Invesco India Contra Fund Direct Growth+0.21%

5Groww
8.21%
1 Year Return
Equity
Contra
5.0 star
6M
1Y
3Y
5Y
All

Fund Details

Invesco India Contra Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.86%
NAV52.85 (11 Nov 2019)
Fund Started01 Jan 2013
Fund Size4,486 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Invesco India Contra Fund Direct Growth
8.2%
14.8%
12.7%
17.4%
Category Average
-0.6%
NA
NA
-
Rank within category
5
2
1
-
*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
    0
    with 8.2% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    Cons
    1. Risk is higher compared to the benchmark
    2. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity8.3%
    ICICI Bank Ltd.FinancialEquity8.2%
    Reliance Industries Ltd.EnergyEquity5.0%
    Infosys Ltd.TechnologyEquity5.0%
    Larsen & Toubro Ltd.ConstructionEquity4.7%
    ITC Ltd.FMCGEquity4.6%
    Axis Bank Ltd.FinancialEquity3.0%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity2.9%
    Bharti Airtel Ltd.CommunicationEquity2.8%
    State Bank of IndiaFinancialEquity2.7%
    See All

    Fund Managers

    Other Details

    Invesco India Contra Fund Direct Growth is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Amit Ganatra, Taher Badshah is the Current Fund Manager of Invesco India Contra Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹4,486 Cr and the Latest NAV as of 11 Nov 2019 is ₹52.85.

    The Invesco India Contra Fund Direct Growth is rated Moderately 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 capital ppreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation through means of contrarian investing. However, there can be no assurance that the investment objective of the Scheme will be realised.Contrarian investing involves picking neglected stocks with strong asset values as well as focusing on high potential under owned sectors. The aim is to have a first mover advantage by investing into out of favour sectors/stocks thus increasing out-performance prospects. This can be done by monitoring stock/sector ownership and relating it to the fundamentals of the sector with an objective to get out of over-owned stocks and get into under-owned ones.

    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
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    + ₹1,000
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    + ₹10,000
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