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
₹20.96
0.33%
NAV as on 23 Nov 24, 12:00 AM
moderate risk
equity savings
equity
NAV as on 23 Nov 24, 12:00 AM
moderate risk
equity savings
equity
15.71%p.a.
Last 1Y
9.78%p.a.
Last 3Y
9.84%p.a.
Last 5Y
9.01%p.a.
Since Inception
About DSP Equity Savings Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Equity Savings Fund Plan Growth scheme from DSP Asset Managers Private Limited. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Mar 2016, DSP Equity Savings Fund Plan Growth is Equity Savings fund of its category with 2,161.54 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
- DSP Equity Savings Fund Plan Growth delivered 15.7% annual returns during the last year. It has delivered 9.0% average annual returns since the fund was launched.
- DSP Equity Savings Fund Plan 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 investment objective of the Scheme is to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies. The Scheme also intends to generate longterm capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments. However, there can be no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
7.00%
7.93% Govt Stock 2033
5.28%
Future on Adani Enterprises Ltd
4.58%
Adani Enterprises Ltd
4.56%
Future on HDFC Bank Ltd
3.43%
7.38% Govt Stock 2027
3.13%
Future on Reliance Industries Ltd
3.11%
Reliance Industries Ltd
3.09%
ICICI Bank Ltd
2.90%
Bajaj Finance Ltd
2.41%
Fund Managers
- Abhishek Singh (May 2021 - Present)
- Shantanu Godambe (Aug 2024 - Present)
- Kaivalya Nadkarni (Oct 2024 - Present)
Key Information
View Scheme Document
DSP Equity Savings Fund Plan Growth SIP Calculator
If invested
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For a period of
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on DSP Equity Savings 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 Equity Savings 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 Equity Savings 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
ICICI Prudential Equity Savings Fund Growth
moderate risk | hybrid (nc)
8.4%
Kotak Equity Savings Fund Growth
moderate risk | equity
10.8%
Sundaram Equity Savings Fund Growth
moderate risk | equity
10.2%
Frequently Asked Questions
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