GulaQ

DSP TAX SAVER FUND - DIRECT PLAN - GROWTH

Equity
ELSS (Tax Savings)
5
(0.11%)

Returns

N/A

1 Year Return

NAV

₹37.49

as 30th Mar 2020

Min. SIP Amount

₹500.00

Created with Highstock 6.2.0LowModerateHigh
Created with Highstock 6.2.0Historical NAV201320142015201620172018201920202014201620182020102030405060Zoom1m3m6mYTD1yAllFromDec 31, 2012ToMar 30, 2020
Investment Performance
  • This Mutual Fund

    Profit (absolute return)

    -₹1,294.28

    -25.88%

Created with Highstock 6.2.0₹5.17K₹5.17K₹5.34K₹5.34K₹5.00K₹5.00K₹5.00K₹5.00K₹-1344.28₹-1344.28₹-1294.28₹-1294.28Bank AccountFixed DepositRegular MFGULAQ MF-2k-1k01k2k3k4k5k6k

Min Lumpsum Amount

₹500.00

Expense Ratio

1.06%

Exit Load

0% if redeemed within 12 months.


Fund Details

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5

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Company Allocation

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5

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Created with Highstock 6.2.0LowModerateHigh
Investment Performance
  • This Mutual Fund

    Profit (absolute return)

    -₹1,294.28

    -25.88%

Created with Highstock 6.2.0₹5.17K₹5.17K₹5.34K₹5.34K₹5.00K₹5.00K₹5.00K₹5.00K₹-1344.28₹-1344.28₹-1294.28₹-1294.28Bank AccountFixed DepositRegular MFGULAQ MF-2k02k4k6k
Other Details

Dsp Tax Saver  

 

About DSP Tax Saver Fund: 

 

It is an equity linked saving scheme which consists of equity funds and equity related securities of corporate portfolio. The prime purpose of this fund is to generate medium to long term capital value and then enable investors to get deduction under section 80C.  

 

Pros and Cons of DSP Tax Saver Fund: 

 

  • The fund can generate greater returns so far, despite serious competition in this category of funds. 

  • As the name suggests the prime purpose of this fund is to provide tax saving features to the investor. 

  • It takes more time to mature and update in this country. 

 

Fund Information of DSP Tax Saver Fund: 

 

i) Inception: 

 The fund was launched on 18th January 2007.  

 

ii) Risk Level: 

The risk level associated with the fund is moderately high.  

 

iii) Redemption: 

This is tax saving one, so it comes with a lock-in period of 3 years under normal circumstances. The fund house will dispatch the redemption proceeds to the respective bank account within 10 business days from the date of receipt.  

 

iv) Fund Manager:  

The exit load of the fund is 0%. Hence an expense ratio of 2.08% will be applied every year.  

 

v) Tax benefit of investing in the DSP Tax Saver Fund: 

The fund provides a tax benefit under section 80C. Any individual can get tax benefit up to Rs 1.5 lakh. The short-term capital gains made on the sale of units within a year from the date of allotment will be taxed at a rate of 15%, while long term capital gains and above Rs 1 lakh will be taxable at the rate of 10%. 

 

About DSP Mutual Fund  

 

DSP Mutual Fund is one of the oldest financial services firms in India who commenced business with stock broking business in the 1860s. The firm was influential in the growth and personalization of capital and money markets in India.  

Fund Fact Sheets - DSP MUTUAL FUND