Fund Details
Invesco India Credit Risk Fund Direct Dividend Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.36% |
| NAV | ₹1080.82 (20 Jan 2021) |
|---|---|
| Fund Started | 04 Sep 2014 |
| Fund Size | ₹130 Cr |
Returns
Comparison
1. Lower expense ratio - 0.36%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y 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
2. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 8.7% |
| National Housing Bank | Financial | NCD | 7.4% |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 7.2% |
| Inox Air Products Ltd. | Chemicals | Debenture | 7.2% |
| GOI | Sovereign | GOI Sec | 7.1% |
| Reliance Industries Ltd. | Energy | Debenture | 6.9% |
| Bank Of Baroda | Financial | CD | 6.8% |
| Power Finance Corpn. Ltd. | Financial | NCD | 5.8% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.6% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 5.3% |
Fund Managers
Invesco India Credit Risk Fund Direct Dividend Monthly Details
Invesco India Credit Risk Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 04 Sep 2014. Nitish Sikand is the Current Fund Manager of Invesco India Credit Risk Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹130 Cr and the Latest NAV as of 20 Jan 2021 is ₹1080.82.
The Invesco India Credit Risk Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
Investment Objective
The scheme seeks to generate accrual income and capital appreciation by investing in debt securities of varying maturities across the credit spectrum.
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.
