DSP ELSS Tax Saver Fund
ELSSVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹142.27+0.43%1 day
- Return since launch
- 14.1%
- 52-week range
- ₹124.71 — ₹146.69
- AUM
- ₹15,569 Cr
DSP ELSS Tax Saver Fund is a ELSS equity fund from DSP Mutual Fund with ₹15,569 Cr under management, launched in 2006. Over three years it has returned 5.8% a year, against 11.4% for its category. The expense ratio is 1.80% 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 -0.1% against 0.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.4% | +4.8 pts | 0.6% | 6.0% |
| 2Y | 4.0% | −0.3 pts | 4.3% | 3.9% |
| 3Y | 5.8% | −5.6 pts | 11.4% | 4.6% |
| 5Y | 11.6% | +1.8 pts | 9.8% | 9.3% |
| 7Y | 14.7% | +1.4 pts | 13.3% | 12.1% |
| 10Y | 14.6% | +1.7 pts | 12.9% | 11.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 9.6% | +2.9 pts | 6.7% | 7.5% |
| 3M | 0.9% | +1.4 pts | -0.5% | -0.5% |
| 6M | 5.0% | +0.4 pts | 4.6% | 4.7% |
| 1Y | 0.5% | 0.0 pts | 0.6% | 0.3% |
| 2Y | 2.1% | +0.2 pts | 1.9% | 1.4% |
| 3Y | 13.9% | +2.5 pts | 11.4% | 10.7% |
| 5Y | 11.0% | +1.2 pts | 9.8% | 8.8% |
| 7Y | 15.7% | +1.2 pts | 14.6% | 12.7% |
| 10Y | 14.0% | +1.0 pts | 12.9% | 11.5% |
Since launch (27 Nov 2006): 14.1%
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
1.77%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.43%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.31%
- 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 | 1.96 | 4.34 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.00 | 1.03 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.44 | 0.55 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.58 | 0.76 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.89 | 17.53 | 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 30 Sep 2026
Asset allocation
- Equity98.8%
- Other1.2%
Market cap split
- Large77.0%
- Mid15.3%
- Small7.6%
- P/E
- 18.18
- P/B
- 2.46
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 9.69% | ₹1,509 Cr | +9.96% | +8.64% | +5.51% |
| HDFC Bank Ltd. | Financial | 8.97% | ₹1,396 Cr | +9.49% | +7.92% | +6.34% |
| Axis Bank Ltd. | Financial | 7.97% | ₹1,240 Cr | +7.94% | +6.34% | +5.38% |
| State Bank of India | Financial | 5.59% | ₹871 Cr | +4.95% | +4.51% | +7.20% |
| Kotak Mahindra Bank Ltd. | Financial | 3.89% | ₹605 Cr | +3.29% | +2.66% | +3.41% |
| Bharti Airtel Ltd. | Communication | 3.37% | ₹525 Cr | +3.34% | +3.54% | +2.95% |
| Reliance Industries Ltd. | Energy | 2.84% | ₹442 Cr | +2.15% | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 2.43% | ₹379 Cr | +2.38% | +2.52% | +2.87% |
| Infosys Ltd. | Technology | 2.28% | ₹354 Cr | +2.15% | +4.12% | +6.48% |
| Max Financial Services Ltd. | Financial | 2.06% | ₹320 Cr | +1.75% | +1.82% | +1.72% |
| Bharat Petroleum Corporation Ltd. | Energy | 1.95% | ₹303 Cr | +1.83% | +1.49% | +2.25% |
| Cipla Ltd. | Healthcare | 1.93% | ₹300 Cr | +1.93% | +1.52% | +2.11% |
| NTPC Ltd. | Energy | 1.86% | ₹289 Cr | +1.93% | +2.05% | +1.93% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.68% | ₹262 Cr | +1.62% | +1.63% | +0.89% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.61% | ₹250 Cr | +1.70% | +1.56% | +2.24% |
| Samvardhana Motherson International Ltd. | Automobile | 1.61% | ₹251 Cr | +1.63% | +2.28% | +2.16% |
| Coforge Ltd. | Technology | 1.60% | ₹249 Cr | +1.32% | +1.36% | +1.58% |
| Indus Towers Ltd. | Communication | 1.55% | ₹242 Cr | +1.53% | +1.69% | +1.38% |
| SBI Life Insurance Company Ltd. | Insurance | 1.53% | ₹238 Cr | +1.36% | +1.34% | +1.40% |
| Larsen & Toubro Ltd. | Construction | 1.52% | ₹236 Cr | +1.57% | +1.46% | +2.33% |
| Tata Consultancy Services Ltd. | Technology | 1.51% | ₹234 Cr | +1.40% | +2.32% | — |
| Eternal Ltd. | Services | 1.47% | ₹228 Cr | +1.42% | +1.35% | — |
| Ipca Laboratories Ltd. | Healthcare | 1.43% | ₹223 Cr | +1.52% | +1.86% | +1.48% |
| Coromandel International Ltd. | Chemicals | 1.41% | ₹220 Cr | +1.40% | +1.30% | +0.88% |
| ITC Ltd. | Consumer Staples | 1.38% | ₹216 Cr | +1.17% | +1.29% | +1.36% |
| PNB Housing Finance Ltd. | Financial | 1.30% | ₹202 Cr | +1.13% | +1.16% | +0.63% |
| Others | Others | 1.24% | ₹197 Cr | +0.68% | -0.28% | -0.26% |
| Jindal Steel Ltd. | Metals & Mining | 1.22% | ₹190 Cr | +1.07% | +1.24% | +1.26% |
| Asian Paints Ltd. | Materials | 1.21% | ₹188 Cr | +1.30% | +1.32% | +0.88% |
| Maruti Suzuki India Ltd. | Automobile | 1.19% | ₹185 Cr | — | — | — |
| Tata Capital Ltd. | Financial | 1.11% | ₹174 Cr | +1.23% | +1.45% | — |
| Bharat Forge Ltd. | Automobile | 1.09% | ₹170 Cr | +0.95% | +1.05% | +0.68% |
| Fortis Healthcare Ltd. | Healthcare | 1.08% | ₹168 Cr | +1.28% | +1.19% | +1.31% |
| Emami Ltd. | Consumer Staples | 1.06% | ₹165 Cr | +1.06% | +1.14% | +1.40% |
| Ultratech Cement Ltd. | Materials | 1.06% | ₹166 Cr | +1.03% | +1.08% | +1.10% |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.03% | ₹160 Cr | +1.09% | +0.84% | +1.15% |
| AU Small Finance Bank Ltd. | Financial | 0.99% | ₹155 Cr | +0.96% | +1.30% | +1.22% |
| Oil India Ltd. | Energy | 0.99% | ₹154 Cr | +0.86% | +1.14% | +1.33% |
| Alkem Laboratories Ltd. | Healthcare | 0.98% | ₹153 Cr | — | — | — |
| Syngene International Ltd. | Healthcare | 0.92% | ₹143 Cr | +1.04% | +1.01% | +1.39% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.90% | ₹141 Cr | +1.18% | +0.98% | — |
| Tata Motors Ltd. | Automobile | 0.87% | ₹136 Cr | +0.82% | +0.84% | — |
| Petronet LNG Ltd. | Energy | 0.85% | ₹133 Cr | +0.79% | +1.11% | — |
| Century Plyboards (India) Ltd. | Materials | 0.83% | ₹129 Cr | +0.85% | +0.92% | +0.96% |
| Container Corporation Of India Ltd. | Services | 0.77% | ₹119 Cr | +0.76% | +0.59% | +0.66% |
| Alembic Pharmaceuticals Ltd. | Healthcare | 0.76% | ₹118 Cr | +0.71% | +0.63% | +0.77% |
| Power Finance Corporation Ltd. | Financial | 0.72% | ₹112 Cr | +0.88% | +1.23% | +1.71% |
| Atul Ltd. | Chemicals | 0.71% | ₹110 Cr | +0.73% | +0.79% | +0.57% |
| Hyundai Motor India Ltd. | Automobile | 0.61% | ₹95.02 Cr | +0.54% | — | — |
| UNO Minda Ltd. | Automobile | 0.56% | ₹87.37 Cr | +0.49% | — | — |
| Shriram Finance Ltd | Financial | 0.55% | ₹85.80 Cr | +0.92% | +1.51% | +0.49% |
| Gujarat Energy Ltd. | Energy | 0.42% | ₹65.80 Cr | +0.55% | — | — |
| Ahluwalia Contracts (India) Ltd. | Construction | 0.41% | ₹63.09 Cr | +0.59% | +0.50% | +0.68% |
| ACC Ltd. | Materials | 0.37% | ₹57.05 Cr | +0.38% | +0.40% | +0.72% |
| GHCL Ltd. | Chemicals | 0.33% | ₹51.30 Cr | +0.33% | +0.36% | +0.52% |
| SBI Cards And Payment Services Ltd. | Financial | 0.31% | ₹48.40 Cr | +0.30% | +0.35% | +0.47% |
| KEC International Ltd. | Capital Goods | 0.24% | ₹37.70 Cr | +0.31% | +0.54% | +0.83% |
| Cohance Lifesciences Ltd. | Healthcare | 0.10% | ₹14.80 Cr | +0.90% | +0.66% | +1.72% |
| GSPL Transmission Ltd. | Energy | 0.09% | ₹13.33 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 8.38% | 8.97% | +0.59% |
| Eternal Ltd. | 1.75% | 1.47% | -0.28% |
| ICICI Bank Ltd. | 9.96% | 9.69% | -0.27% |
| Kotak Mahindra Bank Ltd. | 3.65% | 3.89% | +0.24% |
| Coforge Ltd. | 1.78% | 1.60% | -0.18% |
| State Bank of India | 5.77% | 5.59% | -0.18% |
| Bharat Forge Ltd. | 0.93% | 1.09% | +0.16% |
| Infosys Ltd. | 2.42% | 2.28% | -0.14% |
| Tata Consultancy Services Ltd. | 1.65% | 1.51% | -0.14% |
| Bharti Airtel Ltd. | 3.25% | 3.37% | +0.12% |
| Others | -0.11% | 0.01% | +0.12% |
| Fortis Healthcare Ltd. | 1.20% | 1.08% | -0.12% |
| ITC Ltd. | 1.26% | 1.38% | +0.12% |
| Tata Capital Ltd. | 1.23% | 1.11% | -0.12% |
| Emami Ltd. | 0.95% | 1.06% | +0.11% |
| NTPC Ltd. | 1.76% | 1.86% | +0.10% |
| Mahindra & Mahindra Ltd. | 2.53% | 2.43% | -0.10% |
| Axis Bank Ltd. | 7.89% | 7.97% | +0.08% |
| Maruti Suzuki India Ltd. | 1.26% | 1.19% | -0.07% |
| Cohance Lifesciences Ltd. | 0.17% | 0.10% | -0.07% |
| Cholamandalam Investment and Finance Company Ltd. | 0.97% | 0.90% | -0.07% |
| PNB Housing Finance Ltd. | 1.24% | 1.30% | +0.06% |
| SBI Life Insurance Company Ltd. | 1.47% | 1.53% | +0.06% |
| Ipca Laboratories Ltd. | 1.37% | 1.43% | +0.06% |
| Container Corporation Of India Ltd. | 0.82% | 0.77% | -0.05% |
| Alembic Pharmaceuticals Ltd. | 0.72% | 0.76% | +0.04% |
| Asian Paints Ltd. | 1.25% | 1.21% | -0.04% |
| Cipla Ltd. | 1.89% | 1.93% | +0.04% |
| Hindustan Unilever Ltd. | 1.57% | 1.61% | +0.04% |
| Indus Towers Ltd. | 1.51% | 1.55% | +0.04% |
| Sun Pharmaceutical Industries Ltd. | 1.72% | 1.68% | -0.04% |
| Tata Motors Ltd. | 0.91% | 0.87% | -0.04% |
| Alkem Laboratories Ltd. | 0.95% | 0.98% | +0.03% |
| Century Plyboards (India) Ltd. | 0.86% | 0.83% | -0.03% |
| Hindustan Petroleum Corporation Ltd. | 1.00% | 1.03% | +0.03% |
| Samvardhana Motherson International Ltd. | 1.58% | 1.61% | +0.03% |
| Shriram Finance Ltd | 0.58% | 0.55% | -0.03% |
| Ahluwalia Contracts (India) Ltd. | 0.43% | 0.41% | -0.02% |
| Coromandel International Ltd. | 1.39% | 1.41% | +0.02% |
| Jindal Steel Ltd. | 1.20% | 1.22% | +0.02% |
| Max Financial Services Ltd. | 2.04% | 2.06% | +0.02% |
| Power Finance Corporation Ltd. | 0.70% | 0.72% | +0.02% |
| Ultratech Cement Ltd. | 1.04% | 1.06% | +0.02% |
| Syngene International Ltd. | 0.94% | 0.92% | -0.02% |
| Reliance Industries Ltd. | 2.85% | 2.84% | -0.01% |
| ACC Ltd. | 0.36% | 0.37% | +0.01% |
| AU Small Finance Bank Ltd. | 1.00% | 0.99% | -0.01% |
| Gujarat Energy Ltd. | 0.41% | 0.42% | +0.01% |
| Hyundai Motor India Ltd. | 0.62% | 0.61% | -0.01% |
| KEC International Ltd. | 0.25% | 0.24% | -0.01% |
| Oil India Ltd. | 1.00% | 0.99% | -0.01% |
| Petronet LNG Ltd. | 0.84% | 0.85% | +0.01% |
| SBI Cards And Payment Services Ltd. | 0.32% | 0.31% | -0.01% |
| GSPL Transmission Ltd. | 0.08% | 0.09% | +0.01% |
| UNO Minda Ltd. | 0.57% | 0.56% | -0.01% |
| Atul Ltd. | 0.71% | 0.71% | 0.00% |
| Bharat Petroleum Corporation Ltd. | 1.95% | 1.95% | 0.00% |
| GHCL Ltd. | 0.33% | 0.33% | 0.00% |
| Larsen & Toubro Ltd. | 1.52% | 1.52% | 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 | ₹2,088 Cr | 2.35% | 8.8% | 8.1% | 13.5% |
 Motilal Oswal ELSS Tax Saver Fund | ₹4,890 Cr | 2.07% | 8.1% | 8.8% | 16.0% |
 HSBC ELSS Tax saver Fund | ₹3,974 Cr | 1.98% | 8.0% | 7.9% | 12.9% |
 Baroda BNP Paribas ELSS Tax Saver Fund | ₹857 Cr | 2.46% | 6.6% | 7.2% | 11.9% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹481 Cr | 2.60% | 10.8% | 8.6% | — |
 JM ELSS - Tax Saver Fund | ₹240 Cr | 2.66% | 10.6% | 7.7% | 13.1% |
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 months5.01% absolute | ₹60,000 | ₹63,006 | 5.01% | |
| 1 year0.54% annualised | ₹1,20,000 | ₹1,20,352 | 0.29% | |
| 3 years13.95% annualised | ₹3,60,000 | ₹4,49,045 | 24.73% | |
| 5 years10.99% annualised | ₹6,00,000 | ₹8,02,250 | 33.71% |
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 ₹142.27 as on 9 Nov 2026.
What is the expense ratio of DSP ELSS Tax Saver Fund?
The expense ratio of DSP ELSS Tax Saver Fund is 1.80% 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 5.4% over 1 year, 5.8% over 3 years and 11.6% 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 ₹2,47,696 Cr under management.