NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Invesco India Arbitrage Fund Growth for NRI [30.31]

Min Investment

1,000

Fund Size

17,361.72 Cr

Expense Ratio

1.1%

Exit Load

0.5%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

30.31

0.02%

NAV as on 03 Oct 24, 12:00 AM

low risk

arbitrage fund

equity

NAV as on 03 Oct 24, 12:00 AM

low risk

arbitrage fund

equity

7.44%p.a.

Last 1Y

6.33%p.a.

Last 3Y

5.47%p.a.

Last 5Y

6.57%p.a.

Since Inception

About Invesco India Arbitrage Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Invesco India Arbitrage Fund Growth scheme from Invesco Asset Management (India) Private Ltd. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Apr 2007, Invesco India Arbitrage Fund Growth is Arbitrage Fund fund of its category with 17,361.72 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.

  • Invesco India Arbitrage Fund Growth delivered 7.4% annual returns during the last year. It has delivered 6.6% average annual returns since the fund was launched.
  • Invesco India Arbitrage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

To generate income through arbitrage opportunities emerging out of difference in pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments.

Top 10 Holdings

Invesco India Liquid Dir Gr

9.28%

Invesco India Money Market Dir Gr

7.02%

Tata Motors Ltd

6.32%

Future on Tata Motors Ltd Cedear

6.21%

Future on Adani Enterprises Ltd

4.21%

Adani Enterprises Ltd

4.17%

Reliance Industries Limited September 2024 Future

4.14%

Reliance Industries Ltd

4.12%

Future on Oil & Natural Gas Corp Ltd

3.74%

Oil & Natural Gas Corp Ltd

3.72%

Fund Managers

  1. Deepak Gupta (Nov 2021 - Present)
  2. Kuber Mannadi (Sep 2022 - Present)

Key Information

View Scheme Document

Invesco India Arbitrage Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Invesco India Arbitrage Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Invesco India Arbitrage Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Invesco India Arbitrage Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions