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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
₹4,750 Cr
up ₹173 Cr vs Jul 2018
- Stocks held
- 69
- down 3 vs Jul 2018
- Top 10 weight
- 37.4%
- of the portfolio in its ten largest
- Cash & debt
- 4.0%
- cash, money market and debt
- Moves this month
- 3 in · 6 out
- added to 10, trimmed 29
DSP ELSS Tax Saver Fund is an active equity fund in the ELSS (tax saving) category from DSP Mutual Fund. In August 2018 it disclosed 69 stocks worth ₹4,750 Cr, up ₹173 Cr from Jul 2018. Its largest positions were ICICI Bank Limited (7.7%), HDFC Bank Limited (5.8%), State Bank of India (4.8%); the ten largest together made up 37.4% of the portfolio, and Banks was the biggest sector at 24.7% of its equity. Cash and debt stood at 4.0%. Compared with Jul 2018 the fund entered 3 new stocks and exited 6.
Against 46 other ELSS (tax saving) funds
Concentration
33%
Top-10 weight is higher than 33% 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 August 2018
Download CSVEvery line the fund disclosed, with the change against Jul 2018. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 7.66% | up 0.25 pts | ₹364 Cr | up ₹24.8 Cr | Added |
| HDFC Bank Limited | 5.79% | down 0.34 pts | ₹275 Cr | down ₹5.5 Cr | Trimmed |
| State Bank of India | 4.85% | up 1.02 pts | ₹230 Cr | up ₹55 Cr | Added |
| Cash, TREPS & receivables | 4.03% | up 1.38 pts | ₹191 Cr | up ₹70 Cr | Added |
| Infosys Limited | 3.33% | up 0.45 pts | ₹158 Cr | up ₹26.5 Cr | Added |
| Larsen & Toubro Limited | 3.22% | up 0.64 pts | ₹153 Cr | up ₹35 Cr | Added |
| HCL Technologies Limited | 3.08% | up 0.76 pts | ₹146 Cr | up ₹40 Cr | Added |
| Yes Bank Limited | 2.66% | up 0.19 pts | ₹126 Cr | up ₹13.2 Cr | Added |
| Tata Steel Limited | 2.33% | down 0.70 pts | ₹111 Cr | down ₹28.1 Cr | Trimmed |
| ITC Limited | 2.28% | up 0.27 pts | ₹109 Cr | up ₹16.5 Cr | Added |
| Reliance Industries Limited | 2.22% | down 0.75 pts | ₹105 Cr | down ₹30.5 Cr | Trimmed |
| Maruti Suzuki India Limited | 2.07% | down 0.34 pts | ₹98.1 Cr | down ₹11.9 Cr | Trimmed |
| Tech Mahindra Limited | 1.98% | up 0.52 pts | ₹93.9 Cr | up ₹27.1 Cr | Added |
| Bajaj Finance Limited | 1.87% | down 0.06 pts | ₹89 Cr | up ₹53 L | Added |
| Housing Development Finance Corporation Limited | 1.77% | up 0.04 pts | ₹84 Cr | up ₹4.8 Cr | Added |
| Bharat Financial Inclusion Limited | 1.73% | down 0.49 pts | ₹82.4 Cr | down ₹19.6 Cr | Trimmed |
| Shree Cement Limited | 1.70% | up 0.23 pts | ₹80.8 Cr | up ₹13.6 Cr | Added |
| Hindustan Petroleum Corporation Limited | 1.63% | up 0.04 pts | ₹77.5 Cr | up ₹4.6 Cr | Added |
| IPCA Laboratories Limited | 1.58% | down 0.03 pts | ₹75.3 Cr | up ₹1.2 Cr | Added |
| Kotak Mahindra Bank Limited | 1.56% | down 0.08 pts | ₹74.3 Cr | down ₹1.1 Cr | Trimmed |
| Mahindra & Mahindra Limited | 1.51% | down 0.12 pts | ₹71.9 Cr | down ₹2.9 Cr | Trimmed |
| Grasim Industries Limited | 1.50% | up 1.50 pts | ₹71.3 Cr | up ₹71.3 Cr | New |
| Vedanta Limited | 1.47% | up 0.38 pts | ₹70 Cr | up ₹20 Cr | Added |
| Mahindra & Mahindra Financial Services Limited | 1.27% | down 0.26 pts | ₹60.3 Cr | down ₹9.9 Cr | Trimmed |
| Bharat Petroleum Corporation Limited | 1.26% | down 0.51 pts | ₹59.7 Cr | down ₹21.1 Cr | Trimmed |
| Samvardhana Motherson International Limited | 1.24% | down 0.44 pts | ₹59 Cr | down ₹18.1 Cr | Trimmed |
| Dr. Reddy's Laboratories Limited | 1.20% | up 0.17 pts | ₹57 Cr | up ₹9.7 Cr | Added |
| Bajaj Finserv Limited | 1.19% | down 0.09 pts | ₹56.6 Cr | down ₹1.9 Cr | Trimmed |
| Welspun India Limited | 1.19% | up 0.26 pts | ₹56.5 Cr | up ₹13.8 Cr | Added |
| Apollo Tyres Limited | 1.18% | down 0.55 pts | ₹55.9 Cr | down ₹23.1 Cr | Trimmed |
| Havells India Limited | 1.17% | down 0.04 pts | ₹55.5 Cr | up ₹38 L | Added |
| RBL Bank Limited | 1.16% | up 0.15 pts | ₹55.2 Cr | up ₹9.1 Cr | Added |
| CESC Limited | 1.16% | up 0.20 pts | ₹55.1 Cr | up ₹11.1 Cr | Added |
| Edelweiss Financial Services Limited | 1.07% | down 0.47 pts | ₹50.7 Cr | down ₹19.5 Cr | Trimmed |
| Dabur India Limited | 1.05% | up 0.09 pts | ₹50 Cr | up ₹6 Cr | Added |
| GAIL (India) Limited | 1.04% | down 0.30 pts | ₹49.6 Cr | down ₹11.7 Cr | Trimmed |
| UltraTech Cement Limited | 1.04% | up 0.03 pts | ₹49.6 Cr | up ₹3.1 Cr | Added |
| Sunteck Realty Limited | 1.02% | up 1.02 pts | ₹48.3 Cr | up ₹48.3 Cr | New |
| ICICI Prudential Life Insurance Company Limited | 0.99% | down 0.16 pts | ₹46.9 Cr | down ₹5.4 Cr | Trimmed |
| Strides Pharma Science Limited | 0.97% | up 0.24 pts | ₹46 Cr | up ₹12.6 Cr | Added |
| DILIP BUILDCON LTD Dilip Buildcon Limited · history in this fund | 0.94% | down 0.05 pts | ₹44.5 Cr | down ₹73 L | Trimmed |
| Gujarat State Petronet Limited | 0.93% | down 0.06 pts | ₹44.4 Cr | down ₹1.3 Cr | Trimmed |
| SBI Life Insurance Company Limited | 0.93% | up 0.09 pts | ₹44.1 Cr | up ₹5.8 Cr | Added |
| Bharat Electronics Limited | 0.92% | down 0.13 pts | ₹43.7 Cr | down ₹4.2 Cr | Trimmed |
| Dalmia Bharat Limited | 0.92% | up 0.06 pts | ₹43.5 Cr | up ₹4.5 Cr | Added |
| JB Chemicals & Pharmaceuticals Limited | 0.90% | up 0.21 pts | ₹42.9 Cr | up ₹11.2 Cr | Added |
| Atul Limited | 0.89% | up <0.01 pts | ₹42.2 Cr | up ₹1.6 Cr | Added |
| Asian Paints Limited | 0.89% | down 0.09 pts | ₹42.2 Cr | down ₹2.4 Cr | Trimmed |
| V-Guard Industries Limited | 0.83% | up 0.11 pts | ₹39.6 Cr | up ₹6.3 Cr | Added |
| Voltas Limited | 0.77% | up 0.03 pts | ₹36.8 Cr | up ₹2.8 Cr | Added |
What changed, Jul 2018 to Aug 2018
New New positions (3)
- Grasim Industries Limited1.5% · ₹71.3 Cr
- Sunteck Realty Limited1.0% · ₹48.3 Cr
- Equitas Holdings Limited0.5% · ₹25.6 Cr
Exited Exited (6)
- Axis Bank Limitedwas 1.0% · ₹45.5 Cr
- Jubilant Foodworks Limitedwas 0.7% · ₹31.9 Cr
- Divi's Laboratories Limitedwas 0.7% · ₹29.8 Cr
- Nestle India Limitedwas 0.6% · ₹28.8 Cr
- Zydus Lifesciences Limitedwas 0.5% · ₹21 Cr
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 Jul 2018, the weight rose most in IT - Software (+1.9 pts) and Cement & Cement Products (+1.9 pts), and fell most in Finance (−1.3 pts) and Petroleum Products (−1.2 pts).
- IT - Software6.8% → 8.7%+1.9 pts
- Cement & Cement Products2.5% → 4.4%+1.9 pts
- Realty0.0% → 1.1%new+1.1 pts
- Construction4.9% → 5.6%+0.7 pts
- Banks24.1% → 24.7%+0.6 pts
- Consumer Durables4.0% → 4.5%+0.5 pts
- Finance13.1% → 11.8%−1.3 pts
- Petroleum Products6.5% → 5.3%−1.2 pts
- Auto Components4.3% → 3.2%−1.1 pts
- Leisure Services0.7% → 0.0%exited−0.7 pts
- Pharmaceuticals & Biotechnology4.6% → 4.0%−0.7 pts
- Ferrous Metals3.5% → 2.9%−0.7 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 | Aug 2015 | Aug 2017 | Feb 2018 | May 2018 | Jul 2018 | Aug 2018 |
|---|---|---|---|---|---|---|
| Banks | 23.9% | 26.5% | 21.0% | 23.1% | 24.1% | 24.7% |
| Finance | 3.2% | 9.6% | 9.9% | 11.5% | 13.1% | 11.8% |
| IT - Software | 12.2% | 2.8% | 4.0% | 5.6% | 6.8% | 8.7% |
| Construction | 5.0% | 4.3% | 6.0% | 5.2% | 4.9% | 5.6% |
| Petroleum Products | 10.2% | 7.3% | 7.0% | 6.1% | 6.5% | 5.3% |
| Consumer Durables | 1.5% | 5.2% | 4.6% | 4.5% | 4.0% | 4.5% |
| Cement & Cement Products | 2.6% | 1.9% | 3.1% | 2.7% | 2.5% | 4.4% |
| Pharmaceuticals & Biotechnology | 7.6% | 1.7% | 2.7% | 5.2% | 4.6% | 4.0% |
| Automobiles | 5.1% | 6.4% | 4.3% | 4.6% | 4.2% | 3.7% |
| Auto Components | 1.3% | 2.9% | 4.3% | 4.3% | 4.3% | 3.2% |
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, Aug 2018
4.0%
▲ 1.4 pts vs Jul 2018
- Cash alone
- 4.0%
- cash and net receivables
- A year earlier
- 4.0%
- Aug 2017
- Last 12 months
- 1.8% – 4.9%
- lowest to highest · record 6.3% in Mar 2017
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 |