Invesco India Infrastructure Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Pranav Gokhale is the Current Fund Manager of Invesco India Infrastructure Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹40 Cr and the Latest NAV as of 11 Oct 2019 is ₹16.42.
The Invesco India Infrastructure Fund Direct Dividend is rated High risk. Minimum SIP Investment is 500. 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 provide long term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of infrastructure companies. Infrastructure companies means companies engaged, directly or indirectly, in infrastructure development and growth of Indian economy. However, there can be no assurance that the investment objective of the Scheme will be realised.
Tax Implications
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.
Scheme Information Document(SID)
₹1000
Min for First Investment
₹1000
Min for Second Investment
For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
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