Invesco India Gilt Fund Direct Growth

Invesco India Gilt Fund Direct Growth

Debt

Direct

Government Bond

NAV as on 20-12-2024

₹ 3004.2

-0.4%

1D

Inception Returns

7.6%

/yr

About Invesco India Gilt Fund Direct Growth

Invesco India Gilt 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

  1. Invesco India Gilt Fund Direct Growth has ₹1530 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Invesco India Gilt Fund Direct Growth has given a CAGR return of 7.65% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.55%, 6.94% and 6.54% respectively.

Holdings

Invesco India Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 7.09% Govt Stock 2054, 7.3% Govt Stock 2053, 7.18% Govt Stock 2037, 6.79% Govt Stock 2034

Taxation

As it is a government bond 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 Gilt Fund Direct Growth

To generate returns by investing predominantly in a portfolio of securities issued and guaranteed by Central and State Government across maturities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Invesco India Gilt Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
21 people have invested ₹ 14.4L in Invesco India Gilt Fund Direct Growth in the last three months

Invesco India Gilt Fund Direct Growth Overview

Expense ratio0.46%
Benchmark
ICICI Securities Mibex TR INR
AUM₹1530 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
525.48%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (20-Dec-24)

Period
Invesco India Gilt Fund Direct Growth
Government Bond Index
1M
0.6%
0.6%
3M
0.7%
0.9%
6M
3.9%
3.9%
1Y
10.6%
8.7%
3Y
6.9%
5.9%
5Y
6.5%
6.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Nov'24

Oct'24

Sep'24

Government
88.8%
Cash Equivalent
11.2%
All changes are between Oct'69 and Dec'69
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 1.4K Cr
₹ 1.1K Cr
₹ 1.2K Cr
  • AUM of the fund stands at 1.4K Cr as of Nov'24
  • AUM increased by 248.4 Cr between Nov'24 and Oct'24
Cash allocation has gone down from 5.9% to 5%
Cash allocation has gone down from 5.9% to 5%
Debt allocation has gone up from 94.1% to 95%
Debt allocation has gone up from 94.1% to 95%

Top Sector in November was Government

Nov'24
Government
89%
Oct'24
Government
97%
  • Debt & Cash

Holdings
Weight%
1M Change
7.34% Govt Stock 2064
7.34% Govt Stock 2064
23.45%
27%
7.09% Govt Stock 2054
7.09% Govt Stock 2054
21.97%
9.3%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
21.03%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
6.81%
-21.7%
6.79% Govt Stock 2034
6.79% Govt Stock 2034
5.56%
58139.5%
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Krishna Cheemalapati
Krishna Cheemalapati
Fund Manager of Invesco India Gilt Fund Direct Growth, since 27 July 2021
Vikas Garg
Vikas Garg
Fund Manager of Invesco India Gilt Fund Direct Growth, since 26 September 2020
Fund House
Invesco Asset Management (India) Private Ltd
Total AUM
₹1.08L Cr
as on 29-Nov-2024
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

Insights icon
In the last 5 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 8.17% return, outperforming this fund by 1.62% per annum.
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In the last 3 years, SBI Magnum Gilt Fund Direct Growth has given 7.36% return, outperforming this fund by 0.41% per annum.
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This fund has one of the lowest expense ratio in the category (government bond). Its expense ratio is 0.46% which is lower than the category average expense ratio of 0.8%.
Insights icon
In the last 1 year, Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth has given 11.09% return, outperforming this fund by 0.53%.
Insights icon
Over the last 6 months, this fund has experienced a 171.1% growth in AUM moving from 499.61 Cr to 1.35K Cr.

Invesco India Gilt Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.65% since inception which is more than its category average return of 6.92%
AUM size ₹1530 Cr

AUM size ₹1530 Cr

This fund has AUM of ₹1530 Cr which is less than its category average of ₹ 1986 Cr
Expense Ratio 0.46%

Expense Ratio 0.46%

This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 0.88%

Frequently Asked Questions for Invesco India Gilt Fund Direct Growth

The current NAV of Invesco India Gilt Fund Direct Growth is ₹3004.2 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Invesco India Gilt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.62%
0.62%
6 Month Returns
3.91%
3.91%
1 Year Returns
10.55%
10.55%
3 Years Returns
22.31%
6.94%
5 Years Returns
37.3%
6.54%
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.
0.46% as on November 2024
₹1530 Cr as on November 2024
7.34% Govt Stock 2064(23.45%), 7.09% Govt Stock 2054(21.97%), 7.3% Govt Stock 2053(21.03%), 7.18% Govt Stock 2037(6.81%), 6.79% Govt Stock 2034(5.56%) as on November 2024
Yield to Maturity is 7.09 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 11.05 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Krishna Cheemalapati, Vikas Garg are the fund managers of Invesco India Gilt Fund Direct Growth
The Exit load of Invesco India Gilt Fund Direct Growth is 0%