Rating : ★ ★ ★ ★ ☆

Invesco India Tax Plan Direct Plan Reinvestment of Income Dist cum Capital Wtdrl

Equity

  

ELSS Fund

NAV

23.38-0.18

(as on 12 May, 2021)

RETURNS

10.85 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

1%

Asset Size

1543.92 Cr.

(As of 30 Apr, 2021)

Benchmark

S&P BSE 200 India TR INR

Riskometer

Investors understand that their principal will be at Very High Risk.

Objective

To generate long term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments.

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Fund manager

Dhimant Kothari

Exit load

N / A

Minimum sip

₹500

Minimum investment

₹500

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

Reliance Industries Ltd Shs Dematerialised

9.00%

HDFC Bank Ltd

8.35%

ICICI Bank Ltd

7.90%

Infosys Ltd

7.23%

Sector Allocation

About the Scheme Type

ELSS or Equity Linked Saving Schemes can help you with a two-fold benefit of saving your taxes and growing your money. ELSSare open-ended Equity Mutual Funds, investments in which qualify for tax exemptions under section 80C of the Income Tax Act of 1961. The scheme invests at least 80% of its total assets in equity and equity-linked instruments and comes with a mandatory lock-in period of 3 years. Returns from ELSS investments over and above 1 lac rupees are subject to LTCG (Long-Term Capital Gains) Tax at 10%.Given that these funds are passively managed, it also reduces the expense ratio and other fees making them cost efficient.

Ratings

This fund is rated 4 stars by Morning Star Ratings.

★ ★ ★ ★ ☆

Overview of Invesco Asset Management (India) Private Ltd

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