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
₹15.18
0.02%
NAV as on 19 Nov 24, 12:00 AM
moderate risk
corporate bond
debt
NAV as on 19 Nov 24, 12:00 AM
moderate risk
corporate bond
debt
7.81%p.a.
Last 1Y
5.27%p.a.
Last 3Y
5.70%p.a.
Last 5Y
6.97%p.a.
Since Inception
About DSP Corporate Bond Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Corporate Bond Growth scheme from DSP Asset Managers Private Limited. It is a Corporate Bond mutual fund scheme that predominantly invests in Corporate Bond stocks of companies. Launched on Sep 2018, DSP Corporate Bond Growth is Corporate Bond fund of its category with 2,533.3 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.
- DSP Corporate Bond Growth delivered 7.8% annual returns during the last year. It has delivered 7.0% average annual returns since the fund was launched.
- DSP Corporate Bond 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 regular income and capital appreciation commensurate with risk from a portfolio predominantly investing in corporate debt securities across maturities which are rated AA+ and above, in addition to debt instruments issued by central and state governments and money market securities. However, there can be no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
7.38% Govt Stock 2027
13.37%
Indian Oil Corporation Limited
7.05%
National Bank For Agriculture And Rural Development
5.16%
LIC Housing Finance Ltd
5.07%
Bajaj Housing Finance Ltd.
4.08%
Small Industries Development Bank Of India
3.99%
Indian Railway Finance Corporation Limited
3.48%
Rural Electrification Corporation Limited
3.28%
Sundaram Finance Limited
2.98%
Jamnagar Utilities & Power Private Limited
2.91%
Fund Managers
- Laukik Bagwe (Jul 2023 - Present)
- Vivek Ramakrishnan (Jul 2021 - Present)
Key Information
View Scheme Document
DSP Corporate Bond 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 Corporate Bond 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 Corporate Bond 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 Corporate Bond 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
HDFC Corporate Bond Growth
moderate risk | debt
6.2%
ICICI Prudential Corporate Bond Fund Growth
moderate risk | debt
6.5%
Aditya Birla Sun Life Corporate Bond Fund Plan Growth
moderate risk | debt
6.4%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved