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
₹19.34
-0.10%
NAV as on 30 Apr 24, 12:00 AM
very high risk
equity other
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
equity other
equity
22.13%p.a.
Last 1Y
11.67%p.a.
Last 3Y
0.00%p.a.
Last 5Y
14.81%p.a.
Since Inception
About DSP Quant Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Quant Fund 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 Jun 2019, DSP Quant Fund Growth is Equity - Other fund of its category with 1,212.5 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- DSP Quant Fund Growth delivered 22.1% annual returns during the last year. It has delivered 14.8% average annual returns since the fund was launched.
- DSP Quant 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 deliver superior returns as compared to the underlying benchmark over the medium to long term through investing in equity and equity related securities. The portfolio of stocks will be selected, weighed and rebalanced using stock screeners, factor based scoring and an optimization formula which aims to enhance portfolio exposures to factors representing ‘good investing principles’ such as growth, value and quality within risk constraints. However, there can be no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
6.15%
ICICI Bank Ltd
5.23%
Kotak Mahindra Bank Ltd
3.84%
Hero MotoCorp Ltd
3.58%
Tata Consultancy Services Ltd
3.56%
Larsen & Toubro Ltd
3.54%
Bajaj Finance Ltd
3.44%
Infosys Ltd
3.35%
Bajaj Finserv Ltd
3.30%
Maruti Suzuki India Ltd
3.20%
Fund Managers
- Anil Ghelani (Jun 2019 - Present)
- Diipesh Shah (Nov 2020 - Present)
- Aparna Karnik (May 2022 - Present)
- Prateek Nigudkar (May 2022 - Present)
Key Information
View Scheme Document
DSP Quant Fund Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on DSP Quant 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 Quant 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 Quant 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
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Frequently Asked Questions
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