Invesco India ELSS Tax Saver Fund Direct IDCW

Equity
ELSS
Very High Risk
Payout
3Y Lock In
18.71%
3Y annualised
-0.63% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Apr 2024₹29.63
Min. SIP amount₹500
Rating2
Fund size₹2,529.68Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns43.0%18.7%17.4%17.8%
Category average37.3%19.6%17.0%NA
Rank with in category112416NA
Understand terms

Holdings (58)

NameSectorInstrumentAssets
FinancialEquity5.45%
FinancialEquity5.30%
TechnologyEquity4.72%
EnergyEquity4.53%
TechnologyEquity4.27%
FinancialEquity2.72%
FinancialEquity2.64%
AutomobileEquity2.48%
HealthcareEquity2.37%
FinancialEquity2.26%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
3Y annualised returns lower than category average by 0.58%
Lower expense ratio: 0.73%
Lock-in period: 3Y
1Y, 5Y and 10Y annualised returns higher than category average
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.73%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Dhimant Kothari
Mar 2018 - Present
View details

Education
Mr. Kothari is a Chartered Accountant and holds a Commerce degree.
Experience
In his last assignment, he was working as Senior Manager – Research with Credit Analysis and Research Ltd., His other assignments include Lotus India Asset Management and CRISIL Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
2101 - A-A Wing - 21st Floor,Marathon Futurex,N.M. Joshi Marg, Lower Parel, Mumbai 400013
Phone
022-67310000 / 1800-209-0007
Launch Date
24 Jul 2006
Invesco Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

Compare funds

Invesco India ELSS Tax Saver Fund Direct IDCW
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 4.8.7
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ