Dsp Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 15
BMSMONEY Rating
Growth Option As On: 23-04-2024
NAV ₹116.17 (R) +0.19% ₹127.56 (D) +0.19%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 42.39% 21.18% 19.26% 15.76% 18.13%
LumpSum Dir. P 43.7% 22.32% 20.4% 16.91% 19.21%
SIP Reg. P 39.82% 20.66% 22.77% 19.41% 17.19%
SIP Dir. P 41.11% 21.76% 23.93% 20.52% 18.27%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.85 0.46 0.91 1.94% 0.12
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.83% -14.43% -11.23% 0.92 8.93%

NAV Date: 23-04-2024

Scheme Name NAV Rupee Change Percent Change
DSP Tax Saver Fund - Regular Plan - IDCW 23.14
0.0400
0.1900%
DSP Tax Saver Fund - Direct Plan - IDCW 80.25
0.1500
0.1900%
DSP Tax Saver Fund - Regular Plan - Growth 116.17
0.2200
0.1900%
DSP Tax Saver Fund - Direct Plan - Growth 127.56
0.2500
0.1900%

Review Date: March 28, 2024

The ELSS (Tax Saving) Fund category has 35 funds. Performance of the DSP Tax Saver Fund has been analyzed on 20 performance parameters. Out of eight return parameters, the fund has one return parameter in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved 15th (out of 35 funds), which is ok rank in the ELSS (Tax Saving) Fund category.
Using a composite performance score, our ranking methodology takes into account the fund's return, the risk it carries, and its risk-adjusted performance during the last three years. This composite performance score then becomes the basis for ranking funds within the category.

The DSP Tax Saver Fund has below average return performance, as more than 25% 1 year and above return parameters are below average in ELSS (Tax Saving) Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the DSP Tax Saver Fund has given return of -1.53% in last one month which is very poor as it is in the fourth quartile in ELSS (Tax Saving) Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the DSP Tax Saver Fund has given return of 3.25% in last three month which is very poor as it is in the fourth quartile in ELSS (Tax Saving) Fund.
  3. 1 Year Return%: The DSP Tax Saver Fund has given return of 42.48% in last one year which is good as it is above average in ELSS (Tax Saving) Fund. The one year return rank of DSP Tax Saver Fund is 13 in 35 funds. The investment of ₹ 10,000 in this fund would have become ₹ 14248.0 in one year.
  4. 3 Year Return%: The DSP Tax Saver Fund has given return of 19.72% in last three year which is good as it is above average with return rank of 12 in 33 funds. in ELSS (Tax Saving) Fund.
  5. 5 Year Return%: The DSP Tax Saver Fund has given return of 18.4% in last five year which is very good as it is in the top quartile with return rank of 8 in 31 funds. in ELSS (Tax Saving) Fund.
  6. 1 Year SIP Return%: The DSP Tax Saver Fund has given return of 18.39% in last one year which is poor as it is in the below average with return rank of 15 in 35 funds. in ELSS (Tax Saving) Fund.
  7. 3 Year SIP Return%: The DSP Tax Saver Fund has given return of 19.44% in last three year which is good as it is above average with return rank of 14 in 33 funds. in ELSS (Tax Saving) Fund.
  8. 5 Year SIP Return%: The DSP Tax Saver Fund has given return of 21.83% in last five year which is good as it is above average with return rank of 9 in 31 funds. in ELSS (Tax Saving) Fund.
  9. '
'

The DSP Tax Saver Fund has poor risk performance, as non of above risk paramerters are above average ELSS (Tax Saving) Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The DSP Tax Saver Fund has standard deviation of 12.83 which is poor as it is in the below average with risk rank of 23 in 33 funds. in ELSS (Tax Saving) Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The DSP Tax Saver Fund has semi deviation of 8.93 which is poor as it is in the below average with risk rank of 21 in 33 funds. in ELSS (Tax Saving) Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The DSP Tax Saver Fund has max drawdown of -11.23% which is good as it is above average with risk rank of 12 in 33 funds. in ELSS (Tax Saving) Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The DSP Tax Saver Fund has 1Y VaR at 95% of -14.43% which is poor as it is in the below average with risk rank of 24 in 33 funds. in ELSS (Tax Saving) Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The DSP Tax Saver Fund has average drawdown of -5.61% which is very poor as it is in the fourth quartile with risk rank of 28 in 33 funds. in ELSS (Tax Saving) Fund.
  6. '
'

The DSP Tax Saver Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in ELSS (Tax Saving) Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The DSP Tax Saver Fund has Sterling Ratio of 0.91 which is good as it is above average with risk rank of 10 in 33 funds. in ELSS (Tax Saving) Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The DSP Tax Saver Fund has Sortino Ratio of 0.46 which is good as it is above average with risk rank of 13 in 33 funds. in ELSS (Tax Saving) Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The DSP Tax Saver Fund has Jensen Alpha of 1.94% which is poor as it is in the below average with risk rank of 16 in 33 funds. in ELSS (Tax Saving) Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The DSP Tax Saver Fund has Treynor Ratio of 0.12 which is good as it is above average with risk rank of 14 in 33 funds. in ELSS (Tax Saving) Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The DSP Tax Saver Fund has Modigliani Square Measure of 19.86% which is good as it is above average with risk rank of 13 in 33 funds. in ELSS (Tax Saving) Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The DSP Tax Saver Fund has Alpha of 0.54% which is good as it is above average with risk rank of 14 in 33 funds. in ELSS (Tax Saving) Fund.
  7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 4.17
3.51
1.31 | 7.58 7 | 35
Yes
Yes
No
3M Return % 6.38
6.91
1.67 | 13.93 17 | 35
No
No
No
6M Return % 23.55
22.63
13.08 | 39.07 11 | 35
Yes
No
No
1Y Return % 42.39
40.10
24.62 | 60.56 12 | 35
Yes
No
No
3Y Return % 21.18
20.05
11.47 | 30.41 11 | 33
Yes
No
No
5Y Return % 19.26
17.30
10.39 | 31.55 7 | 31
Yes
Yes
No
7Y Return % 15.76
14.46
10.18 | 24.09 9 | 29
Yes
No
No
10Y Return % 18.13
16.30
14.11 | 25.20 3 | 22
Yes
Yes
No
15Y Return % 18.63
16.58
13.59 | 18.67 2 | 19
Yes
Yes
No
1Y SIP Return % 39.82
37.98
21.56 | 65.14 12 | 35
Yes
No
No
3Y SIP Return % 20.66
19.75
13.30 | 31.17 11 | 33
Yes
No
No
5Y SIP Return % 22.77
21.21
13.51 | 36.14 9 | 31
Yes
No
No
7Y SIP Return % 19.41
17.89
11.40 | 30.04 7 | 29
Yes
Yes
No
10Y SIP Return % 17.19
15.77
11.23 | 25.56 6 | 22
Yes
Yes
No
15Y SIP Return % 16.97
15.33
12.84 | 20.80 4 | 20
Yes
Yes
No
Standard Deviation 12.83
12.71
10.06 | 16.60 23 | 33
No
No
No
Semi Deviation 8.93
8.87
7.11 | 11.74 21 | 33
No
No
No
Max Drawdown % -11.23
-12.33
-22.81 | -6.28 12 | 33
Yes
No
No
VaR 1 Y % -14.43
-14.08
-20.17 | -11.38 24 | 33
No
No
No
Average Drawdown % -5.61
-4.86
-9.27 | -2.58 28 | 33
No
No
Yes
Sharpe Ratio 0.85
0.80
0.17 | 1.40 14 | 33
Yes
No
No
Sterling Ratio 0.91
0.85
0.35 | 1.55 10 | 33
Yes
No
No
Sortino Ratio 0.46
0.43
0.10 | 0.81 13 | 33
Yes
No
No
Jensen Alpha % 1.94
2.35
-7.38 | 15.75 16 | 33
No
No
No
Treynor Ratio 0.12
0.12
0.02 | 0.24 14 | 33
Yes
No
No
Modigliani Square Measure % 19.86
19.23
9.76 | 28.13 13 | 33
Yes
No
No
Alpha % 0.54
0.39
-8.49 | 13.92 14 | 33
Yes
No
No
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 4.24 3.60 1.37 | 7.68 7 | 35
Yes
Yes
No
3M Return % 6.62 7.19 2.14 | 14.27 17 | 35
No
No
No
6M Return % 24.13 23.29 14.21 | 39.76 12 | 35
Yes
No
No
1Y Return % 43.70 41.61 26.46 | 62.31 12 | 35
Yes
No
No
3Y Return % 22.32 21.41 12.37 | 32.45 12 | 33
Yes
No
No
5Y Return % 20.40 18.62 11.36 | 33.72 8 | 31
Yes
Yes
No
7Y Return % 16.91 15.68 11.22 | 25.69 9 | 29
Yes
No
No
10Y Return % 19.21 17.28 14.23 | 26.46 6 | 23
Yes
Yes
No
1Y SIP Return % 41.11 39.48 23.37 | 66.84 12 | 35
Yes
No
No
3Y SIP Return % 21.76 21.06 14.16 | 32.02 11 | 33
Yes
No
No
5Y SIP Return % 23.93 22.55 14.44 | 38.35 10 | 31
Yes
No
No
7Y SIP Return % 20.52 19.10 12.34 | 31.93 8 | 29
Yes
Yes
No
10Y SIP Return % 18.27 16.75 12.22 | 27.02 6 | 23
Yes
Yes
No
Standard Deviation 12.83 12.71 10.06 | 16.60 23 | 33
No
No
No
Semi Deviation 8.93 8.87 7.11 | 11.74 21 | 33
No
No
No
Max Drawdown % -11.23 -12.33 -22.81 | -6.28 12 | 33
Yes
No
No
VaR 1 Y % -14.43 -14.08 -20.17 | -11.38 24 | 33
No
No
No
Average Drawdown % -5.61 -4.86 -9.27 | -2.58 28 | 33
No
No
Yes
Sharpe Ratio 0.85 0.80 0.17 | 1.40 14 | 33
Yes
No
No
Sterling Ratio 0.91 0.85 0.35 | 1.55 10 | 33
Yes
No
No
Sortino Ratio 0.46 0.43 0.10 | 0.81 13 | 33
Yes
No
No
Jensen Alpha % 1.94 2.35 -7.38 | 15.75 16 | 33
No
No
No
Treynor Ratio 0.12 0.12 0.02 | 0.24 14 | 33
Yes
No
No
Modigliani Square Measure % 19.86 19.23 9.76 | 28.13 13 | 33
Yes
No
No
Alpha % 0.54 0.39 -8.49 | 13.92 14 | 33
Yes
No
No
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.19 ₹ 10019.0 0.19 ₹ 10019.0
1W 1.49 ₹ 10149.0 1.5 ₹ 10150.0
1M 4.17 ₹ 10417.0 4.24 ₹ 10424.0
3M 6.38 ₹ 10638.0 6.62 ₹ 10662.0
6M 23.55 ₹ 12355.0 24.13 ₹ 12413.0
1Y 42.39 ₹ 14239.0 43.7 ₹ 14370.0
3Y 21.18 ₹ 17793.0 22.32 ₹ 18302.0
5Y 19.26 ₹ 24127.0 20.4 ₹ 25304.0
7Y 15.76 ₹ 27862.0 16.91 ₹ 29852.0
10Y 18.13 ₹ 52921.0 19.21 ₹ 57954.0
15Y 18.63 ₹ 129701.0 - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 39.8203 ₹ 14452.104 41.1121 ₹ 14527.956
3Y ₹ 36000 20.6581 ₹ 48726.828 21.7631 ₹ 49481.28
5Y ₹ 60000 22.7678 ₹ 105567.36 23.9285 ₹ 108561.6
7Y ₹ 84000 19.4117 ₹ 167812.008 20.517 ₹ 174541.752
10Y ₹ 120000 17.1921 ₹ 296066.16 18.2714 ₹ 313810.44
15Y ₹ 180000 16.9705 ₹ 732619.0800000001 - ₹ -


Date NAV Regular Growth NAV Direct Growth
23-04-2024 116.173 127.556
22-04-2024 115.952 127.31
19-04-2024 114.981 126.234
18-04-2024 114.468 125.668
16-04-2024 114.976 126.22
15-04-2024 115.134 126.39
12-04-2024 116.298 127.658
09-04-2024 116.487 127.856
08-04-2024 116.365 127.72
05-04-2024 115.591 126.861
04-04-2024 115.12 126.341
03-04-2024 114.727 125.906
02-04-2024 114.359 125.499
01-04-2024 113.858 124.946
28-03-2024 112.527 123.474
27-03-2024 111.49 122.334
26-03-2024 111.525 122.369
22-03-2024 111.376 122.195
21-03-2024 110.797 121.557
20-03-2024 109.265 119.873
19-03-2024 109.265 119.87
18-03-2024 110.541 121.268
15-03-2024 110.684 121.416
14-03-2024 111.857 122.699
13-03-2024 110.84 121.581
12-03-2024 113.75 124.77
11-03-2024 114.317 125.389
07-03-2024 115.185 126.329
06-03-2024 115.123 126.258
05-03-2024 115.453 126.617
04-03-2024 115.773 126.965
01-03-2024 115.253 126.385
29-02-2024 113.685 124.663
28-02-2024 113.221 124.151
27-02-2024 114.279 125.309
26-02-2024 114.412 125.451
23-02-2024 114.683 125.739
22-02-2024 114.641 125.688
21-02-2024 113.997 124.98
20-02-2024 114.723 125.772
19-02-2024 114.381 125.394
16-02-2024 113.914 124.872
15-02-2024 113.192 124.077
14-02-2024 112.143 122.925
13-02-2024 111.175 121.86
12-02-2024 110.719 121.357
09-02-2024 112.438 123.231
08-02-2024 112.912 123.747
07-02-2024 113.391 124.269
06-02-2024 113.126 123.975
05-02-2024 111.93 122.662
02-02-2024 111.656 122.351
01-02-2024 111.018 121.649
31-01-2024 111.074 121.708
30-01-2024 109.689 120.187
29-01-2024 110.286 120.837
25-01-2024 108.728 119.117
24-01-2024 109.201 119.632
23-01-2024 107.564 117.836
19-01-2024 109.725 120.191
18-01-2024 108.482 118.826
17-01-2024 108.717 119.081
16-01-2024 110.735 121.287
15-01-2024 111.13 121.717
12-01-2024 110.262 120.756
11-01-2024 109.429 119.841
10-01-2024 109.116 119.495
09-01-2024 109.133 119.511
08-01-2024 108.945 119.301
05-01-2024 109.889 120.325
04-01-2024 109.629 120.038
03-01-2024 108.686 119.002
02-01-2024 109.057 119.405
01-01-2024 109.441 119.822
29-12-2023 108.987 119.316
28-12-2023 108.756 119.06
27-12-2023 107.694 117.894
26-12-2023 107.224 117.377
22-12-2023 106.517 116.59
21-12-2023 105.95 115.966
20-12-2023 105.386 115.346
19-12-2023 107.883 118.076
18-12-2023 107.883 118.073
15-12-2023 107.912 118.095
14-12-2023 107.163 117.273
13-12-2023 105.991 115.987
12-12-2023 105.206 115.125
11-12-2023 105.315 115.241
08-12-2023 104.914 114.794
07-12-2023 104.632 114.482
06-12-2023 104.582 114.424
05-12-2023 104.42 114.244
04-12-2023 103.742 113.499
01-12-2023 101.901 111.477
30-11-2023 100.951 110.435
29-11-2023 100.187 109.596
28-11-2023 99.072 108.373
24-11-2023 98.366 107.59
23-11-2023 98.278 107.491
22-11-2023 98.182 107.383
21-11-2023 98.099 107.289
20-11-2023 97.899 107.068
17-11-2023 97.967 107.135
16-11-2023 98.222 107.41
15-11-2023 97.692 106.828
13-11-2023 96.503 105.523
10-11-2023 96.152 105.131
09-11-2023 95.906 104.859
08-11-2023 95.846 104.792
07-11-2023 95.542 104.457
06-11-2023 95.246 104.13
03-11-2023 94.47 103.275
02-11-2023 93.913 102.662
01-11-2023 93.001 101.664
31-10-2023 93.48 102.184
30-10-2023 93.496 102.199
27-10-2023 93.441 102.132
26-10-2023 92.35 100.937
25-10-2023 93.432 102.117
23-10-2023 94.029 102.764
20-10-2023 95.613 104.488
19-10-2023 96.376 105.319
18-10-2023 96.614 105.576
17-10-2023 97.16 106.171
16-10-2023 96.801 105.775
13-10-2023 96.654 105.607
12-10-2023 96.829 105.795
11-10-2023 96.724 105.678
10-10-2023 96.269 105.179
09-10-2023 95.219 104.028
06-10-2023 96.184 105.076
05-10-2023 95.647 104.487
04-10-2023 95.351 104.161
03-10-2023 96.298 105.192
29-09-2023 96.696 105.617
27-09-2023 96.528 105.428
26-09-2023 96.18 105.046
25-09-2023 96.256 105.126
22-09-2023 96.295 105.161
21-09-2023 96.504 105.386
20-09-2023 97.497 106.468
18-09-2023 98.216 107.248
15-09-2023 98.336 107.371
14-09-2023 97.88 106.871
13-09-2023 97.419 106.365
12-09-2023 97.018 105.924
11-09-2023 98.354 107.38
08-09-2023 97.496 106.436
07-09-2023 96.748 105.617
06-09-2023 96.351 105.182
05-09-2023 96.372 105.201
04-09-2023 96.227 105.04
01-09-2023 95.632 104.384
31-08-2023 94.728 103.395
30-08-2023 94.899 103.579
29-08-2023 94.88 103.555
28-08-2023 94.475 103.111
25-08-2023 94.006 102.591
24-08-2023 94.544 103.175
23-08-2023 94.294 102.9
22-08-2023 94.037 102.617
21-08-2023 93.68 102.225
18-08-2023 93.199 101.693
17-08-2023 93.309 101.81
16-08-2023 93.498 102.013
14-08-2023 93.266 101.755
11-08-2023 93.742 102.268
10-08-2023 94.027 102.575
09-08-2023 94.477 103.064
08-08-2023 93.995 102.536
07-08-2023 93.804 102.325
04-08-2023 93.292 101.758
03-08-2023 92.684 101.093
02-08-2023 93.101 101.545
01-08-2023 94.313 102.865
31-07-2023 94.01 102.532
28-07-2023 93.181 101.62
27-07-2023 93.189 101.626
26-07-2023 93.264 101.705
25-07-2023 92.875 101.279
24-07-2023 92.445 100.807
21-07-2023 92.349 100.695
20-07-2023 92.908 101.302
19-07-2023 92.397 100.743
18-07-2023 91.99 100.295
17-07-2023 91.988 100.291
14-07-2023 91.476 99.726
13-07-2023 90.798 98.984
12-07-2023 90.85 99.037
11-07-2023 90.868 99.055
10-07-2023 90.543 98.698
07-07-2023 90.767 98.935
06-07-2023 91.422 99.646
05-07-2023 90.732 98.891
04-07-2023 90.334 98.455
03-07-2023 90.091 98.188
30-06-2023 89.665 97.716
28-06-2023 88.667 96.624
27-06-2023 88.178 96.089
26-06-2023 87.643 95.504
23-06-2023 87.183 94.995
22-06-2023 87.88 95.752
21-06-2023 88.355 96.267
20-06-2023 88.052 95.935
19-06-2023 87.788 95.644
16-06-2023 88.01 95.879
15-06-2023 87.336 95.143
14-06-2023 87.576 95.402
13-06-2023 87.524 95.342
12-06-2023 87.063 94.838
09-06-2023 86.452 94.165
08-06-2023 86.747 94.484
07-06-2023 87.29 95.073
06-06-2023 86.772 94.507
05-06-2023 86.736 94.465
02-06-2023 86.35 94.038
01-06-2023 85.984 93.636
31-05-2023 86.002 93.654
30-05-2023 86.224 93.894
29-05-2023 86.044 93.695
26-05-2023 85.65 93.259
25-05-2023 84.993 92.541
24-05-2023 84.902 92.439
23-05-2023 85.053 92.602
22-05-2023 84.953 92.49
19-05-2023 84.582 92.08
18-05-2023 84.185 91.645
17-05-2023 84.576 92.068
16-05-2023 85.004 92.533
15-05-2023 85.135 92.672
12-05-2023 84.649 92.137
11-05-2023 84.646 92.131
10-05-2023 84.337 91.792
09-05-2023 84.011 91.436
08-05-2023 84.062 91.489
05-05-2023 83.019 90.346
04-05-2023 83.878 91.279
03-05-2023 83.146 90.48
02-05-2023 83.251 90.592
28-04-2023 82.7 89.983
27-04-2023 82.229 89.469
26-04-2023 81.893 89.101
25-04-2023 81.589 88.768
24-04-2023 81.678 88.863

Fund Launch Date: 27/Nov/2006
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: An Open ended equity linked savings scheme, whose primary investment objective is to seek to generate medium to longterm capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors avail of a deduction from total income, as permitted under the Income Tax Act,1961 from time to time.
Fund Description: An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
Fund Benchmark: Nifty 500 (Total Return Index)
Source: Fund FactSheet

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