NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹30.76
0.01%
NAV as on 17 Dec 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 17 Dec 24, 12:00 AM
low risk
arbitrage fund
equity
7.65%p.a.
Last 1Y
6.60%p.a.
Last 3Y
5.50%p.a.
Last 5Y
6.58%p.a.
Since Inception
About Invesco India Arbitrage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Invesco India Arbitrage Fund Growth scheme from Invesco Asset Management (India) Private Ltd. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Apr 2007, Invesco India Arbitrage Fund Growth is Arbitrage Fund fund of its category with 18,251.89 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
- Invesco India Arbitrage Fund Growth delivered 7.7% annual returns during the last year. It has delivered 6.6% average annual returns since the fund was launched.
- Invesco India Arbitrage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To generate income through arbitrage opportunities emerging out of difference in pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments.
Top 10 Holdings
Invesco India Liquid Dir Gr
12.31%
Future on Reliance Industries Ltd
8.09%
Reliance Industries Ltd
8.03%
Invesco India Money Market Dir Gr
6.10%
Tata Motors Limited December 2024 Future
4.17%
Tata Motors Ltd
4.14%
Future on IndusInd Bank Ltd
2.92%
IndusInd Bank Ltd
2.90%
Icici Bank Limited December 2024 Future
2.36%
ICICI Bank Ltd
2.35%
Fund Managers
- Deepak Gupta (Nov 2021 - Present)
- Kuber Mannadi (Sep 2022 - Present)
Key Information
View Scheme Document
Invesco India Arbitrage Fund Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on Invesco India Arbitrage Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Invesco India Arbitrage Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Invesco India Arbitrage Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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6.5%
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6.4%
ICICI Prudential Equity Arbitrage Fund Growth
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6.2%
Frequently Asked Questions
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