DSP Tax Saver Fund - Direct Plan
The DSP Blackrock Tax Saver Fund is an open-ended, actively managed equity mutual fund that seeks to provide its investors with long-term capital appreciation through investments in equity and equity-related instruments of primarily large-cap companies. The fund also carries the additional benefit of being an Equity-Linked Saving Scheme (ELSS) under Section 80C of the Income Tax Act, 1961. As this is an ELSS it carries a mandatory 3-year lock-in period of investment. The DSP Blackrock Tax Saver Fund is suitable for investors who have a minimum 3-year investment horizon and are seeking tax-benefits on their investments. As this fund has a large exposure to equity instruments it is prone to market volatility, therefore, investors in this fund should have a high capacity for risk.
Fund Info
Scheme Type
Open-ended
Scheme Category
ELSS (Tax Savings)
Benchmark Type
Nifty 500 Index
Scheme AUM (in Crs.)
₹ 5413.31
Expense Ratio
0.91%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 78363
Min Subscription
₹ 500
Min Addition Subscription
₹ 500
Fund Info
| Scheme Type | Open-ended |
|---|---|
| Scheme Category | ELSS (Tax Savings) |
| Benchmark Type | Nifty 500 Index |
| Scheme AUM (in Crs.) | ₹ 5413.31 |
| Expense Ratio | 0.91% |
| Scheme Class | Equity |
| AMC AUM (in Crs.) | ₹ 78363 |
| Min Subscription | ₹ 500 |
| Min Addition Subscription | ₹ 500 |
Performance
Comparison
Portfolio
AMC Details
Peer Comparison
Fund
Min SIP Inv.
Min Inv.
Returns 3Y
Fund Size(Cr.)
Portfolio Info
The DSP Blackrock Tax Saver Fund invests predominantly in the large-cap segment of the market with an asset allocation between 65-70% towards this segment. The fund invests approximately 10% in the mid-cap segment of the market and the residual amount is invested in either small-cap equity stocks or debt and other stable money market instruments. Presently, the fund invests heavily in the Finance, Construction, Technology and Energy sectors of the Indian economy.
Top 10 Holdings
Company
Holding Type
Asset(%)
ICICI Bank Ltd
Equity
9
HDFC Bank Ltd
Equity
8
Axis Bank Ltd
Equity
5
Treps / Reverse Repo Investments / Corporate Debt Repo
Cash - Repurchase Agreement
4
State Bank of India
Equity
4
Larsen & Toubro Ltd
Equity
4
Asian Paints Ltd
Equity
3
Bharat Financial Inclusion Ltd
Equity
3
Aurobindo Pharma Ltd
Equity
3
Kotak Mahindra Bank Ltd
Equity
2
Asset Allocation(%)
Equity
95
Cash - Repurchase Agreement
4
Mutual Fund - Open End
1
Cash
0
Sector Allocation(%)
Sector
Percent
Banks - Regional - Asia
29
Drug Manufacturers - Specialty & Generic
7
Information Technology Services
7
Engineering & Construction
6
Building Materials
6
Objective
The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.
Suitability
This fund is suitable for investor with a high-risk appetite, looking for long-term capital appreciation through investments in equity and equity related instruments. The fund is also suitable for investors looking to make tax-savings on their mutual fund investments.
DSP BlackRock Mutual Fund
AUM
₹78,363 Cr
About
DSP group is a financial firm with a legacy of 152 years. It has a been in the asset management avenue for over 20 years now and the group is headed by Mr.Hemendra Kothari.##DSP Investment Managers Pvt. Ltd. is the Asset management Company and DSP Trustee Pvt. Ltd, acts as the trustee of the AMC. The company believes that by using adequate investment strategies, it is relatively easy to be successful in the financial market. It provides a wide range of mutual fund scheme ranging from equity, debt, tax and hybrid. The AMC has always managed to keep the returns consistent and they have a brilliant investor base as well.##The AMC believes in taking measured risks, which ultimately results in understanding the market conditions better and makes the best use of the investment opportunity. With a robust variety of products and consistent performance, DSP mutual fund has made a name for itself in the mutual fund industry.
Launch Date
16 Dec 1996
Sponsor
NA
Email
service@dspblackrock.com
Phone
1800-200-4499
Address
Tulsiani Chambers,,West Wing, 11th Floor,,Nariman Point, Mumbai - 400021
DSP BlackRock Mutual Fund
Quick Links
Calculate Returns
LUMPSUM
SIP
Investment Amount
₹10,000
Return Amount
₹4,185
Return Rate
6%
Duration
6y 0m
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