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4 star

Invesco India Tax Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.71 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.33 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • 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

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 28.17 -1.43 0.09 -3.81 0.48 11.10 35.08 19.65 17.44 13.52 17.54
S&P BSE 500 TRI 28.27 -1.60 -0.29 -4.97 -1.24 9.59 34.46 19.56 17.37 12.66 15.36
Equity: ELSS 28.07 -1.61 -0.30 -4.73 -1.28 10.36 34.00 18.48 15.65 11.89 15.86
Rank within category 21 5 9 9 7 17 19 14 8 8 5
Number of funds in category 38 38 38 38 38 38 38 35 34 29 27

As on 06-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Invesco India Tax Plan  | Invest Online
4 star
Dec-06 35.08 19.65 17.44 2.12% 1,860
Axis Long Term Equity Fund
4 star
Dec-09 30.02 20.66 18.81 1.58% 34,235
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 37.31 23.56 21.30 1.70% 10,146
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 38.09 21.79 16.82 1.81% 9,805
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 47.46 21.10 19.00 1.94% 3,518

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 18.99 27-Oct-2008 - 04-Nov-2008 -18.24 16-Mar-2020 - 23-Mar-2020
Month 29.86 11-May-2009 - 10-Jun-2009 -35.82 20-Feb-2020 - 23-Mar-2020
Quarter 66.19 09-Mar-2009 - 10-Jun-2009 -34.22 28-Jul-2008 - 27-Oct-2008
Year 119.32 09-Mar-2009 - 11-Mar-2010 -52.02 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 19.56 20.84 0.76 0.78 0.93 0.91
S&P BSE 500 TRI 19.76 21.92 0.73 0.84 -- --
Equity: ELSS 18.76 21.47 0.70 0.75 0.95 -0.21
Rank within category 13 13 13 14 12 13
Number of funds in category 35 35 35 35 35 35

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

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 35
Top 10 Stocks (%) 52.73
Top 5 Stocks (%) 37.73
Top 3 Sectors (%) 54.27
Portfolio P/B Ratio 4.32
Portfolio P/E Ratio 30.61

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,34,130 1,36,970
Giant (%) 55.83 53.06
Large (%) 10.63 14.68
Mid (%) 23.94 25.08
Small (%) 9.60 7.34
Tiny (%) -- 0.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Reliance Industries Energy 30.58 11.49 3.02 9.31
equal ICICI Bank Financial 23.22 8.59 5.70 8.59
equal HDFC Bank Financial 24.37 10.67 7.34 7.62
equal Infosys Technology 34.10 9.76 0.00 7.17
equal Kotak Mahindra Bank Financial 37.46 5.73 0.00 5.04
equal Axis Bank Financial 20.34 4.71 0.00 4.26
down Tech Mahindra Technology 29.63 3.42 0.00 3.05
down L&T Technology Services Engineering 67.03 3.05 0.00 2.80
equal Ultratech Cement Construction 32.67 2.67 0.00 2.52
equal TCI Express Ltd. Services 62.83 2.37 0.00 2.37
equal Bajaj Finance Financial 84.36 3.33 0.00 2.35
equal VIP Industries Chemicals 727.78 2.85 0.86 2.25
equal Kei Industries Engineering 33.57 2.12 0.00 2.08
equal Cholamandalam Investment & Finance Company Financial 28.58 2.05 0.00 2.05
equal United Breweries FMCG 118.21 3.11 1.26 2.04
equal Birla Corporation Construction 16.18 2.10 0.00 2.01
up Indraprastha Gas Energy 23.68 2.05 0.00 1.97
equal Vinati Organics Chemicals 64.82 2.58 0.00 1.96
equal Minda Industries Automobile 68.25 1.96 0.00 1.93
equal Titan Company Consumer Durable 118.59 2.15 1.35 1.91
equal Gland Pharma Healthcare 52.23 2.24 0.00 1.88
equal Honeywell Automation Engineering 80.51 2.25 0.00 1.83
equal JB Chemicals & Pharma Healthcare 25.94 2.20 0.00 1.80
equal Ashok Leyland Automobile -- 1.74 0.00 1.74
equal Whirlpool Consumer Durable 39.30 2.70 0.00 1.66

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

— Amit Nigam since 03-Sep-2020

Education: Mr. Nigam is BE from IIT, Roorkee and PGDBM from IIM, Indore.

Experience: Prior to joining Invesco Mutual Fund, he has worked with Essel Finance AMC Ltd., BNP Paribas Asset Management India Pvt. Ltd.

Funds Managed:

— Dhimant Kothari since 29-Mar-2018

Education: Mr. Kothari is a Chartered Accountant and holds a Commerce degree.

Experience: In his last assignment, he was working as Senior Manager – Research with Credit Analysis and Research Ltd., His other assignments include Lotus India Asset Management and CRISIL Ltd.

Interviews:

Funds Managed:


-1.43%

Change from previous, NAV as on 06-Dec-2021

Growth: ₹ 81.8600

IDCW: ₹ 24.4400


Investment Strategy

The scheme aims to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. It intends to invest across market capitalisation sectors utilizing bottom up approach. It will aim to have concentrated well researched portfolio, which would be around 20 - 50 stocks.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Invesco Mutual Fund
Launch Date: 29-Dec-2006
Return Since Launch: 15.10%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,860 Cr (As on 30-Nov-2021)
Expense: 2.12% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 74.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW19-Feb-20212.3000

 20-Dec-20191.6823
 18-Jan-20191.7708
 12-Jan-20182.2000
 29-Dec-20162.0000
 18-Dec-20152.0000
 31-Dec-20142.1000
 27-Dec-20130.9000
 30-Mar-20110.7500
 20-Jan-20112.0000
 25-Nov-20091.0000
 28-Jan-20081.5000

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

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