Rating : ★ ★ ★ ☆ ☆

Invesco India Banking & PSU Debt Fund Direct Monthly Payout of Income Dist cum Capital Wtdrl

Debt

  

Banking and PSU Fund

NAV

1022.3993 +0.3624

(as on 23 Sep, 2021)

RETURNS

7.26 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0%

Asset Size

241.07 Cr.

(As of 15 Sep, 2021)

Benchmark

CRISIL Short Term Bond Fund TR INR

Riskometer

Investors understand that their principal will be at Moderate Risk.

Objective

To generate returns by investing primarily in debt & Money Market Instruments issued by banks, Public Financial Institutions (PFIs), Public Sector Undertakings (PSUs) and Municipal Bonds.

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Fund manager

Vikas Garg

Exit load

N / A

Minimum sip

₹1000

Minimum investment

₹1000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

7.26% Govt Stock 2029

10.79%

Indian Oil Corporation Limited

8.51%

ICICI Bank Limited

7.57%

NTPC Limited

6.69%

Sector Allocation

About the Scheme Type

Banking and PSU debt funds are generally seen as an alternative for bank deposits with low risk, liquidity and the appetite to generate stable returns. As seen in the past, these funds have an average maturity of about 2 years and invest mostly in AAA rated securities – bank certificates of deposits or bonds / debentures of PSUs. The volatility in their case is relatively lower than long-duration funds and is suited for investors looking for higher returns than bank deposits but at the same time, do not want to be exposed to high risks.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of Invesco Asset Management (India) Private Ltd

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