DSP ELSS Tax Saver Fund
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.
Growthvine rating: 5/5 — ranked #1 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹130.23 (as of 2026-10-01) |
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| AUM | ₹16,738 Cr |
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| Expense ratio | 1.44% |
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| Riskometer | Very High |
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| Fund manager | Rohit Singhania |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 9.86% |
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| Sharpe ratio | 0.55 |
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| Standard deviation | 15.50% |
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| Max drawdown | −65.09% |
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| Alpha | 1.7 |
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| Beta | 0.99 |
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Over 5 years, captured 98.2% of Nifty 500's upside and 92.1% of its downside.
Market cap allocation
| Large cap | 77.0% |
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| Mid cap | 15.4% |
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| Small cap | 7.5% |
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Concentration
| Top 5 holdings | 35.7% |
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| Top 10 holdings | 48.7% |
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| Total holdings | 58 |
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| Index overlap | 42.1% |
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| Active share | 57.9% |
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Top holdings
- ICICI Bank Ltd. — 10.0%
- HDFC Bank Ltd. — 8.4%
- AXIS Bank Ltd. — 7.9%
- State Bank Of India — 5.8%
- Kotak Mahindra Bank Ltd. — 3.7%
- Bharti Airtel Ltd. — 3.3%
- Reliance Industries Ltd — 2.8%
- Mahindra & Mahindra Ltd. — 2.5%
- Infosys Ltd — 2.4%
- Max Financial Services Limited — 2.0%
Top sectors
- Banking & Financial — 36.7%
- Automobile — 7.5%
- Pharma & Biotech — 6.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −10.3% | Q4 (Bottom) | #42 of 52 |
| 2025 | 7.5% | Q1 (Top) | #11 of 51 |
| 2024 | 23.9% | Q1 (Top) | #10 of 51 |
| 2023 | 30.0% | Q2 | #22 of 48 |
| 2022 | 4.5% | Q2 | #17 of 43 |