Invesco India Corporate Bond Fund Direct Growth
Debt
Direct
Corporate Bond
NAV: ₹ 3074.86 as on 06-05-2024
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
- Invesco India Corporate Bond Fund Direct Growth has ₹3465 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Fund Performance
429 people have invested ₹ 13.8L in Invesco India Corporate Bond Fund Direct Growth in the last three months
Overview
 | 0.28% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹3465 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 164.14% |
Invesco India Corporate Bond Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
56.9%
Government
39.1%
Cash Equivalent
4%
Top Holdings of Invesco India Corporate Bond Fund Direct Growth as on (30-Apr-24)
Debt Holdings90
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 6.05% | 2.8% | |
7.18% Govt Stock 2037 | 5.38% | 0% | |
7.17% Govt Stock 2030 | 3.05% | 0% | |
7.32% Govt Stock 2030 | 2.78% | 0% | |
7.26% Govt Stock 2033 | 2.78% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.6K Cr as of Mar'24
- AUM decreased by 365.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.72% return, outperforming this fund by 0.69%.
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 0.49%.
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.23% return, outperforming this fund by 0.99% per annum.
In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 7.85% return, outperforming this fund by 0.84% per annum.
Over the last 3 months, this fund has experienced a 33.6% growth in AUM moving from 2.57K Cr to 3.43K Cr.
Peer Analysis
Fund Manager
Krishna Cheemalapati
Fund Manager of Invesco India Corporate Bond Fund Direct Growth, since 16 December 2020
Top funds managed
Vikas Garg
Fund Manager of Invesco India Corporate Bond Fund Direct Growth, since 26 September 2020
Top funds managed
Invesco India Corporate Bond Fund Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.34% since inception which is more than its category average return of 5.46%
AUM size ₹3465 Cr
This fund has AUM of ₹3465 Cr which is less than its category average of ₹ 6126 Cr
Expense Ratio 0.28%
This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 0.59%
Frequently Asked Questions
The current NAV of Invesco India Corporate Bond Fund Direct Growth is ₹3074.86 as on 06-May-2024.
Existing (Absolute + CAGR) as on 06-May-2024.
Invesco India Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.48% | 0.48% |
6 Month Returns | 3.96% | 3.96% |
1 Year Returns | 7.04% | 7.04% |
3 Years Returns | 16.56% | 5.24% |
5 Years Returns | 40.33% | 7.01% |
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.
0.28% as on April 2024
₹3465 Cr as on April 2024
7.18% Govt Stock 2033(6.05%), 7.18% Govt Stock 2037(5.38%), 7.17% Govt Stock 2030(3.05%), 7.32% Govt Stock 2030(2.78%), 7.26% Govt Stock 2033(2.78%) as on April 2024
Corporate(54.51%), Government(41.26%), Cash Equivalent(4.23%) as on April 2024
Yield to Maturity is 7.62 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 3.3 as on April 2024. 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%