Invesco India Tax Plan - Growth

Fund House: Invesco Mutual Fund
Category: Equity: ELSS
Launch Date: 29-12-2006
Asset Class: Equity
Benchmark: S&P BSE 200 TRI
Expense Ratio: 2.39% As on (31-03-2021)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 1,512.41 Cr As on (31-03-2021)
Turn over: 93% | Exit Load: Nil

68.39

14.31%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE 200 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
6 Years 0 Months
10 Years 2 Months
11 Years 0 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

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 capand sectors utilizing bottom up approach. It will aim to have concentrated well researched portfolio, which would be around 20 - 50 stocks.

Current Asset Allocation (%)

Indicators

Volatility 14.02
Sharp Ratio 0.93
Alpha -1.36
Beta 0.92
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Invesco India Tax Plan - Growth 29-12-2006 56.36 18.43 10.72 14.61 14.63
quant Tax Plan - Growth Option - Regular Plan 01-04-2000 131.83 44.13 26.81 23.3 15.18
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 91.59 20.85 10.18 16.03 15.2
Mirae Asset Tax Saver Fund-Regular Plan-Growth 05-12-2015 77.1 24.06 16.2 21.07 -
Franklin India Taxshield-Growth 05-04-1999 75.26 14.14 8.66 11.32 13.22
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 71.8 21.39 13.67 16.49 15.12
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 70.56 9.7 2.79 8.18 11.73
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 69.97 - - - -
JM Tax Gain Fund (Regular) - Growth option 31-03-2008 69.9 19.46 11.68 16.14 13.29
PGIM India Long Term Equity Fund - Regular Plan - Growth Option 11-12-2015 69.49 18.73 11.33 14.56 -

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

12.58%

Others

4.35%

Large Cap

64.09%

Mid Cap

18.98%

Scheme Documents

Fact Sheet - February, 2021

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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