Fund Details
Invesco India Banking & PSU Debt Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.23% |
| NAV | ₹1862.88 (02 Mar 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹170 Cr |
Returns
Comparison
1. Lower expense ratio - 0.23%
2. Exit load is zero
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 | 13.9% |
| National Highways Authority of India Ltd. | Services | Debenture | 9.3% |
| Export-Import Bank Of India | Financial | Bonds | 6.6% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 6.3% |
| Nuclear Power Corpn. Of India Ltd. | Energy | Bonds | 6.3% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.2% |
| Food Corporation of India | FMCG | Debenture | 6.1% |
| State Bank of India | Financial | NCD | 5.9% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 5.3% |
| Power Grid Corporation of India Ltd. | Energy | Debenture | 3.3% |
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 ₹170 Cr and the Latest NAV as of 02 Mar 2021 is ₹1862.88.
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.
