|Min SIP Amount||₹500|
|NAV||₹26.16 (12 May 2021)|
|Fund Started||01 Jan 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 Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹686 Cr and the Latest NAV as of 12 May 2021 is ₹26.16.
The Invesco India Arbitrage Fund Direct Growth 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
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.