Invesco India Tax Plan Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
15.20%
3Y annualised
-0.61% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Sep 2022₹86.19
Min. SIP amount₹500
Rating3
Fund size₹1,818.27Cr

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 returns-8.3%15.2%12.7%16.3%
Category average-2.9%15.9%11.3%NA
Rank with in category352213NA
Understand terms

Holdings (41)

NameSectorInstrumentAssets
Housing Development Finance Corpn. Ltd.FinancialEquity9.2%
ICICI Bank Ltd.FinancialEquity8.3%
Infosys Ltd.TechnologyEquity7.2%
Reliance Industries Ltd.EnergyEquity6.4%
Kotak Mahindra Bank Ltd.FinancialEquity3.8%
Axis Bank Ltd.FinancialEquity3.6%
Bharti Airtel Ltd.CommunicationEquity3.4%
Avenue Supermarts Ltd.ServicesEquity3.0%
Bajaj Finance Ltd.FinancialEquity2.6%
Kei Industries Ltd.Capital GoodsEquity2.6%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Consistently lower annualised returns than category average for the past 1Y and 3Y
Lower expense ratio: 0.85%
Lock-in period: 3Y
5Y annualised returns higher than category average by 1.65%

Expense ratio, exit load and tax

Expense ratio: 0.85%

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

Amit Nigam
Sep 2020 - Present
View details

Education
Mr. Nigam is BE from IIT, Roorkee and PGDBM from IIM, Indore.
Experience
Prior to joining Invesco Mutual Fund, he has worked with Essel Finance AMC Ltd., BNP Paribas Asset Management India Pvt. Ltd.
Also manages these schemes

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
Website
NA
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,

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