|Min SIP Amount||Not Supported|
|NAV||₹15.33 (20 Dec 2018)|
|Fund Started||19 Jun 2013|
|Fund Size||₹686 Cr|
|Invesco Inida Liquid Fund - Direct Plan||Financial||Mutual Fund||18.6%|
|ICICI Bank Ltd.||Financial||Equity||6.3%|
|Reliance Industries Ltd.||Energy||Equity||6.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||4.5%|
|Bharti Airtel Ltd.||Communication||Equity||4.0%|
|Bajaj Auto Ltd||Automobile||Equity||3.0%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||2.2%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||2.1%|
Invesco India Arbitrage Fund Direct Bonus is a Hybrid Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 19 Jun 2013. Pranav Gokhale is the Current Fund Manager of Invesco India Arbitrage Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹686 Cr and the Latest NAV as of 20 Dec 2018 is ₹15.33.
The Invesco India Arbitrage Fund Direct Bonus is rated Low risk. Minimum SIP Investment is set to 500. Exit load of 0.50% if redeemed within 15 days
The fund aims to generate income by cashing in on arbitrage opportunities emerging out of pricing mismatch between the cash market and the derivatives market.
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.