Fund Details
Invesco India Nifty Exchange Traded Fund
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.10% |
| NAV | ₹1552.06 (19 Apr 2021) |
|---|---|
| Fund Started | 13 Jun 2011 |
| Fund Size | ₹52 Cr |
Returns
Comparison
1. Lower expense ratio - 0.1%
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
5. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.2% |
| Reliance Industries Ltd. | Energy | Equity | 10.2% |
| Infosys Ltd. | Technology | Equity | 8.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.1% |
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.4% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| Axis Bank Ltd. | Financial | Equity | 2.8% |
Fund Managers
Invesco India Nifty Exchange Traded Fund Details
Invesco India Nifty Exchange Traded Fund is a Others Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 13 Jun 2011. Pranav Gokhale is the Current Fund Manager of Invesco India Nifty Exchange Traded Fund fund.The fund currently has an Asset Under Management(AUM) of ₹52 Cr and the Latest NAV as of 19 Apr 2021 is ₹1552.06.
The Invesco India Nifty Exchange Traded Fund is rated Very High risk. Minimum SIP Investment is set to 100.
Investment Objective
The scheme aims to generate returns which closely correspond to the returns generated by securities as represented by Nifty 50 Index.
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.
