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: 2.11% As on (31-08-2022)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 1,902.56 Cr As on (31-08-2022)
Turn over: 57% | Exit Load: Nil

75.69

13.71%

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 0.7
Alpha -2.28
Beta 0.94
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 -9.63 20.4 13.9 11.07 15.24
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 11.84 46.09 38.06 22.03 20.34
HDFC Taxsaver - Growth Plan 05-03-1996 4.79 30.78 15.08 9.01 12.9
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 2.91 25.98 22.12 - -
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 1.48 35.4 21.08 12.65 16.73
Kotak Tax Saver-Scheme-Growth 01-11-2005 1.46 27.57 17.32 12.59 14.3
Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth 02-01-2013 0.69 29.62 17.89 10.72 15.65
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 0.22 26.5 16.96 10.43 13.34
PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option 11-12-2015 -0.04 29.98 17.36 11.89 -
Franklin India Taxshield-Growth 05-04-1999 -0.19 32.11 14.91 10.35 14.26

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

11.01%

Others

1.99%

Large Cap

66.78%

Mid Cap

20.22%

Scheme Documents

Fact Sheet - July, 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

Feedback
Notification