Invesco India Banking & PSU Debt Fund Dividend Daily+0.07%

3Groww
10.39%
1 Year Return
Debt
Banking & PSU
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Invesco India Banking & PSU Debt Fund Dividend Daily

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.65%
NAV1003.72 (15 Nov 2019)
Fund Started29 Dec 2012
Fund Size46 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Invesco India Banking & PSU Debt Fund Dividend Daily
10.4%
7.2%
7.3%
7.5%
Category Average
10.4%
7.4%
8.1%
-
Rank within category
14
13
12
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 10.4% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    2. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk is higher compared to the benchmark
    3. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Bank Of BarodaFinancialCD9.6%
    Export-Import Bank Of IndiaFinancialCD9.5%
    Indian BankFinancialCD8.4%
    National Highways Authority of India Ltd.ServicesDebenture7.5%
    Power Finance Corpn. Ltd.FinancialNCD7.4%
    Power Grid Corporation of India Ltd.EnergyBonds7.4%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture7.2%
    National Bank For Agriculture & Rural DevelopmentFinancialNCD6.7%
    REC Ltd.FinancialNCD6.5%
    Reliance Industries Ltd.EnergyNCD6.5%
    See All

    Fund Managers

    addNitish Sikand
    Education
    Mr. Sikand holds a Commerce degree and is an MBA with a specialization in Finance.
    Experience
    In his last assignment, he was working with ICICI Bank as Product Manager. Prior he was working with JM Financial Asset Management & Citicorp Maruti Finance Limited.
    Funds Managed

    Other Details

    Invesco India Banking & PSU Debt Fund Dividend Daily is a Debt Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was introduced to investors on 29 Dec 2012. Nitish Sikand is the Current Fund Manager of Invesco India Banking & PSU Debt Fund Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹46 Cr and the Latest NAV as of 15 Nov 2019 is ₹1003.72.

    The Invesco India Banking & PSU Debt Fund Dividend Daily is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Nil.

    Investment Objective

    To generate optimal returns by investing in a portfolio of debt & money market instruments issued primarily by banks. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹1000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Invesco Mutual Fund

    Address
    3rd Floor, GYS Infinity, Paranjpe 'B' Scheme, Subhash Road, Vile Parle (East), Mumbai 400 057
    Phone
    022 - 67310000
    Launch Date
    23 Jul 2006
    Website
    NA
    Invesco Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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