Fund Details
Invesco India Contra Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.55% |
| NAV | ₹40.03 (26 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹7,529 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.8% |
| HDFC Bank Ltd. | Financial | Equity | 6.9% |
| Infosys Ltd. | Technology | Equity | 6.5% |
| Axis Bank Ltd. | Financial | Equity | 4.5% |
| Reliance Industries Ltd. | Energy | Equity | 4.2% |
| State Bank of India | Financial | Equity | 3.8% |
| Ultratech Cement Ltd. | Construction | Equity | 3.5% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 3.5% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.1% |
| Ashok Leyland Ltd. | Automobile | Equity | 2.9% |
Fund Managers
Invesco India Contra Fund Direct IDCW Details
Invesco India Contra Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Amit Ganatra, Taher Badshah is the Current Fund Manager of Invesco India Contra Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹7,529 Cr and the Latest NAV as of 26 Jul 2021 is ₹40.03.
The Invesco India Contra Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 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 scheme seeks to generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
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.
