Overview
Invesco India ELSS Tax Saver Fund Direct Growth
Invesco Mutual Fund
The scheme aims to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. It intends to invest across market capitalisation sectors utilizing bottom up approach. It will aim to have concentrated well researched portfolio, which would be around 20 - 50 stocks.
Investments in Invesco India ELSS Tax Saver Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 141.06
Fund Size (AUM)
₹2638.11 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 500
SIP: ₹500
Launch Date
01-Jan-2013
Expense Ratio
0.8%
Exit Load
Nil
Benchmark
BSE 500 Total Return Index
Standard Deviation
15.53
History
Performance & Ratios
1-Year SIP Return
-4.65%
3-Year SIP Return
17.35%
5-Year SIP Return
17.36%
Mean Return
12.51%
Alpha
0.14
Beta
1.0
Sharpe Ratio
0.51
Sortino Ratio
0.75
Information Ratio
0.02
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 12.18% | 16.01% | 24.43% | 18.07% |
| Category Average | 8.98% | 15.47% | 24.59% | N/A |
| Rank Within Category | 18 | 17 | 26 | N/A |
Holdings (60)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.02% |
| Axis Bank Ltd. | Financial | Equity | 4.06% |
| ICICI Bank Ltd. | Financial | Equity | 3.67% |
| Bajaj Finance Ltd. | Financial | Equity | 2.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.6% |
| PTC Industries Ltd. | Metals & Mining | Equity | 2.53% |
| Metro Brands Ltd. | Consumer Staples | Equity | 2.49% |
| Infosys Ltd. | Technology | Equity | 2.44% |
| Eicher Motors Ltd. | Automobile | Equity | 2.39% |
| LTIMindtree Ltd. | Technology | Equity | 2.27% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| SBI Long Term Equity Fund Direct Plan Growth | 27730.33 | 10.73 | 23.93 | 0.95 | N/A |
| Motilal Oswal ELSS Tax Saver Fund Direct Growth | 3816.77 | 12.31 | 23.88 | 0.7 | N/A |
| HDFC ELSS Tax Saver Fund Direct Plan Growth | 15555.71 | 17.21 | 22.66 | 1.11 | N/A |
| Parag Parikh ELSS Tax Saver Fund Direct Growth | 4905.72 | 16.5 | 18.89 | 0.63 | N/A |
| Quantum ELSS Tax Saver Fund Direct Growth | 209.18 | 13.07 | 18.26 | 0.89 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 500
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Not Available
AMC Details
Asset Management Company
Invesco Mutual Fund
Invesco Mutual Fund started their mutual fund on 24/07/2006 and its managing total assets of ₹25,182 Cr. Its ranked at 16 as per total assets at end of 30th Sep 2017. Invesco Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Invesco Asset Management Private Limited targets to fulfill the needs of the domestic and international market through mutual funds and boasts of a management team that believes to create optimum results for investors. Invesco provides aims to provide excellent financial service to its investors by making sustainable business models, which has helped the company to scale up in the past.
Being one of the best investment management firm, it has an asset under management of USD 934.2 billion. It has dedicated team of professionals who analyze the market with precision,in order to take the right financial decisions.
Invesco believes in having a dynamic outlook in a fast-changing financial world. It offers a wide array of funds, ranging across various market capitalization and categories and they cater to clients in more than 120 countries.
Launch Date
2006-07-24T00:00:00.609Z
Total AUM
₹ 104548.41 Cr
Address
2101 - A-A Wing - 21st Floor,Marathon Futurex,N.M. Joshi Marg, Lower Parel, Mumbai 400013
Phone
022-67310000 / 1800-209-0007
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Invesco India ELSS Tax Saver Fund Direct Growth
Invesco Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Invesco India ELSS Tax Saver Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Invesco India ELSS Tax Saver Fund Direct Growth?
The top stocks held by Invesco India ELSS Tax Saver Fund Direct Growth include HDFC Bank Ltd., Axis Bank Ltd., ICICI Bank Ltd..
Which industries does Invesco India ELSS Tax Saver Fund Direct Growth invest in?
Invesco India ELSS Tax Saver Fund Direct Growth primarily invests in the following industries: Financial, Technology, Metals & Mining.
Who are the fund managers of Invesco India ELSS Tax Saver Fund Direct Growth?
The fund managers of Invesco India ELSS Tax Saver Fund Direct Growth are Amit Nigam and Dhimant Kothari.
How many years has the fund manager been managing Invesco India ELSS Tax Saver Fund Direct Growth?
Amit Nigam:
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Dhimant Kothari:
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What is the minimum investment for Invesco India ELSS Tax Saver Fund Direct Growth?
The minimum investment for Invesco India ELSS Tax Saver Fund Direct Growth is ₹500 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Invesco India ELSS Tax Saver Fund Direct Growth?
Calculating...
What are the average 3-year returns for Invesco India ELSS Tax Saver Fund Direct Growth?
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What is the expense ratio of Invesco India ELSS Tax Saver Fund Direct Growth, and how does it compare to its category?
The expense ratio of Invesco India ELSS Tax Saver Fund Direct Growth is 0.8%. The average expense ratio for similar funds in the Equity is Calculating....