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  • Invesco India Banking and PSU Fund (RIDCW-D)
Invesco Mutual Funds

Invesco India Banking and PSU Fund (RIDCW-D)

DebtBanking And Psu

1020.9804

NAV (Oct 07)

4.774%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in banking and psu mutual funds.

Banking And Psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.

They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.

The category accounts for close to 8% of the total assets in the Debt Segment.

We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Good

The performance of the fund on a Consistency of Credit Quality metric has been Good

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1020.9804

NAV (Oct 7)

Fund Returns

Last 1Y
8.4%
Last 3Y
4.8%
Last 5Y
5.7%
Last 10Y
6.5%
Since Inception
6.7%
6 Month CAGR
4.1%

Scheme Information

Investment Objective

The fund generates returns by investing primarily in debt & Money Market Instruments issued by Banks, Public Financial Institutions (PFIs), Public Sector Undertakings (PSUs) and Municipal Bonds.

Expense Ratio
0.63
Launched (0y ago)
0.63
AUM in Crores
101.4
ISIN
INF205K01JX8
Lock-in
-
Benchmark
Nifty Banking & PSU Debt Index A-II
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
1.9
Beta
3
Sharpe Ratio
-0.4
YTM
-
Fund Managers

Krishna Venkat Cheemalapati

Fund Manager

Vikas Garg

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Invesco India Banking and PSU Fund (RIDCW-D)70%8,40,039 1,07,4275.7%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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 before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-03-15

Top Debt Holdings

Indian Railway Finance Corporation Ltd.

10.2%
10.24%

Small Industries Devp. Bank of India Ltd.

9.9%
9.9%

ICICI Bank Ltd.

9.6%
9.55%

National Bank For Agriculture & Rural Development

8%
7.98%

Bank Of Baroda

5.1%
5.07%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
edelweiss
BHARAT Bond ETF FOF - April 2032 (G)

₹ 4,523 cr

₹ 8,093 cr

₹ 10,307 cr

₹ 14,839 cr

₹ 4,610 cr

amc-img

About the AMC

Invesco Mutual Fund

Invesco entered India in 2013. In partnership with Religare Securities Ltd. it formed Religare Invesco Asset Management Co. Ltd. Religare Invesco Mutual Fund was co-owned by Invesco and Religare. amc-img
phone-img022-67310000 / 1800-209-0007
Fund NameScripbox Opinion
Till Date CAGR

33.024%

13.416%

9.07%

5.031%

5.794%

7.461%

29.427%

11.879%

6.394%

6.573%

Invesco India Banking and PSU Fund (RIDCW-D) Review

Invesco India Banking and PSU Fund (RIDCW-D) is a Debt Debt fund and has delivered an annualised return of 6.667% over a period of 11 years. The fund is managed by Invesco Mutual Fund. The fund managers are Krishna Venkat Cheemalapati, Vikas Garg.

Nav of Invesco India Banking and PSU Fund (RIDCW-D) as of 10/7/2024 is ₹1020.98 with the total AUM as of 10/8/2024 is ₹101.3906. With Scripbox you can compare and check the latest nav for all mutual funds in India. Invesco India Banking and PSU Fund (RIDCW-D) was launched on 2012-12-29. The category risk of the fund is High.

The minimum SIP amount for Invesco India Banking and PSU Fund (RIDCW-D) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Invesco India Banking and PSU Fund (RIDCW-D) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Banking & PSU Debt Index A-II.

It is rated as a 2 fund in Debt and delivered 8.379% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Invesco India Banking and PSU Fund (RIDCW-D).

Frequently Asked Questions

What is Invesco India Banking and PSU Fund (RIDCW-D)?

It is a Debt Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Invesco India Banking and PSU Fund (RIDCW-D)?

You can invest in Invesco India Banking and PSU Fund (RIDCW-D) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Invesco India Banking and PSU Fund (RIDCW-D)?

The minimum sip amount for Invesco India Banking and PSU Fund (RIDCW-D) is ₹1000. You can invest in multiples of ₹5000.

Is Invesco India Banking and PSU Fund (RIDCW-D) good to invest in?

As per Scripbox experts, it is a 2 fund. You can invest in it if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Invesco India Banking and PSU Fund (RIDCW-D)?

The expense ratio of the Invesco India Banking and PSU Fund (RIDCW-D) is 0.63% for regular plan.

What is the NAV of Invesco India Banking and PSU Fund (RIDCW-D)?

Today's Invesco India Banking and PSU Fund (RIDCW-D) NAV is ₹1020.98.