NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹13.82
0.09%
NAV as on 30 Apr 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 30 Apr 24, 12:00 AM
low risk
arbitrage fund
equity
7.51%p.a.
Last 1Y
5.40%p.a.
Last 3Y
5.09%p.a.
Last 5Y
5.26%p.a.
Since Inception
About DSP Arbitrage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Arbitrage Fund Growth scheme from DSP Asset Managers Private Limited. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Jan 2018, DSP Arbitrage Fund Growth is Arbitrage Fund fund of its category with 3,810.45 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
- DSP Arbitrage Fund Growth delivered 7.5% annual returns during the last year. It has delivered 5.3% average annual returns since the fund was launched.
- DSP Arbitrage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the Scheme is to generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market. Investments may also be made in debt & money market instruments.
Top 10 Holdings
DSP Savings Dir Gr
13.18%
Future on HDFC Bank Ltd
7.65%
HDFC Bank Ltd
7.58%
Future on Reliance Industries Ltd
2.82%
Reliance Industries Ltd
2.80%
Future on Adani Enterprises Ltd
2.69%
Adani Enterprises Ltd
2.67%
Indus Towers Limited Apr24**
2.62%
Indus Towers Ltd Ordinary Shares
2.60%
Future on Bank of Baroda
2.25%
Fund Managers
- Kedar Karnik (Jun 2020 - Present)
- Abhishek Singh (Apr 2022 - Present)
Key Information
View Scheme Document
DSP Arbitrage Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on DSP Arbitrage Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in DSP Arbitrage Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in DSP Arbitrage Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
Kotak Equity Arbitrage Fund Growth
low risk | equity
5.8%
SBI Arbitrage Opportunities Fund Growth
low risk | equity
5.8%
ICICI Prudential Equity Arbitrage Fund Growth
low risk | equity
5.5%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved