Rating : ★ ★ ★ ★ ☆
Invesco India Tax Plan Dividend Payout
 ÂELSS Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
2%
Asset Size
1766.28 Cr.
(As of 31 May, 2022)
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.
 
Fund manager
Amit Nigam
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
ICICI Bank Ltd
7.27%
Infosys Ltd
6.99%
Reliance Industries Ltd
6.56%
Housing Development Finance Corp Ltd
6.02%
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.