Fund Details
Invesco India Contra Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.85% |
| NAV | ₹27.82 (16 Apr 2021) |
|---|---|
| Fund Started | 11 Apr 2007 |
| Fund Size | ₹6,477 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
1. Higher expense ratio - 1.85%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.3% |
| HDFC Bank Ltd. | Financial | Equity | 8.0% |
| Infosys Ltd. | Technology | Equity | 6.5% |
| Axis Bank Ltd. | Financial | Equity | 4.7% |
| Reliance Industries Ltd. | Energy | Equity | 3.8% |
| Ultratech Cement Ltd. | Construction | Equity | 3.7% |
| Tata Steel Ltd. | Metals | Equity | 3.5% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.5% |
| State Bank of India | Financial | Equity | 3.1% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.9% |
Fund Managers
Invesco India Contra Fund IDCW Details
Invesco India Contra Fund IDCW is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 11 Apr 2007. Amit Ganatra, Taher Badshah is the Current Fund Manager of Invesco India Contra Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹6,477 Cr and the Latest NAV as of 16 Apr 2021 is ₹27.82.
The Invesco India Contra Fund 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.
