Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl

Hybrid
Direct
Equity Savings
Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl

About the Fund

Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl is a hybrid fund. This fund was started on 7 March, 2019. The fund is managed by Krishna Cheemalapati, Dhimant Kothari, Amit Nigam. This fund gives you the benefit of diversification.

Key Parameters

  1. Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl has ₹177 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl has given a CAGR return of 10.95% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.73%, 11.35% and 10.97% respectively.

Holdings

Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Government, Consumer Defensive, Industrial, Consumer Cyclical, Basic Materials, Corporate, Tech, Real Estate, Utilities.

Taxation

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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl

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 and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.89%
Benchmark
Benchmark
NIFTY Equity Savings TR INR
AUM
AUM
₹177 Cr
Inception Date
Inception Date
7 March, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
92.79%

Fund Distribution
as on (31-May-24)

  • Equity 34.6%

  • Debt & Cash 65.4%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
31.9%
Health
18.7%
Consumer Defensive
13.7%
Industrial
11.6%
Consumer Cyclical
9.1%
Basic Materials
8%
Tech
4.8%
Real Estate
1.3%
Utilities
0.9%
All changes are between Oct'69 and Dec'69

Krishna Cheemalapati
Krishna Cheemalapati
Fund Manager of Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl, since 7 March 2019
Dhimant Kothari
Dhimant Kothari
Fund Manager of Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl, since 19 May 2020
Amit Nigam
Amit Nigam
Fund Manager of Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl, since 3 September 2020

Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.95% since inception which is more than its category average return of 8.2%
Fund Allocations

Fund Allocations

This fund has an allocation of 34.62% in Equity, 13.82% in Debt and 51.55% in Cash related instruments
AUM size ₹177 Cr

AUM size ₹177 Cr

This fund has AUM of ₹177 Cr which is less than its category average of ₹ 1321 Cr
Expense Ratio 0.89%

Expense Ratio 0.89%

This fund has an expense ratio of 0.89% which is less than its category average expense ratio of 1.13%

Frequently Asked Questions

The current NAV of Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl is ₹17.3 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl
Absolute Returns
CAGR Returns
1 Month Returns
4.74%
4.74%
6 Month Returns
11.95%
11.95%
1 Year Returns
22.73%
22.73%
3 Years Returns
38.07%
11.35%
5 Years Returns
68.31%
10.97%
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.
0.89% as on May 2024
₹177 Cr as on May 2024
Sun Pharmaceuticals Industries Ltd(7.12%), United Spirits Ltd(6.71%), HDFC Bank Ltd(5.88%), State Bank of India(4.94%), Invesco India Liquid Dir Gr(3.38%) as on May 2024
Cash Equivalent(50.86%), Government(11.4%), Financial Services(11.05%) as on May 2024
AAA
100
Krishna Cheemalapati, Dhimant Kothari, Amit Nigam are the fund managers of Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl
The Exit load of Invesco India Equity Savings Fund Direct Reinvestment of Income Dist cum Capital Wtdrl is 0.25%