FAQ : Invesco India ELSS Tax Saver Fund - Growth

Invesco India ELSS Tax Saver Fund - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 39.29 18.52 16.88 12.93
Average Rolling Returns(%) 17.13 16.70 15.11 15.47

The Current NAV of Invesco India ELSS Tax Saver Fund - Growth is ₹107.74.

You can consider SIP in Invesco India ELSS Tax Saver Fund - Growth as it has outperformed the benchmark most of the time and has a Somewhat good quality portfolio. Funds returns are more likely to be different than its benchmark NIFTY 200 returns, as Funds portfolio is significantly different.

Invesco India ELSS Tax Saver Fund - Growth fund’s expense ratio is 1.93%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Invesco India ELSS Tax Saver Fund - Growth is currently ₹2,517 Crores.

The Top three stocks are ICICI Bank, Infosys and Reliance Industries and account for 14% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 33% of fund’s portfolio respectively.

Top three sectors of Invesco India ELSS Tax Saver Fund - Growth fund are BFSI, IT and Healthcare accounting for 45% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Invesco India ELSS Tax Saver Fund - Growth Fund is Equity - ELSS.

Amit Nigam and Dhimant Kothari manage the Invesco India ELSS Tax Saver Fund - Growth Fund.

Invesco India ELSS Tax Saver Fund - Growth current PE ratio is 43.26 and PB ratio is 8.38

The asset allocation of Invesco India ELSS Tax Saver Fund - Growth is Stocks : 97.97%, Debt : 2.01% and Gold : 0%

The minimum SIP amount for Invesco India ELSS Tax Saver Fund - Growth is ₹500.00 and minimum lumpsum is ₹500.00

The exit load for Invesco India ELSS Tax Saver Fund - Growth is Nil

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.