NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Invesco India Credit Risk Fund Growth for NRI [1798.87]

Min Investment

1,000

Fund Size

142.15 Cr

Expense Ratio

1.4%

Exit Load

4%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

1798.87

0.00%

NAV as on 06 Nov 24, 12:00 AM

moderately high risk

credit risk

debt

NAV as on 06 Nov 24, 12:00 AM

moderately high risk

credit risk

debt

7.44%p.a.

Last 1Y

6.81%p.a.

Last 3Y

6.26%p.a.

Last 5Y

5.94%p.a.

Since Inception

About Invesco India Credit Risk Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Invesco India Credit Risk Fund Growth scheme from Invesco Asset Management (India) Private Ltd. It is a Credit Risk mutual fund scheme that predominantly invests in Credit Risk stocks of companies. Launched on Sep 2014, Invesco India Credit Risk Fund Growth is Credit Risk fund of its category with 142.15 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Credit Risk funds.

  • Invesco India Credit Risk Fund Growth delivered 7.4% annual returns during the last year. It has delivered 5.9% average annual returns since the fund was launched.
  • Invesco India Credit Risk Fund Growth 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 accrual income and capital appreciation by investing in debt securities of varying maturities across the credit spectrum.

Top 10 Holdings

07.18 Goi 14082033

14.43%

07.18 Goi 24072037

10.86%

JSW Steel Limited

8.48%

HDFC Credila Financial Services Limited

8.42%

7.10%Goi 08/04/2034

7.20%

Aadhar Housing Finance Ltd. 8.65%

7.08%

Century Textiles And Industried Limited

7.02%

TATA Projects Limited

7.02%

Godrej Industries Limited

6.99%

7.23% Goi 15/04/2039

5.96%

Fund Managers

  1. Krishna Cheemalapati (Dec 2020 - Present)
  2. Vikas Garg (Sep 2020 - Present)

Key Information

View Scheme Document

Invesco India Credit Risk Fund Growth SIP Calculator

If invested

5,000

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 Credit Risk Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Invesco India Credit Risk 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 Credit Risk 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

Frequently Asked Questions