Fund Details
Invesco India Banking & PSU Debt Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.23% |
| NAV | ₹1893.68 (25 Nov 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹109 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.23%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Export-Import Bank Of India | Financial | Bonds | 10.3% |
| Nuclear Power Corpn. Of India Ltd. | Energy | Bonds | 9.8% |
| National Highways Authority of India Ltd. | Services | Debenture | 9.7% |
| State Bank of India | Financial | NCD | 9.4% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 8.8% |
| Food Corporation of India | FMCG | Debenture | 8.8% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 7.7% |
| Power Grid Corporation of India Ltd. | Energy | Debenture | 5.2% |
| NHPC Ltd. | Energy | NCD | 4.8% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 4.8% |
Fund Managers
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 ₹109 Cr and the Latest NAV as of 25 Nov 2020 is ₹1893.68.
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.
