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
₹59.56
0.30%
NAV as on 30 Apr 24, 12:00 AM
very high risk
equity other
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
equity other
equity
86.94%p.a.
Last 1Y
38.99%p.a.
Last 3Y
27.87%p.a.
Last 5Y
12.60%p.a.
Since Inception
About Invesco India PSU Equity Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Invesco India PSU Equity Fund Growth scheme from Invesco Asset Management (India) Private Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Nov 2009, Invesco India PSU Equity Fund Growth is Equity - Other fund of its category with 858.92 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- Invesco India PSU Equity Fund Growth delivered 86.9% annual returns during the last year. It has delivered 12.6% average annual returns since the fund was launched.
- Invesco India PSU Equity 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 in Equity and Equity Related Instruments of companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors.
Top 10 Holdings
Bharat Electronics Ltd
8.92%
NTPC Ltd
8.81%
State Bank of India
8.68%
Hindustan Aeronautics Ltd Ordinary Shares
8.59%
Coal India Ltd
8.15%
Power Grid Corp Of India Ltd
7.29%
NHPC Ltd
5.68%
Bharat Petroleum Corp Ltd
4.91%
Bank of Baroda
4.40%
Container Corporation of India Ltd
3.97%
Fund Managers
- Dhimant Kothari (May 2020 - Present)
Key Information
View Scheme Document
Invesco India PSU Equity Fund Growth SIP Calculator
If invested
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For a period of
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₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Invesco India PSU Equity 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 PSU Equity 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 PSU Equity 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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