Fund Details
Invesco India PSU Equity Fund Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.05% |
| NAV | ₹22.64 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹162 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Higher expense ratio - 1.64%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Gujarat State Petronet Ltd. | Energy | Equity | 9.8% |
| Power Grid Corporation of India Ltd. | Energy | Equity | 9.2% |
| Bharat Electronics Ltd. | Engineering | Equity | 8.1% |
| Bharat Petroleum Corpn. Ltd. | Energy | Equity | 8.0% |
| Petronet LNG Ltd. | Energy | Equity | 7.1% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Equity | 5.9% |
| Mishra Dhatu Nigam Ltd. | Metals | Equity | 5.8% |
| Can Fin Homes Ltd. | Financial | Equity | 5.7% |
| SBI Life Insurance Company Ltd. | Financial | Equity | 5.7% |
| Indraprastha Gas Ltd. | Energy | Equity | 5.0% |
Fund Managers
Invesco India PSU Equity Fund Direct Growth Details
Invesco India PSU Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Pranav Gokhale, Amit Ganatra is the Current Fund Manager of Invesco India PSU Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹162 Cr and the Latest NAV as of 20 Jan 2021 is ₹22.64.
The Invesco India PSU Equity Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 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 fund aims capital appreciation by investing in equity and equity related instruments of companies where the Central / State Government(s) has majority shareholding or management control or powers to appoint majority of directors.
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.
