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
₹23.09
0.09%
NAV as on 18 Dec 24, 12:00 AM
low to moderate risk
banking & psu
debt
NAV as on 18 Dec 24, 12:00 AM
low to moderate risk
banking & psu
debt
8.71%p.a.
Last 1Y
6.15%p.a.
Last 3Y
6.45%p.a.
Last 5Y
7.69%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the DSP Banking & PSU Debt Fund Growth scheme from DSP Asset Managers Private Limited. It is a Banking & PSU mutual fund scheme that predominantly invests in Banking & PSU stocks of companies. Launched on Sep 2013, DSP Banking & PSU Debt Fund Growth is Banking & PSU fund of its category with 3,092.37 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Banking & PSU funds.
The investment objective of the Scheme is to seek to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks and public sector entities/undertakings.
7.3% Govt Stock 2053
13.07%
National Bank For Financing Infrastructure And Development
5.96%
7.34% Govt Stock 2064
4.96%
Small Industries Development Bank Of India
4.11%
Power Grid Corporation Of India Limited
3.52%
GAil (India) Limited
3.48%
Rural Electrification Corporation Limited
3.45%
National Bank for Agriculture and Rural Development
3.42%
Indian Railway Finance Corporation Limited
3.41%
State Bank Of India
3.38%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
low to moderate risk | debt
6.1%
low to moderate risk | debt
5.0%
low to moderate risk | debt
5.7%