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

INVEST VIA NRE/NRO

DSP Healthcare Fund Growth for NRI [41.00]

Min Investment

100

Fund Size

3,138.46 Cr

Expense Ratio

1.9%

Exit Load

0.5%

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

41.00

-1.00%

NAV as on 11 Nov 24, 12:00 AM

very high risk

sector healthcare

equity

NAV as on 11 Nov 24, 12:00 AM

very high risk

sector healthcare

equity

51.86%p.a.

Last 1Y

22.03%p.a.

Last 3Y

31.10%p.a.

Last 5Y

26.78%p.a.

Since Inception

About DSP Healthcare Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the DSP Healthcare Fund Growth scheme from DSP Asset Managers Private Limited. It is a Sector - Healthcare mutual fund scheme that predominantly invests in Sector - Healthcare stocks of companies. Launched on Nov 2018, DSP Healthcare Fund Growth is Sector - Healthcare fund of its category with 3,138.46 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Healthcare funds.

  • DSP Healthcare Fund Growth delivered 51.9% annual returns during the last year. It has delivered 26.8% average annual returns since the fund was launched.
  • DSP Healthcare 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 consistent returns by predominantly investing in equity and equity related securities of pharmaceutical and healthcare companies. However, there can be no assurance that the investment objective of the scheme will be realized.

Top 10 Holdings

Sun Pharmaceuticals Industries Ltd

11.05%

Suven Pharmaceuticals Ltd

10.82%

Ipca Laboratories Ltd

8.12%

Cipla Ltd

6.85%

Illumina Inc

5.38%

Globus Medical Inc Class A

5.30%

Alembic Pharmaceuticals Ltd

5.12%

Gland Pharma Ltd

4.33%

Apollo Hospitals Enterprise Ltd

4.17%

Lupin Ltd

3.84%

Fund Managers

  1. Chirag Dagli (Dec 2020 - Present)

Key Information

View Scheme Document

DSP Healthcare 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 Healthcare 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 Healthcare 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 Healthcare 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