Holdings (34)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 20.79% |
| HDFC Bank Ltd. | Financial | Equity | 19.61% |
| Axis Bank Ltd. | Financial | Equity | 5.61% |
| State Bank of India | Financial | Equity | 4.96% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 4.11% |
| Karur Vysya Bank Ltd. | Financial | Equity | 3.15% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 3.13% |
| HDFC Asset Management Company Ltd. | Financial | Equity | 2.74% |
| Shriram Finance Ltd | Financial | Equity | 2.62% |
| PB Fintech Ltd. | Services | Equity | 2.6% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 17.98% | 28.74% | 26.28% | 15.58% |
| Category Average | 11.24% | 22.04% | 24.28% | NA% |
| Rank Within Category | 7.00% | 1.00% | 3.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.87%
Inclusive of GST
Exit load
Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
Education
Mr. Kothari is a Chartered Accountant and holds a Commerce degree.
Experience
In his last assignment, he was working as Senior Manager – Research with Credit Analysis and Research Ltd., His other assignments include Lotus India Asset Management and CRISIL Ltd.
Managed Schemes
Invesco India Balanced Advantage Fund Direct Growth
Invesco India Financial Services Fund Direct Growth
Invesco India PSU Equity Fund Direct Growth
Invesco India Multicap Fund Direct Growth
Invesco India ELSS Tax Saver Fund Direct Growth
Invesco India Aggressive Hybrid Fund Direct Growth
Invesco India Equity Savings Fund Direct Growth
Education
Mr. Jain has done BE, CFA and MBA (Finance)
Experience
Prior to joining Invesco India Mutual Fund, he has worked with CRISIL Limited and Dunia Finance LLC Dubai.