Invesco India Arbitrage Fund Direct Plan Growth Option
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 31.71 as on 16-05-2024
About the Fund
Invesco India Arbitrage Fund Direct Plan Growth Option is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Deepak Gupta. This fund gives you the benefit of diversification.
Key Parameters
- Invesco India Arbitrage Fund Direct Plan Growth Option has ₹15281 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
545 people have invested ₹ 17.1Cr in Invesco India Arbitrage Fund Direct Plan Growth Option in the last three months
Overview
 | 0.37% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹15281 Cr |
 | 1 January, 2013 |
 | ₹1000/₹500 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 790.22% |
Invesco India Arbitrage Fund Direct Plan Growth Option Distribution as on (30-Apr-24)
Credit rating breakup
AA
73.2%
AAA
26.8%
Sector Allocation
Cash Equivalent
89.4%
Corporate
7.4%
Government
3.2%
Top Holdings of Invesco India Arbitrage Fund Direct Plan Growth Option as on (30-Apr-24)
Equity Holdings153
Debt Holdings13
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 15.3K Cr as of Apr'24
- AUM decreased by 2.4K Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 3 years, this fund has outperformed all funds in its category.
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.37% which is lower than the category average expense ratio of 0.7%.
Over the last 1 month, this fund has experienced a 13.8% drop in AUM moving from 17.72K Cr to 15.28K Cr.
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.52% return, outperforming this fund by 0.13%.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.14% return, outperforming this fund by 0.06% per annum.
Over the last 6 months, this fund has decreased expense ratio by 2.6% moving from 0.38 to 0.37.
Peer Analysis
Fund Manager
Deepak Gupta
Fund Manager of Invesco India Arbitrage Fund Direct Plan Growth Option, since 11 November 2021
Top funds managed
Invesco India Arbitrage Fund Direct Plan Growth Option Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 6.9% since inception which is more than its category average return of 5.19%
AUM size ₹15281 Cr
This fund has AUM of ₹15281 Cr which is more than its category average of ₹ 6327 Cr
Expense Ratio 0.37%
This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of Invesco India Arbitrage Fund Direct Plan Growth Option is ₹31.71 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Invesco India Arbitrage Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 4.12% | 4.12% |
1 Year Returns | 8.39% | 8.39% |
3 Years Returns | 21.09% | 6.59% |
5 Years Returns | 34.33% | 6.08% |
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.
0.37% as on April 2024
₹15281 Cr as on April 2024
Invesco India Liquid Dir Gr(10.93%), HDFC Bank Ltd(8.04%), Invesco India Money Market Dir Gr(4.87%), Reliance Industries Ltd(4.24%), Tata Consultancy Services Ltd(4.24%) as on April 2024
Cash Equivalent(89.79%), Corporate(7.42%), Government(3.17%) as on April 2024
AA | 73.16 |
AAA | 26.84 |
Deepak Gupta is the fund manager of Invesco India Arbitrage Fund Direct Plan Growth Option
The Exit load of Invesco India Arbitrage Fund Direct Plan Growth Option is 0.5%