Invesco India Balanced Advantage Fund Direct IDCW

Hybrid
Dynamic Asset Allocation
Very High Risk
Payout
14.35%
3Y annualised
+0.20% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 19 Apr 2024₹23.59
Min. SIP amount₹500
Rating2
Fund size₹718.56Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns27.8%14.3%12.0%13.1%
Category average25.0%12.8%11.5%NA
Rank with in category111012NA
Understand terms

Holdings (55)

NameSectorInstrumentAssets
Invesco India Short Duration Fund Direct-Growth
NAMutual Fund9.89%
FinancialEquity7.53%
Invesco India Money Market Fund Direct-Growth
NAMutual Fund6.57%
TechnologyEquity5.73%
EnergyEquity4.92%
EnergyEquity3.24%
HealthcareEquity3.04%
SovereignGOI Sec2.81%
ServicesEquity2.80%
SovereignGOI Sec2.71%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Cons

Lower expense ratio: 0.87%
Low rating: 2
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher alpha: 2.81 The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.87%

Inclusive of GST

Exit load

For units in excess of 10% of the investment, 0.25% will be charged for redemption within 3 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Dhimant Kothari
Sep 2022 - Present
View details

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

Fund house & investment objective

Fund house contact details

Address
2101 - A-A Wing - 21st Floor,Marathon Futurex,N.M. Joshi Marg, Lower Parel, Mumbai 400013
Phone
022-67310000 / 1800-209-0007
Launch Date
24 Jul 2006
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,

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