📊 ELSS Fund · Deep Analysis

DSP ELSS Tax Saver Fund

DSP Mutual Fund · Direct Growth · SEBI Category: ELSS

Current NAV ₹149.5770 (+0.32% today) As of 04 Jun 2026
1 Year Return -2.5%
3 Year CAGR +16.7% p.a.
5 Year CAGR +14.3% p.a.
AAUM ₹16.0K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,568 daily NAV records
Fund Overview

DSP ELSS Tax Saver Fund — Quick Summary

DSP ELSS Tax Saver Fund is managed by DSP Mutual Fund — one of India's established mid-sized fund houses with a strong research heritage. The fund offers Section 80C tax benefits with a 3-year lock-in while investing in a well-diversified equity portfolio. DSP MF's investment philosophy balances growth and value characteristics — making the portfolio relatively style-agnostic compared to pure growth or pure value peers.

Rohit Singhania's long tenure managing this specific fund means investors can assess a consistent 10+ year track record under the same investment philosophy — a rare quality in the ELSS category where fund manager changes are not uncommon. The blend style means the fund participates in both growth rallies and value recoveries without being rigidly committed to either approach.

Fund House
DSP Mutual Fund
SEBI Category
ELSS
Benchmark
Nifty 500 TRI
Fund Manager
Rohit Singhania
AMFI Code
119242
Risk Level
Very High
NAV Records in DB
2,568 days
Quarterly Average AUM · Jan–Mar 2026
₹16.0K Cr
↓ Decreased by 2.4% vs Oct–Dec 2025 · ₹16.4K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
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✓ Suitable For
Investors wanting a balanced, blend-style ELSS for consistent long-term 80C savings. Those who prefer fund manager continuity over style-specific exposure. Long-term investors with 5+ year horizon comfortable with a moderate approach to equity investing.
Long fund manager tenure — over 10 years of consistent investing philosophy. Blend style participates in both growth and value market cycles. Well-diversified portfolio suitable for 80C savings. DSP MF's strong research heritage supports quality stock selection.
✗ Not Suitable For
Investors who cannot commit to a 3-year lock-in. Those seeking maximum aggressive growth — DSP ELSS's blend approach may lag pure growth funds in strong bull markets. Conservative investors who cannot handle equity market drawdowns.
Who Runs This Fund

Fund Manager

RS
Rohit Singhania
DSP Mutual Fund · Managing since January 2013

Rohit Singhania is Fund Manager and Co-Head of Equities at DSP Mutual Fund. He has been managing DSP ELSS Tax Saver Fund since 2013 — one of the longer continuous tenures on a single ELSS scheme. He applies a disciplined, research-driven approach to equity investing with a focus on quality businesses at reasonable valuations across market caps.

For current co-manager details and full biography, refer to the latest DSP Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 119242
The official AMFI scheme code for DSP ELSS Tax Saver Fund Direct Growth is 119242. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
DSP Mutual Fund is a mid-sized fund house — it does not have the distribution scale of SBI or HDFC MF. This means SIP enrollment and service may not be as seamless across all platforms as larger AMCs. Always ensure your chosen investment platform supports DSP ELSS SIP before starting.
Investment Objective
As per Scheme Information Document
To generate medium to long term capital appreciation from a diversified portfolio of equity and equity related instruments and enable investors to avail deduction from total income as permitted under the Income Tax Act 1961.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 ELSS Tax Saver Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
Axis ELSS Tax Saver Fund ₹103.64 ₹31.8K Cr Jan–Mar 2026 -3.3% +10.8% p.a. +7.9% p.a. 0.41
SBI ELSS Tax Saver Fund ₹458.76 ₹28.6K Cr Jan–Mar 2026 -1.6% +19.3% p.a. +17.2% p.a. 1.06
Mirae Asset ELSS Tax Saver Fund ₹55.04 ₹25.5K Cr Jan–Mar 2026 +2.3% +15.2% p.a. +13.2% p.a. 0.73
DSP ELSS Tax Saver Fund ▲ ₹149.58 ₹16.0K Cr Jan–Mar 2026 -2.5% +16.7% p.a. +14.3% p.a. 0.85
HDFC ELSS Tax Saver ₹1,422.13 ₹15.1K Cr Jan–Mar 2026 -4.7% +16.2% p.a. +16.7% p.a. 0.90
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,568 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-1.5%
3 MonthPoint-to-point
-5.1%
6 MonthPoint-to-point
-6.8%
1 YearPoint-to-point
-2.5%
3 YearCAGR
+16.7% p.a.
5 YearCAGR
+14.3% p.a.
10 YearCAGR
+16.0% p.a.
₹1 Lakh → 5YLump sum growth
₹192,071

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+95.4%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-27.6%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+36.4% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-4.5% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+8.5%
2024
+25.0%
2023
+31.2%
2022
+5.5%
2021
+36.4%
2020
+16.1%
2019
+16.0%
2018
-6.8%
2017
+38.1%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
19.5%
Positive in 86% of windows
Best: 95.4% · Worst: -27.6%
3Y Rolling Avg
18.1% p.a.
Positive in 99% of windows
Best: 36.4% · Worst: -4.5%
5Y Rolling Avg
19.4% p.a.
Positive in 100% of windows
Best: 33.7% · Worst: 11.5%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-37.2%
Jan 2020 → Mar 2020
Recovered: Nov 2020 (11 mos)
Current from Peak
-8.7%
All-time Peak: ₹163.63
Peak date: Jan 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-16.2%
Sep 27, 2024 – Apr 7, 2025
Recovered: Nov 2025 (1yr)
COVID-19 Crash
-36.7%
Feb 19 – Mar 23, 2020
Recovered: Nov 2020 (11 mos)
2022 Rate Hike Cycle
-16.5%
Jan 17 – Jun 17, 2022
Recovered: Sep 2022 (4 mos)
2018 IL&FS Crisis
-15.9%
Aug 28 – Oct 26, 2018
Recovered: Mar 2019 (7 mos)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.85
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
1.18
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
13.8%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
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Want to see what DSP ELSS Tax Saver Fund is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all ELSS Funds

See how DSP ELSS Tax Saver Fund ranks against other ELSS funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.