Rating : ★ ★ ★ ☆ ☆

Invesco India Credit Risk Fund Direct Monthly Dividend Payout

Debt

  

Credit Risk Fund

NAV

1063.1432 +0.131

(as on 18 Sep, 2020)

RETURNS

2.49 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Investment Plan

0%

Benchmark

CRISIL Com AA Short Term Bond PR INR

Asset Size

146.51 Cr.

(As of 31 Aug, 2020)

Risk

Moderate

Objective

To generate accrual income and capital appreciation by investing in debt securities of varying maturities across the credit spectrum.

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Fund manager

Nitish Sikand

Exit load

1 %

(If redeemed within 365 days)

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

Housing Development Finance Corporation Limited

8.58%

National Housing Bank

7.22%

Housing and Urban Development Corporation Limited

7.18%

Inox Air Products Limited

7.17%

Sector Allocation

About the Scheme Type

Credit Risk Funds need to have at least 65% of their investmentin lower rated securities such as those having AA-, A+, A-, BBB, etc. The maturity period of these papers is usually 1 – 3 years, unlike long maturity bonds. The interest rates offered by such companies is higher and earning scope arises when their ratings go up, offering a benefit of capital gains. They, at times,pose as an attractive investment option as they have the potential to give 2 – 3% higher returns than risk-free papers.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of Invesco Asset Management (India) Private Ltd

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