NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

DSP Bond Retail-Growth for NRI [84.35]

Min Investment

₹100

Fund Size

₹308.94 Cr

Expense Ratio

0.8%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹84.35

0.03%

NAV as on 17 Feb 26, 12:00 AM

moderately high risk

medium duration

debt

NAV as on 17 Feb 26, 12:00 AM

moderately high risk

medium duration

debt

7.20%p.a.

Last 1Y

7.49%p.a.

Last 3Y

5.96%p.a.

Last 5Y

7.68%p.a.

Since Inception

About DSP Bond Retail-Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the DSP Bond Retail-Growth scheme from DSP Investment Managers Private Limited. It is a Medium Duration mutual fund scheme that predominantly invests in Medium Duration stocks of companies. Launched on Apr 1997, DSP Bond Retail-Growth is Medium Duration fund of its category with 308.94 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.

  • DSP Bond Retail-Growth delivered 7.2% annual returns during the last year. It has delivered 7.7% average annual returns since the fund was launched.
  • DSP Bond Retail-Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The primary investment objective of the Scheme is to seek to generate an attractive return, consistent with prudent risk, from a portfolio which is substantially constituted of high quality debt securities, predominantly of issuers domiciled in India. This shall be the fundamental attribute of the Scheme. As a secondary objective, the Scheme will seek capital appreciation. The Scheme will also invest a certain portion of its corpus in money market securities, in order to meet liquidity requirements from time to time. There is no assurance that the investment objective of the Scheme will be realized.

Top 10 Holdings

Reverse Repo

0.98%

Net Receivables

0.05%

BAJAJ FINANCE LIMITED 7.60 NCD 11FB30 FVRS10LAC

8.29%

Others Class A2 AIF

0.36%

GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100

1.70%

AXIS BANK LIMITED CD 16JUL25

7.92%

7.34% REC Ltd. **

8.56%

NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25D 7.40 BD 29AP30 FVRS1LAC

8.30%

POWER FINANCE CORPORATION LIMITED SR 244B 7.40 BD 15JN30 FVRS1LAC

8.41%

CANARA BANK CD 19DEC25

7.74%

Fund Managers

  1. Vivekanand Ramakrishnan (Jul 2021 - Present)
  2. Karan Mundhra (May 2021 - Present)

Key Information

View Scheme Document

DSP Bond Retail-Growth SIP Calculator

If invested

₹5,000

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 Bond Retail-Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in DSP Bond Retail-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 Bond Retail-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

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