Invesco India Financial Services Fund Direct IDCW

Equity
Sectoral / Thematic
Very High Risk
Payout
21.82%
3Y annualised
-0.78% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Mar 2023₹45.73
Min. SIP amount₹100
Rating3
Fund size₹472.76Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.8%21.8%10.5%13.5%
Category average8.1%23.7%8.6%NA
Rank with in category1585NA
Understand terms

Holdings (26)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity19.2%
HDFC Bank Ltd.FinancialEquity17.4%
Axis Bank Ltd.FinancialEquity9.8%
State Bank of IndiaFinancialEquity8.2%
Kotak Mahindra Bank Ltd.FinancialEquity4.2%
Bajaj Finance Ltd.FinancialEquity3.9%
Equitas Small Finance Bank Ltd.
FinancialEquity3.8%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity3.1%
SBI Life Insurance Company Ltd.InsuranceEquity3.0%
Karur Vysya Bank Ltd.FinancialEquity2.6%
See All

Pros and cons

Category: Equity Sectoral / Thematic

Pros

Cons

Lower expense ratio: 1.08%
Consistently lower annualised returns than category average for the past 1Y and 3Y
5Y and 10Y annualised returns higher than category average

Expense ratio, exit load and tax

Expense ratio: 1.08%

Inclusive of GST

Exit load

For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Dhimant Kothari
Jun 2018 - Present
View details

Education
Mr. Kothari is a Chartered Accountant and holds a Commerce degree.
Experience
In his last assignment, he was working as Senior Manager – Research with Credit Analysis and Research Ltd., His other assignments include Lotus India Asset Management and CRISIL Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
2101 - A-A Wing - 21st Floor,Marathon Futurex,N.M. Joshi Marg, Lower Parel, Mumbai 400013
Phone
022-67310000 / 1800-209-0007
Launch Date
24 Jul 2006
Website
NA
Invesco Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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