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
₹119.05
0.32%
NAV as on 30 Apr 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 30 Apr 24, 12:00 AM
very high risk
elss (tax savings)
elss
43.96%p.a.
Last 1Y
21.43%p.a.
Last 3Y
19.70%p.a.
Last 5Y
15.11%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the DSP ELSS Tax Saver Fund Plan Growth scheme from DSP Asset Managers Private Limited. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Jan 2007, DSP ELSS Tax Saver Fund Plan Growth is ELSS (Tax Savings) fund of its category with 14,075.56 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.
ICICI Bank Ltd
8.43%
HDFC Bank Ltd
7.44%
State Bank of India
4.68%
Axis Bank Ltd
3.12%
Mahindra & Mahindra Ltd
2.86%
Infosys Ltd
2.54%
Power Finance Corp Ltd
2.51%
Indus Towers Ltd Ordinary Shares
2.42%
HCL Technologies Ltd
2.32%
Tata Motors Ltd
2.29%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | elss
12.0%
very high risk | elss
28.7%
very high risk | elss
18.6%