Expense ratio, exit load and tax
Expense ratio: 1.86%
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
If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
Education
Mr. Taher Badshah is a B.E (Electronics) and MMS (Finance) from University of Mumbai.
Experience
Prior to joining Invesco Asset Management Pvt. Ltd. he has worked with Motilal Oswal Asset Management Company Ltd., Aditya Birla Sun Life Mutual Fund, Kotak Mahindra and ICICI Prudential AMC.
Managed Schemes
Education
Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.
Experience
Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.
Managed Schemes
Invesco India Liquid Fund Growth
Invesco India Liquid Fund Retail Plan Growth
Invesco India Low Duration Fund Growth
Invesco India Low Duration Retail Plan Growth
Invesco India Corporate Bond Fund Growth
Invesco India Gilt Fund Growth
Invesco India Money Market Fund Plan Growth
Invesco India Money Market Fund Growth
Invesco India Ultra Short Duration Fund Growth
Invesco India Gold ETF FoF Growth
Invesco India Banking and PSU Fund Growth
Invesco India Credit Risk Fund Growth
Invesco India Fixed Maturity Plan Series 30 Plan D Growth
Invesco India Fixed Maturity Plan Series 31 Plan B Growth
Invesco India Aggressive Hybrid Fund Growth
Invesco India Fixed Maturity Plan Series 31 Plan D Growth
Invesco India Fixed Maturity Plan Series 32 Plan B Growth
Invesco India Fixed Maturity Plan Series 32 Plan D Growth
Invesco India Fixed Maturity Plan Series 32 Plan E Growth
Invesco India Fixed Maturity Plan Series 33 Plan B Growth
Invesco India Fixed Maturity Plan Series 33 Plan D Growth
Invesco India Equity Savings Fund Growth
Invesco India Overnight Fund Growth
Invesco India Medium Duration Fund Growth
Invesco India Invesco CoinShares Global Blockchain ETF FoF Growth
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.