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
₹18.94
0.02%
NAV as on 19 Nov 24, 12:00 AM
low to moderate risk
low duration
debt
NAV as on 19 Nov 24, 12:00 AM
low to moderate risk
low duration
debt
7.45%p.a.
Last 1Y
6.03%p.a.
Last 3Y
5.68%p.a.
Last 5Y
6.81%p.a.
Since Inception
About DSP Low Duration Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Low Duration Fund Plan Growth scheme from DSP Asset Managers Private Limited. It is a Low Duration mutual fund scheme that predominantly invests in Low Duration stocks of companies. Launched on Mar 2015, DSP Low Duration Fund Plan Growth is Low Duration fund of its category with 5,774.19 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Low Duration funds.
- DSP Low Duration Fund Plan Growth delivered 7.5% annual returns during the last year. It has delivered 6.8% average annual returns since the fund was launched.
- DSP Low Duration Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The investment objective of the Scheme is to seek to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Small Industries Development Bank Of India
3.08%
7.06% Govt Stock 2028
2.98%
LIC Housing Finance Limited
2.32%
Power Finance Corporation Ltd.
2.19%
National Bank For Agriculture And Rural Development
2.18%
Axis Bank Ltd.
2.14%
INDIA UNIVERSAL TRUST AL1
2.14%
08.28 KA Sdl 2026
1.79%
Kotak Mahindra Prime Limited
1.74%
India (Republic of)
1.68%
Fund Managers
- Karan Mundra (Mar 2022 - Present)
- Shalini Vasanta (Jun 2023 - Present)
Key Information
View Scheme Document
DSP Low Duration Fund Plan Growth SIP Calculator
If invested
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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 Low Duration 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 Low Duration 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 Low Duration 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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6.5%
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low to moderate risk | debt
6.0%
SBI Magnum Low Duration Fund Plan Growth
low to moderate risk | debt
5.9%
Frequently Asked Questions
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