Can resident Indian invest in DSP Global Equity fund?

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• What is the DSP Global Equity Fund (GIFT City)?

  DSP Global Equity Fund is a USD-denominated, open-ended global equity fund set up in GIFT City. It invests directly in international stocks across countries and sectors. You can refer to the attached brochure:

• Is TCS applicable when I invest in DSP Global Equity Fund (GIFT city)?

  Only resident Indian individuals pay 20% TCS on LRS remittances above INR 10 lakh in a financial year. Banks collect and issue Form 27D. The TCS can be claimed back as refund during ITR filing or adjusted against any other outstanding tax liability.

• Who can invest in DSP Global Equity Fund (GIFT city)?

  Resident Indians, Non-Resident Indians*, OCI* (Overseas Citizens of India) as well as foreign investors* can invest in this fund. *Investors from US & Canada are not eligible to invest in this fund.

• Can a resident Indian invest in the Edelweiss Greater China Equity Fund?

  Yes, resident Indians can invest in the Edelweiss Greater China Equity Fund.

• What are the charges associated with DSP Global Equity Fund (GIFT city)?

  DSP Global Equity Fund has an expense ratio of 1% for its direct plan. Belong offers only direct plans which don't have commissions. Other than this, there's an exit load of 1% if the funds are redeemed within 2 years.