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
₹77.86
-0.06%
NAV as on 18 Dec 24, 12:00 AM
moderately high risk
medium duration
debt
NAV as on 18 Dec 24, 12:00 AM
moderately high risk
medium duration
debt
7.79%p.a.
Last 1Y
5.76%p.a.
Last 3Y
6.25%p.a.
Last 5Y
7.71%p.a.
Since Inception
About DSP Bond Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Bond Fund Plan Growth scheme from DSP Asset 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 Fund Plan Growth is Medium Duration fund of its category with 378.52 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.
- DSP Bond Fund Plan Growth delivered 7.8% annual returns during the last year. It has delivered 7.7% average annual returns since the fund was launched.
- DSP Bond Fund Plan 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
7.17% Govt Stock 2030
13.57%
Power Finance Corp Ltd.
7.04%
Export-Import Bank of India
7.01%
Bajaj Housing Finance Limited
6.99%
Bajaj Finance Limited
6.96%
LIC Housing Finance Limited
6.95%
National Bank For Agriculture And Rural Development
6.89%
Indian Oil Corporation Limited
6.84%
Indian Railway Finance Corporation Limited
6.80%
Small Industries Development Bank Of India
6.72%
Fund Managers
- Vivek Ramakrishnan (Jul 2021 - Present)
- Karan Mundhra (May 2021 - Present)
Key Information
View Scheme Document
DSP Bond Fund Plan Growth SIP Calculator
If invested
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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 Fund Plan 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 Bond Fund Plan 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 Fund Plan 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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3Y Return
SBI Magnum Medium Duration Fund Growth
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6.2%
ICICI Prudential Medium Term Bond Fund Growth
moderately high risk | debt
6.3%
HDFC Medium Term Debt Fund Growth
moderately high risk | debt
5.8%
Frequently Asked Questions
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