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

INVEST VIA NRE/NRO

DSP Top 100 Equity Fund Plan Growth for NRI [405.85]

Min Investment

100

Fund Size

3,550.89 Cr

Expense Ratio

2.0%

Exit Load

1%

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

405.85

0.32%

NAV as on 01 May 24, 12:00 AM

very high risk

large cap

equity

NAV as on 01 May 24, 12:00 AM

very high risk

large cap

equity

37.12%p.a.

Last 1Y

17.04%p.a.

Last 3Y

14.38%p.a.

Last 5Y

19.01%p.a.

Since Inception

About DSP Top 100 Equity Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the DSP Top 100 Equity Fund Plan Growth scheme from DSP Asset Managers Private Limited. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Mar 2003, DSP Top 100 Equity Fund Plan Growth is Large-Cap fund of its category with 3,550.89 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.

  • DSP Top 100 Equity Fund Plan Growth delivered 37.1% annual returns during the last year. It has delivered 19.0% average annual returns since the fund was launched.
  • DSP Top 100 Equity Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The primary investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of large cap companies. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized.

Top 10 Holdings

HDFC Bank Ltd

9.66%

ICICI Bank Ltd

9.63%

Axis Bank Ltd

6.03%

ITC Ltd

5.98%

Bajaj Finance Ltd

5.79%

Mahindra & Mahindra Ltd

5.65%

Ipca Laboratories Ltd

4.18%

SBI Life Insurance Company Limited

4.08%

Sun Pharmaceuticals Industries Ltd

3.71%

Eicher Motors Ltd

2.87%

Fund Managers

  1. Jay Kothari (Aug 2018 - Present)
  2. Abhishek Singh (Jun 2022 - Present)

Key Information

View Scheme Document

DSP Top 100 Equity Fund Plan 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 Top 100 Equity Fund Plan 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 Top 100 Equity 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 Top 100 Equity 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

Frequently Asked Questions