Invesco India ELSS Tax Saver Fund Direct Growth
NAV as on 15-04-2025
₹ 136.28
▲3.1%
1D
Inception Returns
17%
/yr
Historical NAV & Returns
Absolute
▲
▼
1178 people have invested ₹ 34.1L in Invesco India ELSS Tax Saver Fund Direct Growth in the last three months
About Invesco India ELSS Tax Saver Fund Direct Growth
Invesco India ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Amit Nigam, Dhimant Kothari. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India ELSS Tax Saver Fund Direct Growth has ₹2638 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
Invesco India ELSS Tax Saver Fund Direct Growth has given a CAGR return of 17.03% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.63%, 14.44% and 23.76% respectively.
Holdings
Invesco India ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Consumer Defensive, Basic Materials, Energy, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, Axis Bank Ltd, ICICI Bank Ltd, Tata Consultancy Services Ltd, Bajaj Finance Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Invesco India ELSS Tax Saver Fund Direct Growth
To generate long term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Invesco India ELSS Tax Saver Fund Direct Growth of 3 Years
Invesco India ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 0.8% |
Benchmark | BSE 500 India TR INR |
| AUM | ₹2638 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 89.98% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Invesco India ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
20
/23
39% Performance
33% Risk Management
53% Cost
20 out of 23 among elss (tax savings)
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk
Trailing Returns
as on (15-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
49.2%
Mid cap
28.7%
Small cap
21.7%
Sector Allocation
Financial Services
25%
Consumer Cyclical
17.5%
Industrial
16.6%
Tech
11.4%
Health
9.8%
Consumer Defensive
6.1%
Basic Materials
5.3%
Energy
3.2%
Communication
2.2%
Utilities
1.9%
Real Estate
1%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 6.76% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 0.49% in Mar'25
- AUM of the fund stands at 2.6K Cr as of Mar'25
- AUM increased by 155.3 Cr between Mar'25 and Feb'25
Top Stocks bought last month
PTC Industries Ltd's allocation increased from 1.86% to 2.53%
Bajaj Finance Ltd's allocation increased from 2% to 2.6%
Jyoti CNC Automation Ltd's allocation increased from 1.43% to 1.78%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.06 % to 7.02 %
ICICI Bank Ltd's allocation decreased from 4.09 % to 3.67 %
Tata Consultancy Services Ltd's allocation decreased from 2.67 % to 2.6 %
Large Cap allocation has gone down from 49.7% to 49.2%
Small Cap allocation has gone up from 21.4% to 21.7%
Mid Cap allocation has gone up from 28.1% to 28.7%
Cash allocation has gone down from 0.8% to 0.4%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Industrial
Mar'25
Financial Services
25%
Consumer Cyclical
17%
Industrial
17%
Feb'25
Financial Services
25%
Consumer Cyclical
17%
Industrial
16%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.02% | 0% | |
 Axis Bank Ltd | 4.06% | 0% | |
 ICICI Bank Ltd | 3.67% | -14.8% | |
 Tata Consultancy Services Ltd | 2.6% | 0% | |
 Bajaj Finance Ltd | 2.6% | 31.3% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Invesco India ELSS Tax Saver Fund Direct Growth | 7.63% | 14.44% | 23.76% | 17.03% |
 LIC MF ELSS Tax Saver -Direct Plan Growth Option | 15.13% | 14.83% | 23.27% | 14.89% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 14.7% | 18.07% | 28.54% | 17.93% |
 SBI Long Term Equity Fund Direct Growth | 7.1% | 22.59% | 30.06% | 16.38% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 PTC Industries Ltd | 7.4% |
 HDFC Bank Ltd | 5.6% |
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Amit Nigam
Fund Manager of Invesco India ELSS Tax Saver Fund Direct Growth, since 3 September 2020
Top funds managed
Dhimant Kothari
Fund Manager of Invesco India ELSS Tax Saver Fund Direct Growth, since 29 March 2018
Top funds managed
Fund House
Invesco Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.07L Cr
as on 31-Mar-2025
Address
Religare Invesco Asset Management Company Private Limited,3rd Floor, GYS Infinity,,Paranjpe 'B' Scheme, Subhash Road,,Vile Parle (East),
Phone
+912267310000
Website
services@religaremf.com
Mutual Fund Insights
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 0.8% which is lower than the category average expense ratio of 1.29%.
In the last 1 year, LIC MF ELSS Tax Saver -Direct Plan Growth Option has given 15.13% return, outperforming this fund by 7.5%.
Over the last 1 year, this fund has increased expense ratio by 9.6% moving from 0.73 to 0.80.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 36.01% return, outperforming this fund by 12.25% per annum.
Over the last 6 months, this fund has experienced a 13.7% drop in AUM moving from 3.05K Cr to 2.63K Cr.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 22.59% return, outperforming this fund by 8.16% per annum.
Invesco India ELSS Tax Saver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.03% since inception which is more than its category average return of 14.48%
Fund Allocations
This fund has an allocation of 99.56% in Equity, 0% in Debt and 0.44% in Cash related instruments
AUM size ₹2638 Cr
This fund has AUM of ₹2638 Cr which is less than its category average of ₹ 4910 Cr
Expense Ratio 0.8%
This fund has an expense ratio of 0.8% which is less than its category average expense ratio of 1.4%
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5Y CAGR
▲ 30.42
5Y CAGR
▲ 35.96
5Y CAGR
▲ 31.60
5Y CAGR
▲ 27.15
Frequently Asked Questions for Invesco India ELSS Tax Saver Fund Direct Growth
The current NAV of Invesco India ELSS Tax Saver Fund Direct Growth is ₹136.28 as on 15-Apr-2025.
Existing (Absolute + CAGR) as on 15-Apr-2025.
Invesco India ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.84% | 5.84% |
6 Month Returns | -11.2% | -11.2% |
1 Year Returns | 7.63% | 7.63% |
3 Years Returns | 49.86% | 14.44% |
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0.8% as on March 2025
₹2638 Cr as on March 2025
HDFC Bank Ltd(7.02%), Axis Bank Ltd(4.06%), ICICI Bank Ltd(3.67%), Tata Consultancy Services Ltd(2.6%), Bajaj Finance Ltd(2.6%) as on March 2025
Financial Services(24.91%), Consumer Cyclical(17.39%), Industrial(16.54%) as on March 2025
The alpha ratio for the Invesco India ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India ELSS Tax Saver Fund Direct Growth | 3.42 | 0.16 | -0.58 |
As on March 2025
The alpha for Invesco India ELSS Tax Saver Fund Direct Growth is calculated against BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Invesco India ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India ELSS Tax Saver Fund Direct Growth | 1.08 | 0.99 | 0.96 |
As on March 2025
The Beta for Invesco India ELSS Tax Saver Fund Direct Growth is calculated with BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Invesco India ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Invesco India ELSS Tax Saver Fund Direct Growth | 0.2 | 0.5 | 1.14 |
As on March 2025
The sharpe ratio for Invesco India ELSS Tax Saver Fund Direct Growth is calculated with BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Invesco India ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Invesco India ELSS Tax Saver Fund Direct Growth | 18.84 | 15.53 | 15.76 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.75 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Amit Nigam, Dhimant Kothari are the fund managers of Invesco India ELSS Tax Saver Fund Direct Growth
The Exit load of Invesco India ELSS Tax Saver Fund Direct Growth is 0%