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
₹100.20
1.52%
NAV as on 23 Nov 24, 12:00 AM
very high risk
flexi cap
equity
NAV as on 23 Nov 24, 12:00 AM
very high risk
flexi cap
equity
29.00%p.a.
Last 1Y
14.51%p.a.
Last 3Y
19.11%p.a.
Last 5Y
14.29%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 11,788.58 Cr fund under management as on Nov 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 29.0% annual returns during the last year. It has delivered 14.3% 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
5.82%
Bajaj Finance Ltd
5.70%
HDFC Bank Ltd
4.78%
Axis Bank Ltd
3.94%
Infosys Ltd
3.32%
Samvardhana Motherson International Ltd
3.03%
Prudent Corporate Advisory Services Ltd
2.76%
Coforge Ltd
2.58%
Gujarat Fluorochemicals Ltd Ordinary Shares
2.48%
Cholamandalam Investment and Finance Co Ltd
2.33%
Fund Managers
- Bhavin Gandhi (Mar 2024 - Present)
Key Information
View Scheme Document
DSP Flexi Cap 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 Flexi Cap 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 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
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Frequently Asked Questions
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