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
₹86.66
-0.38%
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity other
fof
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity other
fof
31.00%p.a.
Last 1Y
17.86%p.a.
Last 3Y
22.48%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 31.0% 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
- Rohit Singhania (Jul 2012 - Present)
Key Information
View Scheme Document
DSP Natural Resources & New Energy Fund Plan Growth SIP Calculator
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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 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 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
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