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DSP Mutual Fund Tax Saver

DSP ELSS Mutual Fund scheme derived from DSP Mutual Fund. This scheme was developed in 2013. Recently, the capital growth has been recorded of ₹10,428 crores under assets management. Since 2013, it has delivered a 17.11% annual average rate of returns. In addition, the fund has doubled the fund invested in the last three years.


SIP Duration

5Y Returns

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  • 5Y Returns


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Fund Category

  • Equity Linked Savings Scheme

Result Showing 1-6 of 6 Mutual Funds

    Mutual Fund Schemes
    5Y Returns
    (in Cr.)
    114.79Dec 8, 2023

    Add to Compare

    72.75Dec 8, 2023

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    72.75Dec 8, 2023

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    104.91Dec 8, 2023

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    21.42Dec 8, 2023

    Add to Compare

    21.42Dec 8, 2023

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    Result Showing 1-6 of 6 Mutual Funds

    DSP Mutual Fund Tax Saver Investment Objective

    DSP ELSS Mutual Fund aims to yield medium to long-term capital appreciation from a diversified portfolio that comprises equity and equity-related securities and to enable investors to avail of deduction from total income, as permitted under the income tax act.

    Risks Involved in DSP ELSS Mutual Fund 

    When contrasted with debt and balanced funds, DSP  ELSS Mutual Fund risk has medium to high market volatility. The fund’s worth may fluctuate in response to the underlying share value. However, stock prices, interest rates, currency values, government regulations, taxation policies and other economic growth may all impact the stock market. Moreover, these investments are less risky than simple small/cap and mid-cap investments and enterprise funds due to their wide-ranging portfolios. Furthermore, the significant risks may estimate out over extended periods of investment. Before investing in the scheme, investors should understand their risk appetite.

    Return Potential of DSP ELSS Mutual Fund 

    Investing in DSP Mutual Fund ELSS offers returns in the form of investment returns and standard earnings. Capital growth occurs when the total stock prices rise over a specified equity portfolio. The three years lock-in period allows the fund leaders to make equities decisions without worrying about common fund repayments. In the long run, this may result in higher rates of return. ELSS funds have previously delivered average rates of return of around 12 % to 15 % over five years. However, DSP Mutual Funds ELSS do not guarantee returns, and fund effectiveness may differ from one duration to the next. An investment company may consider putting a few small-cap/mid-cap funds into the overall investment to enhance gains.

    Who Should Invest in DSP ELSS Mutual Fund?

    DSP Mutual Funds ELSS are ideal for those with a high-risk tolerance. Compared to other income options, these investments have a relatively short lock-in period of three years. It makes them suitable for long-term wealth creation in a revenue way. Investors can use DSP Mutual Fund ELSS to accomplish long-term objectives such as children’s education, retirement income, and home ownership. To fully understand the potential of these investments, you must remain invested across the lock-in time frame. This may also imply putting surpluses in these funds that you won’t want in the coming years.

    Things To Consider Before Investing in DSP ELSS Mutual Fund 

    When investing in DSP Mutual Funds ELSS return, you should keep five things in mind. These are the expenditure percentage, exit load, capital allocation, risk sharing, fun achievement (over the last five years), and credit rating of the equities. All of these factors contribute significantly to DSP Mutual Fund ELSS returns. Furthermore, you must understand the risk variables and prices before beginning to invest with good financial management.

    Tax on DSP ELSS Mutual Fund 

    Investing in DSP ELSS Mutual Fund entitles you to a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. In this case, the sum you buy shares is subtracted from your revenue. It lowers your total tax bill.

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    Frequently Asked Questions (FAQs)

    How is DSP Mutual Fund ELSS doing?

    DSP ELSS Mutual Fund is doing fairly well with profitable returns to its shareholders.

    Is DSP Mutual Fund ELSS Safe?

    DSP ELSS Mutual Fund is safe. The fund has a common portfolio of investments, which assists in risk tolerance. However, the fund returns fluctuate as per market volatility.

    Is it good to invest in equity funds?

    Yes, DSP ELSS Mutual Fund is a relatively secure investment choice and can also offer a balanced income stream.