Invesco India Banking & PSU Fund Direct Growth
NAV as on 15-04-2025
₹ 2394.52
▲0.1%
1D
Inception Returns
7.3%
/yr
Historical NAV & Returns
About Invesco India Banking & PSU Fund Direct Growth
Invesco India Banking & PSU Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Krishna Cheemalapati, Vikas Garg. This fund is suitable to keep your money safe.
Key Parameters
- Invesco India Banking & PSU Fund Direct Growth has ₹102 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Invesco India Banking & PSU Fund Direct Growth has given a CAGR return of 7.33% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.48%, 7.04% and 6.80% respectively.
Holdings
Invesco India Banking & PSU Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are National Bank for Agriculture and Rural Development 7.68%, Indian Railway Finance Corporation Limited, Small Industries Development Bank Of India, 7.18% Govt Stock 2037, 7.18% Govt Stock 2033
Taxation
As it is a banking & psu mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Invesco India Banking & PSU Fund Direct Growth
To generate returns by investing primarily in debt & Money Market Instruments issued by banks, Public Financial Institutions (PFIs), Public Sector Undertakings (PSUs) and Municipal Bonds.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Invesco India Banking & PSU Fund Direct Growth has no lock in period.
Invesco India Banking & PSU Fund Direct Growth Overview
| Expense ratio | 0.25% |
Benchmark | NIFTY Banking & PSU Debt TR INR |
| AUM | ₹102 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 84.73% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (15-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 101.7 Cr as of Mar'25
- AUM increased by 1.5 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Government, Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank for Agriculture and Rural Development 7.68% | 8% | 0% | |
Indian Railway Finance Corporation Limited | 7.94% | 0% | |
Small Industries Development Bank Of India | 7.87% | 0% | |
7.18% Govt Stock 2037 | 5.12% | 0% | |
7.18% Govt Stock 2033 | 5.09% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Invesco India Banking & PSU Fund Direct Growth | 9.48% | 7.04% | 6.8% | 7.33% |
 DSP Banking & PSU Debt Fund Direct Growth | 9.76% | 7.43% | 6.99% | 8.11% |
 Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth | 9.43% | 7.39% | 7.26% | 8.53% |
 ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth | 9.17% | 7.8% | 7.54% | 8.26% |
Mutual Fund Insights
Invesco India Banking & PSU Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹102 Cr
Expense Ratio 0.25%
More funds from Invesco
5Y CAGR
▲ 6.73
5Y CAGR
▲ 8.34
3Y CAGR
▲ 7.40
5Y CAGR
▲ 6.98
Frequently Asked Questions for Invesco India Banking & PSU Fund Direct Growth
Invesco India Banking & PSU Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.04% | 2.04% |
6 Month Returns | 4.46% | 4.46% |
1 Year Returns | 9.48% | 9.48% |
3 Years Returns | 22.64% | 7.04% |
- 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.
AAA | 100 |