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ELSS (tax saving) · DSP Mutual Fund · AMFI code 104772DSP ELSS Tax Saver Fund
Disclosed for 164 months, Jan 2013 to Sep 2026.
Portfolio value
₹1,725 Cr
up ₹230 Cr vs Dec 2016
- Stocks held
- 68
- unchanged
- Top 10 weight
- 31.9%
- of the portfolio in its ten largest
- Cash & debt
- 4.0%
- cash, money market and debt
- Moves this month
- 4 in · 4 out
- added to 10, trimmed 11
DSP ELSS Tax Saver Fund is an active equity fund in the ELSS (tax saving) category from DSP Mutual Fund. In January 2017 it disclosed 68 stocks worth ₹1,725 Cr, up ₹230 Cr from Dec 2016. Its largest positions were State Bank of India (4.4%), ICICI Bank Limited (4.4%), HDFC Bank Limited (3.7%); the ten largest together made up 31.9% of the portfolio, and Banks was the biggest sector at 23.4% of its equity. Cash and debt stood at 4.0%. Compared with Dec 2016 the fund entered 4 new stocks and exited 4.
Against 46 other ELSS (tax saving) funds
Concentration
13%
Top-10 weight is higher than 13% of peers
Breadth
74%
Holds more stocks than 74% of peers
Cash
72%
Holds more cash than 72% of peers
What these mean: concentration · cash
Holdings in January 2017
Download CSVEvery line the fund disclosed, with the change against Dec 2016. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| State Bank of India | 4.44% | down 2.98 pts | ₹76.6 Cr | down ₹34.4 Cr | Trimmed |
| ICICI Bank Limited | 4.36% | up 1.37 pts | ₹75.2 Cr | up ₹30.4 Cr | Added |
| Cash, TREPS & receivables | 4.03% | down 0.29 pts | ₹69.6 Cr | up ₹4.9 Cr | Added |
| HDFC Bank Limited | 3.73% | down 0.31 pts | ₹64.4 Cr | up ₹4 Cr | Added |
| Tata Motors Limited | 3.01% | down 0.12 pts | ₹51.9 Cr | up ₹5.1 Cr | Added |
| Lupin Limited | 2.98% | down 0.05 pts | ₹51.4 Cr | up ₹6.1 Cr | Added |
| Yes Bank Limited | 2.91% | up 1.13 pts | ₹50.3 Cr | up ₹23.5 Cr | Added |
| Maruti Suzuki India Limited | 2.69% | up 0.03 pts | ₹46.4 Cr | up ₹6.6 Cr | Added |
| Larsen & Toubro Limited | 2.65% | down 0.44 pts | ₹45.7 Cr | down ₹43 L | Trimmed |
| Vedanta Limited | 2.58% | up 0.04 pts | ₹44.5 Cr | up ₹6.5 Cr | Added |
| IndusInd Bank Limited | 2.57% | up 1.08 pts | ₹44.4 Cr | up ₹22.1 Cr | Added |
| Indian Oil Corporation Limited | 2.48% | up 1.35 pts | ₹42.8 Cr | up ₹25.9 Cr | Added |
| Hindalco Industries Limited | 2.48% | down 0.38 pts | ₹42.7 Cr | down ₹2 L | Held |
| ITC Limited | 2.44% | up 1.33 pts | ₹42.1 Cr | up ₹25.6 Cr | Added |
| Tech Mahindra Limited | 2.43% | down 0.39 pts | ₹41.9 Cr | down ₹17 L | Held |
| Hindustan Petroleum Corporation Limited | 2.33% | up 0.33 pts | ₹40.2 Cr | up ₹10.3 Cr | Added |
| Bank of Baroda | 2.28% | up 0.74 pts | ₹39.3 Cr | up ₹16.2 Cr | Added |
| Tata Steel Limited | 2.25% | up 0.54 pts | ₹38.7 Cr | up ₹13.2 Cr | Added |
| HCL Technologies Limited | 2.01% | up 0.14 pts | ₹34.7 Cr | up ₹6.8 Cr | Added |
| Bharat Petroleum Corporation Limited | 1.96% | up 0.06 pts | ₹33.8 Cr | up ₹5.5 Cr | Added |
| Sun Pharmaceutical Industries Limited | 1.79% | down 0.12 pts | ₹30.8 Cr | up ₹2.3 Cr | Added |
| IPCA Laboratories Limited | 1.71% | down 0.26 pts | ₹29.4 Cr | up ₹10 L | Held |
| Power Grid Corporation of India Limited | 1.70% | down 0.04 pts | ₹29.3 Cr | up ₹3.4 Cr | Added |
| Finolex Cables Limited | 1.65% | down 0.14 pts | ₹28.5 Cr | up ₹1.7 Cr | Added |
| Eicher Motors Limited | 1.35% | down 0.13 pts | ₹23.3 Cr | up ₹1.2 Cr | Added |
| Grasim Industries Limited | 1.30% | up 0.40 pts | ₹22.4 Cr | up ₹8.9 Cr | Added |
| Punjab National Bank | 1.30% | up 0.22 pts | ₹22.4 Cr | up ₹6.3 Cr | Added |
| V-Guard Industries Limited | 1.21% | up 0.11 pts | ₹21 Cr | up ₹4.4 Cr | Added |
| UltraTech Cement Limited | 1.20% | down 0.02 pts | ₹20.7 Cr | up ₹2.5 Cr | Added |
| Techno Electric & Engineering Company Limited | 1.19% | up 0.02 pts | ₹20.5 Cr | up ₹3.1 Cr | Added |
| GAIL (India) Limited | 1.12% | up 1.12 pts | ₹19.4 Cr | up ₹19.4 Cr | New |
| REC Limited | 1.06% | up 1.06 pts | ₹18.3 Cr | up ₹18.3 Cr | New |
| Tata Consultancy Services Limited | 1.05% | down 0.24 pts | ₹18.1 Cr | down ₹1.1 Cr | Trimmed |
| Reliance Industries Limited | 1.04% | down 0.20 pts | ₹17.9 Cr | down ₹64 L | Trimmed |
| Infosys Limited | 1.02% | down 3.03 pts | ₹17.7 Cr | down ₹42.9 Cr | Trimmed |
| TATA MOTORS LTD. | 1.02% | down 0.04 pts | ₹17.5 Cr | up ₹1.8 Cr | Added |
| VARDHMAN TEXTILES LTD. Vardhman Textiles Limited · history in this fund | 1.01% | down 0.02 pts | ₹17.5 Cr | up ₹2.1 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 1.01% | up 1.01 pts | ₹17.4 Cr | up ₹17.4 Cr | New |
| Shree Cement Limited | 1.00% | down 0.10 pts | ₹17.2 Cr | up ₹81 L | Added |
| Ahluwalia Contracts (India) Limited | 0.99% | down 0.09 pts | ₹17.1 Cr | up ₹92 L | Added |
| Gujarat State Petronet Limited | 0.95% | down 0.06 pts | ₹16.4 Cr | up ₹1.3 Cr | Added |
| Somany Ceramics Limited | 0.94% | up 0.05 pts | ₹16.2 Cr | up ₹2.9 Cr | Added |
| Endurance Technologies Limited | 0.92% | down 0.08 pts | ₹15.9 Cr | up ₹98 L | Added |
| Exide Industries Limited | 0.86% | down 0.05 pts | ₹14.9 Cr | up ₹1.3 Cr | Added |
| Torrent Pharmaceuticals Limited | 0.84% | down 0.14 pts | ₹14.5 Cr | down ₹19 L | Trimmed |
| Jyothy Labs Limited | 0.84% | down 0.10 pts | ₹14.5 Cr | up ₹41 L | Added |
| Atul Limited | 0.83% | down 0.05 pts | ₹14.3 Cr | up ₹1.2 Cr | Added |
| The Federal Bank Limited | 0.81% | down 0.01 pts | ₹13.9 Cr | up ₹1.7 Cr | Added |
| Solar Industries India Limited | 0.80% | down 0.13 pts | ₹13.8 Cr | down ₹8 L | Trimmed |
| SRF Limited | 0.79% | down 0.03 pts | ₹13.6 Cr | up ₹1.3 Cr | Added |
What changed, Dec 2016 to Jan 2017
New New positions (4)
- GAIL (India) Limited1.1% · ₹19.4 Cr
- REC Limited1.1% · ₹18.3 Cr
- Cholamandalam Investment and Finance Company Limited1.0% · ₹17.4 Cr
- Britannia Industries Limited0.5% · ₹8.3 Cr
Exited Exited (4)
- Housing Development Finance Corporation Limitedwas 1.4% · ₹20.2 Cr
- Gujarat Gas Limitedwas 0.4% · ₹5.7 Cr
- Bajaj Finance Limitedwas 0.3% · ₹4.3 Cr
- Cairn India Ltd
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Dec 2016, the weight rose most in Petroleum Products (+1.6 pts) and Diversified FMCG (+1.3 pts), and fell most in IT - Software (−3.7 pts) and Pharmaceuticals & Biotechnology (−0.6 pts).
- Petroleum Products7.0% → 8.5%+1.6 pts
- Diversified FMCG1.8% → 3.1%+1.3 pts
- Banks22.1% → 23.4%+1.2 pts
- Gas1.5% → 2.2%+0.7 pts
- Ferrous Metals1.8% → 2.3%+0.6 pts
- Food Products0.0% → 0.5%new+0.5 pts
- IT - Software10.5% → 6.8%−3.7 pts
- Pharmaceuticals & Biotechnology8.2% → 7.6%−0.6 pts
- Construction5.0% → 4.4%−0.6 pts
- Non - Ferrous Metals3.0% → 2.6%−0.4 pts
- Industrial Products3.1% → 2.8%−0.3 pts
- Chemicals & Petrochemicals3.4% → 3.1%−0.3 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Jan 2014 | Jan 2016 | Jul 2016 | Oct 2016 | Dec 2016 | Jan 2017 |
|---|---|---|---|---|---|---|
| Banks | 14.9% | 19.6% | 25.4% | 24.2% | 22.1% | 23.4% |
| Petroleum Products | 5.0% | 12.9% | 10.8% | 5.3% | 7.0% | 8.5% |
| Pharmaceuticals & Biotechnology | 9.4% | 9.6% | 10.5% | 9.9% | 8.2% | 7.6% |
| Automobiles | 5.0% | 11.2% | 6.2% | 8.1% | 7.6% | 7.3% |
| IT - Software | 15.0% | 9.3% | 5.0% | 6.0% | 10.5% | 6.8% |
| Construction | 1.1% | 1.4% | 3.9% | 4.1% | 5.0% | 4.4% |
| Cement & Cement Products | 0.4% | 3.5% | 5.4% | 5.0% | 3.4% | 3.6% |
| Consumer Durables | 2.6% | 2.6% | 6.4% | 4.9% | 3.2% | 3.5% |
| Finance | 3.2% | 4.3% | 5.8% | 7.5% | 3.0% | 3.3% |
| Diversified FMCG | 3.3% | — | 1.0% | 1.1% | 1.8% | 3.1% |
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Jan 2017
4.0%
▼ 0.3 pts vs Dec 2016
- Cash alone
- 4.1%
- cash and net receivables
- A year earlier
- 1.4%
- Jan 2016 · now ▲ 2.6 pts
- Last 12 months
- 1.7% – 4.7%
- lowest to highest · record 4.7% in Nov 2016
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.
The last 24 months
| Month | Portfolio value | Stocks | Entered | Exited | Cash | Cash & debt | Turnover |
|---|---|---|---|---|---|---|---|
| Sep 2026 | ₹15,569 Cr | 58 |