|Min SIP Amount||₹500|
|NAV||₹24.20 (03 Jul 2020)|
|Fund Started||30 Apr 2007|
|Fund Size||₹411 Cr|
|Bharti Airtel Ltd.||Communication||Equity||8.5%|
|Hindustan Unilever Ltd.||FMCG||Equity||8.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.2%|
|ICICI Bank Ltd.||Financial||Equity||5.0%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||3.3%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||3.2%|
|Grasim Industries Ltd.||Construction||Equity||3.0%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.8%|
Invesco India Arbitrage Fund Growth is a Hybrid Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 30 Apr 2007. Pranav Gokhale is the Current Fund Manager of Invesco India Arbitrage Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹411 Cr and the Latest NAV as of 03 Jul 2020 is ₹24.20.
The Invesco India Arbitrage Fund Growth 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 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.
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.