Invesco India Banking & PSU Fund Direct Growth

Invesco India Banking & PSU Fund Direct Growth

Compare
Debt
Direct
Banking & Psu
NAV: ₹ 2202.98 as on 17-05-2024

About the Fund

Invesco India Banking & PSU Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vikas Garg, Krishna Cheemalapati. This fund is suitable to keep your money safe.

Key Parameters

  1. Invesco India Banking & PSU Fund Direct Growth has ₹122 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 21.6K in Invesco India Banking & PSU Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.25%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹122 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
173.04%

Invesco India Banking & PSU Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
53.4%
Corporate
40.8%
Cash Equivalent
5.8%

Top Holdings of Invesco India Banking & PSU Fund Direct Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings18
Holdings
Weight%
1M Change
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
8.42%
0%
HDFC Bank Limited
HDFC Bank Limited
8.21%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
8.2%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
8.17%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
8.17%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 122.8 Cr
₹ 122.2 Cr
₹ 122.2 Cr
  • AUM of the fund stands at 122.8 Cr as of Apr'24
  • AUM increased by 0.5 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 5 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.49% return, outperforming this fund by 1.23% per annum.
Insights icon
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.52% return, outperforming this fund by 2.84% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.25% which is lower than the category average expense ratio of 0.55%.
Insights icon
In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.62% return, outperforming this fund by 0.71%.

Fund Manager

Vikas Garg
Vikas Garg
Fund Manager of Invesco India Banking & PSU Fund Direct Growth, since 26 September 2020
Krishna Cheemalapati
Krishna Cheemalapati
Fund Manager of Invesco India Banking & PSU Fund Direct Growth, since 16 December 2020

Invesco India Banking & PSU Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.16% since inception which is more than its category average return of 5.49%
AUM size ₹122 Cr

AUM size ₹122 Cr

This fund has AUM of ₹122 Cr which is less than its category average of ₹ 3678 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.49%

Frequently Asked Questions

The current NAV of Invesco India Banking & PSU Fund Direct Growth is ₹2202.98 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Invesco India Banking & PSU Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.83%
0.83%
6 Month Returns
4.01%
4.01%
1 Year Returns
6.91%
6.91%
3 Years Returns
14.69%
4.67%
5 Years Returns
35.46%
6.26%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.25% as on April 2024
₹122 Cr as on April 2024
Indian Railway Finance Corporation Limited(8.42%), HDFC Bank Limited(8.21%), 7.18% Govt Stock 2033(8.2%), Small Industries Development Bank Of India(8.17%), National Bank For Agriculture And Rural Development(8.17%) as on April 2024
Government(53.36%), Corporate(40.84%), Cash Equivalent(5.8%) as on April 2024
Yield to Maturity is 7.57 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.92 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Vikas Garg, Krishna Cheemalapati are the fund managers of Invesco India Banking & PSU Fund Direct Growth
The Exit load of Invesco India Banking & PSU Fund Direct Growth is 0%