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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Charanjit Singh
Mr. Singh is a B. Tech - Electronics and Communication, MBA - Finance & Systems
Prior to joining DSP Mutual Fund, he has worked with Capital Goods, Power & Infra at B&K Securities India, Capital Goods and Infra at Axis Capital Ltd., BNP Paribas India Securities, Thomas Weisel Partners, HSBC, IDC Corp. and Frost & Sullivan.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of DSP ELSS Tax Saver Fund is ₹139.79 as of 2026-08-28.
DSP ELSS Tax Saver Fund is classified as a ELSS fund.
The Assets Under Management (AUM) of DSP ELSS Tax Saver Fund is ₹16,737.92 Cr.
The expense ratio of DSP ELSS Tax Saver Fund is 1.82%.
DSP ELSS Tax Saver Fund is managed by Charanjit Singh.
The minimum SIP investment for DSP ELSS Tax Saver Fund is ₹500.
As per the SEBI Riskometer, DSP ELSS Tax Saver Fund carries a Very High risk level.
DSP ELSS Tax Saver Fund has delivered 3.5% (1Y), 13.94% (3Y) and 12.33% (5Y) annualised returns as of 2026-08-28.
DSP ELSS Tax Saver Fund was launched on 1996-12-16.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
