- Mutual Funds
- Invesco Mutual Fund
- Invesco India Banking and PSU Fund Direct Growth
Invesco India Banking and PSU Fund Direct Plan Growth
₹ 2388.17
NAV (Apr 09)
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.
Scheme Information
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 | 0.25 % |
Launched | - |
AUM in Crores | 101.7 |
ISIN | INF205K01KT4 |
Lock-in (days) | No Lock-in |
Benchmark | Nifty Banking & PSU Debt Index A-II |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 1.7 |
Beta | 3.6 |
Sharpe Ratio | -0.3 |
YTM | - |
Asset allocation and Holdings
Top Debt Holdings
Indian Railway Finance Corporation Ltd.
10.24%Small Industries Devp. Bank of India Ltd.
9.9%ICICI Bank Ltd.
9.55%National Bank For Agriculture & Rural Development
7.98%Bank Of Baroda
5.07%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,772 cr | ||
₹ 14,724 cr | ||
₹ 13,733 cr | ||
₹ 7,713 cr | ||
₹ 42,292 cr |
