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
₹339.52
0.55%
NAV as on 19 Nov 24, 12:00 AM
very high risk
aggressive allocation
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
aggressive allocation
equity
25.33%p.a.
Last 1Y
12.11%p.a.
Last 3Y
16.01%p.a.
Last 5Y
14.94%p.a.
Since Inception
About DSP Equity & Bond Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Equity & Bond Fund Growth scheme from DSP Asset Managers Private Limited. It is a Aggressive Allocation mutual fund scheme that predominantly invests in Aggressive Allocation stocks of companies. Launched on May 1999, DSP Equity & Bond Fund Growth is Aggressive Allocation fund of its category with 10,327.37 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Aggressive Allocation funds.
- DSP Equity & Bond Fund Growth delivered 25.3% annual returns during the last year. It has delivered 14.9% average annual returns since the fund was launched.
- DSP Equity & Bond Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The primary investment objective of the Scheme is to seek to generate long term capital appreciation and current income from a portfolio constituted of equity and equity related securities as well as fixed income securities (debt and money market securities). There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
7.18%
ICICI Bank Ltd
4.77%
7.09% Govt Stock 2054
4.54%
Bajaj Finance Ltd
4.32%
Mahindra & Mahindra Ltd
2.99%
7.14% Madhya Pradesh SDL 2043
2.63%
Axis Bank Ltd
2.53%
ITC Ltd
2.16%
SBI Life Insurance Co Ltd
2.14%
Suven Pharmaceuticals Ltd
1.96%
Fund Managers
- Abhishek Singh (Mar 2024 - Present)
- Shantanu Godambe (Aug 2024 - Present)
Key Information
View Scheme Document
DSP Equity & Bond 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 Equity & Bond 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 Equity & Bond 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 Equity & Bond 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
Similar Funds
Funds
3Y Return
SBI Equity Hybrid Fund Growth
very high risk | hybrid (nc)
9.7%
ICICI Prudential Equity & Debt Fund Growth
very high risk | equity
17.9%
HDFC Hybrid Equity Fund Growth
very high risk | hybrid (nc)
11.8%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved