Invesco India Arbitrage Fund - Growth - Regular Plan

₹23.37 0.05 %Nav, as on 18-10-2019
Previous Nav
₹ 23.3635
Net Change on 18-10-2019
₹0.01
PersonalFN Rating
Unrated
Category
Hybrid - Arbitrage Fund
Assets (Cr.)
₹ 234.38
Expense Ratio
1%
(As on Sep 30, 2019)

Fund Overview Growth | Regular Plan

Fund House
Invesco Mutual Fund
Launch Date
30-Apr-2007
Benchmark
NIFTY 50 - TRI
Minimum Investment (₹)
1,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
0.50% on or before 15D, Nil after 15D
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
22.02
52 Week Low Nav Date
24-Oct-2018
52 Week High Nav (₹)
23.37
52 Week High Nav Date
18-Oct-2019

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.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Invesco India Arbitrage Fund - Growth Option	0.71	1.67	6.12	5.99	6.48	7.04
NIFTY 50 - TRI	1.98	4.01	3.99	14.97	14.08	13.54
Nifty 50 Arbitrage Index	0.59	1.70	6.72	N/A	N/A	5.57

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Invesco India Arbitrage Fund - Growth Option	Apr 30, 2007	Unrated	6.12	5.99	6.48	1.00	227.56
Kotak Equity Arbitrage Fund - Growth	Sep 29, 2005	Unrated	6.32	6.22	6.63	1.00	15,972.44
ICICI Prudential Equity Arbitrage Fund - Growth	Dec 30, 2006	Unrated	6.23	6.08	6.54	0.93	12,925.03
IDFC Arbitrage Fund-Regular Plan- Growth	Dec 21, 2006	Unrated	6.46	6.14	6.48	1.09	10,163.42
Nippon India Arbitrage Fund - Growth Plan - Growth Option	Oct 14, 2010	Unrated	6.46	6.33	6.81	1.08	9,441.45
HDFC ARBITRAGE FUND WHOLESALE PLAN GROWTH OPTION	Oct 23, 2007	Unrated	6.13	5.82	6.37	0.85	5,268.14

Fund Holdings as on 31-August-2019

Company % Assets
Net Receivables / (Payables)
62.64
7.45% HDFC Bank Limited 2019 (Duration 365 days)
16.28
Triparty Repo
8.30
Reliance Industries Limited
7.80
Housing Development Finance Corporation Limited
7.67
Tata Consultancy Services Limited
7.45
Axis Bank Limited
4.66
8.60% LIC Housing Finance Limited 2020 **
4.32
8.35% Sundaram Finance Limited 2021 **
4.31
Larsen & Toubro Limited
3.78
Asian Paints Limited
3.77
Infosys Limited
3.05
ITC Limited
2.77
8.53% Power Finance Corporation Limited 2020 **
2.16
6.98% National Bank For Agriculture and Rural Development 2020 **
2.14
Hindustan Zinc Limited
2.01
GAIL (India) Limited
1.92
Cadila Healthcare Limited
1.89
Oil & Natural Gas Corporation Limited
1.82
Grasim Industries Limited
1.77
Multi Commodity Exchange of India Limited
1.43
HDFC Bank Limited
1.43
State Bank of India
1.33
IndusInd Bank Limited
1.31
HCL Technologies Limited
1.22
Glenmark Pharmaceuticals Limited
1.11
Power Finance Corporation Limited
1.11
United Spirits Limited
1.01
Bank of Baroda
0.98
Tech Mahindra Limited
0.96
Sun Pharmaceutical Industries Limited
0.66
ICICI Bank Limited
0.53
JSW Steel Limited
0.46
Power Grid Corporation of India Limited
0.44
Bajaj Finserv Limited
0.38
Bajaj Finance Limited
0.36
Bharat Heavy Electricals Limited
0.29
UPL Limited
0.24
Ashok Leyland Limited
0.15
Cipla Limited
0.14
Maruti Suzuki India Limited
0.14
UltraTech Cement Limited
0.10
Hindustan Petroleum Corporation Limited
0.09
Manappuram Finance Limited
0.06
NCC Limited
0.06
Steel Authority of India Limited
0.05
Mahindra & Mahindra Limited
0.05
Kotak Mahindra Bank Limited
0.02
Kotak Mahindra Bank Limited
-0.02
Mahindra & Mahindra Limited
-0.05
Steel Authority of India Limited
-0.05
NCC Limited
-0.06
Manappuram Finance Limited
-0.06
Hindustan Petroleum Corporation Limited
-0.09
UltraTech Cement Limited
-0.10
Maruti Suzuki India Limited
-0.14
Cipla Limited
-0.14
Ashok Leyland Limited
-0.15
UPL Limited
-0.24
Bharat Heavy Electricals Limited
-0.29
Bajaj Finance Limited
-0.36
Bajaj Finserv Limited
-0.38
Power Grid Corporation of India Limited
-0.45
JSW Steel Limited
-0.47
ICICI Bank Limited
-0.53
Sun Pharmaceutical Industries Limited
-0.66
Tech Mahindra Limited
-0.96
Bank of Baroda
-0.98
United Spirits Limited
-1.01
Glenmark Pharmaceuticals Limited
-1.11
Power Finance Corporation Limited
-1.11
HCL Technologies Limited
-1.22
IndusInd Bank Limited
-1.31
State Bank of India
-1.33
Multi Commodity Exchange of India Limited
-1.41
HDFC Bank Limited
-1.43
Grasim Industries Limited
-1.78
Oil & Natural Gas Corporation Limited
-1.82
Cadila Healthcare Limited
-1.90
GAIL (India) Limited
-1.92
Hindustan Zinc Limited
-2.02
ITC Limited
-2.78
Infosys Limited
-3.06
Asian Paints Limited
-3.78
Larsen & Toubro Limited
-3.78
Axis Bank Limited
-4.66
Tata Consultancy Services Limited
-7.47
Housing Development Finance Corporation Limited
-7.69
Reliance Industries Limited
-7.83

Sector Holding%
Miscellaneous
70.24
IT - Software
14.50
Bank - Private
9.57
Refineries
9.16
Finance - Housing
8.51
Paints
4.23
Cigarettes/Tobacco
3.01
Pharmaceuticals & Drugs
2.56
Automobiles - Passenger Cars
2.21
Industrial Gases & Fuels
2.05
Automobile Two & Three Wheelers
1.98
Diversified
1.88
Breweries & Distilleries
1.83
Steel & Iron Products
1.01
Telecommunication - Service Provider
0.60
Finance - NBFC
0.52
Finance - Investment
0.47
Finance Term Lending
0.46
Consumer Food
0.44
Oil Exploration
0.35
Pesticides & Agrochemicals
0.21
Cement & Construction Materials
0.11
Engineering - Construction
0.06
Household & Personal Products
0.05

About Invesco India Arbitrage Fund

Scheme Analysis

Invesco India Arbitrage Fund is a Hybrid - Arbitrage Fund fund and belongs to Invesco Mutual Fund. It was launched on 30-Apr-2007 and currently has an AUM of ₹234.38 crore. Invesco India Arbitrage Fund is benchmarked against NIFTY 50 - TRI as primary index and Nifty 50 Arbitrage Index as secondary index.

The NAV of Invesco India Arbitrage Fund ended up ₹0.01(0.05%)yesterday to ₹23.37.

Among its top 3 holdings the fund has exposure to Net Receivables / (Payables), 7.45% HDFC Bank Limited 2019 (Duration 365 days) and Triparty Repo

The Invesco India Arbitrage Fund is managed by Pranav Gokhale .

Fund House Contact

Address:

2101-A, A Wing, 21st Floor, Marathon Futurex, N. M. Joshi Marg, Lower Parel Mumbai - 400 013

Phone Number: 022 - 67310000

Email Address: mfservice@religare.com

Fax Number: 022 - 23019422

Website: www.invescomutualfund.com.com

Fund Manager

Pranav Gokhale

Education:M.Com, Chartered Accountant
Experience:11 Years
Basic Details:Pranav is a Chartered Accountant from the Institute of Chartered Accountants of India, New Delhi and has also done his M.Com. from Mumbai University. He has around 11 years’ experience, which includes 8 years in Indian equity markets. He has worked with IL&FS as Assistant Manager - Senior Equity Analyst, ICICI Direct as Assistant Manager - Research. International Ship Repair LLC Fujairah as Senior Financial Officer and Rosy Blue Securities.
Funds Managed:
Invesco India Arbitrage Fund
Invesco India Dynamic Equity Fund
Invesco India Infrastructure Fund
Invesco India Midcap Fund
Invesco India Multicap Fund
Invesco India Nifty Exchange Traded Fund
Invesco India PSU Equity Fund
Invesco India Smallcap Fund

Holding Type Holding %
Cash
70.94
CRISIL AAA
12.93
Deposits
16.28
Derivatives
-66.60
Equity
66.47

Financial Health Checkup

Money Simplified Videos

Infographics