NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Invesco India Technology Fund Growth for NRI [9.68]

Min Investment

1,000

Fund Size

276.13 Cr

Expense Ratio

2.4%

Exit Load

0.5%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

9.68

0.31%

NAV as on 17 Nov 24, 12:00 AM

very high risk

sector technology

equity

NAV as on 17 Nov 24, 12:00 AM

very high risk

sector technology

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

-3.70%p.a.

Since Inception

About Invesco India Technology Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Invesco India Technology Fund Growth scheme from Invesco Asset Management (India) Private Ltd. It is a Sector - Technology mutual fund scheme that predominantly invests in Sector - Technology stocks of companies. Launched on Sep 2024, Invesco India Technology Fund Growth is Sector - Technology fund of its category with 276.13 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Technology funds.

  • Invesco India Technology Fund Growth delivered 0.0% annual returns during the last year. It has delivered -3.7% average annual returns since the fund was launched.
  • Invesco India Technology 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 in the technology and technology related sectors, companies focused on driving transformative innovations across technology, automation, robotics, artificial intelligence, cloud computing and other technology companies including those benefitting from the increased digital adoption.

Top 10 Holdings

Infosys Ltd

11.39%

Tata Consultancy Services Ltd

10.31%

Bharti Airtel Ltd

7.72%

Brainbees Solutions Ltd

6.40%

Persistent Systems Ltd

5.74%

Coforge Ltd

5.67%

PB Fintech Ltd

5.36%

Tata Elxsi Ltd

4.84%

Zomato Ltd

4.81%

Mphasis Ltd

4.38%

Fund Managers

  1. Aditya Khemani (Sep 2024 - Present)
  2. Hiten Jain (Sep 2024 - Present)

Key Information

View Scheme Document

Invesco India Technology Fund Growth SIP Calculator

If invested

5,000

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 Technology Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Invesco India Technology 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 Technology 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

Frequently Asked Questions