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
₹3259.45
0.09%
NAV as on 18 Dec 24, 12:00 AM
moderate risk
dynamic bond
debt
NAV as on 18 Dec 24, 12:00 AM
moderate risk
dynamic bond
debt
10.01%p.a.
Last 1Y
6.40%p.a.
Last 3Y
6.75%p.a.
Last 5Y
6.92%p.a.
Since Inception
About DSP Strategic Bond Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the DSP Strategic Bond Fund Plan Growth scheme from DSP Asset Managers Private Limited. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on May 2007, DSP Strategic Bond Fund Plan Growth is Dynamic Bond fund of its category with 2,022.41 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.
- DSP Strategic Bond Fund Plan Growth delivered 10.0% annual returns during the last year. It has delivered 6.9% average annual returns since the fund was launched.
- DSP Strategic Bond 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
The primary investment objective of the Scheme is to seek to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market securities. There is no assurance that the investment objective of the Schemes will be realized.
Top 10 Holdings
7.34% Govt Stock 2064
47.86%
7.3% Govt Stock 2053
15.19%
7.09% Government Of India 2074
7.31%
7.12% State Government Of Maharashtra 2043
5.54%
7.09% Govt Stock 2054
4.63%
7.14% Madhya Pradesh SDL 2043
3.03%
State Bank Of India
2.60%
Bank Of India
2.58%
Power Finance Corporation Ltd.
2.57%
7.25% State Government Of Maharashtra 2045
2.56%
Fund Managers
- Sandeep Yadav (Mar 2022 - Present)
- Shantanu Godambe (Jun 2023 - Present)
Key Information
View Scheme Document
DSP Strategic Bond 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 Strategic Bond 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 Strategic Bond 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 Strategic Bond 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
ICICI Prudential All Seasons Bond Fund Growth
moderate risk | debt
6.7%
Nippon India Dynamic Bond Fund - Growth
moderate risk | debt
5.9%
SBI Dynamic Bond Growth
moderate risk | debt
6.6%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved