Fund Details
Invesco India Tax Plan IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.39% |
| NAV | ₹19.64 (20 Apr 2021) |
|---|---|
| Fund Started | 29 Dec 2006 |
| Fund Size | ₹1,512 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
5. Exit load is zero
1. Higher expense ratio - 2.18%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.0% |
| Infosys Ltd. | Technology | Equity | 9.0% |
| Reliance Industries Ltd. | Energy | Equity | 8.2% |
| ICICI Bank Ltd. | Financial | Equity | 7.8% |
| Axis Bank Ltd. | Financial | Equity | 4.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.1% |
| Bajaj Auto Ltd | Automobile | Equity | 3.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.0% |
| L&T Technology Services Ltd. | Engineering | Equity | 2.3% |
| Honeywell Automation India Ltd. | Engineering | Equity | 2.3% |
Fund Managers
Invesco India Tax Plan IDCW Details
Invesco India Tax Plan IDCW is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 29 Dec 2006. Vinay Paharia, Taher Badshah is the Current Fund Manager of Invesco India Tax Plan IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,512 Cr and the Latest NAV as of 20 Apr 2021 is ₹19.64.
The Invesco India Tax Plan IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The scheme aims to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. It intends to invest across market capitalisation sectors utilizing bottom up approach. It will aim to have concentrated well researched portfolio, which would be around 20 - 50 stocks.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
