Invesco India PSU Equity 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, Amit Ganatra is the Current Fund Manager of Invesco India PSU Equity Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹59 Cr and the Latest NAV as of 23 Aug 2019 is ₹17.7.
The Invesco India PSU Equity 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..
Investment Objective
To generate 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 has 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.
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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