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NAV as of ( Sep 09, 2022 )

91.14 0.07 % 1-D Change

17.05% p.a.

You get upto 1.27% extra returns

ET Money's Fund Report Card - Invesco India Tax Plan Fund

ET Money Rank

18

Out of 26

ranking
Performance Quality info

Poor drop-arrow

Generated returns consistently

2/5

Increased returns for each unit of additional risk info

2/5

Downside Protection info

Good drop-arrow

Controlled losses during market corrections

2/5

Delivered returns without frequent ups and downs

3/5

Minimum SIP amount is ₹
Minimum Lumpsum amount is ₹

By continuing, I agree to the Declaration and T&Cs.

none buyable frame

Fresh Investments closed in this fund!

This fund is no longer available to invest

This fund vs
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Scheme Details

ET Money Rank 18 Out of 26
VRO Rating 3
Expense ratio 0.85%  As on Jul 31, 2022
Exit Load 0%
AUM (Fund Size) 1,903 Crs
Lock-in 3 Years
Age 9 yrs 8 m Since Jan 01, 2013
Benchmark S&P BSE 500 TRI
Min. Investment

SIP 500  &

Lumpsum 500

About Invesco India Tax Plan Fund

Invesco India Tax Plan Direct-Growth is a ELSS mutual fund scheme from Invesco Mutual Fund . This fund has been in existence for 9 yrs 8 m, having been launched on 01/01/2013. Invesco India Tax Plan Direct-Growth has ₹1,903 Crores worth of assets under management (AUM) as on 30/06/2022 and is medium-sized fund of its category. The fund has an expense ratio of 0.85%, which is less than what most other Elss funds charge.
  • Invesco India Tax Plan Direct-Growth returns of last 1-year are -1.12%. Since launch, it has delivered 17.06% average annual returns. The fund has doubled the money invested in it every 3 yrs.
  • Invesco India Tax Plan Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
  • The fund has the majority of its money invested in Financial, Automobile, Technology, Energy, Services sectors. It has taken less exposure in Financial, Automobile sectors compared to other funds in the category.
  • The fund's top 5 holdings are in Housing Development Finance Corpn. Ltd., ICICI Bank Ltd., Infosys Ltd., Reliance Industries Ltd., Kotak Mahindra Bank Ltd..
.....
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Total value Profit
This fund
Category Average
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Latest Asset & Portfolio Allocation

as on Aug 31, 2022
Allocation by Market Cap

Large Cap 66.78%

Mid Cap 20.22%

Small Cap 11.01%

Other Cap 0%

Allocation by Sector

Financial 32.71%

Automobile 10.31%

Technology 10.2%

Energy 8.46%

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Credit Quality

Bifurcation by Credit Quality is not available for this fund

Allocation by Instruments

Repo 2.16%

Other Holdings

Others 2.16%

Know in detail about the portfolio of this fund See detailed Portfolio Analysis

Comparison with elss Funds

as on Sep 12, 2022
Average
2.42%
1.41 % p.a
This fund

Lowest
0.95%

Highest
6.92%
Pick time period to see return
  • 1m
  • 3m
  • 6m
  • 1y
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  • 5y

Trailing Returns and Ranks

as on Sep 12, 2022
Period Trailing returns Category average Rank within category
1 month 1.41% 2.42% 21 / 24
3 months 14.1% 15.89% 19 / 24
6 months 2.81% 8.42% 24 / 24
1 year -1.03% 5.34% 23 / 24
3 years 19.67% 21.71% 16 / 24
5 years 13.24% 12.68% 10 / 23

Know in detail about the returns of this fund See detailed Return Analysis

Riskometer

Level of Risk in the Scheme

Very High

Investors understand that their principal will be at Very High risk

Invesco India Tax Plan Fund

EQUITY ELSS

The scheme aims to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. It intends to invest across market capitalisation sectors utilizing bottom up approach. It will aim to have concentrated well researched portfolio, which would be around 20 - 50 stocks.

  • Std. Dev : 21.76
  • Alpha : -1.07
  • Beta : 0.94
  • Sharpe : 0.76
  • Sortino : 0.77
  • Profile

    Dhimant Kothari

    Mr. Kothari is a Chartered Accountant and holds a Commerce degree.

    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.

  • Profile

    Amit Nigam

    Mr. Nigam is BE from IIT, Roorkee and PGDBM from IIM, Indore.

    Prior to joining Invesco Mutual Fund, he has worked with Essel Finance AMC Ltd., BNP Paribas Asset Management India Pvt. Ltd.

Invesco Mutual Fund

Invesco Mutual Fund

# SCHEMES

30

See all schemes

TOTAL AUM:

₹40,218 Crs

As on Jun 30, 2022

  • Phone: 022-67310000 / 1800-209-0007
  • Address: 2101 - A-A Wing - 21st Floor,
    Marathon Futurex,
    N.M. Joshi Marg, Lower Parel,
    Mumbai, 400013

Compare with similar Funds

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Frequently asked questions

How are the returns of Invesco India Tax Plan Fund ?

The Invesco India Tax Plan Fund is a 9 yrs 8 m old fund and has delivered average annual returns of 17.05% since inception.

Invesco India Tax Plan Fund Returns

1-Year 3-Year 5-Year Since Inception
-1.03% 19.67% 13.24% 17.05%

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of Invesco India Tax Plan Fund for Sep 09, 2022 is 91.14 .

Invesco India Tax Plan Fund has an ET Money Rank of # 18 of 26 and a consistency rating of 2 .

This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.

On ET Money, Investing in Invesco India Tax Plan Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

  1. Click on the Invest Now Button present on the top right-hand side.
  2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
  3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
  4. That's it. Your SIP or one-time investment in Invesco India Tax Plan Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of Invesco India Tax Plan Fund is 0.85%.  .

Redeeming your investments in Invesco India Tax Plan Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Invesco India Tax Plan Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of Invesco India Tax Plan Fund is ₹1,903 Crs.

The Invesco India Tax Plan Fund has invested the majority of its money in the stocks of the following companies -

Company Percentage of Portfolio
Housing Development Finance Corpn. Ltd. 9.22%
ICICI Bank Ltd. 8.35%
Infosys Ltd. 7.19%
Reliance Industries Ltd. 6.44%
Kotak Mahindra Bank Ltd. 3.75%
Axis Bank Ltd. 3.62%
Bharti Airtel Ltd. 3.36%
Avenue Supermarts Ltd. 2.95%
Bajaj Finance Ltd. 2.63%
Kei Industries Ltd. 2.61%

The Invesco India Tax Plan Fund has primarily invested in the following sectors

Sector Percentage of Portfolio
Financial 32.71%
Automobile 10.31%
Technology 10.2%
Energy 8.46%
Services 7.11%
Capital Goods 6.55%
Materials 5.75%
Healthcare 4.03%
Consumer Discretionary 3.51%
Communication 3.36%
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