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INVESCO INDIA ARBITRAGE FUND REVIEW

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INVESCO INDIA ARBITRAGE FUND

About Invesco Mutual Fund 

Invesco Equity MF invests your money in equity & equity-related instruments. These funds generate high returns just to grow wealth over the long-run. Basically, ideal for aggressive investors who are looking forward to long-term goals. 

About Invesco India Arbitrage Fund 

It is a hybrid mutual fund scheme that was launched by Invesco mutual fund. Later on, it was introduced on 25th July 2014 to its investors. Currently, the fund is managed by Pranav Gokhale. Talking about AUM, it is of INR 320 Cr, and, the latest NAV is of INR 25.05 (dated as of 27th April 2020). The fund growth is rated moderately low risk. Also, the minimum SIP investment amount is INR 320 Cr, and, the latest NAV is of INR 25.05 (dated as of 27th April 2020). The fund growth is rated moderately low risk. Also, the minimum SIP investment is INR 500.  

Investment Objective 

The objective of the investment scheme is to generate income through arbitrage opportunities emerging out of between the cash market & the derivatives market through the deployment of surplus cash in the form of fixed income instruments.  

Tax Implications 

Returns are taxed at 15%, only if you redeem before 1 year.  

Pros of the Fund 

Here: 

  • Age is more than 5 years 
  • Risk is low as compared to the benchmark 
  • Low expense ratio 
  • 1-year returns are higher than the benchmark 
  • 3-year returns are high as compared to the benchmark 
  • 5-year returns are high as done comparison with the benchmark 

Top Holdings 

Name  Sector  Instrument  % Assets 
Housing Development Finance Corpn. Ltd.  Financial  Equity  8.8% 
ITC Ltd.  FMCG  Equity  7.4% 
Bharti Airtel Ltd.  Communication  Equity  6.0% 
Sun Pharmaceutical Inds. Ltd.  Healthcare  Equity  4.9% 
Infosys Ltd.  Technology  Equity  4.0% 
Hindustan Unilever Ltd.  FMCG  Equity  4.0% 
HDFC Bank Ltd.  Financial  Fixed Deposits  3.6% 
Reliance Industries Ltd.  Energy  Equity  3.4% 
Sundaram Finance Ltd.  Financial  NCD  3.2% 
Grasim Industries Ltd.  Construction  Equity  3.0% 

 

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected] 

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*Disclaimer: investment in securities market are subject to market risks, read all the related documents carefully before investing

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