Invesco India ELSS Tax Saver Fund Growth

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Equity
ELSS (Tax Savings)
Rating 3
Plan

108.36 -0.24 (-0.22%) NAV as on 16 Apr, 2024

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)2544.51
CAGR 41.41%
Exit Load0.00%
Expense ratio1.93%
CategoryEquity
Min Investment500
Min SIP500
Launch Date2006-12-29

Asset Allocation

Holdings As On - 18 April 2024

Holdings

Sectors

Name
Value (Cr)
Holding %

ICICI Bank
137.90
5.45%

HDFC Bank
134.18
5.30%

Infosys
119.41
4.72%

Reliance Industries
114.49
4.53%

Axis Bank
68.73
2.72%

Indusind Bank
66.67
2.64%

Maruti Suzuki India
62.83
2.48%

Mankind Pharma
60.03
2.37%

Bank Of Baroda
57.22
2.26%

Peer Comparison

Fund Name
Motilal Oswal ELSS Tax Saver Fund Regular Plan Growth55.09%
Sundaram ELSS Tax Saver Fund Regular Plan - Growth34.05%
Invesco India ELSS Tax Saver Fund Growth41.41%
Sundaram Diversified Equity Fund Growth27.86%
Parag Parikh ELSS Tax Saver Fund Regular Growth31.86%

Risk & Volitility

Alpha -0.33%
Beta 0.95
Sharpe Ratio0.81
Std Deviation 13.33%
Tracking Error 4.32%

About Fund

To generate long term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments.

The Invesco India ELSS Tax Saver Fund Growth has an AUM of 2544.51 crores & has delivered CAGR of 16.31% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.93%. The minimum investment in Invesco India ELSS Tax Saver Fund Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

The top holdings of the fund include ICICI Bank, HDFC Bank, Infosys & Reliance Industries.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Biotechnology & Drugs.

Some of the similar funds are Motilal Oswal ELSS Tax Saver Fund Regular Plan Growth, Sundaram ELSS Tax Saver Fund Regular Plan - Growth, Invesco India ELSS Tax Saver Fund Growth, Sundaram Diversified Equity Fund Growth, Parag Parikh ELSS Tax Saver Fund Regular Growth. Invesco India ELSS Tax Saver Fund Growth has a sharpe ratio of 0.81 & a standard deviation of 13.33%.