|Min SIP Amount||₹100|
|NAV||₹65.14 (22 Jan 2021)|
|Fund Started||14 Jul 2008|
|Fund Size||₹279 Cr|
|HDFC Bank Ltd.||Financial||Equity||25.4%|
|ICICI Bank Ltd.||Financial||Equity||14.7%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||11.4%|
|Axis Bank Ltd.||Financial||Equity||8.5%|
|SBI Cards & Payments Services Ltd.||Financial||Equity||2.9%|
|SBI Life Insurance Company Ltd.||Financial||Equity||2.8%|
|State Bank of India||Financial||Equity||2.8%|
|Can Fin Homes Ltd.||Financial||Equity||2.7%|
|ICICI Lombard General Insurance Company Ltd.||Financial||Equity||2.6%|
|Muthoot Finance Ltd.||Financial||Equity||2.6%|
Invesco India Financial Services Fund Growth is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 14 Jul 2008. Amit Ganatra is the Current Fund Manager of Invesco India Financial Services Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹279 Cr and the Latest NAV as of 22 Jan 2021 is ₹65.14.
The Invesco India Financial Services Fund 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.