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
₹16.36
0.15%
NAV as on 17 Nov 24, 12:00 AM
moderately high risk
equity savings
equity
NAV as on 17 Nov 24, 12:00 AM
moderately high risk
equity savings
equity
18.42%p.a.
Last 1Y
8.52%p.a.
Last 3Y
9.24%p.a.
Last 5Y
9.27%p.a.
Since Inception
About Invesco India Equity Savings Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Invesco India Equity Savings Fund Growth scheme from Invesco Asset Management (India) Private Ltd. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Mar 2019, Invesco India Equity Savings Fund Growth is Equity Savings fund of its category with 340.5 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
- Invesco India Equity Savings Fund Growth delivered 18.4% annual returns during the last year. It has delivered 9.3% average annual returns since the fund was launched.
- Invesco India Equity Savings 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 capital appreciation and income by investing in equity and equity related instruments, arbitrage opportunities and fixed income instruments (including debt, government securities and money market instruments).
Top 10 Holdings
7.1% Govt Stock 2034
7.47%
Future on Sun Pharmaceuticals Industries Ltd
4.76%
Sun Pharmaceuticals Industries Ltd
4.73%
HDFC Bank Ltd
4.57%
Future on United Spirits Ltd
4.37%
United Spirits Ltd
4.35%
Infosys Ltd
3.79%
Reliance Industries Ltd
3.37%
Invesco India Liquid Dir Gr
3.30%
Future on State Bank of India
2.58%
Fund Managers
- Amit Nigam (Sep 2020 - Present)
- Deepak Gupta (Dec 2023 - Present)
- Krishna Cheemalapati (Mar 2019 - Present)
- Dhimant Kothari (May 2020 - Present)
Key Information
View Scheme Document
Invesco India Equity Savings Fund Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on Invesco India Equity Savings 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 Equity Savings 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 Equity Savings 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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9.4%
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9.2%
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Frequently Asked Questions
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