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
₹62.92
-3.27%
NAV as on 16 Jan 25, 12:00 AM
very high risk
sector financial services
equity
NAV as on 16 Jan 25, 12:00 AM
very high risk
sector financial services
equity
20.98%p.a.
Last 1Y
20.22%p.a.
Last 3Y
14.77%p.a.
Last 5Y
16.73%p.a.
Since Inception
About Invesco India Financial Services Fund Payout of Income Dist cum Capital Wtdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Invesco India Financial Services Fund Payout of Income Dist cum Capital Wtdrl scheme from Invesco Asset Management (India) Private Ltd. It is a Sector - Financial Services mutual fund scheme that predominantly invests in Sector - Financial Services stocks of companies. Launched on Jul 2008, Invesco India Financial Services Fund Payout of Income Dist cum Capital Wtdrl is Sector - Financial Services fund of its category with 1,110.36 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Sector - Financial Services funds.
- Invesco India Financial Services Fund Payout of Income Dist cum Capital Wtdrl delivered 21.0% annual returns during the last year. It has delivered 16.7% average annual returns since the fund was launched.
- Invesco India Financial Services Fund Payout 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 equity
Fund Objective
To generate capital appreciation from a portfolio of Equity and Equity Related Instruments of companies engaged in the business of banking and financial services.
Top 10 Holdings
ICICI Bank Ltd
19.30%
HDFC Bank Ltd
14.71%
Axis Bank Ltd
6.61%
State Bank of India
6.34%
HDFC Asset Management Co Ltd
4.15%
PB Fintech Ltd
3.46%
Central Depository Services (India) Ltd
3.06%
Computer Age Management Services Limited
2.92%
Karur Vysya Bank Ltd
2.84%
Multi Commodity Exchange of India Ltd
2.73%
Fund Managers
- Dhimant Kothari (Jun 2018 - Present)
- Hiten Jain (May 2020 - Present)
Key Information
View Scheme Document
Invesco India Financial Services Fund Payout 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 Financial Services Fund Payout 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 Financial Services Fund Payout 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 Financial Services Fund Payout 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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