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
₹53.48
-0.02%
NAV as on 18 Dec 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 18 Dec 24, 12:00 AM
very high risk
focused fund
equity
21.26%p.a.
Last 1Y
15.98%p.a.
Last 3Y
15.25%p.a.
Last 5Y
12.23%p.a.
Since Inception
About DSP Focus Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Focus Fund Growth scheme from DSP Asset Managers Private Limited. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Jun 2010, DSP Focus Fund Growth is Focused Fund fund of its category with 2,523.12 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- DSP Focus Fund Growth delivered 21.3% annual returns during the last year. It has delivered 12.2% average annual returns since the fund was launched.
- DSP Focus 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 generate long-term capital growth from a portfolio of equity and equityrelated securities including equity derivatives. The portfolio will consist of multi cap companies by market capitalisation. The Scheme will hold equity and equity-related securities including equity derivatives, of upto 30 companies. The Scheme may also invest in debt and money market securities, for defensive considerations and/or for managing liquidity requirements. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
ICICI Bank Ltd
5.92%
Bajaj Finance Ltd
5.78%
Coforge Ltd
4.94%
HDFC Bank Ltd
4.82%
Ipca Laboratories Ltd
4.61%
Axis Bank Ltd
3.99%
Kirloskar Oil Engines Ltd
3.85%
Cholamandalam Investment and Finance Co Ltd
3.75%
Infosys Ltd
3.74%
Phoenix Mills Ltd
3.67%
Fund Managers
- Vinit Sambre (Jun 2020 - Present)
- Bhavin Gandhi (Feb 2024 - Present)
Key Information
View Scheme Document
DSP Focus Fund Growth SIP Calculator
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For a period of
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Fixed Deposit
NRI Mutual Fund Tax on DSP Focus 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 Focus 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 Focus 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 Focused Equity Fund Growth
very high risk | equity
9.9%
HDFC Focused 30 Fund Growth
very high risk | equity
24.8%
Axis Focused Fund Growth
very high risk | equity
5.6%
Frequently Asked Questions
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