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  • Invesco India ELSS Tax Saver Fund (RIDCW-A)

Formerly Invesco India Tax Plan IDCW-R

Invesco Mutual Funds

Invesco India ELSS Tax Saver Fund (RIDCW-A)

EquityTax Saving

26.01

NAV (Jun 24)

17.4%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in tax saving mutual funds.

Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

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

Satisfactory

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

Outperformance Consistency

Neutral

The performance of the fund on a Outperformance Consistency metric has been Neutral

Invest in this fund
Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

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

26.01

NAV (Jun 24)

Fund Returns

Last 1Y
42%
Last 3Y
17.4%
Last 5Y
18.6%
Last 10Y
15.9%
Since Inception
15.2%
6 Month CAGR
18.5%

Scheme Information

Investment Objective

To generate long term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments.

Expense Ratio
1.92
Launched (18y ago)
Dec 29, 2006
AUM in Crores
2638.992
ISIN
INF205K01288
Lock-in
3
Benchmark
BSE 500 TR INR
SIP Minimum
0
Lumpsum Min.
500
Standard Deviation (3yr)
13
Standard Deviation (5yr)
18.4
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.654
Sharpe Ratio (5yr)
0.602
YTM
0
Fund Managers

Dhimant Kothari

Fund Manager

Amit Nigam

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 ELSS Tax Saver Fund (RIDCW-A)70%11,34,388 4,01,77617.4%
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 2024-06-24

Top Stock Holdings

hdfc bank ltd

6.5%
6.5%

reliance industries ltd

5.5%
5.5%

icici bank ltd

4.9%
4.9%

tata consultancy services ltd

3.9%
3.9%

axis bank ltd

2.5%
2.5%
See all holdings

Allocation by Sector

financial services

27.1%
27.1%

industrials

14.1%
14.1%

consumer cyclical

12.3%
12.3%

healthcare

10%
10%

basic materials

8.1%
8.1%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
DSP ELSS Tax Saver Fund (G)
DSP ELSS Tax Saver Fund (G)

₹ 15,161 cr

₹ 19,454 cr

₹ 22,620 cr

₹ 42,669 cr

₹ 66,383 cr

amc-img

About the AMC

Invesco Asset Management (India) Private Ltd

Invesco Asset Management (India) Private Ltd manages assets worth 86,891 crores and was set up on 20 May 2005. It's current offering of mutual fund schemes includes 39 equity,121 debt and 9 hybrid funds.amc-img
phone-img022-67310000
Fund NameScripbox Opinion
Till Date CAGR

39.6%

13.9%

39.6%

13.7%

39.6%

13.7%

18.8%

13.4%

4.8%

6.8%

Invesco India ELSS Tax Saver Fund (RIDCW-A) Review

Invesco India ELSS Tax Saver Fund (RIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 14.8% over a period of 17 years. The fund was previously known as Invesco India Tax Plan IDCW-R. The fund is managed by Invesco Asset Management (India) Private Ltd. The fund managers are Amit Nigam, Dhimant Kothari.

Nav of Invesco India ELSS Tax Saver Fund (RIDCW-A) as of 6/24/2024 is ₹26.01 with the total AUM as of 6/25/2024 is ₹2638.992. With Scripbox you can compare and check the latest nav for all mutual funds in India. Invesco India ELSS Tax Saver Fund (RIDCW-A) was launched on Dec 29, 2006. The category risk of the fund is Very High Risk.

The minimum SIP amount for Invesco India ELSS Tax Saver Fund (RIDCW-A) is ₹0 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 ₹500. Check your estimated returns on mutual funds by using sip calculator.

Invesco India ELSS Tax Saver Fund (RIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to BSE 500 TR INR.

Invesco India ELSS Tax Saver Fund (RIDCW-A) is rated as a 2 fund in Equity and delivered 37.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Invesco India ELSS Tax Saver Fund (RIDCW-A).

Frequently Asked Questions

What is Invesco India ELSS Tax Saver Fund (RIDCW-A)?

Invesco India ELSS Tax Saver Fund (RIDCW-A) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Invesco India ELSS Tax Saver Fund (RIDCW-A)?

You can invest in Invesco India ELSS Tax Saver Fund (RIDCW-A) 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 ELSS Tax Saver Fund (RIDCW-A)?

The minimum sip amount for Invesco India ELSS Tax Saver Fund (RIDCW-A) is ₹0. You can invest in multiples of ₹500.

Is Invesco India ELSS Tax Saver Fund (RIDCW-A) good to invest in?

As per Scripbox experts, Invesco India ELSS Tax Saver Fund (RIDCW-A) is a Neutral fund. You can investInvesco India ELSS Tax Saver Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Invesco India ELSS Tax Saver Fund (RIDCW-A)?

The expense ratio of the Invesco India ELSS Tax Saver Fund (RIDCW-A) is 1.92% for regular plan.