Invesco India Arbitrage Fund Direct Bonus is a Hybrid Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was introduced to investors on 19 Jun 2013. Pranav Gokhale is the Current Fund Manager of Invesco India Arbitrage Fund Direct Bonus.The fund currently has an Asset Under Management(AUM) of ₹245 Cr and the Latest NAV as of 20 Dec 2018 is ₹15.33.
The Invesco India Arbitrage Fund Direct Bonus is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 0.50% if redeemed within 15 days.
The primary investment objective of the scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 0.50% if redeemed within 15 days