Invesco India Banking & PSU Debt Fund Direct Growth
DebtBanking & PSUModerate Risk
Direct
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹101 Cr
Expense Ratio
0.25%
ISIN
INF205K01KT4
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹2267.42, Assets Under Management (AUM) of 100.74 Crores, and an expense ratio of 0.25%.
- Invesco India Banking & PSU Debt Fund Direct Growth has given a CAGR return of 7.22% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 90.57% in debts, and 9.09% in cash & cash equivalents.
- You can start investing in Invesco India Banking & PSU Debt Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.35%
+6.68% (Cat Avg.)
3 Years
+5.11%
+5.14% (Cat Avg.)
5 Years
+6.00%
+5.86% (Cat Avg.)
10 Years
+6.98%
+6.28% (Cat Avg.)
Since Inception
+7.22%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Debt | ₹91.24 Cr | 90.57% |
| Others | ₹9.5 Cr | 9.43% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹10.36 Cr | 10.30% |
| ICICI Bank Limited | Bond - Corporate Bond | ₹9.64 Cr | 9.59% |
| National Bank for Agriculture and Rural Development 7.68% | Bond - Gov't Agency Debt | ₹8.05 Cr | 8.00% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹7.98 Cr | 7.93% |
| Triparty Repo | Cash - Repurchase Agreement | ₹5.87 Cr | 5.83% |
| Bank Of Baroda | Bond - Corporate Bond | ₹5.12 Cr | 5.09% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹5.11 Cr | 5.08% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹5.09 Cr | 5.06% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.08 Cr | 5.05% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹5.08 Cr | 5.05% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹5.06 Cr | 5.03% |
| Hindustan Petroleum Corporation Limited | Bond - Corporate Bond | ₹5.04 Cr | 5.01% |
| National Bank For Financing Infrastructure And Development | Bond - Corporate Bond | ₹5.03 Cr | 5.00% |
| National Highways Authority Of India | Bond - Corporate Bond | ₹5.02 Cr | 4.99% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.01 Cr | 4.98% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹4.43 Cr | 4.41% |
| Net Receivables / (Payables) | Cash | ₹3.27 Cr | 3.25% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹0.34 Cr | 0.34% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹67.78 Cr | 67.38% |
| Bond - Gov't/Treasury | ₹15.29 Cr | 15.19% |
| Bond - Gov't Agency Debt | ₹8.05 Cr | 8.00% |
| Cash - Repurchase Agreement | ₹5.87 Cr | 5.83% |
| Cash | ₹3.27 Cr | 3.25% |
| Mutual Fund - Open End | ₹0.34 Cr | 0.34% |
Risk & Performance Ratios
Standard Deviation
This fund
1.92%
Cat. avg.
1.51%
Lower the better
Sharpe Ratio
This fund
-0.39
Cat. avg.
-0.61
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.54
Higher the better
Fund Managers
Krishna Cheemalapati
Since December 2020
Vikas Garg
Since September 2020
Additional Scheme Detailsas of 31st August 2024
ISIN | INF205K01KT4 | Expense Ratio | 0.25% | Exit Load | No Charges | Fund Size | ₹101 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Banking & PSU Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Banking & PSU Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹13887.95 Cr | 7.7% |
| Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹13887.95 Cr | 7.4% |
| Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹593.99 Cr | 7.5% |
| Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹593.99 Cr | 7.9% |
| PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹45.38 Cr | 6.8% |
| PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹45.38 Cr | 6.6% |
| Canara Robeco Banking and PSU Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹238.21 Cr | 7.3% |
| Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹238.21 Cr | 7.6% |
| Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹207.53 Cr | 7.0% |
| Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹207.53 Cr | 6.5% |
About the AMC
Total AUM
₹95,795 Cr
Address
Unit No: 2101 A, 21st floor, A – Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai – 400 013 Maharashtra, India
Other Funds by Invesco Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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Who manages the Invesco India Banking & PSU Debt Fund Direct Growth?
- Krishna Cheemalapati
- Vikas Garg
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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