Invesco India Infrastructure Fund Direct Growth 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 Growth.The fund currently has an Asset Under Management(AUM) of ₹43 Cr and the Latest NAV as of 20 Feb 2020 is ₹21.59.
The Invesco India Infrastructure Fund Direct Growth 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..
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.
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)
Min for First Investment
Min for Second Investment
For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.