DSP ELSS Tax Saver Fund Regular Plan Growth

• Alpha 3.30%
• Beta 1.00
• Sharpe Ratio0.86
• Std Deviation 14.47%
• Tracking Error 3.25%

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.

The DSP ELSS Tax Saver Fund Regular Plan Growth has an AUM of 16217.91 crores & has delivered CAGR of 27.75% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.65%. The minimum investment in DSP ELSS Tax Saver Fund Regular Plan Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Hdfc Bank, Icici Bank, Treps / Reverse Repo Investments & Axis Bank.

The major sectors where the fund is invested are Regional Banks, Biotechnology & Drugs, Software & Programming & Construction Services.

Some of the similar funds are SBI Long Term Equity Fund Regular Growth, DSP ELSS Tax Saver Fund Regular Plan Growth, Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth, Aditya Birla Sun Life ELSS Tax Saver (ELSS U/S 80C of IT ACT) Growth (LSP), HDFC ELSS TaxSaver Growth. DSP ELSS Tax Saver Fund Regular Plan Growth has a sharpe ratio of 0.86 & a standard deviation of 14.47%.