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
₹24.25
-2.83%
NAV as on 20 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 20 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
22.24%p.a.
Last 1Y
18.46%p.a.
Last 3Y
20.33%p.a.
Last 5Y
15.32%p.a.
Since Inception
About DSP ELSS Tax Saver Fund Plan Payout of Income Distribution cum capital withdrawal option for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP ELSS Tax Saver Fund Plan Payout of Income Distribution cum capital withdrawal option scheme from DSP Asset Managers Private Limited. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Jan 2007, DSP ELSS Tax Saver Fund Plan Payout of Income Distribution cum capital withdrawal option is ELSS (Tax Savings) fund of its category with 16,835.11 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- DSP ELSS Tax Saver Fund Plan Payout of Income Distribution cum capital withdrawal option delivered 22.2% annual returns during the last year. It has delivered 15.3% average annual returns since the fund was launched.
- DSP ELSS Tax Saver Fund Plan Payout of Income Distribution cum capital withdrawal option scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in elss
Fund Objective
The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.
Top 10 Holdings
HDFC Bank Ltd
9.45%
ICICI Bank Ltd
7.16%
State Bank of India
3.92%
Infosys Ltd
3.71%
Axis Bank Ltd
3.46%
Kotak Mahindra Bank Ltd
2.93%
Mahindra & Mahindra Ltd
2.61%
HCL Technologies Ltd
2.49%
Larsen & Toubro Ltd
2.37%
Hindustan Unilever Ltd
2.22%
Fund Managers
- Rohit Singhania (Jul 2015 - Present)
Key Information
View Scheme Document
DSP ELSS Tax Saver Fund Plan Payout of Income Distribution cum capital withdrawal option SIP Calculator
If invested
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For a period of
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NRI Mutual Fund Tax on DSP ELSS Tax Saver Fund Plan Payout of Income Distribution cum capital withdrawal option
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 ELSS Tax Saver Fund Plan Payout of Income Distribution cum capital withdrawal option?
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 ELSS Tax Saver Fund Plan Payout of Income Distribution cum capital withdrawal option
- 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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