Previously Known As : Dsp Tax Saver Fund
Dsp Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 4
Rating
Growth Option 08-04-2025
NAV ₹126.22(R) +1.79% ₹139.8(D) +1.79%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 8.47% 15.27% 27.15% 15.42% 14.36%
Direct 9.46% 16.35% 28.35% 16.52% 15.43%
Nifty 500 TRI -0.67% 11.21% 24.62% 13.31% 12.27%
SIP (XIRR) Regular -6.36% 16.69% 18.9% 18.22% 16.47%
Direct -5.48% 17.8% 20.06% 19.35% 17.57%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.69 0.38 0.67 4.13% 0.11
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.61% -16.97% -15.91% 0.96 10.06%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Sbi Long Term Equity Fund 2
Parag Parikh ELSS Tax Saver Fund 3
DSP ELSS Tax Saver Fund 4
Quantum ELSS Tax Saver Fund 5
Taurus ELSS tax saver fund 6
Franklin India ELSS Tax Saver Fund 7
Motilal Oswal ELSS Tax Saver Fund 8

NAV Date: 08-04-2025

Scheme Name NAV Rupee Change Percent Change
DSP ELSS Tax Saver Fund - Regular Plan - IDCW 22.72
0.4000
1.7900%
DSP ELSS Tax Saver Fund - Direct Plan - IDCW 85.53
1.5000
1.7900%
DSP ELSS Tax Saver Fund - Regular Plan - Growth 126.22
2.2200
1.7900%
DSP ELSS Tax Saver Fund - Direct Plan - Growth 139.8
2.4600
1.7900%

Review Date: 08-04-2025

Beginning of Analysis

In the ELSS (Tax Saving) Fund category, DSP ELSS Tax Saver Fund is the 4th ranked fund. The category has total 35 funds. The DSP ELSS Tax Saver Fund has shown an excellent past performence in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of 4.13% which is higher than the category average of 0.91%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.69 which is higher than the category average of 0.47.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

DSP ELSS Tax Saver Fund Return Analysis

  • The fund has given a return of 1.56%, -5.52 and -9.56 in last one, three and six months respectively. In the same period the category average return was 0.97%, -9.21% and -12.54% respectively.
  • DSP ELSS Tax Saver Fund has given a return of 9.46% in last one year. In the same period the Nifty 500 TRI return was -0.67%. The fund has given 10.13% more return than the benchmark return.
  • The fund has given a return of 16.35% in last three years and rank 5th out of 35 funds in the category. In the same period the Nifty 500 TRI return was 11.21%. The fund has given 5.14% more return than the benchmark return.
  • DSP ELSS Tax Saver Fund has given a return of 28.35% in last five years and category average returns is 25.01% in same period. The fund ranked 6th out of 33 funds in the category. In the same period the Nifty 500 TRI return was 24.62%. The fund has given 3.73% more return than the benchmark return.
  • The fund has given a return of 15.43% in last ten years and ranked 3rd out of 25 funds in the category. In the same period the Nifty 500 TRI return was 12.27%. The fund has given 3.16% more return than the benchmark return.
  • The fund has given a SIP return of -5.48% in last one year whereas category average SIP return is -12.32%. The fund one year return rank in the category is 3rd in 41 funds
  • The fund has SIP return of 17.8% in last three years and ranks 4th in 35 funds. Sbi Long Term Equity Fund has given the highest SIP return (20.39%) in the category in last three years.
  • The fund has SIP return of 20.06% in last five years whereas category average SIP return is 16.34%.

DSP ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 14.61 and semi deviation of 10.06. The category average standard deviation is 14.55 and semi deviation is 10.36.
  • The fund has a Value at Risk (VaR) of -16.97 and a maximum drawdown of -15.91. The category average VaR is -18.5 and the maximum drawdown is -17.44. The fund has a beta of 0.96 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category


    • 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.


    Date Dsp Elss Tax Saver Fund NAV Regular Growth Dsp Elss Tax Saver Fund NAV Direct Growth
    08-04-2025 126.217 139.801
    07-04-2025 124.002 137.344
    04-04-2025 128.025 141.789
    03-04-2025 130.429 144.449
    02-04-2025 130.342 144.348
    01-04-2025 129.54 143.457
    28-03-2025 131.241 145.326
    27-03-2025 131.235 145.317
    26-03-2025 130.693 144.712
    25-03-2025 131.888 146.032
    24-03-2025 132.187 146.359
    21-03-2025 130.449 144.424
    20-03-2025 128.925 142.733
    19-03-2025 127.61 141.273
    18-03-2025 126.552 140.099
    17-03-2025 124.332 137.637
    13-03-2025 123.725 136.951
    12-03-2025 124.429 137.728
    11-03-2025 124.538 137.844
    10-03-2025 124.373 137.659

    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 toseek to generate medium to longterm capitalappreciation from a diversified portfolio thatis substantially constituted of equity andequity related securities of corporates, andto enable investors avail of a deduction fromtotal income, as permitted under the IncomeTax 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

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.