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Fincash » Mutual Funds » Invesco India Tax Plan

Invesco India Tax Plan - G

NAV  ₹107.35 ↑ 0.97  (0.91 %) as on 1 Mar 24

Scheme Objective

The investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

Invesco India Tax Plan is a Equity - ELSS fund launched on 29 Dec 06. It is a fund with Moderately High risk and has given a CAGR return of 14.8% since its launch.  Ranked 17 in ELSS category.  Return for 2023 was 30.9% , 2022 was -7.7% and 2021 was 32.6% .

Below is the key information for Invesco India Tax Plan

NAV as on 1 Mar 24₹107.35 ↑ 0.97  (0.91 %)
Net Assets (AUM) as on 31 Jan 2024 ₹2,517 Cr.
Launch Date29 Dec 2006
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCInvesco Asset Management (India) Private Ltd
Alpha Ratio8.79
Expense Ratio2.11 %
Sharpe Ratio2.638
Information Ratio-0.73
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Mar 24

DurationReturns
1 Month 1.4%
3 Month 10.3%
6 Month 19.3%
1 Year 41.5%
3 Year 16.6%
5 Year 17.5%
10 Year
15 Year
Since launch 14.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 30.9%
2022 -7.7%
2021 32.6%
2020 19.2%
2019 9.4%
2018 -1.3%
2017 35.7%
2016 3.4%
2015 5.8%

Growth of 10k Over Years

DateValue
28 Feb 19₹10,000
29 Feb 20₹11,258
28 Feb 21₹14,106
28 Feb 22₹16,401
28 Feb 23₹15,810
29 Feb 24₹22,377
Invesco India Tax Plan Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.73%
Equity98.27%
Invesco India Tax Plan Asset Allocation

Sector Allocation

SectorValue
Financial Services28.72%
Technology13.13%
Consumer Cyclical11.8%
Industrials9.57%
Consumer Defensive8.41%
Basic Materials8.32%
Health Care5.95%
Utility5.61%
Energy3.16%
Communication Services2.53%
Real Estate1.07%
Invesco India Tax Plan Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 22 | HDFCBANK
Banks - Regional6%₹150 Cr877,737
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
Banks - Regional5%₹126 Cr1,261,235
↓ -33,920
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
Information Technology Services5%₹111 Cr722,543
↓ -67,263
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
Oil & Gas Refining & Marketing3%₹78 Cr300,211
↓ -10,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 23 | TCS
Information Technology Services3%₹71 Cr188,066
↓ -36,946
LTIMindtree Ltd (Technology)
Equity, Since 30 Apr 22 | LTIM
Information Technology Services3%₹70 Cr111,181
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Jul 21 | CHOLAFIN
Credit Services3%₹67 Cr531,481
Anand Rathi Wealth Ltd (Financial Services)
Equity, Since 31 Dec 21 | 543415
Asset Management3%₹66 Cr253,963
↓ -33,927
Bharat Electronics Ltd (Industrials)
Equity, Since 30 Nov 22 | BEL
Aerospace & Defense3%₹63 Cr3,395,095
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | AXISBANK
Banks - Regional2%₹61 Cr556,061
↓ -6,000
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Fund Managers

NameSinceTenure
Amit Nigam3 Sep 203.41 Yr.
Dhimant Kothari29 Mar 185.85 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Invesco Mutual Fund2101-A, A Wing, 21st Floor,,Marathon Futurex, N .M. Joshi Marg, Lower Parel,Mumbai

Auditors

CompanyAddress
Deloitte Haskins & Sells LLP12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli
M/s. Price WaterhouseIndia,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Invesco India Tax Plan
Growth
₹107.35
↑ 0.97
19.29 %41.54 %16.63 %17.48 %
Invesco India Tax Plan
Normal Dividend, Payout
₹26.01
↑ 0.23
18.15 %40.18 %15.87 %16.56 %
Data as on 1 Mar 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.