Invesco India Arbitrage Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Pranav Gokhale is the Current Fund Manager of Invesco India Arbitrage Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹234 Cr and the Latest NAV as of 21 Aug 2019 is ₹13.8.
The Invesco India Arbitrage Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Exit load of 0.50% if redeemed within 15 days.
Investment Objective
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.
Tax Implications
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)
₹1000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 0.50% if redeemed within 15 days
Exit Load