Invesco India ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
17.48%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Feb 2024₹124.84
Min. SIP amount₹500
Rating2
Fund size₹2,516.75Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns41.6%17.5%19.3%18.0%
Category average36.1%18.6%18.9%NA
Rank with in category102816NA
Understand terms

Holdings (59)

NameSectorInstrumentAssets
FinancialEquity5.15%
TechnologyEquity4.77%
EnergyEquity4.37%
FinancialEquity3.59%
TechnologyEquity2.85%
FinancialEquity2.78%
Capital GoodsEquity2.51%
FinancialEquity2.50%
TechnologyEquity2.41%
Consumer DiscretionaryEquity2.38%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
3Y annualised returns lower than category average by 1.08%
Lower expense ratio: 0.73%
Lock-in period: 3Y
1Y, 5Y and 10Y annualised returns higher than category average
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.73%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Dhimant Kothari
Mar 2018 - Present
View details

Education
Mr. Kothari is a Chartered Accountant and holds a Commerce degree.
Experience
In his last assignment, he was working as Senior Manager – Research with Credit Analysis and Research Ltd., His other assignments include Lotus India Asset Management and CRISIL Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
2101 - A-A Wing - 21st Floor,Marathon Futurex,N.M. Joshi Marg, Lower Parel, Mumbai 400013
Phone
022-67310000 / 1800-209-0007
Launch Date
24 Jul 2006
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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