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
₹11.03
0.02%
NAV as on 21 Jul 26, 12:00 AM
moderately high risk
conservative hybrid
hybrid
NAV as on 21 Jul 26, 12:00 AM
moderately high risk
conservative hybrid
hybrid
3.26%p.a.
Last 1Y
8.44%p.a.
Last 3Y
7.25%p.a.
Last 5Y
8.52%p.a.
Since Inception
About DSP Savings Fund -IDCW Monthly for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Savings Fund -IDCW Monthly scheme from DSP Investment Managers Private Limited. It is a Conservative Hybrid mutual fund scheme that predominantly invests in Conservative Hybrid stocks of companies. Launched on Jun 2004, DSP Savings Fund -IDCW Monthly is Conservative Hybrid fund of its category with 179.41 Cr fund under management as on Jul 2026. The expense ratio of this fund is less than that of most other Fund category Conservative Hybrid funds.
- DSP Savings Fund -IDCW Monthly delivered 3.3% annual returns during the last year. It has delivered 8.5% average annual returns since the fund was launched.
- DSP Savings Fund -IDCW Monthly scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid
Fund Objective
The scheme seeks to generate attractive return, consistent with prudent risk, from a portfolio comprising substantially of quality debt securities. It also aims to generate capital appreciation by investing up to 10 per cent its corpus in equity of 100 largest corporates by market capitalization, listed in India.
Top 10 Holdings
Axis Bank Ltd
0.81%
Bajaj Finance Ltd
0.01%
Cipla Ltd
1.30%
GAIL (India) Ltd
0.11%
HCL Technologies Ltd
0.22%
HDFC Bank Ltd
2.98%
Hero Motocorp Ltd
0.47%
ICICI Bank Ltd
1.86%
Infosys Ltd
0.44%
Cyient Ltd
0.24%
Fund Managers
- Shantanu Godambe (Aug 2024 - Present)
- Abhishek Singh (May 2021 - Present)
Key Information
View Scheme Document
DSP Savings Fund -IDCW Monthly SIP Calculator
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on DSP Savings Fund -IDCW Monthly
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 Savings Fund -IDCW Monthly?
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 Savings Fund -IDCW Monthly
- 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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