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
₹41.63
0.03%
NAV as on 21 Nov 24, 12:00 AM
moderately high risk
credit risk
debt
NAV as on 21 Nov 24, 12:00 AM
moderately high risk
credit risk
debt
7.78%p.a.
Last 1Y
10.60%p.a.
Last 3Y
7.90%p.a.
Last 5Y
6.85%p.a.
Since Inception
About DSP Credit Risk Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Credit Risk Fund Growth scheme from DSP Asset Managers Private Limited. It is a Credit Risk mutual fund scheme that predominantly invests in Credit Risk stocks of companies. Launched on May 2003, DSP Credit Risk Fund Growth is Credit Risk fund of its category with 188.14 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Credit Risk funds.
- DSP Credit Risk Fund Growth delivered 7.8% annual returns during the last year. It has delivered 6.8% average annual returns since the fund was launched.
- DSP Credit Risk Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
An Open ended income Scheme, seeking to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities.
Top 10 Holdings
Nirma Limited
8.50%
Aditya Birla Renewables Limited
8.09%
Nuvoco Vistas Corporation Limited
8.08%
JSW Steel Limited
8.07%
6.79% Govt Stock 2034
8.01%
Tata Housing Development Co Ltd.
8.01%
Aadhar Housing Finance Ltd.
5.70%
7.18% Govt Stock 2037
5.55%
Century Textiles And Industried Limited
5.51%
7.23% Govt Stock 2039
5.50%
Fund Managers
- Laukik Bagwe (Jul 2016 - Present)
- Vivek Ramakrishnan (Jul 2021 - Present)
Key Information
View Scheme Document
DSP Credit Risk Fund 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 Credit Risk Fund 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 Credit Risk Fund 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 Credit Risk Fund 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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Frequently Asked Questions
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