Invesco India Financial Services Fund Direct Dividend-2.26%

4Groww
-3.53%
1 Year Return
Equity
Sectoral/Thematic
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

Invesco India Financial Services Fund Direct Dividend

RiskHigh
Min SIP Amount₹500
Expense Ratio1.02%
NAV30.3 (22 Aug 2019)
Fund Started01 Jan 2013
Fund Size149 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Invesco India Financial Services Fund Direct Dividend
-3.5%
12.9%
15.0%
14.2%
Category Average
-4.1%
10.3%
10.2%
-
Rank within category
6
3
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -3.5% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk is lower compared to the benchmark
    3. 1Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity25.1%
    ICICI Bank Ltd.FinancialEquity14.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity12.8%
    Kotak Mahindra Bank Ltd.FinancialEquity10.3%
    Axis Bank Ltd.FinancialEquity8.1%
    Bajaj Finance Ltd.FinancialEquity5.5%
    State Bank of IndiaFinancialEquity4.8%
    Equitas Holdings Ltd.FinancialEquity3.9%
    ICICI Lombard General Insurance Comapny Ltd.FinancialEquity2.3%
    Cholamandalam Investment & Finance Co. Ltd.FinancialEquity2.2%
    See All

    Fund Managers

    addDhimant Kothari
    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.
    Funds Managed

    Other Details

    Invesco India Financial Services Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Amit Ganatra is the Current Fund Manager of Invesco India Financial Services Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹149 Cr and the Latest NAV as of 22 Aug 2019 is ₹30.3.

    The Invesco India Financial Services Fund Direct Dividend is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year..

    Investment Objective

    The investment objective of the Scheme is to generate long-term capital growth from a portfolio of equity and equity-related securities of companiesengaged in the business of banking and financial services.

    Tax Implications

    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.

    Scheme Information Document(SID)

    ₹1000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
    Exit Load

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    About Invesco Mutual Fund

    Address
    3rd Floor, GYS Infinity, Paranjpe 'B' Scheme, Subhash Road, Vile Parle (East), Mumbai 400 057
    Phone
    022 - 67310000
    Launch Date
    23 Jul 2006
    Website
    NA
    Invesco Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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