Hybrid
Direct
Equity Savings
NAV as on 05-12-2024
₹ 18.51
▲0.2%
1D
Inception Returns
11.3%
/yr
Invesco India Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 7 March, 2019. The fund is managed by Dhimant Kothari, Deepak Gupta, Amit Nigam, Krishna Cheemalapati. This fund gives you the benefit of diversification.
Invesco India Equity Savings Fund Direct Growth has given a CAGR return of 11.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.77%, 11.91% and 11.54% respectively.
Invesco India Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Corporate, Health, Tech, Consumer Defensive, Industrial, Consumer Cyclical, Basic Materials, Energy, Utilities, Real Estate.
As it is a equity savings mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
To generate capital appreciation and income by investing in equity and equity related instruments, arbitrage opportunities and fixed income instruments (including debt, government securities and money market instruments).
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Invesco India Equity Savings Fund Direct Growth has no lock in period.
Expense ratio | 0.73% |
Benchmark | NIFTY Equity Savings TR INR |
AUM | ₹341 Cr |
Inception Date | 7 March, 2019 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 0.2% |
Lock In | No Lock-in |
TurnOver | 121.39% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Moderately High risk |
as on (05-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Government & Health
Invesco India Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.89% | 1.89% |
6 Month Returns | 9.81% | 9.81% |
1 Year Returns | 20.77% | 20.77% |
3 Years Returns | 40.16% | 11.91% |
5 Years Returns | 72.63% | 11.54% |
AAA | 72.38 |
AA | 27.62 |