Invesco India Corporate Bond Fund - Growth - Regular Plan

Item: Invesco India Corporate Bond Fund - Growth - Regular Plan
Rating: 2
Author: PersonalFN

₹2483.4968 (-0.05%)Nav, as on 16-04-2021
Previous Nav
₹ 2484.7307
Net Change on 16-04-2021
₹-1.23
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 2,914.44
Expense Ratio
0.6%
(As on Feb 28, 2021)

Fund Overview Growth | Regular Plan

Fund House
Invesco Mutual Fund
Launch Date
02-Aug-2007
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
1,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
2296.54
52 Week Low Nav Date
28-Apr-2020
52 Week High Nav (₹)
2486.47
52 Week High Nav Date
06-Apr-2021

Fund Objective

To generate regular and stable income by investing predominantly in bonds issued by corporates. The scheme will invest in bonds which are rated AA+/ AAA by credit rating agencies.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Invesco India Corporate Bond Fund - Growth	10.61	2.19	8.58	8.15	7.50	6.86
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL AAA Short Term Bond Index	N/A	N/A	N/A	N/A	N/A	N/A

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

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Invesco India Corporate Bond Fund - Growth	Aug 02, 2007	8.58	8.15	7.50	0.60	2,914.44
HDFC Corporate Bond Fund - Growth Option	Jun 29, 2010	9.69	8.83	8.50	0.60	29,880.38
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997	10.20	8.93	8.51	0.46	23,508.49
IDFC CBF_Regular Plan_Growth	Jan 12, 2016	10.05	8.08	7.94	0.58	22,942.72
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009	9.35	8.35	8.05	0.59	19,145.81
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007	8.08	8.26	8.07	0.65	8,884.12

Fund Holdings as on 31-March-2021

Company % Assets
Triparty Repo
9.48
7.68% Government of India 2023
6.61
National Bank For Agriculture and Rural Development 2021
4.55
6.72% Power Finance Corporation Limited 2023 **
4.08
7.87% Housing Development Finance Corporation Limited 2022
3.64
8.02% Larsen & Toubro Limited 2022 **
3.39
4.79% Hindustan Petroleum Corporation Limited 2023 **
3.07
6.78% Mahindra & Mahindra Limited 2023 **
2.66
6.55% National Housing Bank 2023 **
2.66
5.9% LIC Housing Finance Limited 2023 **
2.61
8.45% Sikka Ports and Terminals Limited 2023 **
2.55
5.22% Government of India 2025
2.54
6.4% National Bank For Agriculture and Rural Development 2023
2.30
5.4% Housing Development Finance Corporation Limited 2023
2.07
5.14% National Bank For Agriculture and Rural Development 2024
2.05
8.9% State Bank of India 2028 **
2.03
5.32% National Housing Bank 2023 **
1.91
7.32% Government of India 2024
1.82
7.05% Reliance Industries Limited 2023 **
1.81
7.2% Larsen & Toubro Limited 2023 **
1.79
6.55% NTPC Limited 2023 **
1.77
6.3% State Government Securities 2023
1.76
6.39% Indian Oil Corporation Limited 2025 **
1.75
5.10% Sundaram Finance Limited 2023 **
1.70
5.8% National Housing Bank 2023 **
1.57
4.64% Oil & Natural Gas Corporation Limited 2023 **
1.37
Bajaj Housing Finance Limited 2022 (ZCB) **
1.34
6.18% Government of India 2024
1.32
7.5% HDB Financial Services Limited 2022 **
1.24
7.50% Sundaram Finance Limited 2022 **
1.24
8.34% Housing & Urban Development Corporation Limited 2022 **
1.14
6.85% Power Grid Corporation of India Limited 2025 **
1.07
6.99% Housing & Urban Development Corporation Limited 2022 **
1.06
7.05% National Housing Bank 2024 **
0.90
8.5884% Bajaj Housing Finance Limited 2022 **
0.90
8.5450% HDB Financial Services Limited 2022 **
0.89
7.45% REC Limited 2022 **
0.89
7.55% REC Limited 2022 **
0.89
6.95% Reliance Industries Limited 2023 **
0.89
6.59% Indian Railway Finance Corporation Limited 2023 **
0.89
7.35% Bajaj Finance Limited 2022 **
0.88
6.19% Indian Railway Finance Corporation Limited 2023 **
0.88
5.44% National Housing Bank 2024 **
0.86
5.53% National Bank For Agriculture and Rural Development 2024
0.86
4.545% LIC Housing Finance Limited 2022 **
0.86
5.5315% LIC Housing Finance Limited 2024 **
0.84
9.25% State Government Securities 2023
0.75
8.0818% Kotak Mahindra Prime Limited 2022 **
0.72
7.20% Sikka Ports and Terminals Limited 2023 **
0.71
8% Reliance Industries Limited 2023 **
0.54
9.35% REC Limited 2022 **
0.54
7.2% Housing Development Finance Corporation Limited 2023 **
0.54
7.62% Housing & Urban Development Corporation Limited 2022 **
0.53
6.95% Housing Development Finance Corporation Limited 2023 **
0.53
Small Industries Dev Bank of India 2022 ** #
0.50
7.24% REC Limited 2022 **
0.45
8.90% Power Finance Corporation Limited 2023 **
0.37
7.25% Larsen & Toubro Limited 2023 **
0.36
7.50% SBI Cards and Payment Services Limited 2023 **
0.36
6.99% Housing Development Finance Corporation Limited 2023 **
0.35
6.98% National Bank For Agriculture and Rural Development 2022 **
0.35
Sundaram Finance Limited 2022 (ZCB) **
0.33
6.98% Power Finance Corporation Limited 2023
0.25
7.35% Bharat Petroleum Corporation Limited 2022 **
0.24
8.5383% Bajaj Finance Limited 2022 **
0.18
7.04% Power Finance Corporation Limited 2023 **
0.18
7.35% Power Finance Corporation Limited 2022 **
0.18
8.60% National Bank For Agriculture and Rural Development 2022 **
0.03
7.46% REC Limited 2022 **
0.03
9.95% Food Corporation Of India 2022
0.02
Net Receivables / (Payables)
-2.47

Sector Holding%
Miscellaneous
73.14

Fund Manager

Krishna Cheemalapati

Education:B.E. (ECE),PGDBA & CFA (ICFAI, Hyderabad)
Experience:15 Years
Basic Details:Krishna has over 15 years experience in the Fixed Income market. In his last assignment, Krishna was associated with Reliance General Insurance as Chief Investment Officer for around 2 years. He has also worked with ICAP India Pvt. Ltd. for almost 8 years as a fixed income dealer. Krishna is a BE from Andhra University, PGDBA from ICFAI business school & CFA from ICFAI.
Funds Managed:
Invesco India Banking & PSU Debt Fund
Invesco India Corporate Bond Fund
Invesco India Credit Risk Fund
Invesco India Equity & Bond Fund
Invesco India Equity & Bond Fund
Invesco India Equity Savings Fund
Invesco India Equity Savings Fund
Invesco India Global Consumer Trends Fund of Fund
Invesco India Gold Exchange Traded Fund
Invesco India Gold Fund
Invesco India Money Market Fund
Invesco India Overnight Fund
Invesco India Short Term Fund
Invesco India Treasury Advantage Fund
Invesco India Ultra Short Term Fund

Vikas Garg

Holding Type Holding %
CARE A1+
0.50
CARE AAA
0.86
Cash
7.01
CRISIL AAA
60.24
CRISIL AAA(CE)
0.02
FITCH AAA
2.66
ICRA A1+
4.55
ICRA AAA
9.31
Sov
14.80

About Invesco India Corporate Bond Fund

Scheme Analysis

Invesco India Corporate Bond Fund is a Debt - Corporate Bond Fund fund and belongs to Invesco Mutual Fund. It was launched on 02-Aug-2007 and currently has an AUM of ₹2,914.44 crore. Invesco India Corporate Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL AAA Short Term Bond Index as secondary index.

The NAV of Invesco India Corporate Bond Fund ended down ₹-1.23(-0.05%)yesterday to ₹2483.4968.

Among its top 3 holdings the fund has exposure to Triparty Repo, and

The Invesco India Corporate Bond Fund is managed by Krishna Cheemalapati and Vikas Garg.

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

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