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
₹1046.29
-0.04%
NAV as on 20 Jun 25, 12:00 AM
moderate risk
banking & psu
debt
NAV as on 20 Jun 25, 12:00 AM
moderate risk
banking & psu
debt
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
4.95%p.a.
Since Inception
About Invesco India Banking & PSU Fund Daily Reinvestment of Income Dist cum Capital Wtdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Invesco India Banking & PSU Fund Daily Reinvestment of Income Dist cum Capital Wtdrl scheme from Invesco Asset Management Company Pvt Ltd. It is a Banking & PSU mutual fund scheme that predominantly invests in Banking & PSU stocks of companies. Launched on Dec 2012, Invesco India Banking & PSU Fund Daily Reinvestment of Income Dist cum Capital Wtdrl is Banking & PSU fund of its category with 99.89 Cr fund under management as on Jun 2025. The expense ratio of this fund is less than that of most other Fund category Banking & PSU funds.
- Invesco India Banking & PSU Fund Daily Reinvestment of Income Dist cum Capital Wtdrl delivered 0.0% annual returns during the last year. It has delivered 5.0% average annual returns since the fund was launched.
- Invesco India Banking & PSU Fund Daily Reinvestment of Income Dist cum Capital Wtdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
To generate returns by investing primarily in debt & Money Market Instruments issued by banks, Public Financial Institutions (PFIs), Public Sector Undertakings (PSUs) and Municipal Bonds.
Top 10 Holdings
7.68% National Bank For Agriculture and Rural Development 2029
7.95%
7.37% Indian Railway Finance Corporation Ltd 2029
7.92%
7.54% Small Industries Dev Bank of India 2026
7.78%
Triparty Repo
5.60%
7.18% Government of India 2037
5.14%
7.18% Government of India 2033
5.10%
7.17% Government of India 2030
5.06%
7.68% Bank of Baroda 2033
5.06%
6.79% Government of India 2034
4.99%
7.85% Power Finance Corporation Ltd 2028
4.99%
Fund Managers
- Krishna Cheemalapati (Dec 2020 - Present)
- Vikas Garg (Sep 2020 - Present)
Key Information
View Scheme Document
Invesco India Banking & PSU Fund Daily Reinvestment of Income Dist cum Capital Wtdrl SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Invesco India Banking & PSU Fund Daily Reinvestment of Income Dist cum Capital Wtdrl
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 Banking & PSU Fund Daily Reinvestment of Income Dist cum Capital Wtdrl?
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 Banking & PSU Fund Daily Reinvestment of Income Dist cum Capital Wtdrl
- 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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Frequently Asked Questions
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