Invesco India Banking & PSU Debt Fund Direct Dividend daily is a Debt Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Nitish Sikand is the Current Fund Manager of Invesco India Banking & PSU Debt Fund Direct Dividend daily.The fund currently has an Asset Under Management(AUM) of ₹38 Cr and the Latest NAV as of 20 Sep 2019 is ₹1064.12.
The Invesco India Banking & PSU Debt Fund Direct 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