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Invesco Asset Management Company (AMC) Private Ltd India is a part of Invesco Ltd, headquartered in Atlanta, Georgia, USA, which has delivered high returns and is a leading investment management firm set up on 20th May 2005. This AMC entered India in 2013 in partnership with the well-established Religare Securities Ltd. company (51% share). Together they formed Religare Invesco Asset Management Co. Ltd., which was co-owned by both the giants – Invesco and Religare. Invesco Mutual Fund was established in 2006 to cater to the investment needs of retail investors through mutual funds. It is one of the leading independent fund houses in the world. An impressive blend of investment excellence, sustainable business models, and organizational strength has helped the fund house to generate a large number of investor folios. It offers a broad portfolio of mutual fund schemes across equity, fixed income, and hybrid categories along with the fund of fund schemes and exchange-traded funds. It endeavors to deliver best-in-class investment products using its expertise and the global resources of Invesco. Since its inception, Invesco India mutual fund AMC manages assets worth Rs. 37476 crores, as of 31st March 2021 offering 110 mutual fund schemes that include 33 equity, 111 debt, and 14 hybrid funds. This top-notch Asset Management firm's main objective is to target the needs of the domestic and international markets and fulfill them, creating optimum returns for their investors. The company has sustainable business models that assist investors in scaling up and providing outstanding financial services. It offers an extensive array of funds suitable for multiple market capitalizations. The professional experts at the company analyze the market with exceptional exactness and help the investors take the right financial decisions catering to clients in more than 120 countries. Invesco is well-equipped with a dynamic outlook, and its flexibility with the changing financial world is worth applause. Saurabh Nanavati, CEO of Invesco India mutual fund, believes in investing in companies of all kinds – retail, institutional and corporate companies. The company offers investors a plethora of trade-worthy mutual fund schemes and professional assistance to earn quality returns on their investments. Important information about Invesco Mutual Fund ParticularsDetailsChairmanMr. V. K. ChopraCEO and MDMr. Saurabh NanavatiCIOMr. Taher BadshahAuditors  M/s Deloitte Haskins & Sells / M/s. Price Waterhouse Chartered Accountants LLP at Invesco AMCInvestor Service OfficerMr. Surinder Singh NegiCompliance OfficerMr. Suresh JakhotiyaRegistrar and Transfer AgentKFin Technologies Pvt Ltd.CustodianDeutsche BankHead OfficeMumbaiTotal Number of schemes48SponsorInvesco Hong Kong LimitedTrusteeInvesco Trustee Private LimitedRegistrarsKarvy Computershare Pvt. Ltd.Set-Up24th July 2006Incorporated20th May 2005Name of TrusteesDean Chisholm (Associate Director) Jeremy Simpson (Associate Director) Bakul Patel (Independent Director) Satyananda Mishra (Independent Director) G. Anantharaman (Independent Director)A customer can write to or visit the Invesco mutual fund office atAddress- Unit No. 2101 A, 21st Floor, A-Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai 400013.Invesco mutual fund customer care number022-67310000, 022-23019422 (faxInvesco mutual fund toll-free number1800 209 0007Emailpms@invesco.com; mfservices@invesco.com Ten top-performing Invesco mutual fund schemes  Invesco has mutual funds in almost all categories permitted by the Securities and Exchange Board of India or SEBI. Here is a list of the ten best-performing Invesco mutual fund schemes in India. 1. Invesco India Mid Cap Fund Direct-Growth Category - Equity: Mid Cap) The scheme’s main objective is to create capital appreciation by investing in Midcap companies. The Invesco India Mid Cap Fund Direct-Growth Category, with a NAV of 78.330 (as of 2nd May 2021), is the top-performing fund in the 'Equity: Mid Cap' category. This open-ended fund was launched on 01 Jan 2013 and has given trailing returns of 58.60 in one year, and 44.98% in 3 years (as of 30th April 2021). The fund considers the NIFTY Midcap 100 Total Return Index as its benchmark and is currently managed by its fund managers Pranav Gokhale and Neelesh Dhamnaskar. Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):342.29% (as of 30th April 2021)AssetsINR 1389.34 Crore (as of 31st March 2021)Expense Ratio0.74% (as of 31st March 2021) Invest Now  2. Invesco India Tax Plan Direct-Growth (Taxsaver: ELSS Fund) The scheme’s main objective is to create long-term capital growth from a diversified portfolio of equity and equity-related securities. It intends to invest across market capitalization sectors using a diligent bottom-up approach. It aims to have a concentrated and well-researched portfolio, which would be around 20 - 50 stocks. The Invesco India Tax Plan Direct-Growth Category, with a NAV of 76.6200 (as of 2nd May 2021), is in the Taxsaver: ELSS Fund category. This fund was launched on 01 Jan 2013 and has given trailing returns of 49.50 in one year, and 40.30% in 3 years (as of 30th April 2021). The fund considers the S&P BSE 200 Total Return Index as its benchmark and is currently managed by its fund managers Amit Nigam and Dhimant Kothari. Key information Minimum InvestmentINR 5,00Minimum SIP InvestmentINR 500Exit LoadNILReturn Since Inception (01 Jan 2013):286.97% (as of 30th April 2021)AssetsINR 1512.41 Crore (as of 31st March 2021)Expense Ratio0.91% (as of 31st March 2021) Invest Now  3. Invesco India Contra Fund Direct-Growth (Equity: Value-Oriented Fund) The scheme’s main objective is to create capital appreciation by investing in Equity and Equity Related Instruments using contrarian investing. The Invesco India Contra Fund Direct-Growth, with a NAV of 70.3800 (as of 2nd May 2021), is in the Equity: Value Oriented Fund category. This fund was launched on 01 Jan 2013 and has given trailing returns of 52.47 in one year, and 35.29% in 3 years (as of 30th April 2021). The fund considers the S&P BSE 500 Total Return Index as its benchmark and is currently managed by its fund managers Taher Badshah and Dhimant Kothari. Key information Minimum InvestmentINR 5,00Minimum SIP InvestmentINR 500Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):300.80% (as of 30th April 2021)AssetsINR 6476.52 Crore (as of 31st March 2021)Expense Ratio0.57% (as of 31st March 2021) Invest Now 4. Invesco India Largecap Fund Direct-Growth (Equity: Large Cap Fund) The scheme’s main objective is to create capital appreciation by investing in large-cap companies. The Invesco India Large-cap Fund Direct-Growth, with a NAV of 40.3300 (as of 2nd May 2021), is in the Equity: Large Cap category. This fund was launched on 01 Jan 2013 and has given trailing returns of 41.46% in one year, and 33.63% in 3 years (as of 30th April 2021). The fund considers the NIFTY 50 Total Return Index as its benchmark is currently managed by its fund managers Amit Nigam and Nitin Gosar. Key Information Minimum InvestmentINR 100Minimum SIP InvestmentINR 100Exit LoadNILReturn Since Inception (01 Jan 2013):207.39% (as of 30th April 2021)AssetsINR 290.74 Crore (as of 31st March 2021)Expense Ratio1.11% (as of 31st March 2021) Invest Now 5. Invesco India Growth Opportunities Fund Direct-Growth (Equity: Large and Mid Cap Fund) The scheme’s main objective is to create capital appreciation from a diversified portfolio of Equity and Equity Related Instruments of Large and Midcap companies. The Invesco India Growth Opportunities Fund Direct-Growth, with a NAV of 48.8700 (as of 2nd May 2021), is in the Equity: Large and Mid Cap category. This fund was launched on 01 Jan 2013 and has given trailing returns of 45.32% in one year, and 32.55% in 3 years (as of 30th April 2021). The fund considers the S&P BSE 250 Large MidCap 65:35 Total Return Index as its benchmark and is currently managed by its fund managers Taher Badshah and Pranav Gokhale. Key information Minimum InvestmentINR 100Minimum SIP InvestmentINR 100Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):253.36% (as of 30th April 2021)AssetsINR 3650.51 Crore (as of 31st March 2021)Expense Ratio0.54% (as of 31st March 2021) Invest Now 6. Invesco India Infrastructure Fund Direct-Growth (Equity: Sectoral-Infrastructure Fund) The scheme’s main objective is to create long-term capital appreciation by investing in a portfolio that is constituted of equity and equity-related instruments of infrastructure companies. The Invesco India Infrastructure Fund Direct-Growth, with a NAV of 26.1700 (as of 2nd May 2021), is in the Equity: Sectoral-Infrastructure category. This fund was launched on 01 Jan 2013 and has given trailing returns of 50.23% in one year, and 31.77% in 3 years (as of 30th April 2021). The fund considers the S&P BSE India Infrastructure Total Return Index as its benchmark and is currently managed by its fund managers Amit Nigam and Neelesh Dhamnaskar Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):238.11% (as of 30th April 2021)AssetsINR 109.77 Crore (as of 31st March 2021)Expense Ratio1.33% (as of 31st March 2021) Invest Now 7. Invesco India Financial Services Fund Direct-Growth (Equity: Sectoral-Banking Fund) The scheme’s main objective is to create capital appreciation from a portfolio of Equity and Equity Related Instruments of companies engaged in the business of banking and financial services. The Invesco India Financial Services Fund Direct-Growth, with a NAV of 75.5500 (as of 2nd May 2021), is in the Equity: Sectoral-Banking category. This fund was launched on 01 Jan 2013 and has given trailing returns of 44.87% in one year, and 31.60% in 3 years (as of 30th April 2021). The fund considers the NIFTY Financial Services Total Return Index as its benchmark and is currently managed by its fund managers Dhimant Kothari and Hiten Jain. Key Information Minimum InvestmentINR 100Minimum SIP InvestmentINR 100Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):210.78% (as of 30th April 2021)AssetsINR 292.80 Crore (as of 31st March 2021)Expense Ratio1.14% (as of 31st March 2021) Invest Now 8. Invesco India Corporate Bond Fund Direct-Growth (Debt: Corporate Bond) The fund creates regular and stable income by investing in bonds issued by corporates. The scheme will invest in bonds that are rated AA+/ AAA by credit rating agencies. The Invesco India Corporate Bond Fund Direct-Growth, with a NAV of 2634.8148 (as of 2nd May 2021), is in the Debt: Corporate Bond category. This fund was launched on 01 Jan 2013 and has given trailing returns of 9.09% in one year, and 30.33% in 3 years (as of 30th April 2021). The fund considers the CRISIL AAA Short-Term Bond Index as its benchmark is currently managed by its fund managers Vikas Garg and Krishna Venkat. Key information Minimum InvestmentINR 100Minimum SIP InvestmentINR 100Exit LoadNILReturn Since Inception (01 Jan 2013):91.18% (as of 30th April 2021)AssetsINR 2914.44 Crore (as of 31st March 2021)Expense Ratio0.20% (as of 31st March 2021) Invest Now 9. Invesco India Short-Term Fund Direct-Growth (Debt: Short Duration) The scheme’s main objective is to create steady returns with moderate risk by investing in a portfolio comprising of short-medium term debt and money market instruments. The Invesco India Short Term Fund Direct-Growth, with a NAV of 3052.2750 (as of 2nd May 2021), is in the Debt: Short Duration category. This fund was launched on 01 Jan 2013 and has given trailing returns of 8.31% in one year, and 28.51% in 3 years (as of 30th April 2021). The fund considers the CRISIL Short-Term Bond Total Return Index as its benchmark and is currently managed by its fund managers Vikas Garg and Krishna Venkat Cheemalapati. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadNILReturn Since Inception (01 Jan 2013):95.30% (as of 30th April 2021)AssetsINR 1175.15 Crore (as of 31st March 2021)Expense Ratio0.40% (as of 31st March 2021) Invest Now 10. Invesco India Multicap Fund Direct-Growth (Equity: Flexi Cap) The scheme’s main objective is to create long-term capital appreciation by investing in equity and equity-related securities of large, mid, and small companies. The fund uses a diligent bottom-up investment approach to select stocks across the market capitalization range. The Invesco India Multicap Fund Direct-Growth, with a NAV of 71.1500 (as of 2nd May 2021), is in the Equity: Flexi Cap category. This fund was launched on 01 Jan 2013 and has given trailing returns of 54.14% in one year, and 27.81% in 3 years (as of 30th April 2021). The fund considers the S&P BSE AllCap Total Return Index as its benchmark and is currently managed by its fund managers Amit Nigam and Pranav Gokhale. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):297.71% (as of 30th April 2021)AssetsINR 1171.10 Crore (as of 31st March 2021)Expense Ratio0.93% (as of 31st March 2021) Invest Now Using the Invesco mutual fund calculator  The Invesco mutual fund investment may generate returns, but it is impossible to calculate the exact amount earned as returns. But Invesco mutual fund calculator helps to estimate the returns which can be expected from the invested capital. This can be used for both, Lumpsum and Invesco mutual fund SIP payments and to get an appropriate view of the mutual fund statement. The investor needs to fill in the following information to find the estimated returns of mutual funds: Invesco Mutual fund calculated returns based on Selected Scheme Target Corpus (Rs)  Investment Tenure (in months)  Annual Investment Return (%)  How can you invest in Invesco Mutual via EduFund? It is a simple, convenient, and easy process through Invesco mutual fund login using EduFund to invest in some of the most profitable Invesco Mutual Fund Schemes, which involves a hassle-free process. Let us look at the details of the process: Step 1: The investor needs to visit the official webpage of Invesco or he can choose to visit the main page of EduFund to initiate an investment in Invesco Mutual Funds. Step 2: If he is a registered user, he can directly Invesco mutual fund log in to the platform using his mobile number and password/OTP. Or he would need to create his new Invesco mutual fund login ID, which can be done through EduFund as well, register using a new password, and then log in. Step 3: He should then go to the Mutual Funds section and choose ‘Invest’ and go to ‘Explore All Funds’, placed on the left sidebar. Step 4: From all the available Invesco Mutual Funds, the investor can choose the best type of mutual fund of his choice. All details about the chosen fund will appear on the screen, like risk level, tenure, NAV, etc. Step 5: The investor needs to select the category and choose the payment option he wants to go with – Lumpsum or SIP. He needs to enter the amount he wishes to invest and then simply click on ‘Confirm.’ Step 6: After confirming the plan, the investor simply needs to make his payment using his bank details, net banking, or using his debit or credit card. KYC check required for investing in Invesco Mutual Funds KYC needs to be complete and compliant before investing in Mutual Funds will be processed within 5 working days after the payment, and KYC formalities are fulfilled. The following SEBI-registered intermediaries need to be mandatorily contacted, and regulations need to be followed to complete the KYC: AMC – Asset Management Company and The Fund House (Asset Management Companies) KYC Registration Agency such as CAMS, Karvy, CSDL, NSDL, and NSE-owned DotEx International Limited To complete the KYC online, the investor should follow the below-mentioned steps To initiate Invesco mutual fund login or through EduFund using personal details and an Aadhaar-linked mobile number, which can be verified using OTP. Upload self-attested copies of Identity Proof and Address Proof. Documents required for Invesco Mutual fund investment Identity Proof - Acceptable documents are Aadhaar Card, PAN Card, Passport, Driving, License,   Address Proof - Acceptable documents are Aadhar Card, Driving License, Passport, Recent Utility Bill, and Rental/Lease Agreement EduFund is a renowned portal that is registered with AMFI, BSE, and SEBI with zero fees to sign up. The investment logged in by the individual will reflect in his EduFund account within 3-5 business days. The best-performing Invesco tax-saving mutual fund Invesco India Tax Plan Mutual Funds are the benchmark as a beating tax saver with assured consistency and are among the top tax-saving funds. It is a safe bet for investors seeking capital appreciation over the long term and Investment in equity and equity-related instruments. It generates long-term capital growth from a diversified portfolio mainly consisting of equity-related securities. The key benefits of investing in Invesco Tax Saving Mutual Fund are: It is an open-ended ELSS Equity Linked Savings Scheme that comprises a lock-in period of a minimum of 3 years It helps in Tax exemptions under section 80C of the Income Tax Act 1961 It is invested with a long-term perspective It has significant exposure to midcap It consists of a balanced and well-diversified portfolio Leading fund managers at Invesco Mutual fund  The Invesco Mutual Fund Investment experts are well-equipped with providing professional assistance within the Finance Sector with appropriate qualifications and knowledge of investment. Some of the most efficient Fund Managers at Invesco Mutual Fund are: Top equity fund managers Taher Badshah (Chief Investments Officer) Taher joined Invesco AMC as a Chief Investments Officer in 2017 and has 24 years old overall experience in Indian Equity Market. He has prior experience working at Motilal Oswal Asset Management as the Head of Equities. He has also worked at ICICI Prudential AMC, Alliance Capital AMC, Kotak Mahindra Investment Advisors, etc. He has completed his master’s in management studies degree in Finance from S.P. Jain Institute of Management. He has also completed his B.E. degree in Electronics from the University of Mumbai. Invesco, he is completely engrossed with the equity management function.  Amit Ganatra (Fund Manager) As a Fund Manager, Amit Ganatra is well-versed in equity research and has professional experience of over 16 years. He holds a degree in Chartered Accountant and Commerce, and he takes intensive decisions and strategies for portfolio management.  Pranav Gokhale (Fund Manager) Pranav has a total experience of 14 years serving as a Fund Manager at Invesco Mutual Funds AMC e in Indian Equity Markets. He is a Chartered Account from the Institute of Chartered Accountants of India. Also, he holds an M. Com degree from Mumbai University. Pranav has previously worked with IL&FS, International Ship Repair LLC Fujairah, ICICI Direct, and Rosy Blue Securities.  Neelesh Dhamnaskar (Fund Manager) Neelesh has been working for 9 years with Invesco in Equity Investment with more than 14 years of experience in the equity and research market. He joined Invesco in 2010 and has also worked with ENAM, KRC, and Anand Rathi Securities Limited. Mr. Dhamnaskar holds a Commerce degree, and an MMS degree in Finance from Mumbai University and is currently pursuing CFA (USA), and is a Level III candidate.  Mr. Nitin Gosar (Fund Manager) Mr. Gosar has more than 14 years of experience, and he joined Invesco MF in 2011 in equity research. He has previously worked with IFCI Financial Services and Batlivala & Karani Securities. He holds a BMS degree, a master’s degree in Finance from ICFAI.  Top Debt fund managers Mr. Sujoy Kumar Das – Head of the Fixed Income investment Mr. Das, who has more than 22 years of overall experience, joined Invesco Mutual Fund in 2010. He is currently the head of the Fixed Income investment team at Invesco AMC. He was earlier working with DSP Merrill Lynch Mutual Fund, Bharti AXA Mutual Fund, and Bank of Punjab before joining Invesco. As per the “Top Fund Managers of India” survey, organized by Business Today and Mutualfundsindia.com, which was conducted in May 2005 & April 2012, he was awarded as the best debt fund manager in the country. He has a BSc, - bachelor’s in science in Economics degree from Calcutta University. He holds a diploma of Post-Graduation in Business Administration in Finance & International Business from the Hindu Institute of Management. Mr. Krishna Cheemalapati (Fund Manager) Mr. Cheemalapati holds a significant position in the fixed-income investment department of Invesco as a Fund Manager, which he joined in 2011. With an overall experience of 22 years, he has worked with other big giants like Reliance General Insurance and ICAP India Pvt. Ltd. He has completed his CFA from ICFAI, PGDBA from ICFAI Business School, and holds a BE degree from Andhra University. Mr Abhishek Bandiwdekar (Fund Manager and Dealer at Invesco AMC) Mr. Bandiwdekar has more than 12 years of overall experience in the Markets of Fixed Income, and he joined Invesco AMC in 2014. He is leading a high position in Invesco as a fund manager and dealer. Previously, he has worked with STCI Primary Dealer Ltd., Taurus Corporate Advisory Services Ltd., IDBI Asset Management, and A.K. Capital Services Ltd. He has done his PGDFM in Finance from I.E.S Management College of Commerce & Economics and is a commerce graduate. Mr. Vikas Garg (Head of the credit research team at Invesco) Mr. Garg has more than 15 years of experience. Before joining Invesco, he worked within the financial markets of other firms like L&T mutual fund as a portfolio manager and FIL Fund Management Pvt Ltd and ICRA Ltd in their credit research team. He obtained a diploma in PDGM from XLRI-Jamshedpur, a CFA charter in the USA, and holds a B. Tech and M. Tech degree in Chemical Engineering from IIT-Delhi. Mr. Vardhaman Kochar (VP of performance and risk at Invesco) Mr. Kochar has more than 12 of experience in performance and risk management. He has worked with Genpact and Polaris Financial Technology, Crisil Irevna Ltd. He has an MBA degree from IIT Kanpur and holds a B. E. degree in Computer Science from Rajasthan. Some other fund managers at Invesco Mutual Fund are: Mr. Dhimant Kothari Mr. Hiten Jain Ms. Rita Tahilramani Mr. Rajeev Bhardwaj Mr. Kuber Mannadi Mr. Herin Shah Mr. Prateek Jain Why should you invest in Invesco Mutual fund using EduFund? Investing in Invesco Mutual Funds through EduFund is a wise decision and should be taken soon to avail the following benefits: Features like Rupee cost averaging, Power of Compounding, Long-term Savings, and SIP Benefits enable many investors to invest in Invesco. Each Invesco Mutual Fund and benefit can be identified using its NAV, AUM, peer average returns, past performances, etc.  A robust investment process for equities and fixed income.  For fixed-income, the portfolios revolve around maximizing returns by investing in quality assets and minimizing liquidity risk and interest rate risk. For equity, with the help of ESG - Environment, Social, and Governance Overlay, Invesco follows an active fund management strategy. Invesco categorizes stocks based on value, event-based stocks, and growth. The stock category names are unique.  Their risk management process starts with the investment and continues till the final existence of the fund in the market. Invesco Mutual Fund is quite popular because it commits to providing investment excellence, depth of investment capabilities, organizational strength, and a global footprint. Select EduFund for investing in Invesco Mutual fund EduFund makes the process of investing in Invesco mutual funds convenient. EduFund's experienced consultants give you customized solutions for all your financial goals. You can start investing from a lowly INR 5,000 and grow your capital comfortably. With EduFund, you get the following benefits Customized Research-Based Financial Plan -  EduFund's scientific fund tracker screen over 1 lakh data points and 400 financial scenarios to recommend you the best mutual funds.  Customer-Friendly Counsellors Help You Create a Financial Plan - EduFund's counselors are trained to handle all kinds of queries from customers. They spend as much time with you as you need and resolve all your issues to help you create a robust financial plan. Invest Less, Earn More - Not only the best Indian mutual funds, but EduFund also offers you the facility to invest in US Dollar ETFs and international mutual funds. Use Free Tools - EduFund offers various free tools for its customers, including College Savings Calculator, SIP calculator, etc.  No Technical Expertise Required - You do not need to be an expert in finance to understand which mutual fund is the best for you. EduFund does it for you. Value-Added Benefits - You may get value-added benefits like no commission, free advisory, and nil-hidden charges. Secure Transactions - EduFund is RIA-registered and uses top-class 128-SSL security to enable safe transactions. Special Support for Children's Education - EduFund has a dedicated team of experts who help you fulfill your children's educational goals.  FAQs Is Invesco a good mutual fund company? Invesco India Tax Plan Mutual Funds are the benchmark as a beating tax saver with assured consistency and are among the top tax-saving funds. It is a safe bet for investors seeking capital appreciation over the long term and Investment in equity and equity-related instruments. Who owns Invesco mutual fund? Saurabh Nanavati, CEO of Invesco India mutual fund, believes in investing in companies of all kinds – retail, institutional and corporate companies. The company offers investors a plethora of trade-worthy mutual fund schemes and professional assistance to earn quality returns on their investments. Is Invesco a good investment? Invesco India Tax Plan Mutual Funds are the benchmark as a beating tax saver with assured consistency and are among the top tax-saving funds. It is a safe bet for investors seeking capital appreciation over the long term and Investment in equity and equity-related instruments. It generates long-term capital growth from a diversified portfolio mainly consisting of equity-related securities. Is Invesco an Indian company? Invesco Asset Management Company (AMC) Private Ltd India is a part of Invesco Ltd, headquartered in Atlanta, Georgia, USA, which has delivered high returns and is a leading investment management firm set up on 20th May 2005.

In the age of growing volatility across financial products, currency fluctuation over the years has been no different. The Indian rupee also had its share of wild fluctuations against the US Dollar. For the ones who are not aware - Indian Rupee has depreciated to the tune of 61% in the past ten years, 11% in the past five years, and 4% in 2020 (year-to-date) against the US Dollar (all data as on November 30, 2020). With the generation having global aspiration, such weakening local currency leads to higher pay-outs or direct losses when the liabilities are in US dollars, or the payments are in US dollars for the services availed.  A declining rupee against the USD is a spoilsport for Indians looking to travel abroad. It hits the budget of parents looking to send their children abroad for global quality education. Not just that, the imports get costlier, which result in rising prices of gourmet and related items.  Let us understand this with the help of an example, a simple case study – Let us assume, that Mr. Bhandari invests Rs 35,000 per month in Indian Mutual funds which are likely to generate 12% returns (annually). He also links his SIP to his salary increment and says that every year he will increase the investment by 7% (Step-up). In this case, the amount accumulated in 12 years (the time left for sending his child abroad for education for a bachelor’s degree) is Rs 1.45 crore. Let us now see how Bhandari can save using US assets. Assuming, Bhandari does a SIP of USD 500 every month and generates 11% returns (annually) while increasing SIP by the same value as before, he is likely to accumulate ~200K USD. Now, since the cost of education or the tuition fees is to be paid in the USD, the accumulated corpus can help Mr. Bhandari pay the college tuition cost and cover some living expenses too which accounts for a sizeable cost in the total education expense. Building dollar-dominated assets We believe, that investing in foreign assets helps the individual diversify their portfolio to cover the risk associated with volatile/fluctuating economic conditions in their home country. This is achieved because the investor tends to spread out the assets across geographies rather than sticking to conventional asset classes like domestic equities, debt, and commodities. It is always advisable to have some investments in international stocks or assets. Let us now compare the returns from the dollar and Indian indices -  Over the past ten years (as on Nov 30, 2020), the INR has depreciated by 61% (~5% CAGR) in terms of the US Dollar. At the same time, the US market has grown 169% (10.4% CAGR). Compare it to S&P BSE Sensex - which during the same period has grown 126% (8.5% CAGR). Source: Yahoo Finance, EduFund Research Even if India outperforms foreign markets, the lack of perfect correlation between different markets reduces portfolio risk. Are you worried about the small portfolio including a foreign asset class? You don't need to worry if your portfolio is relatively small. You can always invest in foreign stocks through a mutual fund registered in India or through US ETF, which is made very simple with the help of digital transactions. Investing in foreign assets shifts risk and acts as insurance against any wild swings that the domestic market may see. Under the liberalized remittance scheme (LRS), Indian residents are allowed to invest up to USD 250,000 annually in foreign stocks, bonds, and ETFs. While the money transfer to a foreign broker has involved a bank branch visit, however, the FinTechs in the space are gradually easing up the process by offering pickup and drop services for transfer forms. Besides, banks such as ICICI Bank allow a completely online process for transfers up to $25,000 - 10% of the total LRS limit. This has made investing simpler for people who aspire to invest in US Dollar as a class. It typically will help people looking to travel abroad, and/or looking to send their child abroad for education. Conclusion: ‍Building your corpus whether it be to settle abroad or send your children for education is a step that you have to take in order to secure yourself your child's future. Remember that planning fares well and your financial future is for you to build. So plan, strategize and invest wisely. FAQs Should I save in dollars or rupees? Given the continued rupee depreciation against the dollar, buying US stocks from India can be beneficial for Indians in the long run. In fact, for parents who are saving for their child's future foreign education, saving in dollars would be better. How can I invest in US ETFs from India? Investing in US ETFs is now at your fingertips. Just download the EduFund App ➡️ Create an investor account by completing your KYC verification ➡️ Explore your options and start investing. What are dollar-denominated investments? Transactions priced in USD, securities, and assets are some of the dollar-denominated investments. TALK TO AN EXPERT

Remember the game of hiding & seek you must have played as a child? What was the strategy you implemented back then? Every member of the team should hide in a different place so that the seeker is not able to find all the players. In essence, this is what diversification is all about when it comes to investing. Let us see in detail the benefits of diversification - What is portfolio diversification? Portfolio diversification is the process in which you allocate some portion of the portfolio to different asset classes (such as gold, equity, etc.). Imagine you invested your entire portfolio in equities and Covid-19 happens. While the market started recovery a month after the correction but it dampens your liquidity and financial preparedness. So, what is the purpose of diversification? Simply put, the fundamental purpose is to minimize the risk on your investments; specifically, the specific risk associated with the market. How do you diversify? An investor can spread out investments by way of the following - 1. Spread out your investments Investing in equities is good, but that doesn't mean you should put all your wealth in the same investments. It would help if you also considered investing in other asset classes such as gold, real estate, fixed deposits, etc. 2. Explore other investment avenues Consider adding You could also add other investment options and assets to your portfolio. Mutual funds, bonds, real estate, and pension plans are other investments you can consider. Also, make sure that the securities vary in risk and follow different market trends. 3. Consider index or bond funds Adding index funds to your portfolio is a sound strategy to be with the market. These are highly cost-effective investment instruments. Merely investing in an index fund, your wealth would have grown 1.45x in 71 months (see chart below). Amount InvestedRs 7,10,000Amount AccumulatedRs 10,27,616Annual Returns, XIRR (%)12.38 Source: Value Research, EduFund Research 4. Consider adding foreign assets While India offers a great story of growth considering its young population, we cannot rule out the volatile currency of the economy. For goals such as sending a child abroad for education, you must diversify currency risk. The rupee has depreciated at 5% over 10 years, thereby getting devalued. Also, it is seen that USD-dominated assets have performed well over the years, generating 10% annual returns against Indian assets that generated 7%.   USD INR Date100 USD in Sensex100 USD in DJIA100 USD in Sensex100 USD in DJIASep-10100.0100.04598.64598.6Sep-20189.7257.513964.718959.1CAGR7%10%12%15%Note: CAGR – Compounded Annual Growth RateSource: Yahoo Finance, BSE India, EduFund Research Reasons for performance DJIA grew at 10% CAGR in past years ending Sep-2020 whereas Sensex grew at 7% CAGR during the period The rupee has depreciated at 4.8% CAGR over 10 years ending 2020 One of the significant and most important benefits of diversification is that the portfolio can absorb shocks during a market downturn. The risk gets evenly spread out across asset classes, and if you are saving for an investment, the likelihood of you getting derailed from your track gets minimal. Key Takeaways Diversification is a strategy that allows mixing a wide variety of investments in a portfolio. A portfolio can be diversified as per asset class both within the class and geographically Diversification helps in optimizing risk-adjusted returns FAQs Why is portfolio diversification important? Diversifying your portfolio helps you strategize your investment by lowering the risk and maintaining stable returns. Which mutual fund is more diversified? Some of the most diversified funds for 2023 are Edelweiss Focused Equity Fund (Growth), ITI Value Fund (Growth), Canara Robeco Focused Equity Fund (Growth), etc. What are the different asset classes for investment? The different types of asset classes for investment include - money market vehicles or cash equivalents, commodities, stocks, real estate, bonds, and cryptocurrency.

The Indian market, after touching an all-time high in February 2020 plunged to Covid-19 outbreak. The market has corrected significantly since then but has managed to regain its earlier levels last month. Despite the ride where the short-term movement was significantly strong, the fund manager has been unable to outperform the benchmark. NSE Nifty 50 performance in 2020 Source: Investing.com While the market has come back to pre-Covid levels, it provided multiple opportunities for active funds to generate alpha (higher returns against the benchmark). Let us see how the active and the passive funds performed during the short-term and the long-term in the Indian market. The SPIVA (S&P indices versus active) report compares the performance of the actively managed fund, and passive funds over the multi-trailing period of over 1 year, 3-year, 5-year, and 10 years. The H1 of 2020 remained volatile, whereby the large-cap benchmark (S&P BSE 100) corrected by 14.39%. During H1, there was a sharp correction in Q1 of CY2020, followed by a strong rebound in Q2 of CY2020 with the benchmark index rising 20% with support by the economic relief package and easing monetary policy. The investors during the period tactically shifted their allocation from equity to fixed income. First Half 2020 Average Fund and Index Performance Note: Data as of June 30, 2020Source: S&P Dow Jones Indices LLC, Morningstar, and Association of Mutual Funds in India. Considering the SPIVA report, the fund managers have been unable to outperform the benchmark. Over H1 2020, 45.16% of the funds underperformed the S&P BSE 100. The underperformance, of fund managers, holds true in the case of the long-term horizon. Over longer horizons, the majority of the actively managed large-cap equity funds in India underperformed the large-cap benchmark, with 67.67% of large-cap funds underperforming over the ten years ending in June 2020. Over the same period, Indian large-cap funds witnessed a low survivorship rate of 65.41%.  Percentage of Funds Outperformed by the Index (Based on Absolute Return) over the long-term Note: Data as of June 30, 2020Source: S&P Dow Jones Indices LLC, Morningstar, and Association of Mutual Funds in India. How should investors behave if they are chasing a goal? Let us now see how could you invest. It goes on without saying that an active fund comes with a higher expense ratio which goes toward fund management and other related costs. On the other hand, the expense ratio for passive funds has remained low, given there is an underlying benchmark to mirror and active share is negligible. We, at EduFund, believe that an investor should not chase alpha as doing that may derail the person from his/her investment objective. Instead, he should explore the possibility of going ahead with cheaper passive funds to get the cost-benefit and also better risk-adjusted returns. We believe while an investor should have exposure to active funds but going all-in into active funds may not be the right strategy. We believe an investor can have a balance between active and passive to ensure that the risks are minimized. Let us see the performance of an Active fund and a Passive fund – Assuming you invest Rs 10,000 in SBI Bluechip Fund (Direct plan, Growth option) and the same amount in SBI Nifty ETF, you tend to accumulate a higher amount in the other case as compared to the former. Note: 1- SBI Nifty 50 ETF, 2 – SBI Bluechip Fund Direct Plan, Growth OptionSource: Morning Star To cut the story short, if you are chasing an objective such as - global quality education for your child, it is imperative you need to keep aside a hefty amount towards the goal. While you will be exposed to the active risk while investing in an actively managed mutual fund, you will also be exposed to currency risk where the rupee is depreciating against the dollar. So, in such scenarios instead of dealing with multiple risks for one objective, you should consider investing passively in an Index fund and even then, would be able to achieve the corpus for your objective. FAQs What are the main risks that one should consider to not compromise on an investment goal? The risks to consider while investing include - Dividend Risk, Call Risk, The Bottom Line, Political Risk, Business Risk, and Allocation Risk. What are the factors that affect your investment decision? These are the factors that influence your investment decision - maturity period, frequency of returns, tax benefits, associated risks, inflation rates, and volatility. What's the biggest risk for investors causing them to compromise on their goal? The price fluctuations in the market affecting the price of commodities, securities, and investment fund shares often cause investors to take impulsive decisions out of fear. Because of this, they may end up compromising on their goal.