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

INVEST VIA NRE/NRO

DSP Liquidity Fund Plan Growth for NRI [3563.59]

Min Investment

100

Fund Size

22,611.12 Cr

Expense Ratio

0.2%

Exit Load

0.007%

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

3563.59

0.02%

NAV as on 04 Nov 24, 12:00 AM

low to moderate risk

liquid

liquid

NAV as on 04 Nov 24, 12:00 AM

low to moderate risk

liquid

liquid

7.39%p.a.

Last 1Y

6.20%p.a.

Last 3Y

5.24%p.a.

Last 5Y

6.94%p.a.

Since Inception

About DSP Liquidity Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the DSP Liquidity Fund Plan Growth scheme from DSP Asset Managers Private Limited. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Nov 2005, DSP Liquidity Fund Plan Growth is Liquid fund of its category with 22,611.12 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.

  • DSP Liquidity Fund Plan Growth delivered 7.4% annual returns during the last year. It has delivered 6.9% average annual returns since the fund was launched.
  • DSP Liquidity Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in liquid

Fund Objective

An Open Ended Income (Liquid) Scheme, seeking to generate a reasonable return commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. There is no assurance that the investment objective of the Scheme will be realized.

Top 10 Holdings

Treps / Reverse Repo Investments

9.09%

182 DTB 01112024

3.57%

Bank Of Baroda

3.26%

Small Industries Development Bank Of India

2.95%

Reliance Jio Infocomm Limited

2.40%

Treps / Reverse Repo Investments

2.30%

91 Day T-Bill 15.11.24

2.22%

Canara Bank

2.19%

State Bank Of India

2.19%

Punjab National Bank

2.18%

Fund Managers

  1. Laukik Bagwe (Aug 2024 - Present)
  2. Karan Mundhra (May 2021 - Present)
  3. Shalini Vasanta (Aug 2024 - Present)

Key Information

View Scheme Document

DSP Liquidity 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 Liquidity 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 Liquidity 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 Liquidity 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