INVESCO Tax Plan Fund Review

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INVESCO Tax Plan Fund

About Invesco Mutual Fund 

Invesco mutual fund offers mutual funds & sub-advised portfolio(s) to fulfill financial needs of companies, institutions, and investors. A team of professionals manage the portfolio to attain optimum risk adjusted returns. Also, it follows a sustainable business model which ultimately incorporates the business dynamics to deliver financial care & world-class service.  

About Invesco Tax Plan Fund 

Invesco India tax plan fund is an equity fund scheme that was launched by Invesco mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Dhimant Kothari, and Amit Ganatra. Talking about AUM, it is of INR 988 Cr, and, the latest NAV is INR 60.92 (dated as of 17th Jan 2020). The fund growth is rated moderately high risk. The minimum SIP investment is INR 500.  

Investment Objective 

The objective of the investment is to generate long-term capital growth from a diversified portfolio of pre-dominantly equity & equity-related securities.  

Tax Implications 

Up to INR 1.5 lakh will be tax-free under Section 80C. Lock-in-period of 3 years will be there; and, returns will be taxed at 10%.  

Top Holdings 

Top Holdings
HDFC Bank Ltd 8.73%
Reliance Industries Ltd 8.64%
ICICI Bank Ltd 8.46%
Housing Development Finance Corp Ltd 7.06%
Infosys Ltd 5.02%
ITC Ltd 3.89%
Maruti Suzuki India Ltd 3.63%
Kotak Mahindra Bank Ltd 3.63%
Axis Bank Ltd 3.59%
Hindustan Unilever Ltd 2.91%


How to Invest Invesco Tax Plan Fund with Gulaq?     

Invesco Tax Plan Fund investment is not a fuss, especially with Gulaq. With hassle-free and paperless documentation, the summing-up of your investment journey becomes easy. All you need to do is:    

  • Sign-in at gulaq.com. You can also check your KYC for FREE     
  • Fetch in your amount (whether SIP or lumpsum)    
  • Submit ‘Invest Now’    

*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.

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