Fund Details
Invesco India Banking & PSU Debt Fund Direct IDCW Daily
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.23% |
| NAV | ₹1015.55 (23 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹534 Cr |
Returns
Comparison
1. Lower expense ratio - 0.23%
2. Exit load is zero
3. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 7.2% |
| Power Grid Corporation of India Ltd. | Energy | Debenture | 7.2% |
| GOI | Sovereign | GOI Sec | 6.2% |
| NTPC Ltd. | Energy | Debenture | 6.0% |
| ICICI Bank Ltd. | Financial | Debenture | 5.5% |
| Export-Import Bank Of India | Financial | Bonds | 4.9% |
| National Highways Authority of India Ltd. | Services | Debenture | 4.9% |
| Hindustan Petroleum Corporation Ltd. | Energy | Debenture | 4.7% |
| Power Finance Corporation Ltd. | Financial | NCD | 3.9% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 3.9% |
Fund Managers
Invesco India Banking & PSU Debt Fund Direct IDCW Daily Details
Invesco India Banking & PSU Debt Fund Direct IDCW Daily is a Debt Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Nitish Sikand is the Current Fund Manager of Invesco India Banking & PSU Debt Fund Direct IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹534 Cr and the Latest NAV as of 23 Jul 2021 is ₹1015.55.
The Invesco India Banking & PSU Debt Fund Direct IDCW Daily is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
Investment Objective
The fund generates returns by investing primarily in debt & Money Market Instruments issued by Banks, Public Financial Institutions (PFIs), Public Sector Undertakings (PSUs) and Municipal Bonds.
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.
