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
₹3573.85
0.02%
NAV as on 19 Nov 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 19 Nov 24, 12:00 AM
low to moderate risk
liquid
liquid
7.40%p.a.
Last 1Y
6.25%p.a.
Last 3Y
5.26%p.a.
Last 5Y
6.94%p.a.
Since Inception
About DSP Liquidity Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Liquidity Fund Plan Growth scheme from DSP Asset Managers Private Limited. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Nov 2005, DSP Liquidity Fund Plan Growth is Liquid fund of its category with 20,007.11 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
- DSP Liquidity Fund Plan Growth delivered 7.4% annual returns during the last year. It has delivered 6.9% average annual returns since the fund was launched.
- DSP Liquidity Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in liquid
Fund Objective
An Open Ended Income (Liquid) Scheme, seeking to generate a reasonable return commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Bank Of Baroda**
3.70%
Small Industries Development Bank Of India**
3.22%
Reliance Jio Infocomm Limited**
2.72%
Treps / Reverse Repo Investments / Corporate Debt Repo
2.61%
91 Day T-Bill 15.11.24
2.52%
State Bank Of India**
2.36%
Hdfc Bank Limited**
2.36%
Punjab National Bank**
2.35%
Canara Bank**
2.04%
Axis Bank Ltd.
1.98%
Fund Managers
- Laukik Bagwe (Aug 2024 - Present)
- Karan Mundhra (May 2021 - Present)
- Shalini Vasanta (Aug 2024 - Present)
Key Information
View Scheme Document
DSP Liquidity 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 Liquidity 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 Liquidity 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 Liquidity 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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6.2%
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HDFC Liquid Fund Growth
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Frequently Asked Questions
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