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 500 TRI
Expense Ratio: 2.15% As on (30-04-2022)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 1,829.42 Cr As on (30-04-2022)
Turn over: 49% | Exit Load: Nil

72.27

13.7%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE 500 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 3.14 29.84 12.48 11.31 16.18
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 18.13 64.42 32.97 21.43 20.35
HDFC Taxsaver - Growth Plan 05-03-1996 17.77 36.94 10.21 7.64 13.2
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 16.22 40.98 - - -
Union Long Term Equity Fund - Growth Option 23-12-2011 13.28 36.34 16.1 11.75 13.72
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 12.83 49.31 17.42 13.45 18.02
PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option 11-12-2015 12.06 39.43 15.41 11.82 -
Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth 02-01-2013 11.93 36.96 13.3 10.31 16.51
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 11.89 40.38 8.74 4.71 13.48
Sundaram Diversified Equity (ELSS) Regular Plan - Growth 10-05-2005 11.1 35.72 10.0 7.61 13.49

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

15.21%

Others

4.83%

Large Cap

60.95%

Mid Cap

19.01%

Scheme Documents

Fact Sheet - March, 2022

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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