VR Logo

1 star

Invesco India Gilt Fund - Direct Plan download report


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 Lakh

Suitability:

"This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."

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
Invesco India Gilt Direct-G -0.01 -0.01 0.04 0.10 0.56 0.05 1.63 5.83 5.58 7.05 --
CCIL All Sovereign Bond - TRI -2.44 -0.04 -0.02 -1.03 -2.87 -2.92 -0.31 6.84 6.91 7.67 --
Debt: Gilt -0.95 -0.07 -0.03 -0.73 -1.11 -0.95 1.56 7.19 6.70 7.73 --
Rank within category 1 4 4 1 1 3 11 19 19 16 --
Number of funds in category 24 26 26 26 24 24 23 21 21 21 0

As on 20-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Invesco India Gilt Fund - Direct Plan  | Invest Online
1 star
Jan-13 1.63 5.83 5.58 0.48% 20
SBI Magnum Gilt Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.41 8.39 7.37 0.46% 3,530
IDFC Government Securities Fund - Investment Plan - Direct Plan  | Invest Online
4 star
Jan-13 0.84 8.10 7.53 0.61% 1,426
Aditya Birla Sun Life Government Securities Fund - Direct Plan  | Invest Online
4 star
Jan-13 1.84 7.83 7.29 0.29% 1,108
DSP Government Securities Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.14 8.52 7.76 0.54% 412

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.17 19-Aug-2013 - 26-Aug-2013 -4.43 12-Aug-2013 - 19-Aug-2013
Month 6.55 04-Nov-2016 - 05-Dec-2016 -6.52 19-Jul-2013 - 19-Aug-2013
Quarter 9.23 16-Apr-2019 - 16-Jul-2019 -8.90 20-May-2013 - 19-Aug-2013
Year 20.58 02-Dec-2015 - 01-Dec-2016 -3.22 14-Jun-2017 - 14-Jun-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Invesco India Gilt Direct-G 6.18 3.64 0.73 1.27 0.70 -0.27
CCIL All Sovereign Bond - TRI 7.67 4.73 0.88 1.29 -- --
Debt: Gilt 7.63 3.60 1.13 1.93 0.69 1.26
Rank within category 19 9 20 17 14 20
Number of funds in category 21 21 21 21 21 21

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

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 3 5 2 13
Modified Duration (yrs) 0.27 7.77 0.27 --
Average Maturity (yrs) 0.32 15.12 0.32 --
Yield to Maturity (%) 3.69 6.37 3.69 --
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style*

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 8.15% GOI 2022 Central Government Loan SOV 0.00 - 49.33 49.33
new 7.10% GOI 18/04/2029 GOI Securities SOV 0.00 - 24.58 24.58
equal 7.59% GOI 2026 GOI Securities SOV 5.86 - 8.29 7.62

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 30-Apr-2022

*As on 31-Mar-2022

Fund Manager

— Krishna Venkat Cheemalapati since 27-Jul-2021

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 29-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:


-0.01%

Change from previous, NAV as on 20-May-2022

Growth: ₹ 2,455.6147

IDCW Yearly: ₹ 1,288.8786

More

IDCW Quarterly: ₹ 1,016.9641

IDCW Monthly: ₹ 1,916.3267


Investment Strategy

The scheme seeks to generate returns by investing predominantly in a portfolio of securities issued and guaranteed by Central and State Government across maturities.

Investment Details

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 100
Min. No of Cheques 12
Min. Withdrawal (₹) 1,000
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Invesco Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.50%
Benchmark: NIFTY All Duration G-Sec Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 20 Cr (As on 30-Apr-2022)
Expense: 0.48% (As on 30-Apr-2022)
Risk Grade: High
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly15-Dec-20217.0579

 15-Sep-202110.4143
 15-Jun-20214.3143
 15-Dec-202018.2091
 15-Sep-202068.0584
 16-Mar-20205.4379
 15-Sep-201975.3619
 15-Jun-20186.8412
 15-Mar-201849.5109
 15-Sep-20177.7600
 15-Jun-201714.6295
 15-Mar-201719.3368
 15-Dec-201652.6874
 15-Sep-201625.2344
 15-Jun-201625.5222
 15-Mar-20160.4194
 15-Dec-20155.0198
 15-Dec-201431.7620
 15-Sep-20144.5379
 15-Jun-201426.7701
 15-Jun-201329.5104
 15-Mar-20130.2157
IDCW Monthly27-Jun-201315.5151

 27-Feb-20130.2428
IDCW Yearly15-Mar-20130.2370

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

Website: http://www.invescomutualfund.com

Registrar & Transfer Agent: KFin Technologies 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

How to lock your profits?

DateFriday, 27-May-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot