| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.32% |
| NAV | ₹13.98 (28 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹470 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 8.8% |
| Reliance Industries Ltd. | Energy | Equity | 6.5% |
| Bharti Airtel Ltd. | Communication | Equity | 5.9% |
| ICICI Bank Ltd. | Financial | Equity | 5.3% |
| ITC Ltd. | FMCG | Equity | 4.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.8% |
| Dabur India Ltd. | FMCG | Equity | 3.3% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.2% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.2% |
| United Spirits Ltd. | FMCG | Equity | 2.2% |
Invesco India Arbitrage Fund Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹470 Cr and the Latest NAV as of 28 Oct 2020 is ₹13.98.
The Invesco India Arbitrage Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. 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.