Invesco India ELSS Tax Saver Fund

The fund details shown here are of the Growth Plan option and belongs to the Equity, ELSS Fund category.

The NAV for Invesco India ELSS Tax Saver Fund Fund is 112.970 as of 23 May 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 16.59% annualized return for the last 3 years.

Invesco India ELSS Tax Saver Fund has 2 Star Rating at present. The present riskometer shown below is the level of risk in this fund based on guidelines set by SEBI is at Very High risk.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of      for

Below table shows comparison of Invesco India ELSS Tax Saver Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of 36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

49,473

13,473

21.77%

Bank FD

39,824

3,824

6.5%
Gold

40,770

4,770

8.00%

Fund Information

  • As of 31 Jan 2024, fund size of Invesco India ELSS Tax Saver Fund is 2,516.75 Cr.

  • Invesco India ELSS Tax Saver Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 1.93%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • Invesco India ELSS Tax Saver Fund is an Equity oriented mutual fund in the - ELSS Fund category.

  • S&P BSE 500 TRI is the benchmark for Invesco India ELSS Tax Saver Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 29 Dec 2006 as at present it is 17 years old fund.

  • Name of the AMC is Invesco Mutual Fund. Click here to know more about Invesco Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Invesco India ELSS Tax Saver Fund managed by following fund manager(s);

How does the Return Comparison of the Invesco India ELSS Tax Saver Fund fare against peer funds in the ELSS fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Invesco India ELSS Tax Saver Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Equity, ELSS fund category these peer funds belongs to.

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 5.07% 22.64% 25.54% 28.65% 14.91% 34.69% 24.20% 24.00%
Category Average 2.65% 12.71% 15.46% 16.55% 7.76% 24.16% 14.17% 16.52%
Invesco India ELSS Tax Saver Fund 3.83% 4.85% 19.52% 40.77% 25.07% 16.59% 17.49% 15.91%
SBI Long Term Equity Fund 4.85% 8.27% 33.21% 60.20% 39.68% 27.69% 23.04% 16.46%
Kotak ELSS Tax Saver Fund 6.82% 11.13% 27.22% 43.16% 29.33% 22.00% 20.21% 17.28%
Bank Of India ELSS Tax Saver Fund 5.18% 9.28% 31.44% 58.34% 36.26% 24.84% 26.47% 18.34%
Bandhan ELSS Tax Saver Fund 3.42% 4.64% 18.82% 37.32% 26.10% 20.69% 20.80% 17.45%
Quant ELSS Tax Saver Fund 4.95% 8.73% 35.07% 63.63% 34.16% 27.98% 33.19% 24.76%

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Invesco India ELSS Tax Saver Fund are shown below;

Equity 97.97%

Debt %

Others 2.03%

Top Equity Holdings

Name of the EquityHolding Percentage
ICICI BANK LTD. 5.15%
INFOSYS LTD. 4.77%
RELIANCE INDUSTRIES LTD. 4.37%
HDFC Bank Ltd 3.59%
TATA CONSULTANCY SERVICES LTD. 2.85%
Others 79.27%

Allocation by Sector

Name of the SectorHolding Percentage
Financial 24.88%
Technology 10.78%
Energy 9.89%
Capital Goods 9.22%
Healthcare 8.51%
Others 36.72%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Very High risk