Fund Details
Invesco India Mid Cap Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.73% |
| NAV | ₹65.94 (23 Nov 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,009 Cr |
Fund Overview
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.74%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Coromandel International Ltd. | Chemicals | Equity | 4.1% |
| Balkrishna Industries Ltd. | Automobile | Equity | 4.0% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 3.6% |
| L&T Technology Services Ltd. | Engineering | Equity | 3.4% |
| Mphasis Ltd. | Technology | Equity | 3.3% |
| ICICI Bank Ltd. | Financial | Equity | 3.2% |
| Muthoot Finance Ltd. | Financial | Equity | 3.0% |
| Ajanta Pharma Ltd. | Healthcare | Equity | 3.0% |
| AIA Engineering Ltd. | Metals | Equity | 3.0% |
| Bharti Airtel Ltd. | Communication | Equity | 2.9% |
Fund Managers
Invesco India Mid Cap Fund Direct Growth Details
Invesco India Mid Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Vinay Paharia is the Current Fund Manager of Invesco India Mid Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,009 Cr and the Latest NAV as of 23 Nov 2020 is ₹65.94.
The Invesco India Mid Cap Fund Direct Growth is rated Moderately 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 Midcap companies
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.
