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
₹2738.93
-0.16%
NAV as on 17 Dec 24, 12:00 AM
moderate risk
government bond
debt
NAV as on 17 Dec 24, 12:00 AM
moderate risk
government bond
debt
10.19%p.a.
Last 1Y
6.25%p.a.
Last 3Y
5.80%p.a.
Last 5Y
6.15%p.a.
Since Inception
About Invesco India Gilt Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Invesco India Gilt Fund Growth scheme from Invesco Asset Management (India) Private Ltd. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Feb 2008, Invesco India Gilt Fund Growth is Government Bond fund of its category with 1,354.7 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.
- Invesco India Gilt Fund Growth delivered 10.2% annual returns during the last year. It has delivered 6.2% average annual returns since the fund was launched.
- Invesco India Gilt 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 returns by investing predominantly in a portfolio of securities issued and guaranteed by Central and State Government across maturities.
Top 9 Holdings
7.34% Govt Stock 2064
23.45%
7.09% Govt Stock 2054
21.97%
7.3% Govt Stock 2053
21.03%
7.18% Govt Stock 2037
6.81%
6.79% Govt Stock 2034
5.56%
7.46% Govt Stock 2073
5.46%
7.1% Govt Stock 2034
5.28%
7.23% Govt Stock 2039
3.05%
India (Republic of) 7.09%
2.39%
Fund Managers
- Krishna Cheemalapati (Jul 2021 - Present)
- Vikas Garg (Sep 2020 - Present)
Key Information
View Scheme Document
Invesco India Gilt Fund Growth 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 Gilt 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 Gilt 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 Gilt 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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Frequently Asked Questions
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