1M
6M
1Y
3Y
5Y
All
| NAV: 30 Jul 2021 | ₹1,929.33 |
|---|---|
| Min. SIP Amount | ₹1,000 |
| Rating | 1star |
|---|---|
| Fund Size | ₹534.39 Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Debt Banking and PSU
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.3% | 8.2% | 7.5% | 7.9% |
| Category average | 4.4% | 8.4% | 7.7% | NA |
| Rank with in category | 19 | 15 | 13 | NA |
Understand termsinfo
Holdings (31)
| 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% |
See All
Pros and cons
Category: Debt Banking and PSU
Pros
- Lower expense ratio - 0.23%
- Exit load is zero
- 3Y Returns are higher than the category average returns
Cons
- Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
- 1Y Returns are lower than the category average returns
- 5Y Returns are lower than the category average returns
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 0.23%
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 termsinfo
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Sujoy Kumar Das
Jan 2020 - Present
View Details
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.
Also manages these schemes
Nitish Sikand
Jan 2013 - Present
View Details
Education
Mr. Sikand holds a Commerce degree and is an MBA with a specialization in Finance.
Experience
Prior to joining Invesco Mutual Fund, he has worked with ICICI Bank as Product Manager, JM Financial Asset Management & Citicorp Maruti Finance Limited.
Also manages these schemes
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
| Rank (total assets) | #16 in India |
|---|---|
| Total AUM | 36,839.43 Cr |
| Date of Incorporation | 24 Jul 2006 |
|---|
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 in
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 24 Jul 2006. 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 ₹36,839 Cr and the Latest NAV as of 30 Jul 2021 is ₹1929.33.
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.
...Read more
Investment Objective
The fund generates returns by investing primarily in debt & Money Market Instruments issued by Banks, Public Financial Institutions (PFIs), Public Sec
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.
...Read more
| Fund benchmark | CRISIL Banking and PSU Debt |
|---|
Fund house contact details
Address
3rd Floor, GYS Infinity, Paranjpe 'B' Scheme, Subhash Road, Vile Parle (East), Mumbai 400 057
Phone
022 - 67310000
Launch Date
24 Jul 2006
E-mail
[email protected]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,
Email
[email protected]Website
www.karvymfs.comCompare funds
Invesco India Banking & PSU Debt Fund Direct Growth
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