Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl

Debt
Direct
Credit Risk
Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl

About the Fund

Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl is a debt fund. This fund was started on 21 September, 2018. The fund is managed by Vikas Garg, Krishna Cheemalapati. This fund is suitable to keep your money safe.

Key Parameters

  1. Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl has ₹141 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl has given a CAGR return of 6.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.50%, 7.60% and 8.51% respectively.

Holdings

Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl has allocated its funds majorly in Consumer Cyclical, Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.18% Govt Stock 2037, JSW Steel Limited, Steel Authority Of India Limited, PNb Housing Finance Limited

Taxation

As it is a credit risk 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.

Investment objective of Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl

To generate accrual income and capital appreciation by investing in debt securities of varying maturities across the credit spectrum.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.28%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹141 Cr
Inception Date21 September, 2018
Min Lumpsum/SIP₹1000/₹1000
Exit Load
4%
Lock InNo Lock-in
TurnOver
131.34%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 0%

  • Debt & Cash 99.7%

Sector Allocation

May'24

Apr'24

Mar'24

Consumer Cyclical
100%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Sintex Industries Ltd
Sintex Industries Ltd
0.03%
0%

Vikas Garg
Vikas Garg
Fund Manager of Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl, since 26 September 2020
Krishna Cheemalapati
Krishna Cheemalapati
Fund Manager of Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl, since 16 December 2020

Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl 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 6.3% since inception which is more than its category average return of 5.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.03% in Equity, 76.99% in Debt and 22.72% in Cash related instruments
AUM size ₹141 Cr

AUM size ₹141 Cr

This fund has AUM of ₹141 Cr which is less than its category average of ₹ 1265 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 1.08%

Frequently Asked Questions

The current NAV of Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl is ₹1948.48 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl
Absolute Returns
CAGR Returns
1 Month Returns
0.71%
0.71%
6 Month Returns
4.07%
4.07%
1 Year Returns
9.5%
9.5%
3 Years Returns
24.59%
7.6%
5 Years Returns
50.46%
8.51%
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 June 2024
₹141 Cr as on June 2024
7.18% Govt Stock 2033(14.32%), 7.18% Govt Stock 2037(10.77%), JSW Steel Limited(8.56%), Steel Authority Of India Limited(7.82%), PNb Housing Finance Limited(7.11%) as on June 2024
Government(40.2%), Corporate(36.99%), Cash Equivalent(22.78%) as on June 2024
Yield to Maturity is 7.68 as on June 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 2.41 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
67.8
AAA
32.2
Vikas Garg, Krishna Cheemalapati are the fund managers of Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl
The Exit load of Invesco India Credit Risk Fund Direct Discretionary Reinvestment of Income Distr cum Capital Wtdrwl is 4%