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
₹28.76
-1.09%
NAV as on 05 Oct 24, 12:00 AM
very high risk
index funds
equity
NAV as on 05 Oct 24, 12:00 AM
very high risk
index funds
equity
66.70%p.a.
Last 1Y
21.34%p.a.
Last 3Y
22.83%p.a.
Last 5Y
21.45%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the DSP Nifty Next 50 Index Fund Growth scheme from DSP Asset Managers Private Limited. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Feb 2019, DSP Nifty Next 50 Index Fund Growth is Index Funds fund of its category with 777.91 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
To invest in companies which are constituents of NIFTY Next 50 Index (underlying Index) in the same proportion as in the index and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to tracking error. However, there is no assurance that the objective of the Scheme will be achieved.
Trent Ltd
6.84%
Bharat Electronics Ltd
4.65%
Hindustan Aeronautics Ltd Ordinary Shares
3.80%
InterGlobe Aviation Ltd
3.48%
Power Finance Corp Ltd
3.46%
Vedanta Ltd
3.42%
REC Ltd
3.33%
Tata Power Co Ltd
3.19%
TVS Motor Co Ltd
2.84%
Indian Oil Corp Ltd
2.82%
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 | equity
13.9%
very high risk | equity
13.8%
very high risk | equity
13.8%