DSP ELSS Tax Saver Fund
ELSSVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹133.84+0.38%1 day
- Return since launch
- 13.9%
- 52-week range
- ₹124.71 — ₹146.69
- AUM
- ₹16,666 Cr
DSP ELSS Tax Saver Fund is a ELSS equity fund from DSP Mutual Fund with ₹16,666 Cr under management, launched in 2006. Over three years it has returned 2.9% a year, against 10.4% for its category. The expense ratio is 1.82% and the SEBI riskometer reading is Very High.
Performance
DSP ELSS Tax Saver Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -2.0% against -0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -6.7% | −6.9 pts | 0.1% | -2.1% |
| 2Y | -2.2% | −2.9 pts | 0.7% | -0.3% |
| 3Y | 2.9% | −7.6 pts | 10.4% | 2.7% |
| 5Y | 9.9% | +0.2 pts | 9.7% | 8.4% |
| 7Y | 13.8% | +0.8 pts | 13.0% | 11.6% |
| 10Y | 13.8% | +1.3 pts | 12.5% | 11.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.4% | −0.9 pts | -3.5% | -3.6% |
| 3M | -3.4% | −2.8 pts | -0.6% | -1.0% |
| 6M | 4.6% | −4.7 pts | 9.2% | 8.2% |
| 1Y | -2.0% | −2.1 pts | 0.1% | -0.8% |
| 2Y | -4.0% | −0.7 pts | -3.3% | -3.9% |
| 3Y | 11.6% | +1.2 pts | 10.4% | 9.2% |
| 5Y | 10.2% | +0.5 pts | 9.7% | 8.7% |
| 7Y | 15.2% | +0.7 pts | 14.4% | 12.5% |
| 10Y | 13.4% | +0.8 pts | 12.5% | 10.9% |
Since launch (27 Nov 2006): 13.9%
Calendar-year returns
Category average15.0%
35.1%
4.5%
30.0%
23.7%
7.5%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.5% | +3.0 pts | 4.5% |
| 2024 | 23.7% | +3.4 pts | 20.3% |
| 2023 | 30.0% | −1.8 pts | 31.8% |
| 2022 | 4.5% | +1.0 pts | 3.5% |
| 2021 | 35.1% | −4.7 pts | 39.9% |
| 2020 | 15.0% | −3.6 pts | 18.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.80%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.44%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.33%
- Exit load
- 0%
- Lock-in
- 3 years
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 1.70 | 4.67 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.99 | 1.08 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.55 | 0.67 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.72 | 0.90 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.50 | 17.94 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
DSP ELSS Tax Saver Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.8%
- Other1.3%
Market cap split
- Large77.1%
- Mid15.4%
- Small7.5%
- P/E
- 19.48
- P/B
- 2.64
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 9.96% | ₹1,660 Cr | +9.27% | +8.06% | +6.21% |
| HDFC Bank Ltd. | Financial | 8.38% | ₹1,397 Cr | +8.78% | +8.03% | +6.96% |
| Axis Bank Ltd. | Financial | 7.89% | ₹1,315 Cr | +7.47% | +6.23% | +5.05% |
| State Bank of India | Financial | 5.77% | ₹962 Cr | +4.13% | +4.57% | +6.73% |
| Kotak Mahindra Bank Ltd. | Financial | 3.65% | ₹609 Cr | +3.12% | +2.73% | +2.95% |
| Bharti Airtel Ltd. | Communication | 3.25% | ₹541 Cr | +3.38% | +2.93% | +3.02% |
| Reliance Industries Ltd. | Energy | 2.85% | ₹475 Cr | — | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 2.53% | ₹421 Cr | +2.42% | +2.53% | +2.50% |
| Infosys Ltd. | Technology | 2.42% | ₹404 Cr | +2.56% | +3.74% | +5.98% |
| Max Financial Services Ltd. | Financial | 2.04% | ₹340 Cr | +1.90% | +1.93% | +1.78% |
| Bharat Petroleum Corporation Ltd. | Energy | 1.95% | ₹324 Cr | +1.61% | +1.78% | +2.30% |
| Cipla Ltd. | Healthcare | 1.89% | ₹314 Cr | +1.89% | +1.46% | +2.43% |
| Coforge Ltd. | Technology | 1.78% | ₹297 Cr | +1.62% | +1.26% | +1.74% |
| NTPC Ltd. | Energy | 1.76% | ₹293 Cr | +1.81% | +1.85% | +1.89% |
| Eternal Ltd. | Services | 1.75% | ₹291 Cr | +1.38% | +1.27% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.72% | ₹286 Cr | +1.35% | +1.41% | +0.91% |
| Tata Consultancy Services Ltd. | Technology | 1.65% | ₹274 Cr | +2.07% | +2.26% | — |
| Samvardhana Motherson International Ltd. | Automobile | 1.58% | ₹263 Cr | +1.90% | +2.53% | +1.93% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.57% | ₹262 Cr | +1.52% | +1.55% | +2.41% |
| Larsen & Toubro Ltd. | Construction | 1.52% | ₹254 Cr | +1.59% | +2.26% | +2.33% |
| Indus Towers Ltd. | Communication | 1.51% | ₹252 Cr | +1.77% | +1.60% | +1.39% |
| SBI Life Insurance Company Ltd. | Insurance | 1.47% | ₹244 Cr | +1.35% | +1.34% | +1.43% |
| Coromandel International Ltd. | Chemicals | 1.39% | ₹232 Cr | +1.23% | +0.87% | +0.92% |
| Ipca Laboratories Ltd. | Healthcare | 1.37% | ₹229 Cr | +1.63% | +1.65% | +1.56% |
| ITC Ltd. | Consumer Staples | 1.26% | ₹210 Cr | +1.20% | +1.23% | +1.41% |
| Maruti Suzuki India Ltd. | Automobile | 1.26% | ₹209 Cr | — | — | — |
| Asian Paints Ltd. | Materials | 1.25% | ₹208 Cr | +1.53% | +1.26% | +0.95% |
| Others | Others | 1.25% | ₹214 Cr | +0.20% | -0.62% | +0.04% |
| PNB Housing Finance Ltd. | Financial | 1.24% | ₹207 Cr | +1.15% | +1.11% | +0.56% |
| Tata Capital Ltd. | Financial | 1.23% | ₹205 Cr | +1.25% | +1.38% | — |
| Fortis Healthcare Ltd. | Healthcare | 1.20% | ₹200 Cr | +1.27% | +1.23% | +1.25% |
| Jindal Steel Ltd. | Metals & Mining | 1.20% | ₹199 Cr | +1.25% | +1.21% | +1.14% |
| Ultratech Cement Ltd. | Materials | 1.04% | ₹173 Cr | +1.07% | +1.11% | +1.16% |
| AU Small Finance Bank Ltd. | Financial | 1.00% | ₹166 Cr | +0.93% | +1.29% | +1.41% |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.00% | ₹167 Cr | +1.06% | +0.96% | +0.96% |
| Oil India Ltd. | Energy | 1.00% | ₹166 Cr | +0.88% | +1.01% | +1.08% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.97% | ₹161 Cr | +1.04% | +0.72% | — |
| Alkem Laboratories Ltd. | Healthcare | 0.95% | ₹158 Cr | — | — | +0.45% |
| Emami Ltd. | Consumer Staples | 0.95% | ₹158 Cr | +1.07% | +1.17% | +1.51% |
| Syngene International Ltd. | Healthcare | 0.94% | ₹156 Cr | +1.07% | +0.96% | +1.42% |
| Bharat Forge Ltd. | Automobile | 0.93% | ₹154 Cr | +0.89% | +1.05% | +0.63% |
| Tata Motors Ltd. | Automobile | 0.91% | ₹152 Cr | +0.76% | +0.94% | — |
| Century Plyboards (India) Ltd. | Materials | 0.86% | ₹143 Cr | +0.90% | +0.84% | +0.89% |
| Petronet LNG Ltd. | Energy | 0.84% | ₹140 Cr | +0.78% | +1.28% | — |
| Container Corporation Of India Ltd. | Services | 0.82% | ₹136 Cr | +0.70% | +0.60% | +0.67% |
| Alembic Pharmaceuticals Ltd. | Healthcare | 0.72% | ₹120 Cr | +0.65% | +0.59% | +0.82% |
| Atul Ltd. | Chemicals | 0.71% | ₹119 Cr | +0.79% | +0.61% | +0.65% |
| Power Finance Corporation Ltd. | Financial | 0.70% | ₹116 Cr | +0.92% | +1.17% | +1.61% |
| Hyundai Motor India Ltd. | Automobile | 0.62% | ₹103 Cr | +0.56% | — | — |
| Shriram Finance Ltd | Financial | 0.58% | ₹96.90 Cr | +1.05% | +1.63% | +0.46% |
| UNO Minda Ltd. | Automobile | 0.57% | ₹95.28 Cr | — | — | — |
| Ahluwalia Contracts (India) Ltd. | Construction | 0.43% | ₹71.02 Cr | +0.56% | +0.51% | +0.64% |
| Gujarat Energy Ltd. | Energy | 0.41% | ₹68.60 Cr | +0.69% | — | — |
| ACC Ltd. | Materials | 0.36% | ₹60.48 Cr | +0.41% | +0.44% | +0.73% |
| GHCL Ltd. | Chemicals | 0.33% | ₹55.39 Cr | +0.36% | +0.35% | +0.48% |
| SBI Cards And Payment Services Ltd. | Financial | 0.32% | ₹53.98 Cr | +0.32% | +0.37% | +0.44% |
| KEC International Ltd. | Capital Goods | 0.25% | ₹41.62 Cr | +0.49% | +0.54% | +0.78% |
| Cohance Lifesciences Ltd. | Healthcare | 0.17% | ₹28.09 Cr | +0.88% | +0.59% | +1.02% |
| GSPL Transmission Ltd. | Energy | 0.08% | ₹13.85 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Alkem Laboratories Ltd. | 0.22% | 0.95% | +0.73% |
| Axis Bank Ltd. | 7.19% | 7.89% | +0.70% |
| Cohance Lifesciences Ltd. | 0.84% | 0.17% | -0.67% |
| HDFC Bank Ltd. | 8.82% | 8.38% | -0.44% |
| State Bank of India | 5.33% | 5.77% | +0.44% |
| Bharti Airtel Ltd. | 3.52% | 3.25% | -0.27% |
| Kotak Mahindra Bank Ltd. | 3.39% | 3.65% | +0.26% |
| Cholamandalam Investment and Finance Company Ltd. | 1.21% | 0.97% | -0.24% |
| Coforge Ltd. | 1.54% | 1.78% | +0.24% |
| Maruti Suzuki India Ltd. | 1.04% | 1.26% | +0.22% |
| Samvardhana Motherson International Ltd. | 1.39% | 1.58% | +0.19% |
| Reliance Industries Ltd. | 2.66% | 2.85% | +0.19% |
| Power Finance Corporation Ltd. | 0.88% | 0.70% | -0.18% |
| ICICI Bank Ltd. | 9.80% | 9.96% | +0.16% |
| Eternal Ltd. | 1.60% | 1.75% | +0.15% |
| ITC Ltd. | 1.13% | 1.26% | +0.13% |
| Ahluwalia Contracts (India) Ltd. | 0.56% | 0.43% | -0.13% |
| Max Financial Services Ltd. | 1.94% | 2.04% | +0.10% |
| NTPC Ltd. | 1.86% | 1.76% | -0.10% |
| PNB Housing Finance Ltd. | 1.14% | 1.24% | +0.10% |
| Hindustan Unilever Ltd. | 1.67% | 1.57% | -0.10% |
| Jindal Steel Ltd. | 1.10% | 1.20% | +0.10% |
| Cipla Ltd. | 1.97% | 1.89% | -0.08% |
| Emami Ltd. | 1.03% | 0.95% | -0.08% |
| Mahindra & Mahindra Ltd. | 2.61% | 2.53% | -0.08% |
| Hindustan Petroleum Corporation Ltd. | 1.07% | 1.00% | -0.07% |
| SBI Life Insurance Company Ltd. | 1.54% | 1.47% | -0.07% |
| Tata Motors Ltd. | 0.84% | 0.91% | +0.07% |
| Oil India Ltd. | 0.94% | 1.00% | +0.06% |
| Petronet LNG Ltd. | 0.78% | 0.84% | +0.06% |
| Fortis Healthcare Ltd. | 1.25% | 1.20% | -0.05% |
| AU Small Finance Bank Ltd. | 0.96% | 1.00% | +0.04% |
| Asian Paints Ltd. | 1.29% | 1.25% | -0.04% |
| Atul Ltd. | 0.75% | 0.71% | -0.04% |
| Bharat Petroleum Corporation Ltd. | 1.91% | 1.95% | +0.04% |
| Century Plyboards (India) Ltd. | 0.90% | 0.86% | -0.04% |
| Coromandel International Ltd. | 1.43% | 1.39% | -0.04% |
| Gujarat Energy Ltd. | 0.45% | 0.41% | -0.04% |
| Larsen & Toubro Ltd. | 1.48% | 1.52% | +0.04% |
| Ultratech Cement Ltd. | 1.08% | 1.04% | -0.04% |
| Alembic Pharmaceuticals Ltd. | 0.68% | 0.72% | +0.04% |
| Bharat Forge Ltd. | 0.97% | 0.93% | -0.04% |
| Syngene International Ltd. | 0.90% | 0.94% | +0.04% |
| UNO Minda Ltd. | 0.53% | 0.57% | +0.04% |
| KEC International Ltd. | 0.28% | 0.25% | -0.03% |
| Shriram Finance Ltd | 0.55% | 0.58% | +0.03% |
| Ipca Laboratories Ltd. | 1.40% | 1.37% | -0.03% |
| Tata Consultancy Services Ltd. | 1.62% | 1.65% | +0.03% |
| ACC Ltd. | 0.38% | 0.36% | -0.02% |
| Container Corporation Of India Ltd. | 0.84% | 0.82% | -0.02% |
| Hyundai Motor India Ltd. | 0.61% | 0.62% | +0.01% |
| Indus Towers Ltd. | 1.52% | 1.51% | -0.01% |
| SBI Cards And Payment Services Ltd. | 0.33% | 0.32% | -0.01% |
| Tata Capital Ltd. | 1.22% | 1.23% | +0.01% |
| Others | -0.10% | -0.11% | -0.01% |
| Infosys Ltd. | 2.41% | 2.42% | +0.01% |
| GHCL Ltd. | 0.33% | 0.33% | 0.00% |
| GSPL Transmission Ltd. | 0.08% | 0.08% | 0.00% |
| Sun Pharmaceutical Industries Ltd. | 1.72% | 1.72% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,116 Cr | 2.39% | 10.2% | 9.0% | 14.7% |
 Motilal Oswal ELSS Tax Saver Fund | ₹5,134 Cr | 2.09% | 16.6% | 12.5% | 18.1% |
 HSBC ELSS Tax saver Fund | ₹4,229 Cr | 2.00% | 7.2% | 8.5% | 13.3% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹507 Cr | 2.59% | 4.3% | 7.3% | — |
 ITI ELSS Tax Saver Fund | ₹463 Cr | 2.57% | 8.9% | 7.3% | 13.1% |
 JM ELSS - Tax Saver Fund | ₹248 Cr | 2.69% | 13.8% | 9.4% | 14.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks 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 avail of deduction from total income, as permitted under the income tax act.
Fund managers
- Rohit SinghaniaMr. Singhania is an MMS.Prior to joining DSP AMC he has worked with HDFC Securities Ltd. and IL&FS Investsmart Limited.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months4.57% absolute | ₹60,000 | ₹62,742 | 4.57% | |
| 1 year−1.98% annualised | ₹1,20,000 | ₹1,18,721 | −1.07% | |
| 3 years11.64% annualised | ₹3,60,000 | ₹4,32,556 | 20.15% | |
| 5 years10.22% annualised | ₹6,00,000 | ₹7,85,523 | 30.92% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of DSP ELSS Tax Saver Fund?
The NAV of DSP ELSS Tax Saver Fund is ₹133.84 as on 25 Sep 2026.
What is the expense ratio of DSP ELSS Tax Saver Fund?
The expense ratio of DSP ELSS Tax Saver Fund is 1.82% per year.
What is the minimum SIP amount for DSP ELSS Tax Saver Fund?
You can start a SIP in DSP ELSS Tax Saver Fund with ₹3,000 a month.
What returns has DSP ELSS Tax Saver Fund given?
DSP ELSS Tax Saver Fund has returned -6.7% over 1 year, 2.9% over 3 years and 9.9% over 5 years (annualised).
Is there a lock-in or exit load on DSP ELSS Tax Saver Fund?
Lock-in: 3 years. Exit load: 0%.
How risky is DSP ELSS Tax Saver Fund?
DSP ELSS Tax Saver Fund is rated Very High on the SEBI riskometer and belongs to the ELSS category.
Which fund house manages DSP ELSS Tax Saver Fund?
DSP ELSS Tax Saver Fund is managed by DSP Mutual Fund, which runs 60 schemes with ₹2,33,296 Cr under management.