Name: Invesco India Financial Services Fund Direct Growth
Brand: Invesco Mutual Fund

Home>Mutual Funds>Invesco Mutual Fund>Invesco India Financial Services Fund Direct Growth

bookmark_border
share
Invesco India Financial Services Fund Direct Growth
Equity
Sectoral / Thematic
Very High Risk
22.10%
3Y annualised
+1.24% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 25 Oct 2021₹96.03
Min. SIP amount₹100
Rating4star
Fund size₹382.03 Cr
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 returns59.9%22.1%17.8%16.9%
Category average56.1%9.1%12.0%NA
Rank with in category943NA
Understand termsinfo
Holdings (24)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity22.3%
ICICI Bank Ltd.
FinancialEquity15.2%
Axis Bank Ltd.
FinancialEquity8.7%
State Bank of India
FinancialEquity6.5%
Kotak Mahindra Bank Ltd.
FinancialEquity6.4%
Angel One Ltd.
FinancialEquity3.8%
UTI Asset Management Company Ltd.
FinancialEquity3.6%
SBI Life Insurance Company Ltd.
FinancialEquity3.5%
SBI Cards & Payments Services Ltd.
FinancialEquity2.7%
Equitas Holdings Ltd.
FinancialEquity2.3%
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 consinfo
Category: Equity Sectoral / Thematic
thumb_up_altPros
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 4.47
The fund has generated returns higher than benchmark - NIFTY Financial Services TRI - in the last 3Y 
Lower expense ratio: 1.24%
thumb_down_altCons
Lower AUM: 382Cr.
Funds with lower AUM tend to have higher expense ratio
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
30 Sep 2021 - Present
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: 1.24%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 termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100
Fund managementAmit Ganatra
Jan 2013 - Present
View details
keyboard_arrow_down
Education
Mr. Ganatra holds a Commerce degree and is a Charted Accountant. He is also a Chartered Financial Analyst from AIMR.
Experience
Prior to joining HDFC Mutual Fund, he has worked with Invesco Mutual Fund,DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.
Also manages these schemes
HDFC Capital Builder Value Fund Growth
HDFC Capital Builder Value Fund IDCW
HDFC Taxsaver Growth
HDFC Taxsaver IDCW
HDFC Multi Asset Fund IDCW
HDFC Multi Asset Fund Growth
Invesco India Tax Plan IDCW
Invesco India Tax Plan Growth
Invesco India Contra Fund IDCW
Invesco India Contra Fund Growth
Invesco India Growth Opportunities Fund IDCW
Invesco India Growth Opportunities Fund Growth
Invesco India Financial Services Fund IDCW
Invesco India Financial Services Fund Growth
Invesco India Largecap Fund Growth
Invesco India Largecap Fund IDCW
HDFC Capital Builder Value Fund Direct Plan IDCW
HDFC Capital Builder Value Fund Direct Plan Growth
HDFC Taxsaver Direct Plan IDCW
HDFC Taxsaver Direct Plan Growth
HDFC Multi Asset Fund Direct IDCW
HDFC Multi Asset Fund Direct Growth
Invesco India Contra Fund Direct Growth
Invesco India Contra Fund Direct IDCW
Invesco India Growth Opportunities Fund Direct IDCW
Invesco India Growth Opportunities Fund Direct Growth
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 Tax Plan Direct Growth
Invesco India Tax Plan Direct IDCW
HDFC Dynamic PE Ratio FoF Regular Growth
HDFC Dynamic PE Ratio FoF Regular IDCW
HDFC Dynamic PE Ratio FoF Direct Growth
HDFC Dynamic PE Ratio FoF Direct IDCW
HDFC Equity Opportunities Fund II 1126D May 2017 (1) Direct IDCW
HDFC Equity Opportunities Fund II 1126D May 2017 (1) Regular Growth
HDFC Equity Opportunities Fund II 1126D May 2017 (1) Direct Growth
HDFC Equity Opportunities Fund II 1126D May 2017 (1) Regular IDCW
HDFC Equity Opportunities Fund II 1100D June 2017 (1) Direct IDCW
HDFC Equity Opportunities Fund II 1100D June 2017 (1) Regular IDCW
HDFC Equity Opportunities Fund II 1100D June 2017 (1) Direct Growth
HDFC Equity Opportunities Fund II 1100D June 2017 (1) Regular Growth
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
HDFC Asset Allocator FoF Regular Growth
HDFC Asset Allocator FoF Direct Growth
Dhimant Kothari
Jun 2018 - Present
View details
keyboard_arrow_down
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 Financial Services Fund IDCW
Invesco India Financial Services Fund Growth
Invesco India PSU Equity Fund Growth
Invesco India PSU Equity Fund IDCW
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 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 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
keyboard_arrow_down
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
Fund house & investment objective
keyboard_arrow_down
Invesco Mutual Fund
Rank (total assets)#16 in India
Total AUM36,839.43 Cr
Date of Incorporation24 Jul 2006
Invesco India Financial Services Fund Direct Growth is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to 
Invesco India Financial Services Fund Direct Growth 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹36,839 Cr and the Latest NAV as of 25 Oct 2021 is ₹96.03.
The Invesco India Financial Services Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 1000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year....Read more
Investment Objective
The scheme seeks to generate capital appreciation from a portfolio of Equity and Equity Related Instruments of companies engaged in the business of ba
The 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.
...Read more
Fund benchmarkNIFTY Financial Services TRI
descriptionScheme Information Document(SID)
Fund house contact details
keyboard_arrow_down
Address
3rd Floor, GYS Infinity, Paranjpe 'B' Scheme, Subhash Road, Vile Parle (East), Mumbai 400 057
Phone
022 - 67310000
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 Growth
VS
Add mutual fund to compare

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
Contact Us
PRODUCTS
StocksFutures & OptionsMutual FundsFixed DepositUS Stocks
GROWW
About UsPricingBlogMedia & PressCareersHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww DigestSitemap
ⓒ 2016-2021 Groww. All rights reserved, Built with ♥in India

	1Y	3Y	5Y	All
Fund returns	59.9%	22.1%	17.8%	16.9%
Category average	56.1%	9.1%	12.0%	NA
Rank with in category	9	4	3	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	22.3%
ICICI Bank Ltd.	Financial	Equity	15.2%
Axis Bank Ltd.	Financial	Equity	8.7%
State Bank of India	Financial	Equity	6.5%
Kotak Mahindra Bank Ltd.	Financial	Equity	6.4%
Angel One Ltd.	Financial	Equity	3.8%
UTI Asset Management Company Ltd.	Financial	Equity	3.6%
SBI Life Insurance Company Ltd.	Financial	Equity	3.5%
SBI Cards & Payments Services Ltd.	Financial	Equity	2.7%
Equitas Holdings Ltd.	Financial	Equity	2.3%

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

Rating	4
Fund size	₹382.03 Cr