Invesco India Gold Fund - Growth - Latest NAV ₹17.1624, Returns, Performance & Portfolio

Invesco India Gold Fund - Growth

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    16.28%
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    (+0.3)17.1624

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years16.28%
3 Years24.51%
1 Year52.84%
6 Months39.71%
Fund Details
ISININF205K01FA4
RiskModerately High risk
Fund TypeSector - Precious Metals
NAV17.1624
Exit Load--

More about this fundstar

Top HoldingsWeightage
Invesco India Gold ETF97.65%

About Invesco India Gold Fund

The Invesco India Gold Fund is an open-ended fund of funds scheme. It seeks to provide returns that closely correspond to the returns provided by Invesco India Gold Exchange Traded Fund.

Pros & Cons of Invesco India Gold Fund

? The scheme is suitable for investors looking to diversify their portfolio by adding gold as an asset class and are bullish on the long-term prospects of gold. The scheme offers an opportunity to earn a regular income and capital appreciation over the medium to long-term. ? As on September 30, 2018, the scheme is not ranked under CRISIL’s Fund of Funds category. ? Further, it has generated returns of 10.31% per year over the last 3 years (as on January 04, 2019). However, the last 5 year returns are negative (-0.12% per year).

Fund Information and Statistics of Invesco India Gold Fund

i) Inception / Launch Date

The scheme was launched on 05 December 2011 by Invesco Mutual Fund.

ii) Risk Level

The scheme invests in units of Invesco India Gold ETF (which in turn invests in physical gold) and has a moderately-high risk level associated with it.

iii) Redemption

The minimum redemption amount is the lower of Rs. 1,000 or 100 units or the account balance. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

Mr. Nitish Sikand is the Fund Manager of the Invesco India Gold Fund.

v) Entry / Exit Load

There is no entry load in this scheme. The exit load structure is as follows: ? If the units are redeemed after one year from the date of allotment of the said units, then the exit load = Nil ? If the units are redeemed within six months from the date of allotment of the said units, then the exit load = 2% of the applicable NAV ? Also, if the units are redeemed after six months but before one year from the date of allotment of the said units, then the exit load = 1% of the applicable NAV

Tax benefits of investing in Invesco India Gold Fund

The following taxes are applicable to income arising from investing in this scheme: ? STCG from the debt component is added to the investor’s income and taxed as per the income-tax slab. ? LTCG component is taxed at 20% with indexation benefits.

About Invesco Mutual Fund

Invesco Mutual Fund endeavors to fulfill the investment needs of retail, corporate, and institutional investors through mutual funds and sub-advised portfolios. With a client-first focus and commitment to help investors reach their financial goals, the fund house works on a sustainable business model and offers the best-in-class investment products to its investors

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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns