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

INVEST VIA NRE/NRO

DSP Natural Resources & New Energy Fund Plan Growth for NRI [88.78]

Min Investment

100

Fund Size

1,245.87 Cr

Expense Ratio

2.1%

Exit Load

0%

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

88.78

-1.58%

NAV as on 12 Nov 24, 12:00 AM

very high risk

equity other

fof

NAV as on 12 Nov 24, 12:00 AM

very high risk

equity other

fof

37.57%p.a.

Last 1Y

17.45%p.a.

Last 3Y

22.57%p.a.

Last 5Y

14.25%p.a.

Since Inception

About DSP Natural Resources & New Energy Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the DSP Natural Resources & New Energy Fund Plan Growth scheme from DSP Asset Managers Private Limited. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Apr 2008, DSP Natural Resources & New Energy Fund Plan Growth is Equity - Other fund of its category with 1,245.87 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.

  • DSP Natural Resources & New Energy Fund Plan Growth delivered 37.6% annual returns during the last year. It has delivered 14.3% average annual returns since the fund was launched.
  • DSP Natural Resources & New Energy Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in fof

Fund Objective

The primary investment objective is seeking to generate long term capital appreciation and provide long term growth opportunities by investing in equity and equity related securities of companies domiciled in India whose pre-dominant economic activity is in the: a) discovery, development, production, or distribution of natural resources, viz., energy, mining etc; (b) alternative energy and energy technology sectors, with emphasis given to renewable energy, automotive and on-site power generation, energy storage and enabling energy technologies. The Scheme will also invest a certain portion of its corpus in the equity and equity related securities of companies domiciled overseas, which are principally engaged in the discovery, development, production or distribution of natural resources and alternative energy and/ or the units/shares of BlackRock Global Funds – Sustainable Energy Fund, BlackRock Global Funds – World Energy Fund and similar other overseas mutual fund schemes.

Top 10 Holdings

Hindalco Industries Ltd

9.03%

Coal India Ltd

8.04%

Jindal Steel & Power Ltd

7.76%

National Aluminium Co Ltd

7.64%

NMDC Ltd

6.03%

BGF Sustainable Energy I2

5.69%

BGF World Energy I2

5.57%

Tata Steel Ltd

5.28%

GAIL (India) Ltd

4.50%

Oil & Natural Gas Corp Ltd

4.09%

Fund Managers

  1. Rohit Singhania (Jul 2012 - Present)

Key Information

View Scheme Document

DSP Natural Resources & New Energy Fund Plan 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 Natural Resources & New Energy Fund Plan 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 Natural Resources & New Energy 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 Natural Resources & New Energy 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

Frequently Asked Questions