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
₹55.73
0.34%
NAV as on 23 Nov 24, 12:00 AM
moderately high risk
conservative allocation
hybrid (c)
NAV as on 23 Nov 24, 12:00 AM
moderately high risk
conservative allocation
hybrid (c)
13.42%p.a.
Last 1Y
8.72%p.a.
Last 3Y
8.62%p.a.
Last 5Y
8.80%p.a.
Since Inception
About DSP Saving Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Saving Fund Plan Growth scheme from DSP Asset Managers Private Limited. It is a Conservative Allocation mutual fund scheme that predominantly invests in Conservative Allocation stocks of companies. Launched on Jun 2004, DSP Saving Fund Plan Growth is Conservative Allocation fund of its category with 184.82 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Conservative Allocation funds.
- DSP Saving Fund Plan Growth delivered 13.4% annual returns during the last year. It has delivered 8.8% average annual returns since the fund was launched.
- DSP Saving Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (c)
Fund Objective
An Open Ended Income Scheme, seeking to generate income, consistent with prudent risk, from a portfolio which is substantially constituted of quality debt securities. The scheme will also seek to generate capital appreciation by investing a smaller portion of its corpus in equity and equity related securities of issuers domiciled in India. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
7.32% Govt Stock 2030
12.19%
7.02% Govt Stock 2031
8.42%
Power Grid Corporation Of India Limited
5.86%
Rec Limited
5.67%
Indian Oil Corporation Limited
5.63%
7.1% Govt Stock 2029
5.50%
7.06% Govt Stock 2028
5.50%
Power Finance Corporation Limited
4.12%
Export Import Bank Of India
2.88%
National Bank For Agriculture And Rural Development
2.86%
Fund Managers
- Abhishek Singh (May 2021 - Present)
- Shantanu Godambe (Aug 2024 - Present)
Key Information
View Scheme Document
DSP Saving Fund Plan 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 Saving 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 Saving 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 Saving 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
Similar Funds
Funds
3Y Return
HDFC Hybrid Debt Fund Growth
moderately high risk | debt
9.9%
Kotak Debt Hybrid Growth
moderately high risk | debt
9.4%
Parag Parikh Conservative Hybrid Fund Growth
moderately high risk | hybrid (c)
11.0%
Frequently Asked Questions
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