DSP Global Equity Fund
What is GIFT City and why does it matter for investors?
GIFT City, short for Gujarat International Finance Tec-City, is India’s answer to Singapore or Dubai, a financial hub designed to bring global banking, capital markets, and asset management activities onshore. It operates under a special regulator ...
What is the DSP Global Equity Fund?
The DSP Global Equity Fund is among the first retail global funds launched from GIFT City, giving Indian investors access to international markets through a structure regulated within India. The fund invests in a diversified portfolio of global ...
What does the DSP Global Equity fund mean for Indian investors?
Indian investors today have more global investing options than ever before. Direct investing platforms like Vested have already made it simple to buy international stocks and ETFs directly, letting you own shares of companies like Apple, Microsoft, ...
How do GIFT City funds avoid SEBI’s global investment limits?
Since these funds are set up and regulated under IFSCA, they aren’t bound by SEBI’s cap. They invest directly in global markets using the Liberalised Remittance Scheme (LRS), giving investors access any time of the year, without pauses or waiting ...
What are the three main ways Indians can invest globally today?
Essentially, investors now have three distinct ways to invest globally: 1. Direct investing through platforms like Vested is for hands-on investors. 2. Feeder funds for indirect access via Indian mutual funds. 3. GIFT City funds for a hybrid ...
How is taxation handled for the DSP Global Equity Fund?
With the DSP Global Equity Fund, the fund itself takes care of taxes on your behalf. Here’s how it works: ● The fund is structured as a determinate irrevocable trust, and under Indian tax laws, the trustee pays taxes at the fund level and not the ...
Do I need to disclose my DSP Global Equity fund as a foreign asset in my ITR?
No additional TDS, no extra filings, and no need to declare these investments as foreign assets in your ITR since the fund itself is domiciled in India (GIFT City).
What is the cost structure of the DSP Global Equity Fund?
The DSP Global Equity Fund (GIFT City) keeps its cost structure simple and transparent. Management Fee: Up to 1.5 percent per annum Operating Expense: Around 0.25 percent per annum Total Expense Ratio (TER): Up to 1.75 percent per annum Exit Load: 1 ...
Who should consider investing in the DSP Global Equity fund?
It can be a good fit for: 1. Long-term global investors: If you’re looking to build wealth over 5–10 years and want your portfolio to include global leaders like Apple, Meta, or Lululemon, this fund offers that exposure through professional ...
How do I invest in the DSP Global Equity fund through Vested?
Here’s how it works: 1. Create or log in to your Vested account. If you’re already using Vested for global investing, simply log in and start investing in the fund right away. If you’re new, you will just need to complete a quick KYC and it’s a ...
Do I need any foreign documentation or overseas filings?
Since the fund is domiciled in India’s GIFT City, you do not have to worry about foreign brokerage accounts, overseas tax filings, or complex documentation.
Is this fund meant to replace direct US investing?
It is not a replacement for direct investing; rather, it is a complementary path that adds choice, flexibility, and structure.
Where would the units of the DSP fund be held after investment and is there an Indian Demat account required for it?
The units are held at CAMS and via the PAN + DOB, we fetch CKYC number which helps us connect the units to the already existing DEMAT.
How does the nominee process work for this fund?
We are in the process of streamlining the nominee addition via the platform. In the interim, once you purchase the fund, kindly reach out to us at help@vestedfinance.co to get the nominee details added.
Can NRIs or global users invest in the DSP Global Equity Fund?
DSP Global Equity Fund is only available for Indian residents via the digital journey. However, NRI’s can invest but it involves a physical method of investment, which Vested currently does not support.
Is TCS applicable on DSP Global Equity Fund investments?
Yes TCS is applicable on DSP Global Equity Fund investments.
What is the difference between Class A and Class B?
Class A is similar to regular mutual funds in India Class B is like the direct plan equivalent The only real difference is the expense ratio — Class A is slightly higher. There is no change in portfolio, mandate, or investment process. Both invest in ...
If the minimum investment for DSP is $5000, is there any minimum amount required when a user invests again in the same fund?
Initial investment: $5,000 (DSP requirement) Additional purchases can be done in multiples of $500 (e.g., $500, $1,000, $1,500, etc.)
Why is there a minimum investment of $5000 and can it be reduced?
This is set by the AMC itself and can be found in the prospectus—Section XII, Page 107.
Does Vested charge any commissions to invest in DSP GIFT Fund?
Vested does not charge any commission on this. This is a regular fund and Vested is a distributor. Hence, Vested would receive a part of the expense ratio from the AMC. Please note that the expense ratio is already baked into the NAV and doesn’t ...
Are there any exit loads in the DSP GIFT fund?
The exit load of 1% is applicable, but only for investors who sell or redeem Global Fund units within 2 years. This is done intentionally to ensure investors hold the global funds for a longer duration and redemption of the fund by retail investors ...
Can I use my Vested buying power for GIFT funds?
No. Vested—as always, thoroughly follows regulations and guidelines by the regulators, and hence the money should be directly debited from the bank account under the investor’s name to DSP’s GIFT Account. Vested does support the HDFC banking journey ...