Invesco India Corporate Bond Fund Direct Growth

Invesco India Corporate Bond Fund Direct Growth

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Debt
Direct
Corporate Bond

NAV: ₹ 2943.3 as on 27-09-2023

Fund Performance
zero opening, trading, fund transfer fee
532 people have invested ₹ 17.5L in Invesco India Corporate Bond Fund Direct Growth in the last three months

Fund Insights

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In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.99% return, outperforming this fund by 0.75%.
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In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 8.35% return, outperforming this fund by 0.84% per annum.
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This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.28% which is lower than the category average expense ratio of 0.48%.
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Over the last 6 months, this fund has experienced a 24.5% growth in AUM moving from 2.07K Cr to 2.57K Cr.
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In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.1% return, outperforming this fund by 1.21% per annum.

About the Fund

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

Key Parameters

  1. Invesco India Corporate Bond Fund Direct Growth has ₹2579 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.

Invesco India Corporate Bond Fund Direct Growth Overview

Expense ratio
Expense ratio
0.28%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹2579 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
164.14%

Fund Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Aug'23

Jul'23

Jun'23

Corporate

56.2%

Government

37.4%

Cash Equivalent

6.4%

Top Holdings of Invesco India Corporate Bond Fund Direct Growth as on (31-Aug-23)

  • Debt & Cash

Debt Holdings74
Holdings
Weight%
1M Change
7.38% Govt Stock 2027
7.38% Govt Stock 2027
4.57%
31.4%
Sikka Ports & Terminals Limited
Sikka Ports & Terminals Limited
3.45%
38.5%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
3.16%
-23.1%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.13%
0%
Bajaj Housing Finance Limited
Bajaj Housing Finance Limited
2.95%
0%

Invesco India Corporate Bond Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 2.5K Cr
₹ 2.5K Cr
₹ 2.5K Cr
  • AUM of the fund stands at 2.5K Cr as of Aug'23
  • AUM decreased by 2.3 Cr between Aug'23 and Jul'23

Fund Portfolio Changes

Invesco India Corporate Bond Fund Direct Growth Fund Manager

Krishna Cheemalapati

Krishna Cheemalapati

Fund Manager of Invesco India Corporate Bond Fund Direct Growth, since 16 December 2020
Vikas Garg

Vikas Garg

Fund Manager of Invesco India Corporate Bond Fund Direct Growth, since 26 September 2020

Fund Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.33% since inception which is more than its category average return of 5.43%
AUM size ₹2579 Cr

AUM size ₹2579 Cr

This fund has AUM of ₹2579 Cr which is less than its category average of ₹ 5713 Cr
Expense Ratio 0.28%

Expense Ratio 0.28%

This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 0.58%

Frequently Asked Questions

The current NAV of Invesco India Corporate Bond Fund Direct Growth is ₹2943.29 as on 27-Sep-2023.
Existing (Absolute + CAGR) as on 27-Sep-2023.
Invesco India Corporate Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.59%
0.59%
6 Month Returns
3.76%
3.76%
1 Year Returns
7.24%
7.24%
3 Years Returns
15.42%
4.9%
5 Years Returns
43.63%
7.51%
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0.28% as on August 2023
₹2579 Cr as on August 2023
7.38% Govt Stock 2027(4.57%), Sikka Ports & Terminals Limited(3.45%), 7.26% Govt Stock 2033(3.16%), Small Industries Development Bank Of India(3.13%), Bajaj Housing Finance Limited(2.95%) as on August 2023
Corporate(57.24%), Government(36.51%), Cash Equivalent(6.26%) as on August 2023
Yield to Maturity is 7.63 as on August 2023. 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 2.62 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Krishna Cheemalapati, Vikas Garg are the fund managers of Invesco India Corporate Bond Fund Direct Growth
The Exit load of Invesco India Corporate Bond Fund Direct Growth is 0%