Invesco India Tax Plan Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (04-Oct-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,991 Cr
Expense Ratio
0.75%
ISIN
INF205K01NT8
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹150.45, Assets Under Management (AUM) of 2990.74 Crores, and an expense ratio of 0.75%.
- Invesco India Tax Plan Direct Growth has given a CAGR return of 18.86% since inception.
- The fund's asset allocation comprises around 96.34% in equities, 0.00% in debts, and 3.66% in cash & cash equivalents.
- You can start investing in Invesco India Tax Plan Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+43.29%
+39.70% (Cat Avg.)
3 Years
+16.91%
+17.77% (Cat Avg.)
5 Years
+22.39%
+22.11% (Cat Avg.)
10 Years
+16.86%
+15.29% (Cat Avg.)
Since Inception
+18.86%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹2,881.15 Cr | 96.34% |
| Others | ₹109.59 Cr | 3.66% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Reliance Industries Ltd | Equity | ₹161.23 Cr | 5.39% |
| HDFC Bank Ltd | Equity | ₹148.95 Cr | 4.98% |
| Tata Consultancy Services Ltd | Equity | ₹143.64 Cr | 4.80% |
| ICICI Bank Ltd | Equity | ₹141.79 Cr | 4.74% |
| United Spirits Ltd | Equity | ₹79.95 Cr | 2.67% |
| Divi's Laboratories Ltd | Equity | ₹75.39 Cr | 2.52% |
| Blue Star Ltd | Equity | ₹70.63 Cr | 2.36% |
| Suzlon Energy Ltd | Equity | ₹70.45 Cr | 2.36% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹69.8 Cr | 2.33% |
| Net Receivables / (Payables) | Cash | ₹63.93 Cr | 2.14% |
| Poly Medicure Ltd | Equity | ₹59.26 Cr | 1.98% |
| Clean Science and Technology Ltd | Equity | ₹59.04 Cr | 1.97% |
| Axis Bank Ltd | Equity | ₹58.45 Cr | 1.95% |
| Infosys Ltd | Equity | ₹57.77 Cr | 1.93% |
| Home First Finance Co India Ltd --- | Equity | ₹57.11 Cr | 1.91% |
| Coforge Ltd | Equity | ₹55.57 Cr | 1.86% |
| Orchid Pharma Ltd | Equity | ₹55.28 Cr | 1.85% |
| Honasa Consumer Ltd | Equity | ₹55.1 Cr | 1.84% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹54.75 Cr | 1.83% |
| Bharat Electronics Ltd | Equity | ₹48.84 Cr | 1.63% |
| Zomato Ltd | Equity | ₹48.3 Cr | 1.62% |
| REC Ltd | Equity | ₹48.14 Cr | 1.61% |
| Dixon Technologies (India) Ltd | Equity | ₹46.43 Cr | 1.55% |
| PI Industries Ltd | Equity | ₹46.14 Cr | 1.54% |
| Jyoti CNC Automation Ltd | Equity | ₹46.02 Cr | 1.54% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹45.91 Cr | 1.54% |
| Metro Brands Ltd | Equity | ₹45.8 Cr | 1.53% |
| Triparty Repo | Cash - Repurchase Agreement | ₹45.66 Cr | 1.53% |
| NTPC Ltd | Equity | ₹45.03 Cr | 1.51% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹44.89 Cr | 1.50% |
| Varun Beverages Ltd | Equity | ₹43.83 Cr | 1.47% |
| Samvardhana Motherson International Ltd | Equity | ₹43.41 Cr | 1.45% |
| Solar Industries India Ltd | Equity | ₹39.7 Cr | 1.33% |
| PB Fintech Ltd | Equity | ₹38.95 Cr | 1.30% |
| FSN E-Commerce Ventures Ltd | Equity | ₹37.56 Cr | 1.26% |
| Honeywell Automation India Ltd | Equity | ₹37.54 Cr | 1.26% |
| Concord Biotech Ltd | Equity | ₹37.42 Cr | 1.25% |
| KEI Industries Ltd | Equity | ₹36.31 Cr | 1.21% |
| Jubilant Foodworks Ltd | Equity | ₹36 Cr | 1.20% |
| Senco Gold Ltd | Equity | ₹35.49 Cr | 1.19% |
| Maruti Suzuki India Ltd | Equity | ₹34.2 Cr | 1.14% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.1) | Equity | ₹34.03 Cr | 1.14% |
| Balkrishna Industries Ltd | Equity | ₹33.82 Cr | 1.13% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹32.65 Cr | 1.09% |
| Safari Industries (India) Ltd | Equity | ₹32.51 Cr | 1.09% |
| Anand Rathi Wealth Ltd | Equity | ₹32.01 Cr | 1.07% |
| GE T&D India Ltd | Equity | ₹31.71 Cr | 1.06% |
| GAIL (India) Ltd | Equity | ₹31.15 Cr | 1.04% |
| Eicher Motors Ltd | Equity | ₹30.86 Cr | 1.03% |
| Avenue Supermarts Ltd | Equity | ₹30.64 Cr | 1.02% |
| IndiaMART InterMESH Ltd | Equity | ₹30.43 Cr | 1.02% |
| Bharat Petroleum Corp Ltd | Equity | ₹29.6 Cr | 0.99% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹29.48 Cr | 0.99% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹28.29 Cr | 0.95% |
| Central Depository Services (India) Ltd | Equity | ₹25.46 Cr | 0.85% |
| G R Infraprojects Ltd | Equity | ₹23.08 Cr | 0.77% |
| Birla Corp Ltd | Equity | ₹21.64 Cr | 0.72% |
| Mankind Pharma Ltd | Equity | ₹18.37 Cr | 0.61% |
| The Federal Bank Ltd | Equity | ₹14.71 Cr | 0.49% |
| Cochin Shipyard Ltd | Equity | ₹10.68 Cr | 0.36% |
Allocation By Market Cap (Equity)
Large Cap Stocks
48.73%
Mid Cap Stocks
22.29%
Small Cap Stocks
23.77%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹610.45 Cr | 20.41% |
| Industrials | ₹462.66 Cr | 15.47% |
| Consumer Cyclical | ₹377.94 Cr | 12.64% |
| Healthcare | ₹373.29 Cr | 12.48% |
| Technology | ₹303.4 Cr | 10.14% |
| Basic Materials | ₹246.46 Cr | 8.24% |
| Consumer Defensive | ₹209.52 Cr | 7.01% |
| Energy | ₹190.83 Cr | 6.38% |
| Utilities | ₹76.17 Cr | 2.55% |
| Communication Services | ₹30.43 Cr | 1.02% |
Risk & Performance Ratios
Standard Deviation
This fund
13.57%
Cat. avg.
12.69%
Lower the better
Sharpe Ratio
This fund
0.88
Cat. avg.
1.00
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.89
Higher the better
Fund Managers
Amit Nigam
Since September 2020
Dhimant Kothari
Since March 2018
Additional Scheme Detailsas of 31st August 2024
ISIN | INF205K01NT8 | Expense Ratio | 0.75% | Exit Load | No Charges | Fund Size | ₹2,991 Cr | Age | 11 years 9 months | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | BSE 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4806.05 Cr | 39.4% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4806.05 Cr | 37.8% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹38422.94 Cr | 35.2% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4152.25 Cr | 37.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4152.25 Cr | 35.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹56.61 Cr | 39.9% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹56.61 Cr | 37.6% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹398.29 Cr | 55.2% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹398.29 Cr | 52.4% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1673.99 Cr | 28.5% |
About the AMC
Total AUM
₹96,573 Cr
Address
Unit No: 2101 A, 21st floor, A – Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai – 400 013 Maharashtra, India
Other Funds by Invesco Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Amit Nigam
- Dhimant Kothari
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