VR Logo

1 star

Invesco India Banking & PSU Debt Fund


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.41 -0.03 0.16 0.80 1.41 2.35 3.76 7.71 6.86 7.02 --
CCIL T Bill Liquidity Weight 1.86 0.01 0.06 0.21 0.45 1.08 2.02 3.22 3.54 3.99 --
Debt: Banking and PSU 3.30 0.00 0.10 0.45 0.75 2.08 3.62 7.99 7.03 7.73 --
Rank within category 10 21 2 1 2 4 7 14 11 11 --
Number of funds in category 21 22 22 22 22 22 20 17 15 13 3

As on 01-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Invesco India Banking & PSU Debt Fund  | Invest Online
1 star
Dec-12 3.76 7.71 6.86 0.65% 286
IDFC Banking & PSU Debt Fund - Regular Plan
5 star
Mar-13 3.42 8.82 7.68 0.62% 18,845
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan  | Invest Online
4 star
Apr-08 3.76 8.38 7.01 0.70% 18,115
Axis Banking & PSU Debt Fund
4 star
Jun-12 3.37 8.06 7.60 0.62% 16,526
ICICI Prudential Banking & PSU Debt Fund  | Invest Now
4 star
Jan-10 4.75 8.11 6.77 0.80% 13,926

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.11 24-Mar-2020 - 31-Mar-2020 -3.50 11-Mar-2020 - 18-Mar-2020
Month 4.82 24-Mar-2020 - 23-Apr-2020 -3.76 20-Feb-2020 - 23-Mar-2020
Quarter 8.35 13-Apr-2020 - 13-Jul-2020 -2.21 27-Nov-2020 - 26-Feb-2021
Year 11.77 12-Jul-2019 - 13-Jul-2020 2.90 10-Jul-2020 - 12-Jul-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.53 3.26 1.15 1.42 1.80 4.84
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Banking and PSU 7.75 2.43 1.76 3.56 2.32 5.38
Rank within category 14 15 16 16 3 13
Number of funds in category 17 17 17 17 17 17

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 21 31 13 80
Modified Duration (yrs) 5.82 6.25 4.84 --
Average Maturity (yrs) 8.06 8.83 6.75 --
Yield to Maturity (%) 6.56 7.02 5.84 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.92% Indian Railway Finance Corporation 31/08/2031 Non Convertible Debenture AAA 0.00 - 8.75 8.75
up 8.24% Power Grid Corporation 14/02/2029 Debenture AAA 0.00 - 7.70 7.70
equal 7.49% Nat. Highways Authority 2029 Debenture AAA 4.87 - 11.09 7.30
up 6.10% GOI 2031 GOI Securities SOV 0.00 - 6.86 6.86
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 10.79 5.53
equal 7.68% Power Finance Corporation 15/07/2030 Non Convertible Debenture AAA 0.00 - 6.48 5.50
equal 6.87% National Bank Agr. Rur. Devp 2030 Bonds/NCDs AAA 0.00 - 6.28 5.30
equal 6.63% Hindustan Petroleum Corporation 2031 Debenture AAA 0.00 - 6.34 5.21
equal 6.45% ICICI Bank 15/06/2028 Debenture AAA 0.00 - 7.57 5.20
equal 5.77% GOI 2030 GOI Securities SOV 0.00 - 7.36 5.04
equal 8.11% Export-Import Bank 2031 Bonds AAA 2.05 - 8.77 3.83
new 8.30% REC 25/03/2029 Non Convertible Debenture AAA 0.00 - 3.82 3.82
equal 7.49% NTPC 2031 Debenture AAA 0.00 - 6.72 3.68
equal 7.38% NHPC 2029 Non Convertible Debenture AAA 1.95 - 4.34 3.64
equal 7.64% Food Corporation of India 2029 Debenture AAA 1.90 - 8.11 3.54
equal 6.80% State Bank of India Additional Tier 2 Bond AAA 1.86 - 7.96 3.45
equal 6.45% GOI 2029 GOI Securities SOV 2.82 - 13.90 2.82
equal 8.30% NTPC 15/01/2029 Debenture AAA 0.00 - 3.89 1.92
equal 7.95% HDFC Bank 21/09/2026 Bonds/Debentures AAA 0.00 - 2.23 1.87
equal 5.85% GOI 2030 GOI Securities SOV 0.00 - 2.02 1.69
equal 6.80% Nuclear Power Corpn. 21/03/2031 Debenture AAA 0.00 - 1.27 0.88

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Krishna Venkat Cheemalapati since 16-Dec-2020

Education: Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.

Experience: Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.

Funds Managed:

— Vikas Garg since 26-Sep-2020

Education: Mr. Garg is CFA MBA Finance, B-Tech and M- Tech

Experience: Prior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.

Funds Managed:


-0.03%

Change from previous, NAV as on 01-Dec-2021

Growth: ₹ 1,869.1602

IDCW Monthly: ₹ 1,020.4843

IDCW Daily: ₹ 1,003.4254


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Invesco Mutual Fund
Launch Date: 29-Dec-2012
Return Since Launch: 7.26%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 286 Cr (As on 31-Oct-2021)
Expense: 0.65% (As on 31-Oct-2021)
Risk Grade: High
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily30-Nov-20211.3584

 29-Nov-20210.3043
 23-Nov-20210.2423
 22-Nov-20211.1594
 18-Nov-20210.6020
 17-Nov-20210.1400
 23-Sep-20210.3463
 22-Sep-20210.7733
 21-Sep-20210.3598
 20-Sep-20211.4940
 17-Sep-20210.3036
 16-Sep-20211.0187
 15-Sep-20211.0591
 14-Sep-20210.4772
 13-Sep-20211.3886
 09-Sep-20210.1021
 08-Sep-20211.1472
 06-Sep-20210.0044
 03-Sep-20210.8751
 02-Sep-20211.4538
 01-Sep-20211.0734
 31-Aug-20210.1789
 30-Aug-20210.2010
 14-Jun-20210.5350
 11-Jun-20210.8478
IDCW Monthly29-Nov-20214.9124

 29-Sep-20219.6368
 30-Aug-20216.7693
 29-Jul-20210.7861
 28-May-20218.3784
 29-Apr-20212.0507
 28-Jan-20214.3988
 30-Dec-20205.9988
 26-Nov-20204.7258
 28-Oct-202010.5447
 29-Sep-20206.4443
 30-Jul-20206.5111
 29-Jun-20205.2776
 28-May-202022.4564
 27-Feb-20208.3639
 30-Jan-20204.6312
 30-Dec-20193.5094
 28-Nov-20194.0146
 30-Oct-20198.2030
 27-Sep-20190.1374
 29-Aug-20198.7515
 30-Jul-20199.7736
 27-Jun-20192.4437
 30-May-201910.3830
 26-Apr-20191.1412

Contact Information

AMC: Invesco Asset Management (India) Pvt. Ltd

Address: 2101 - A-A Wing - 21st Floor, Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai - 400013

Phone: 022-67310000 / 1800-209-0007

Fax: 022-23019422

Email: [email protected]

Website: http://www.invescomutualfund.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Stocks or Equity Funds for the long term?

DateFriday, 10-Dec-2021
Time12:30 PM - 01:00 PM

attending You have reserved a spot