Invesco India Banking & PSU Debt Fund Direct Growth-0.06%

2
9.81%
1 Year Return
Debt
Banking & PSU
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Invesco India Banking & PSU Debt Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.23%
NAV1855.75 (21 Sep 2020)
Fund Started01 Jan 2013
Fund Size150 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Invesco India Banking & PSU Debt Fund Direct Growth
9.8%
8.7%
8.1%
8.3%
Category Average
9.4%
8.1%
8.3%
-
Rank within category
16
13
13
-
*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 9.8% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.05%
    3. 3Y Returns are higher than the category average returns
    4. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture9.0%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture7.4%
    Export-Import Bank Of IndiaFinancialBonds7.4%
    Food Corporation of IndiaFMCGDebenture7.1%
    Nuclear Power Corpn. Of India Ltd.EnergyBonds7.0%
    National Highways Authority of India Ltd.ServicesDebenture7.0%
    Hindustan Petroleum Corpn. Ltd.EnergyDebenture6.8%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture6.8%
    Power Finance Corpn. Ltd.FinancialNCD6.8%
    Indian Oil Corpn. Ltd.EnergyDebenture6.8%
    See All

    Fund Managers

    addSujoy Kumar Das
    Education
    Mr. Das is a B.Sc.(Economics) and PGDBA (Finance and International Business)
    Experience
    Prior to joining Invesco Mutual Fund he has worked with BOI AXA Mutual Fund, DSP Mutual Fund and HDFC Bank.
    Funds Managed
    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

    Invesco India Banking & PSU Debt Fund Direct Growth Details

    Invesco India Banking & PSU Debt Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹150 Cr and the Latest NAV as of 21 Sep 2020 is ₹1855.75.

    The Invesco India Banking & PSU Debt Fund Direct Growth 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.

    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
    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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