Invesco India Banking & PSU Debt Fund Direct Dividend Monthly+0.03%

10.37%
1 Year Return
Debt
Banking & PSU
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Invesco India Banking & PSU Debt Fund Direct Dividend Monthly

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.23%
NAV1020.44 (22 Oct 2020)
Fund Started01 Jan 2013
Fund Size128 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Invesco India Banking & PSU Debt Fund Direct Dividend Monthly
10.4%
9.0%
8.1%
8.4%
Category Average
10.1%
8.4%
8.4%
-
Rank within category
13
9
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 10.4% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.23%
    2. 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
    Export-Import Bank Of IndiaFinancialBonds8.6%
    Nuclear Power Corpn. Of India Ltd.EnergyBonds8.2%
    National Highways Authority of India Ltd.ServicesDebenture8.1%
    Power Finance Corpn. Ltd.FinancialNCD8.0%
    Hindustan Petroleum Corpn. Ltd.EnergyDebenture7.9%
    National Housing BankFinancialNCD7.9%
    State Bank of IndiaFinancialNCD7.8%
    Indian Oil Corpn. Ltd.EnergyDebenture7.4%
    Food Corporation of IndiaFMCGDebenture7.3%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture6.4%
    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
    addVikas Garg
    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.
    Funds Managed

    Invesco India Banking & PSU Debt Fund Direct Dividend Monthly Details

    Invesco India Banking & PSU Debt Fund Direct Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹128 Cr and the Latest NAV as of 22 Oct 2020 is ₹1020.44.

    The Invesco India Banking & PSU Debt Fund Direct Dividend Monthly 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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