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
₹10.43
0.06%
NAV as on 21 Jul 26, 12:00 AM
very high risk
banking and psu
debt
NAV as on 21 Jul 26, 12:00 AM
very high risk
banking and psu
debt
4.24%p.a.
Last 1Y
6.86%p.a.
Last 3Y
5.87%p.a.
Last 5Y
7.49%p.a.
Since Inception
About DSP Banking & PSU Debt Fund -IDCW Quarterly for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Banking & PSU Debt Fund -IDCW Quarterly scheme from DSP Investment Managers Private Limited. It is a Banking and PSU mutual fund scheme that predominantly invests in Banking and PSU stocks of companies. Launched on Sep 2013, DSP Banking & PSU Debt Fund -IDCW Quarterly is Banking and PSU fund of its category with 3,304.23 Cr fund under management as on Jul 2026. The expense ratio of this fund is less than that of most other Fund category Banking and PSU funds.
- DSP Banking & PSU Debt Fund -IDCW Quarterly delivered 4.2% annual returns during the last year. It has delivered 7.5% average annual returns since the fund was launched.
- DSP Banking & PSU Debt Fund -IDCW Quarterly scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The Scheme seeks 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.
Top 10 Holdings
Reverse Repo
4.74%
Net Receivables
0.14%
Power Grid Corporation of India Ltd Debenture 7.30 19/06/2027
2.28%
GOI CGL 8.30 31/12/2042
3.43%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SERIES 129 8.45 LOA 04DC28 FVRS10LAC
1.65%
POWER FINANCE CORPORATION LTD. SR 208 6.50 BD 17SP25 FVRS10LAC
0.54%
CENTRAL GOVERNMENT LOAN 23277 GOI 22SP33 FLT FV RS 100
3.57%
RURAL ELECTRIFICATION CORPORATION LIMITED SR 213 6.92 BD 20MR32 FVRS10LAC
0.76%
POWER FINANCE CORPORATION LTD. SR BS214 6.92 BD 14AP32 FVRS10LAC
2.32%
POWER FINANCE CORPORATION LTD. SR BS221B 7.59 BD 17JN28 FVRS10LAC
1.58%
Fund Managers
- Sandeep Yadav (Aug 2024 - Present)
- Shantanu Godambe (Jun 2023 - Present)
Key Information
View Scheme Document
DSP Banking & PSU Debt Fund -IDCW Quarterly SIP Calculator
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NRI Mutual Fund Tax on DSP Banking & PSU Debt Fund -IDCW Quarterly
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 Banking & PSU Debt Fund -IDCW Quarterly?
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 Banking & PSU Debt Fund -IDCW Quarterly
- 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
Frequently Asked Questions
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