| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.16% |
| NAV | ₹59.90 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹195 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 26.5% |
| ICICI Bank Ltd. | Financial | Equity | 13.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 10.1% |
| Axis Bank Ltd. | Financial | Equity | 7.6% |
| Central Depository Services (India) Ltd. | Financial | Equity | 4.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.2% |
| SBI Cards & Payments Services Ltd. | Financial | Equity | 3.8% |
| Muthoot Finance Ltd. | Financial | Equity | 3.4% |
| Can Fin Homes Ltd. | Financial | Equity | 3.3% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.1% |
Invesco India Financial Services Fund Direct Growth is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Amit Ganatra is the Current Fund Manager of Invesco India Financial Services Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹195 Cr and the Latest NAV as of 23 Oct 2020 is ₹59.90.
The Invesco India Financial Services Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 1000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
The scheme seeks to generate capital appreciation from a portfolio of Equity and Equity Related Instruments of companies engaged in the business of banking and financial services.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.