Rating : ★ ★ ☆ ☆ ☆
Invesco India Banking & PSU Debt Fund - Direct Plan Monthly Dividend Payout
 ÂBanking and PSU Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
0%
Asset Size
169.60 Cr.
(As of 31 Jan, 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.
 
Fund manager
Nitish Sikand
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
6.45% Govt Stock 2029
13.90%
National Highways Authority of India
9.27%
Export-Import Bank of India
6.56%
Nuclear Power Corporation of India Limited
6.27%
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 2 stars by Morning Star Ratings.