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

INVEST VIA NRE/NRO

DSP Silver ETF for NRI [87.15]

Min Investment

5,000

Fund Size

284.22 Cr

Expense Ratio

0.5%

Exit Load

%

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

87.15

2.38%

NAV as on 18 Dec 24, 12:00 AM

very high risk

sector precious metals

equity

NAV as on 18 Dec 24, 12:00 AM

very high risk

sector precious metals

equity

15.61%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

21.72%p.a.

Since Inception

About DSP Silver ETF for NRIs

NRIs can achieve long-term capital appreciation by investing in the DSP Silver ETF scheme from DSP Asset Managers Private Limited. It is a Sector - Precious Metals mutual fund scheme that predominantly invests in Sector - Precious Metals stocks of companies. Launched on Aug 2022, DSP Silver ETF is Sector - Precious Metals fund of its category with 284.22 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Precious Metals funds.

  • DSP Silver ETF delivered 15.6% annual returns during the last year. It has delivered 21.7% average annual returns since the fund was launched.
  • DSP Silver ETF scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The scheme seeks to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking error. There is no assurance that the investment objective of the Scheme will be realized.

Top 1 Holdings

Silver

97.51%

Fund Managers

  1. Ravi Gehani (Aug 2022 - Present)

Key Information

View Scheme Document

DSP Silver ETF 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 Silver ETF

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 Silver ETF?

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 Silver ETF
  • 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