The Invesco India Gilt Fund - Bonus Option is an open-ended dedicated gilt fund offered by Invesco Mutual Fund and managed by Invesco Asset Management (India) Private Limited. The trustee of the fund house is Invesco Trustee Private Limited.
Investment Objective of Invesco India Gilt Fund - Bonus Option
The investment objective of Invesco India Gilt Fund - Bonus Option is to provide optimal returns to investors through investment in a portfolio that consists of instruments issued and guaranteed by State and Central Government. Derivatives could be utilised by the fund as permitted by regulations.
Key Features of Invesco India Gilt Fund - Bonus Option
Some of the significant features of Invesco India Gilt Fund - Bonus Option are as indicated in the table below:
|
Type of fund |
Open-ended dedicated gilt fund |
|
Plans available |
|
|
Options under each plan |
Both plans offer the following two options:
The Dividend Option comes with the following sub-options:
|
|
Risk |
Moderate |
|
Systematic Investment Plan |
Available |
|
Systematic Transfer Plan |
Not Available |
|
Systematic Withdrawal Plan |
Not Available |
Investment Amount for Invesco India Gilt Fund - Bonus Option
The following are the details regarding the investment amount and loads:
|
Minimum application amount |
Rs.5,000 and in multiples of Re.1 thereafter |
|
Minimum additional investment |
Rs.1,000 and in multiples of Re.1 thereafter |
|
Minimum instalment for Systematic Investment Plan (SIP) |
Rs.1,000 and in multiples of Re.1 thereafter (minimum of six instalments for monthly SIP and minimum of four instalments for quarterly SIP) |
|
Entry Load |
Not Applicable |
|
Exit Load |
Nil |
Asset Allocation for Invesco India Gilt Fund - Bonus Option
|
Instruments |
Allocations (Percentage of total assets) |
Risk Profile |
|
Government securities including treasury bills |
0% to 100% |
Sovereign |
NAV Disclosure and Benchmark for Invesco India Gilt Fund - Bonus Option
The Asset Management Company shall calculate the Net Asset Value of Invesco India Gilt Fund - Bonus Option on a daily basis and publish the same in a minimum of two daily newspapers that are circulated across India. The Asset Management Company shall also update the Net Asset Value on the website of the mutual fund and the website of the Association of Mutual Funds in India by 9:00 p.m. on each working day.
The Benchmark adopted by Invesco India Gilt Fund - Bonus Option is CRISIL 10 Year Gilt Index.
Invesco India Gilt Fund - Bonus Option Fund Manager
The Invesco India Gilt Fund - Bonus Option has been managed by Mr. Sujoy Das for almost seven years now. Mr. Das has over 21 years of work experience in fixed income markets, and manages a few other schemes for Invesco Mutual Fund, like Invesco India Short Term Fund, Invesco India Active Income Fund, and Invesco India Monthly Income Plan (MIP) Plus.
Why you should Invest in Invesco India Gilt Fund - Bonus Option
Invesco India Gilt Fund - Bonus Option is a good investment option for those who want credit risk free returns from the medium to long term. It is also a worthwhile investment option for those who want optimal returns through investment in securities issued and guaranteed by State and Central Government.
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