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
₹11.94
1.02%
NAV as on 23 Nov 24, 12:00 AM
low risk
multi cap
equity
NAV as on 23 Nov 24, 12:00 AM
low risk
multi cap
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
23.14%p.a.
Since Inception
About DSP Multicap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Multicap Fund Growth scheme from DSP Asset Managers Private Limited. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Jan 2024, DSP Multicap Fund Growth is Multi-Cap fund of its category with 1,756.94 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.
- DSP Multicap Fund Growth delivered 0.0% annual returns during the last year. It has delivered 23.1% average annual returns since the fund was launched.
- DSP Multicap 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 investment objective of the scheme is to seek to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalization. There is no assurance that the investment objective of the Scheme will be achieved.
Top 10 Holdings
Hero MotoCorp Ltd
4.08%
Nippon Life India Asset Management Ltd Ordinary Shares
3.78%
HDFC Bank Ltd
3.46%
Schaeffler India Ltd
3.32%
UTI Asset Management Co Ltd
2.91%
Cipla Ltd
2.83%
APL Apollo Tubes Ltd
2.77%
ICICI Prudential Life Insurance Co Ltd
2.63%
ITC Ltd
2.63%
Welspun Corp Ltd
2.35%
Fund Managers
- Chirag Dagli (Jan 2024 - Present)
Key Information
View Scheme Document
DSP Multicap Fund 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 Multicap 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 Multicap 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 Multicap 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
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