How to Invest in Invesco India ELSS Tax Saver Fund Direct Growth?

You can easily invest in Invesco India ELSS Tax Saver Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Invesco India ELSS Tax Saver Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Invesco India ELSS Tax Saver Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Invesco India ELSS Tax Saver Fund Direct Growth provide?

The Invesco India ELSS Tax Saver Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 20.57% since its inception.

How much expense ratio is charged by Invesco India ELSS Tax Saver Fund Direct Growth?

The term Expense Ratio used for Invesco India ELSS Tax Saver Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Invesco India ELSS Tax Saver Fund Direct Growth is 0.76% as of 04 Dec 2023...

What is the AUM of Invesco India ELSS Tax Saver Fund Direct Growth?

The AUM, short for Assets Under Management of Invesco India ELSS Tax Saver Fund Direct Growth is ₹2,159.15Cr as of 04 Dec 2023.

How to Redeem Invesco India ELSS Tax Saver Fund Direct Growth?

If you want to sell your Invesco India ELSS Tax Saver Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Invesco India ELSS Tax Saver Fund Direct Growth?

You can select either SIP or Lumpsum investment of Invesco India ELSS Tax Saver Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Invesco India ELSS Tax Saver Fund Direct Growth?

The NAV of Invesco India ELSS Tax Saver Fund Direct Growth is ₹112.76 as of 01 Dec 2023.

What is the PE and PB ratio of Invesco India ELSS Tax Saver Fund Direct Growth?

The PE ratio ratio of Invesco India ELSS Tax Saver Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Invesco India ELSS Tax Saver Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Invesco India ELSS Tax Saver Fund Direct Growth
Equity
ELSS
Very High Risk
3Y Lock In
18.84%
3Y annualised
+0.78% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹112.76
Min. SIP amount₹500
Rating2
Fund size₹2,159.15Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns20.6%18.8%16.0%17.3%
Category average16.9%19.9%15.6%NA
Rank with in category92519NA
Understand terms
Holdings (54)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity6.5%
ICICI Bank Ltd.
FinancialEquity5.9%
Infosys Ltd.
TechnologyEquity5.0%
Tata Consultancy Services Ltd.
TechnologyEquity3.5%
Reliance Industries Ltd.
EnergyEquity3.3%
Anand Rathi Wealth Ltd.
FinancialEquity2.7%
LTIMindtree Ltd.
TechnologyEquity2.6%
Axis Bank Ltd.
FinancialEquity2.6%
Cholamandalam Investment and Finance Company Ltd.
FinancialEquity2.4%
Avenue Supermarts Ltd.
ServicesEquity2.4%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity ELSS
Pros
Cons
Exit load is zero
3Y annualised returns lower than category average by 1.11%
Lower expense ratio: 0.76%
Lock-in period: 3Y
1Y, 5Y and 10Y annualised returns higher than category average
Low rating: 2
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
23 Nov 2023 - Present
0.76%
22 Nov 2023 - 23 Nov 2023
0.76%
21 Nov 2023 - 22 Nov 2023
0.76%
20 Nov 2023 - 21 Nov 2023
0.76%
19 Nov 2023 - 20 Nov 2023
0.76%
18 Nov 2023 - 19 Nov 2023
0.76%
17 Nov 2023 - 18 Nov 2023
0.76%
16 Nov 2023 - 17 Nov 2023
0.76%
15 Nov 2023 - 16 Nov 2023
0.76%
14 Nov 2023 - 15 Nov 2023
0.76%
13 Nov 2023 - 14 Nov 2023
0.76%
12 Nov 2023 - 13 Nov 2023
0.76%
11 Nov 2023 - 12 Nov 2023
0.76%
10 Nov 2023 - 11 Nov 2023
0.76%
09 Nov 2023 - 10 Nov 2023
0.76%
08 Nov 2023 - 09 Nov 2023
0.76%
07 Nov 2023 - 08 Nov 2023
0.76%
06 Nov 2023 - 07 Nov 2023
0.76%
05 Nov 2023 - 06 Nov 2023
0.76%
04 Nov 2023 - 05 Nov 2023
0.76%
03 Nov 2023 - 04 Nov 2023
0.76%
02 Nov 2023 - 03 Nov 2023
0.76%
01 Nov 2023 - 02 Nov 2023
0.76%
31 Oct 2023 - 01 Nov 2023
0.76%
30 Oct 2023 - 31 Oct 2023
0.76%
29 Oct 2023 - 30 Oct 2023
0.76%
28 Oct 2023 - 29 Oct 2023
0.76%
27 Oct 2023 - 28 Oct 2023
0.76%
26 Oct 2023 - 27 Oct 2023
0.76%
25 Oct 2023 - 26 Oct 2023
0.76%
24 Oct 2023 - 25 Oct 2023
0.76%
23 Oct 2023 - 24 Oct 2023
0.76%
22 Oct 2023 - 23 Oct 2023
0.76%
21 Oct 2023 - 22 Oct 2023
0.76%
20 Oct 2023 - 21 Oct 2023
0.76%
19 Oct 2023 - 20 Oct 2023
0.76%
18 Oct 2023 - 19 Oct 2023
0.76%
17 Oct 2023 - 18 Oct 2023
0.76%
16 Oct 2023 - 17 Oct 2023
0.76%
15 Oct 2023 - 16 Oct 2023
0.76%
14 Oct 2023 - 15 Oct 2023
0.76%
13 Oct 2023 - 14 Oct 2023
0.76%
12 Oct 2023 - 13 Oct 2023
0.76%
11 Oct 2023 - 12 Oct 2023
0.76%
10 Oct 2023 - 11 Oct 2023
0.76%
09 Oct 2023 - 10 Oct 2023
0.76%
08 Oct 2023 - 09 Oct 2023
0.76%
07 Oct 2023 - 08 Oct 2023
0.76%
06 Oct 2023 - 07 Oct 2023
0.76%
05 Oct 2023 - 06 Oct 2023
0.76%
04 Oct 2023 - 05 Oct 2023
0.76%
03 Oct 2023 - 04 Oct 2023
0.76%
02 Oct 2023 - 03 Oct 2023
0.76%
01 Oct 2023 - 02 Oct 2023
0.76%
30 Sep 2023 - 01 Oct 2023
0.76%
29 Sep 2023 - 30 Sep 2023
0.76%
28 Sep 2023 - 29 Sep 2023
0.76%
27 Sep 2023 - 28 Sep 2023
0.79%
26 Sep 2023 - 27 Sep 2023
0.79%
25 Sep 2023 - 26 Sep 2023
0.79%
24 Sep 2023 - 25 Sep 2023
0.79%
23 Sep 2023 - 24 Sep 2023
0.79%
22 Sep 2023 - 23 Sep 2023
0.79%
21 Sep 2023 - 22 Sep 2023
0.79%
20 Sep 2023 - 21 Sep 2023
0.79%
19 Sep 2023 - 20 Sep 2023
0.79%
18 Sep 2023 - 19 Sep 2023
0.79%
17 Sep 2023 - 18 Sep 2023
0.79%
16 Sep 2023 - 17 Sep 2023
0.79%
15 Sep 2023 - 16 Sep 2023
0.79%
14 Sep 2023 - 15 Sep 2023
0.79%
13 Sep 2023 - 14 Sep 2023
0.79%
12 Sep 2023 - 13 Sep 2023
0.79%
11 Sep 2023 - 12 Sep 2023
0.79%
10 Sep 2023 - 11 Sep 2023
0.79%
09 Sep 2023 - 10 Sep 2023
0.79%
08 Sep 2023 - 09 Sep 2023
0.79%
07 Sep 2023 - 08 Sep 2023
0.79%
06 Sep 2023 - 07 Sep 2023
0.79%
05 Sep 2023 - 06 Sep 2023
0.79%
04 Sep 2023 - 05 Sep 2023
0.79%
03 Sep 2023 - 04 Sep 2023
0.79%
02 Sep 2023 - 03 Sep 2023
0.79%
01 Sep 2023 - 02 Sep 2023
0.79%
31 Aug 2023 - 01 Sep 2023
0.79%
31 Jul 2023 - 31 Aug 2023
0.79%
30 Jun 2023 - 31 Jul 2023
0.90%
31 May 2023 - 30 Jun 2023
0.92%
30 Apr 2023 - 31 May 2023
0.92%
31 Mar 2023 - 30 Apr 2023
0.92%
28 Feb 2023 - 31 Mar 2023
0.92%
31 Jan 2023 - 28 Feb 2023
0.92%
31 Dec 2022 - 31 Jan 2023
0.92%
31 Dec 2022 - 31 Dec 2022
0.92%
31 Dec 2022 - 31 Dec 2022
0.92%
30 Nov 2022 - 31 Dec 2022
0.92%
30 Nov 2022 - 30 Nov 2022
0.92%
30 Nov 2022 - 30 Nov 2022
0.92%
31 Oct 2022 - 30 Nov 2022
0.92%
31 Oct 2022 - 31 Oct 2022
0.92%
31 Oct 2022 - 31 Oct 2022
0.92%
31 Oct 2022 - 31 Oct 2022
0.92%
30 Sep 2022 - 31 Oct 2022
0.92%
30 Sep 2022 - 30 Sep 2022
0.92%
30 Sep 2022 - 30 Sep 2022
0.92%
31 Aug 2022 - 30 Sep 2022
0.92%
31 Aug 2022 - 31 Aug 2022
0.92%
31 Jul 2022 - 31 Aug 2022
0.85%
31 Jul 2022 - 31 Jul 2022
0.85%
30 Jun 2022 - 31 Jul 2022
0.85%
30 Jun 2022 - 30 Jun 2022
0.85%
31 May 2022 - 30 Jun 2022
0.85%
31 May 2022 - 31 May 2022
0.85%
30 Apr 2022 - 31 May 2022
0.68%
30 Apr 2022 - 30 Apr 2022
0.68%
31 Mar 2022 - 30 Apr 2022
0.68%
31 Mar 2022 - 31 Mar 2022
0.68%
28 Feb 2022 - 31 Mar 2022
0.68%
28 Feb 2022 - 28 Feb 2022
0.68%
31 Jan 2022 - 28 Feb 2022
0.68%
31 Dec 2021 - 31 Jan 2022
0.68%
30 Nov 2021 - 31 Dec 2021
0.88%
31 Oct 2021 - 30 Nov 2021
0.88%
30 Sep 2021 - 31 Oct 2021
0.88%
31 Aug 2021 - 30 Sep 2021
0.94%
31 Jul 2021 - 31 Aug 2021
0.94%
30 Jun 2021 - 31 Jul 2021
0.96%
31 May 2021 - 30 Jun 2021
0.98%
30 Apr 2021 - 31 May 2021
0.92%
31 Mar 2021 - 30 Apr 2021
0.91%
28 Feb 2021 - 31 Mar 2021
0.91%
31 Jan 2021 - 28 Feb 2021
0.90%
31 Dec 2020 - 31 Jan 2021
0.90%
30 Nov 2020 - 31 Dec 2020
0.90%
31 Oct 2020 - 30 Nov 2020
0.90%
30 Sep 2020 - 31 Oct 2020
1.00%
31 Aug 2020 - 30 Sep 2020
1.15%
31 Jul 2020 - 31 Aug 2020
1.15%
30 Jun 2020 - 31 Jul 2020
1.15%
31 May 2020 - 30 Jun 2020
1.35%
30 Apr 2020 - 31 May 2020
1.35%
31 Mar 2020 - 30 Apr 2020
1.32%
29 Feb 2020 - 31 Mar 2020
1.32%
31 Jan 2020 - 29 Feb 2020
1.35%
31 Dec 2019 - 31 Jan 2020
1.35%
30 Nov 2019 - 31 Dec 2019
1.32%
31 Oct 2019 - 30 Nov 2019
1.32%
30 Sep 2019 - 31 Oct 2019
1.25%
31 Aug 2019 - 30 Sep 2019
1.36%
31 Jul 2019 - 31 Aug 2019
0.97%
30 Jun 2019 - 31 Jul 2019
0.98%
31 May 2019 - 30 Jun 2019
0.98%
30 Apr 2019 - 31 May 2019
0.98%
31 Mar 2019 - 30 Apr 2019
0.92%
28 Feb 2019 - 31 Mar 2019
0.99%
31 Jan 2019 - 28 Feb 2019
0.99%
31 Dec 2018 - 31 Jan 2019
0.99%
30 Nov 2018 - 31 Dec 2018
0.99%
31 Oct 2018 - 30 Nov 2018
0.99%
30 Sep 2018 - 31 Oct 2018
0.99%
31 Aug 2018 - 30 Sep 2018
1.00%
31 Jul 2018 - 31 Aug 2018
1.00%
30 Jun 2018 - 31 Jul 2018
1.00%
31 May 2018 - 30 Jun 2018
0.88%
30 Apr 2018 - 31 May 2018
0.88%
31 Mar 2018 - 30 Apr 2018
0.88%
28 Feb 2018 - 31 Mar 2018
0.89%
31 Jan 2018 - 28 Feb 2018
1.07%
31 Dec 2017 - 31 Jan 2018
1.07%
30 Nov 2017 - 31 Dec 2017
1.07%
31 Oct 2017 - 30 Nov 2017
1.07%
Expense ratio, exit load and taxExpense ratio: 0.76%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementAmit Nigam
Sep 2020 - Present
View details
Education
Mr. Nigam is BE from IIT, Roorkee and PGDBM from IIM, Indore.
Experience
Prior to joining Invesco Mutual Fund, he has worked with Essel Finance AMC Ltd., BNP Paribas Asset Management India Pvt. Ltd.
Also manages these schemes
Invesco India Largecap Fund Direct Growth
Invesco India Infrastructure Fund Direct Growth
Invesco India Multicap Fund Direct Growth
Invesco India ELSS Tax Saver Fund Direct Growth
Invesco India Invesco Pan European Equity FoF Direct Growth
Invesco India Invesco Global Equity Income FoF Direct Growth
Invesco India Equity & Bond Fund Direct Growth
Invesco India Smallcap Fund Direct Growth
Invesco India Equity Savings Fund Direct Growth
Invesco India Focused 20 Equity Fund Direct Growth
Invesco India Invesco Global Consumer Trends FoF Direct Growth
Invesco India ESG Equity Fund Direct Growth
Invesco India Flexi Cap Fund Direct Growth
Invesco India Invesco EQQQ NASDAQ 100 ETF FoF Direct Growth
Dhimant Kothari
Mar 2018 - Present
View details
Education
Mr. Kothari is a Chartered Accountant and holds a Commerce degree.
Experience
In his last assignment, he was working as Senior Manager – Research with Credit Analysis and Research Ltd., His other assignments include Lotus India Asset Management and CRISIL Ltd.
Also manages these schemes
Invesco India Balanced Advantage Fund Direct Growth
Invesco India Contra Fund Direct Growth
Invesco India Financial Services Fund Direct Growth
Invesco India Largecap Fund Direct Growth
Invesco India PSU Equity Fund Direct Growth
Invesco India Multicap Fund Direct Growth
Invesco India ELSS Tax Saver Fund Direct Growth
Invesco India Equity & Bond Fund Direct Growth
Invesco India Equity Savings Fund Direct Growth
Fund house & investment objective
Invesco Mutual Fund
Rank (total assets)#16 in India
Total AUM₹60,183.97Cr
Date of Incorporation24 Jul 2006
 Invesco India ELSS Tax Saver Fund Direct Growth is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 24 Jul 2006. Amit Ganatra, Dhimant Kothari is the Current Fund Manager of Invesco India ELSS Tax Saver Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹60,184 Cr and the Latest NAV as of 01 Dec 2023 is ₹112.76.
The Invesco India ELSS Tax Saver Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.
;
Investment ObjectiveThe 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 capitalisation sectors utilizing bottom up approach. It will aim to have concentrated well researched portfolio, which would be around 20 - 50 stocks.
;
Fund benchmarkS&P BSE 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
2101 - A-A Wing - 21st Floor,Marathon Futurex,N.M. Joshi Marg, Lower Parel, Mumbai 400013
Phone
022-67310000 / 1800-209-0007
Launch Date
24 Jul 2006
E-mail
NA
Website
www.invescomutualfund.com
Invesco Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Invesco India ELSS Tax Saver Fund Direct Growth
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Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	20.6%	18.8%	16.0%	17.3%
Category average	16.9%	19.9%	15.6%	NA
Rank with in category	9	25	19	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	6.5%
ICICI Bank Ltd.	Financial	Equity	5.9%
Infosys Ltd.	Technology	Equity	5.0%
Tata Consultancy Services Ltd.	Technology	Equity	3.5%
Reliance Industries Ltd.	Energy	Equity	3.3%
Anand Rathi Wealth Ltd.	Financial	Equity	2.7%
LTIMindtree Ltd.	Technology	Equity	2.6%
Axis Bank Ltd.	Financial	Equity	2.6%
Cholamandalam Investment and Finance Company Ltd.	Financial	Equity	2.4%
Avenue Supermarts Ltd.	Services	Equity	2.4%

Rank (total assets)	#16 in India
Total AUM	₹60,183.97Cr

Date of Incorporation	24 Jul 2006

Fund benchmark	S&P BSE 500 Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	2
Fund size	₹2,159.15Cr

Invesco India ELSS Tax Saver Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (54)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.76%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Amit NigamSep 2020 - PresentView details

Dhimant KothariMar 2018 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Amit Nigam
Sep 2020 - Present
View details

Dhimant Kothari
Mar 2018 - Present
View details