Debt
Direct
Corporate Bond
NAV as on 18-10-2024
₹ 3206.77
Inception Returns
7.4%
/yr
Invesco India Corporate Bond 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.
Invesco India Corporate Bond Fund Direct Growth has given a CAGR return of 7.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.83%, 6.02% and 6.66% respectively.
Invesco India Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 07.18 Goi 14082033, 7.23% Goi 15/04/2039, 7.10%Goi 08/04/2034, 07.18 Goi 24072037, 07.32 Goi 2030
As it is a corporate bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
To generate regular and stable income by investing predominantly in bonds issued by corporates. The scheme will invest in bonds which are rated AA+/ AAA by credit rating agencies.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Invesco India Corporate Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.28% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹2549 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 129.33% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (18-Oct-24)
as on (31-Dec-69)
Top 2 Sectors in September were Corporate, Government
Invesco India Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.73% | 0.73% |
6 Month Returns | 4.73% | 4.73% |
1 Year Returns | 8.83% | 8.83% |
3 Years Returns | 19.16% | 6.02% |
5 Years Returns | 38.03% | 6.66% |
AAA | 100 |