Invesco India Banking & PSU Debt Fund Direct IDCW Daily

Debt
Banking and PSU
Moderate Risk
5.06%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 06 Oct 2022₹1,014.60
Min. SIP amount₹1,000
Rating1
Fund size₹175.54Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns0.4%5.1%6.3%7.1%
Category average2.5%5.8%6.4%NA
Rank with in category221613NA
Understand terms

Holdings (13)

NameSectorInstrumentAssets
Small Industries Devp. Bank of India Ltd.
FinancialCP10.9%
Export-Import Bank Of India
FinancialBonds8.6%
Indian Railway Finance Corporation Ltd.FinancialDebenture8.5%
NTPC Ltd.EnergyDebenture8.5%
Hindustan Petroleum Corporation Ltd.EnergyDebenture8.3%
National Bank For Agriculture & Rural Development
FinancialDebenture8.3%
Oil & Natural Gas Corporation Ltd.EnergyDebenture8.3%
GOI
SovereignGOI Sec8.1%
ICICI Bank Ltd.
FinancialDebenture8.1%
HDFC Bank Ltd.FinancialBonds/Deb5.8%
See All

Pros and cons

Category: Debt Banking and PSU

Pros

Cons

Exit load is zero
Lower AUM: 175Cr. Funds with lower AUM tend to have higher expense ratio
Lower expense ratio: 0.28%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 0.28%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Krishna Venkat Cheemalapati
Dec 2020 - Present
View details

Education
Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.
Experience
Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.
Also manages these schemes

Vikas Garg
Sep 2020 - Present
View details

Education
Mr. Garg is CFA MBA Finance, B-Tech and M- Tech
Experience
Prior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
2101 - A-A Wing - 21st Floor,Marathon Futurex,N.M. Joshi Marg, Lower Parel, Mumbai 400013
Phone
022-67310000 / 1800-209-0007
Launch Date
24 Jul 2006
Website
NA
Invesco Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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