How to Invest in Invesco India Financial Services Fund Direct IDCW?

You can easily invest in Invesco India Financial Services Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Invesco India Financial Services Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Invesco India Financial Services Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Invesco India Financial Services Fund Direct IDCW provide?

The Invesco India Financial Services Fund Direct IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.78% since its inception.

How much expense ratio is charged by Invesco India Financial Services Fund Direct IDCW?

The term Expense Ratio used for Invesco India Financial Services Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Invesco India Financial Services Fund Direct IDCW is 1.08% as of 21 Mar 2023...

What is the AUM of Invesco India Financial Services Fund Direct IDCW?

The AUM, short for Assets Under Management of Invesco India Financial Services Fund Direct IDCW is ₹472.76Cr as of 21 Mar 2023.

How to Redeem Invesco India Financial Services Fund Direct IDCW?

If you want to sell your Invesco India Financial Services Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the NAV of Invesco India Financial Services Fund Direct IDCW?

The NAV of Invesco India Financial Services Fund Direct IDCW is ₹45.73 as of 20 Mar 2023.

What is the PE and PB ratio of Invesco India Financial Services Fund Direct IDCW?

The PE ratio ratio of Invesco India Financial Services Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Invesco India Financial Services Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

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 ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: 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
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
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
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
28 Feb 2023 - Present
1.08%
31 Jan 2023 - 28 Feb 2023
1.08%
31 Dec 2022 - 31 Jan 2023
1.08%
31 Dec 2022 - 31 Dec 2022
1.08%
30 Nov 2022 - 31 Dec 2022
1.08%
30 Nov 2022 - 30 Nov 2022
1.08%
30 Nov 2022 - 30 Nov 2022
1.08%
31 Oct 2022 - 30 Nov 2022
1.08%
31 Oct 2022 - 31 Oct 2022
1.08%
31 Oct 2022 - 31 Oct 2022
1.08%
31 Oct 2022 - 31 Oct 2022
1.08%
30 Sep 2022 - 31 Oct 2022
1.11%
30 Sep 2022 - 30 Sep 2022
1.11%
30 Sep 2022 - 30 Sep 2022
1.11%
31 Aug 2022 - 30 Sep 2022
1.11%
31 Aug 2022 - 31 Aug 2022
1.11%
31 Jul 2022 - 31 Aug 2022
1.22%
31 Jul 2022 - 31 Jul 2022
1.22%
30 Jun 2022 - 31 Jul 2022
1.23%
30 Jun 2022 - 30 Jun 2022
1.23%
31 May 2022 - 30 Jun 2022
1.23%
31 May 2022 - 31 May 2022
1.23%
30 Apr 2022 - 31 May 2022
1.23%
30 Apr 2022 - 30 Apr 2022
1.23%
31 Mar 2022 - 30 Apr 2022
1.24%
31 Mar 2022 - 31 Mar 2022
1.24%
28 Feb 2022 - 31 Mar 2022
1.24%
28 Feb 2022 - 28 Feb 2022
1.24%
31 Jan 2022 - 28 Feb 2022
1.24%
31 Dec 2021 - 31 Jan 2022
1.24%
30 Nov 2021 - 31 Dec 2021
1.24%
31 Oct 2021 - 30 Nov 2021
1.24%
30 Sep 2021 - 31 Oct 2021
1.24%
31 Aug 2021 - 30 Sep 2021
1.24%
31 Jul 2021 - 31 Aug 2021
1.24%
30 Jun 2021 - 31 Jul 2021
1.26%
31 May 2021 - 30 Jun 2021
1.26%
30 Apr 2021 - 31 May 2021
1.18%
31 Mar 2021 - 30 Apr 2021
1.14%
28 Feb 2021 - 31 Mar 2021
1.10%
31 Jan 2021 - 28 Feb 2021
1.15%
31 Dec 2020 - 31 Jan 2021
1.15%
30 Nov 2020 - 31 Dec 2020
1.15%
31 Oct 2020 - 30 Nov 2020
1.15%
30 Sep 2020 - 31 Oct 2020
1.16%
31 Aug 2020 - 30 Sep 2020
1.68%
31 Jul 2020 - 31 Aug 2020
1.68%
30 Jun 2020 - 31 Jul 2020
1.67%
31 May 2020 - 30 Jun 2020
1.67%
30 Apr 2020 - 31 May 2020
1.66%
31 Mar 2020 - 30 Apr 2020
1.68%
29 Feb 2020 - 31 Mar 2020
1.69%
31 Jan 2020 - 29 Feb 2020
1.69%
31 Dec 2019 - 31 Jan 2020
1.70%
30 Nov 2019 - 31 Dec 2019
1.71%
31 Oct 2019 - 30 Nov 2019
1.68%
30 Sep 2019 - 31 Oct 2019
1.54%
31 Aug 2019 - 30 Sep 2019
1.54%
31 Jul 2019 - 31 Aug 2019
1.02%
30 Jun 2019 - 31 Jul 2019
1.02%
31 May 2019 - 30 Jun 2019
1.02%
30 Apr 2019 - 31 May 2019
1.03%
31 Mar 2019 - 30 Apr 2019
0.98%
28 Feb 2019 - 31 Mar 2019
1.02%
31 Jan 2019 - 28 Feb 2019
1.02%
31 Dec 2018 - 31 Jan 2019
1.02%
30 Nov 2018 - 31 Dec 2018
1.03%
31 Oct 2018 - 30 Nov 2018
1.03%
30 Sep 2018 - 31 Oct 2018
1.04%
31 Aug 2018 - 30 Sep 2018
1.04%
31 Jul 2018 - 31 Aug 2018
1.04%
30 Jun 2018 - 31 Jul 2018
1.04%
31 May 2018 - 30 Jun 2018
1.05%
30 Apr 2018 - 31 May 2018
1.05%
31 Mar 2018 - 30 Apr 2018
1.06%
28 Feb 2018 - 31 Mar 2018
1.05%
31 Jan 2018 - 28 Feb 2018
1.05%
31 Dec 2017 - 31 Jan 2018
1.05%
30 Nov 2017 - 31 Dec 2017
1.04%
31 Oct 2017 - 30 Nov 2017
1.03%
Expense ratio, exit load and taxExpense ratio: 1.08%Inclusive of GST
Exit loadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100
Fund managementDhimant 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
Invesco India Tax Plan IDCW
Invesco India Tax Plan Growth
Invesco India Contra Fund IDCW
Invesco India Contra Fund Growth
Invesco India Dynamic Equity Fund IDCW
Invesco India Dynamic Equity Fund Growth
Invesco India Financial Services Fund IDCW
Invesco India Financial Services Fund Growth
Invesco India Largecap Fund Growth
Invesco India Largecap Fund IDCW
Invesco India PSU Equity Fund Growth
Invesco India PSU Equity Fund IDCW
Invesco India Dynamic Equity Fund Direct IDCW
Invesco India Dynamic Equity Fund Direct Growth
Invesco India Contra Fund Direct Growth
Invesco India Contra Fund Direct IDCW
Invesco India Financial Services Fund Direct IDCW
Invesco India Financial Services Fund Direct Growth
Invesco India Largecap Fund Direct Growth
Invesco India Largecap Fund Direct IDCW
Invesco India PSU Equity Fund Direct IDCW
Invesco India PSU Equity Fund Direct Growth
Invesco India Tax Plan Direct Growth
Invesco India Tax Plan Direct IDCW
Invesco India Equity & Bond Fund Direct IDCW
Invesco India Equity & Bond Fund Regular IDCW
Invesco India Equity & Bond Fund Regular Growth
Invesco India Equity & Bond Fund Direct Growth
Invesco India Equity Savings Fund Regular IDCW
Invesco India Equity Savings Fund Regular Growth
Invesco India Equity Savings Fund Direct Growth
Invesco India Equity Savings Fund Direct IDCW
Hiten Jain
May 2020 - Present
View details
Education
Mr. Jain has done BE, CFA and MBA (Finance)
Experience
Prior to joining Invesco India Mutual Fund, he has worked with CRISIL Limited and Dunia Finance LLC Dubai.
Also manages these schemes
Invesco India Financial Services Fund IDCW
Invesco India Financial Services Fund Growth
Invesco India Financial Services Fund Direct IDCW
Invesco India Financial Services Fund Direct Growth
Invesco India Focused 20 Equity Fund Direct Growth
Invesco India Focused 20 Equity Fund Direct IDCW
Invesco India Focused 20 Equity Fund Regular Growth
Invesco India Focused 20 Equity Fund Regular IDCW
Fund house & investment objective
Invesco Mutual Fund
Rank (total assets)#16 in India
Total AUM₹44,138.01Cr
Date of Incorporation24 Jul 2006
 Invesco India Financial Services Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 24 Jul 2006. Amit Ganatra is the Current Fund Manager of Invesco India Financial Services Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹44,138 Cr and the Latest NAV as of 20 Mar 2023 is ₹45.73.
The Invesco India Financial Services Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
;
Investment ObjectiveThe scheme seeks to generate capital appreciation from a portfolio of Equity and Equity Related Instruments of companies engaged in the business of banking and financial services.
;
Fund benchmarkNIFTY Financial Services Total Return Index
Scheme Information Document(SID)
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
E-mail
[email protected]
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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Invesco India Financial Services Fund Direct IDCW
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Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	3.8%	21.8%	10.5%	13.5%
Category average	8.1%	23.7%	8.6%	NA
Rank with in category	15	8	5	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	19.2%
HDFC Bank Ltd.	Financial	Equity	17.4%
Axis Bank Ltd.	Financial	Equity	9.8%
State Bank of India	Financial	Equity	8.2%
Kotak Mahindra Bank Ltd.	Financial	Equity	4.2%
Bajaj Finance Ltd.	Financial	Equity	3.9%
Equitas Small Finance Bank Ltd.	Financial	Equity	3.8%
Cholamandalam Investment and Finance Company Ltd.	Financial	Equity	3.1%
SBI Life Insurance Company Ltd.	Insurance	Equity	3.0%
Karur Vysya Bank Ltd.	Financial	Equity	2.6%

Rank (total assets)	#16 in India
Total AUM	₹44,138.01Cr

Date of Incorporation	24 Jul 2006

Fund benchmark	NIFTY Financial Services Total Return Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹472.76Cr

Invesco India Financial Services Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (26)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.08%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Dhimant KothariJun 2018 - PresentView details

Hiten JainMay 2020 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Dhimant Kothari
Jun 2018 - Present
View details

Hiten Jain
May 2020 - Present
View details