NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

DSP Equity Savings Fund Plan Growth for NRI [20.85]

Min Investment

100

Fund Size

2,161.54 Cr

Expense Ratio

1.4%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

20.85

-0.44%

NAV as on 13 Nov 24, 12:00 AM

moderate risk

equity savings

equity

NAV as on 13 Nov 24, 12:00 AM

moderate risk

equity savings

equity

15.86%p.a.

Last 1Y

8.96%p.a.

Last 3Y

9.83%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 15.9% 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

  1. Abhishek Singh (May 2021 - Present)
  2. Shantanu Godambe (Aug 2024 - Present)
  3. Kaivalya Nadkarni (Oct 2024 - Present)

Key Information

View Scheme Document

DSP Equity Savings Fund Plan Growth SIP Calculator

If invested

5,000

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 Savings Fund Plan Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions