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

INVEST VIA NRE/NRO

DSP Savings Fund -Growth for NRI [60.13]

Min Investment

₹100

Fund Size

₹182.7 Cr

Expense Ratio

1.2%

Exit Load

0%

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

₹60.13

0.13%

NAV as on 18 Feb 26, 12:00 AM

moderately high risk

conservative allocation

hybrid (c)

NAV as on 18 Feb 26, 12:00 AM

moderately high risk

conservative allocation

hybrid (c)

8.10%p.a.

Last 1Y

9.90%p.a.

Last 3Y

8.01%p.a.

Last 5Y

8.62%p.a.

Since Inception

About DSP Savings Fund -Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the DSP Savings Fund -Growth scheme from DSP Investment 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 Savings Fund -Growth is Conservative Allocation fund of its category with 182.7 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Conservative Allocation funds.

  • DSP Savings Fund -Growth delivered 8.1% annual returns during the last year. It has delivered 8.6% average annual returns since the fund was launched.
  • DSP Savings Fund -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

Axis Bank Ltd

1.03%

Bajaj Finance Ltd

0.24%

Cipla Ltd

0.50%

GAIL (India) Ltd

0.33%

HCL Technologies Ltd

0.22%

HDFC Bank Ltd

2.06%

Hero Motocorp Ltd

0.61%

ICICI Bank Ltd

1.64%

Infosys Ltd

1.02%

Cyient Ltd

0.31%

Fund Managers

  1. Shantanu Godambe (Aug 2024 - Present)
  2. Abhishek Singh (May 2021 - Present)

Key Information

View Scheme Document

DSP Savings Fund -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 Savings Fund -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 Savings 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 Savings 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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