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
₹86.11
-0.06%
NAV as on 01 May 24, 12:00 AM
moderate risk
government bond
gilt
NAV as on 01 May 24, 12:00 AM
moderate risk
government bond
gilt
6.75%p.a.
Last 1Y
5.18%p.a.
Last 3Y
7.67%p.a.
Last 5Y
9.23%p.a.
Since Inception
About DSP Gilt Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Gilt Fund Plan Growth scheme from DSP Asset Managers Private Limited. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Sep 1999, DSP Gilt Fund Plan Growth is Government Bond fund of its category with 755.19 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.
- DSP Gilt Fund Plan Growth delivered 6.8% annual returns during the last year. It has delivered 9.2% average annual returns since the fund was launched.
- DSP Gilt Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in gilt
Fund Objective
An Open Ended income Scheme, seeking to generate income through investment in Central Government Securities of various maturities. There is no assurance that the investment objective of the Scheme will be realized.
Top 6 Holdings
7.3% Govt Stock 2053
35.25%
7.18% Govt Stock 2037
32.17%
7.25% Govt Stock 2063
17.17%
Maharashtra (Government of) 7.45%
13.02%
Karnataka (Government of) 7.46%
0.65%
07.29 KA Sdl 2036
0.64%
Fund Managers
- Shantanu Godambe (Jun 2023 - Present)
Key Information
View Scheme Document
DSP Gilt Fund Plan 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 Gilt 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 Gilt 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 Gilt 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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Frequently Asked Questions
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