Invesco India Technology Fund Direct Growth
Equity
Direct
Sector - Technology
NAV as on 26-11-2024
₹ 10.23
▲1.3%
1D
Inception Returns
1.6%
/yr
About Invesco India Technology Fund Direct Growth
Invesco India Technology Fund Direct Growth is an equity fund. This fund was started on 23 September, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Technology Fund Direct Growth has ₹292 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
Invesco India Technology Fund Direct Growth has given a CAGR return of 1.60% since inception.
Holdings
Invesco India Technology Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Communication, Financial Services, Industrial, Health. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, Bharti Airtel Ltd, Brainbees Solutions Ltd, Persistent Systems Ltd
Taxation
As it is a sector - technology mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Invesco India Technology Fund Direct Growth
To generate capital appreciation by investing in equity and equity related instruments of companies in the technology and technology related sectors, companies focused on driving transformative innovations across technology, automation, robotics, artificial intelligence, cloud computing and other technology companies including those benefitting from the increased digital adoption.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Invesco India Technology Fund Direct Growth has no lock in period.
Historical NAV & Returns
Invesco India Technology Fund Direct Growth Overview
| Expense ratio | 0.77% |
Benchmark | S&P BSE IT |
| AUM | ₹292 Cr |
| Inception Date | 23 September, 2024 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Redeeming 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 |
Trailing Returns
as on (26-Nov-24)
Fund Distribution
as on (31-Oct-24)
Top Growth Drivers | 1M Return |
|---|---|
 GE Vernova T&D India Ltd | 15.2% |
 Netweb Technologies India Ltd | 12.7% |
 Coforge Ltd | 11.8% |
Invesco India Technology Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹292 Cr
Expense Ratio 0.77%
Frequently Asked Questions for Invesco India Technology Fund Direct Growth
Invesco India Technology Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.21% | 4.21% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Technology Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Technology Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Invesco India Technology Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Invesco India Technology Fund Direct Growth | - | - | - |