Invesco India Mid Cap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Vinay Paharia is the Current Fund Manager of Invesco India Mid Cap Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹645 Cr and the Latest NAV as of 06 Dec 2019 is ₹26.51.
The Invesco India Mid Cap Fund Direct Dividend is rated Moderately 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 mid cap companies. However, there can be no assurance that the funds objectives will be achieved.
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.