Fund Details
Invesco India Arbitrage Fund Direct IDCW
| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.29% |
| NAV | ₹14.23 (14 May 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹686 Cr |
Returns
Comparison
1. Age is more than 5 years
2. Lower expense ratio - 0.29%
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| 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% |
| ITC Ltd. | FMCG | Equity | 4.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.5% |
| Lupin Ltd. | Healthcare | Equity | 4.3% |
| 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% |
Fund Managers
Invesco India Arbitrage Fund Direct IDCW Details
Invesco India Arbitrage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Pranav Gokhale is the Current Fund Manager of Invesco India Arbitrage Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹686 Cr and the Latest NAV as of 14 May 2021 is ₹14.23.
The Invesco India Arbitrage Fund Direct IDCW is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. Exit load of 0.50% if redeemed within 15 days
Investment Objective
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.
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.
