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

INVEST VIA NRE/NRO

DSP Flexi Cap Fund Growth for NRI [102.72]

Min Investment

100

Fund Size

11,765.48 Cr

Expense Ratio

1.7%

Exit Load

1%

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

102.72

0.12%

NAV as on 18 Dec 24, 12:00 AM

very high risk

flexi cap

equity

NAV as on 18 Dec 24, 12:00 AM

very high risk

flexi cap

equity

20.54%p.a.

Last 1Y

15.08%p.a.

Last 3Y

18.63%p.a.

Last 5Y

14.21%p.a.

Since Inception

About DSP Flexi Cap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the DSP Flexi Cap Fund Growth scheme from DSP Asset Managers Private Limited. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Jun 2007, DSP Flexi Cap Fund Growth is Flexi Cap fund of its category with 11,765.48 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.

  • DSP Flexi Cap Fund Growth delivered 20.5% annual returns during the last year. It has delivered 14.2% average annual returns since the fund was launched.
  • DSP Flexi Cap 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, from a portfolio that is substantially constituted of equity securities and equity related securities of issuers domiciled in India. This shall be the fundamental attribute of the Scheme. There is no assurance that the investment objective of the Scheme will be realized.

Top 10 Holdings

ICICI Bank Ltd

5.87%

Bajaj Finance Ltd

5.45%

HDFC Bank Ltd

4.96%

Axis Bank Ltd

3.87%

Infosys Ltd

3.52%

Samvardhana Motherson International Ltd

2.72%

Prudent Corporate Advisory Services Ltd

2.71%

Coforge Ltd

2.34%

Gujarat Fluorochemicals Ltd Ordinary Shares

2.29%

Cholamandalam Investment and Finance Co Ltd

2.27%

Fund Managers

  1. Bhavin Gandhi (Mar 2024 - Present)

Key Information

View Scheme Document

DSP Flexi Cap Fund 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 Flexi Cap Fund 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 Flexi Cap 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 Flexi Cap 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

Frequently Asked Questions