| Category: Equity: ELSS |
| Launch Date: 29-12-2006 |
| Asset Class: Equity |
| Benchmark: S&P BSE 200 TRI |
| Expense Ratio: 2.16% As on (30-09-2019) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 961.89 Cr As on (31-10-2019) |
| Turn over: 91.0 |
52.96
-0.04 (-0.0755%)
13.8%
S&P BSE 200 TRI 11.76%
PERFORMANCE of Invesco India Tax Plan - Growth
Scheme Performance (%) Data as on - 18-11-2019
| 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
|---|---|---|---|---|---|
| Invesco India Tax Plan - Growth | 10.47 | 13.44 | 10.04 | 13.92 | 13.8 |
| S&P BSE 200 TRI | 10.89 | 14.08 | 9.06 | 10.57 | 11.76 |
| Equity: ELSS | 8.65 | 11.37 | 8.19 | 11.3 | 12.24 |
Yearly Performance (%)
Fund Managers
Mr. Vinay Paharia, Mr. Taher Badshah
Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai. Prior to joining Religare Invesco Asset Management Company (Jan 2007-Present) he was associated with DBS Cholamandalam AMC (Jan 2006-Jan 2007), K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).
Investment Objective
The scheme aims to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. It intends to invest across market capand sectors utilizing bottom up approach. It will aim to have concentrated well researched portfolio, which would be around 20 - 50 stocks.
RETURNS CALCULATOR for Invesco India Tax Plan - Growth
Growth of 10000 In SIP (Fund vs Benchmark)
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Rolling Returns
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Riskometer
Key Performance and Risk Statistics of Invesco India Tax Plan - Growth
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Invesco India Tax Plan - Growth | 14.02 | 0.93 | -1.36 | 0.92 | - | - |
| Equity: ELSS | - | - | - | - | - | - |
PEER COMPARISION of Invesco India Tax Plan - Growth
| Scheme Name | Launch Date |
1-Year Ret (%) |
2-Yrs Ret (%) |
3-Yrs Ret (%) |
5-Yrs Ret (%) |
10-Yrs Ret (%) |
|---|---|---|---|---|---|---|
| Invesco India Tax Plan - Growth | 29-12-2006 | 10.47 | 5.4 | 13.44 | 10.04 | 13.92 |
| Axis Long Term Equity Fund - Growth | 29-12-2009 | 17.72 | 10.6 | 16.81 | 11.69 | 0.0 |
| JM Tax Gain Fund - Growth option | 31-03-2008 | 15.92 | 5.5 | 15.16 | 9.73 | 9.93 |
| BNP Paribas Long Term Equity Fund - Growth Option | 05-01-2006 | 15.23 | 3.47 | 12.6 | 8.12 | 12.54 |
| DSP Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 15.22 | 4.43 | 12.1 | 10.63 | 13.19 |
| LIC MF Tax Plan-Regular Plan-Growth | 31-03-1997 | 14.93 | 7.87 | 14.35 | 8.98 | 10.37 |
| Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option | 21-01-2015 | 14.27 | 4.34 | 14.15 | 0.0 | 0.0 |
| Tata India Tax Savings Fund-Growth-Regular Plan | 13-10-2014 | 14.04 | 4.71 | 13.94 | 12.2 | 0.0 |
| BOI AXA Tax Advantage Fund-Regular Plan- Growth | 25-02-2009 | 13.89 | 1.18 | 13.64 | 8.49 | 9.45 |
| Mirae Asset Tax Saver Fund-Regular Plan-Growth | 28-12-2015 | 13.83 | 6.92 | 17.43 | 0.0 | 0.0 |