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
₹44.30
0.04%
NAV as on 19 Nov 24, 12:00 AM
low to moderate risk
short duration
debt
NAV as on 19 Nov 24, 12:00 AM
low to moderate risk
short duration
debt
7.74%p.a.
Last 1Y
5.56%p.a.
Last 3Y
5.78%p.a.
Last 5Y
6.94%p.a.
Since Inception
About DSP Short Term Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Short Term Fund Plan Growth scheme from DSP Asset Managers Private Limited. It is a Short Duration mutual fund scheme that predominantly invests in Short Duration stocks of companies. Launched on Sep 2002, DSP Short Term Fund Plan Growth is Short Duration fund of its category with 2,828.68 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Short Duration funds.
- DSP Short Term Fund Plan Growth delivered 7.7% annual returns during the last year. It has delivered 6.9% average annual returns since the fund was launched.
- DSP Short Term Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
An Open ended income Scheme, seeking to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
7.1% Govt Stock 2034
7.28%
Small Industries Development Bank of India
6.20%
INDIA UNIVERSAL TRUST AL1
5.48%
National Bank For Agriculture And Rural Development
5.32%
6.79% Govt Stock 2034
4.28%
Titan Company Limited
3.81%
364 DTB 15082025
3.36%
Muthoot Finance Limited
3.11%
Bajaj Housing Finance Limited
2.84%
Jamnagar Utilities And Power Private Limited
2.73%
Fund Managers
- Laukik Bagwe (Jul 2016 - Present)
- Karan Mundhra (Aug 2024 - Present)
Key Information
View Scheme Document
DSP Short Term 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 Short Term 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 Short Term 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 Short Term 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
SBI Short Term Debt Fund Retail Plan Growth
low to moderate risk | debt
5.7%
SBI Short Term Debt Fund Growth
low to moderate risk | debt
5.7%
Mirae Asset Short Duration Growth
low to moderate risk | debt
5.5%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved