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
₹176.76
-0.21%
NAV as on 17 Dec 24, 12:00 AM
very high risk
mid cap
equity
NAV as on 17 Dec 24, 12:00 AM
very high risk
mid cap
equity
48.60%p.a.
Last 1Y
26.62%p.a.
Last 3Y
29.13%p.a.
Last 5Y
17.33%p.a.
Since Inception
About Invesco India Mid Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Invesco India Mid Cap Fund Growth scheme from Invesco Asset Management (India) Private Ltd. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Apr 2007, Invesco India Mid Cap Fund Growth is Mid-Cap fund of its category with 5,862.67 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.
- Invesco India Mid Cap Fund Growth delivered 48.6% annual returns during the last year. It has delivered 17.3% average annual returns since the fund was launched.
- Invesco India Mid Cap 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 by investing predominantly in Midcap companies.
Top 10 Holdings
The Federal Bank Ltd
4.50%
Dixon Technologies (India) Ltd
4.19%
Trent Ltd
3.88%
Max Healthcare Institute Ltd Ordinary Shares
3.75%
Prestige Estates Projects Ltd
3.68%
Coforge Ltd
3.48%
BSE Ltd
3.48%
L&T Finance Ltd
3.27%
JK Cement Ltd
2.75%
Ethos Ltd
2.68%
Fund Managers
- Aditya Khemani (Nov 2023 - Present)
- Amit Ganatra (Sep 2023 - Present)
Key Information
View Scheme Document
Invesco India Mid Cap Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Invesco India Mid Cap 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 Mid Cap 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 Mid Cap 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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