| Launch date | NA |
| Allotment date | 23 Sep 2024 |
| End date | NA |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Exit load of 0.50%, if redeemed within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Aditya KhemaniSep 2024 - PresentView details
Hiten JainSep 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #16 in India |
|---|---|
| Total AUM | ₹87,668.21Cr |
| Date of Incorporation | 24 Jul 2006 |
|---|
Invesco India Technology Fund Direct Growth is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 24 Jul 2006. Aditya Khemani is the Current Fund Manager of Invesco India Technology Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹87,668 Cr and the Latest NAV as of 03 Sep 2024 is ₹10.00. The Invesco India Technology Fund Direct Growth is rated NA risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 0.50%, if redeemed within 3 months. ;
Investment Objective
The scheme seeks to generate capital appreciation by investing in equity and equity related instruments of companies in the technology and technology related sectors, companies focused on driving transformative innovations across technology, automation, robotics, artificial intelligence, cloud computing and other technology companies including those benefitting from the increased digital adoption. ;
| Fund benchmark | NIFTY IT Total Return Index |
|---|