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 Class | Equity |
| Scheme Category | ELSS (Tax Savings) |
| Benchmark Type | S&P BSE 200 India TR INR |
| Expense Ratio | 0.85% |
| Min subscription | ₹ 500 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 6,103 |
| AMC AUM (in Crs.) | ₹ 78,363 |
| Min Addition Subscription | ₹ 500 |
Building Graph
Peer Comparison
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
| 500 | 500 | 19.55% | |
| 500 | 500 | 15.54% | |
| 500 | 500 | 13.11% | |
| 500 | 500 | 14.06% | |
| 500 | 500 | 17.76% | |
ICICI Prudential Long Term Equity Fund ( Tax Saving) - Direct Plan | 500 | 500 | 11.95% |
| 500 | 500 | 11.31% | |
| 500 | 500 | 14.06% | |
| 500 | 500 | 16.02% | |
| 500 | 500 | 17.76% | |
| 500 | 500 | 13.11% |
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(%) |
|---|---|---|
| HDFC Bank Ltd | Equity | 9 |
| ICICI Bank Ltd | Equity | 8 |
| Axis Bank Ltd | Equity | 4 |
| Reliance Industries Ltd | Equity | 4 |
| Infosys Ltd | Equity | 4 |
| Larsen & Toubro Ltd | Equity | 3 |
| State Bank of India | Equity | 3 |
| Bharti Airtel Ltd | Equity | 3 |
| Asian Paints Ltd | Equity | 3 |
| Treps / Reverse Repo Investments / Corporate Debt Repo | Cash - Repurchase Agreement | 3 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Equity | 98 |
| Cash - Repurchase Agreement | 3 |
| Cash | 1 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Financial Services | 36 |
| Energy | 12 |
| Industrials | 9 |
| Technology | 8 |
| Basic Materials | 7 |
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.
SuitabilityThis 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.
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Investment DurationYears6Months0
Investment Amount₹ 10000
Return Amount₹ 4185
Return Rate6 %
Duration6y 0m