Invesco India Credit Risk Fund Direct Growth
Debt
Direct
Credit Risk
NAV as on 22-11-2024
₹ 1990.1
Inception Returns
7%
/yr
About Invesco India Credit Risk Fund Direct Growth
Invesco India Credit Risk Fund Direct Growth is a debt fund. This fund was started on 4 September, 2014. The fund is managed by Krishna Cheemalapati, Vikas Garg. This fund is suitable to keep your money safe.
Key Parameters
- Invesco India Credit Risk Fund Direct Growth has ₹142 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Invesco India Credit Risk Fund Direct Growth has given a CAGR return of 6.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.47%, 8.02% and 7.50% respectively.
Holdings
Invesco India Credit Risk Fund Direct Growth has allocated its funds majorly in Consumer Cyclical, Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.18% Govt Stock 2037, JSW Steel Limited, HDFC Credila Financial Services Limited, Aadhar Housing Finance Ltd. 8.65%
Taxation
As it is a credit risk mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Invesco India Credit Risk Fund Direct Growth
To generate accrual income and capital appreciation by investing in debt securities of varying maturities across the credit spectrum.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Invesco India Credit Risk Fund Direct Growth has no lock in period.
Historical NAV & Returns
Invesco India Credit Risk Fund Direct Growth Overview
| Expense ratio | 0.28% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹142 Cr |
| Inception Date | 4 September, 2014 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
Exit Load | 4.0% |
| Lock In | No Lock-in |
TurnOver | 153.25% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 142.1 Cr as of Oct'24
- AUM increased by 0.3 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Consumer Cyclical, Government & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Sintex Industries Ltd | 0.05% | 0% |
Mutual Fund Insights
Invesco India Credit Risk Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹142 Cr
Expense Ratio 0.28%
Frequently Asked Questions for Invesco India Credit Risk Fund Direct Growth
Invesco India Credit Risk Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.48% | 0.48% |
6 Month Returns | 4.13% | 4.13% |
1 Year Returns | 8.47% | 8.47% |
3 Years Returns | 26.05% | 8.02% |
5 Years Returns | 43.54% | 7.5% |
- 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 | 50.23 |
AA | 49.77 |