Fund Overview
Fund Size
₹17,817 Cr
Expense Ratio
0.52%
ISIN
INF205K01LE4
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
Invesco India Contra Fund Direct Growth is a Contra mutual fund schemes offered by Invesco Mutual Fund. This fund has been in existence for 11 years, 9 months and 5 days, having been launched on 01-Jan-13.
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹159.82, Assets Under Management (AUM) of 17817.05 Crores, and an expense ratio of 0.52%.
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹159.82, Assets Under Management (AUM) of 17817.05 Crores, and an expense ratio of 0.52%.
- Invesco India Contra Fund Direct Growth has given a CAGR return of 20.71% since inception.
- The fund's asset allocation comprises around 97.98% in equities, 0.00% in debts, and 2.02% in cash & cash equivalents.
- You can start investing in Invesco India Contra Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+52.76%
+51.82% (Cat Avg.)
3 Years
+22.71%
+22.45% (Cat Avg.)
5 Years
+26.28%
+25.32% (Cat Avg.)
10 Years
+19.12%
+16.77% (Cat Avg.)
Since Inception
+20.71%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹17,456.67 Cr | 97.98% |
| Others | ₹360.39 Cr | 2.02% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹1,149.53 Cr | 6.45% |
| Infosys Ltd | Equity | ₹1,063.76 Cr | 5.97% |
| HDFC Bank Ltd | Equity | ₹960.05 Cr | 5.39% |
| NTPC Ltd | Equity | ₹645.97 Cr | 3.63% |
| Axis Bank Ltd | Equity | ₹605.16 Cr | 3.40% |
| Bharat Electronics Ltd | Equity | ₹459.12 Cr | 2.58% |
| REC Ltd | Equity | ₹444.88 Cr | 2.50% |
| Mahindra & Mahindra Ltd | Equity | ₹442.08 Cr | 2.48% |
| Larsen & Toubro Ltd | Equity | ₹436.7 Cr | 2.45% |
| Kalyan Jewellers India Ltd | Equity | ₹420.41 Cr | 2.36% |
| Triparty Repo | Cash - Repurchase Agreement | ₹408.64 Cr | 2.29% |
| Coforge Ltd | Equity | ₹405.2 Cr | 2.27% |
| Zomato Ltd | Equity | ₹394.1 Cr | 2.21% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹313.69 Cr | 1.76% |
| Avenue Supermarts Ltd | Equity | ₹304.7 Cr | 1.71% |
| LTIMindtree Ltd | Equity | ₹285.04 Cr | 1.60% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹273.27 Cr | 1.53% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹273.25 Cr | 1.53% |
| Tata Motors Ltd | Equity | ₹268.88 Cr | 1.51% |
| Britannia Industries Ltd | Equity | ₹266.96 Cr | 1.50% |
| Divi's Laboratories Ltd | Equity | ₹264.82 Cr | 1.49% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹257.28 Cr | 1.44% |
| FSN E-Commerce Ventures Ltd | Equity | ₹253.65 Cr | 1.42% |
| Century Textiles & Industries Ltd | Equity | ₹252.29 Cr | 1.42% |
| Ajanta Pharma Ltd | Equity | ₹249.49 Cr | 1.40% |
| TVS Motor Co Ltd | Equity | ₹245.16 Cr | 1.38% |
| The Federal Bank Ltd | Equity | ₹235.69 Cr | 1.32% |
| Mankind Pharma Ltd | Equity | ₹230 Cr | 1.29% |
| Kotak Mahindra Bank Ltd | Equity | ₹228.91 Cr | 1.28% |
| Voltas Ltd | Equity | ₹224.79 Cr | 1.26% |
| Coal India Ltd | Equity | ₹212.06 Cr | 1.19% |
| Shyam Metalics and Energy Ltd | Equity | ₹209.29 Cr | 1.17% |
| Samvardhana Motherson International Ltd | Equity | ₹205.95 Cr | 1.16% |
| Orchid Pharma Ltd | Equity | ₹203.66 Cr | 1.14% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹200.3 Cr | 1.12% |
| Lupin Ltd | Equity | ₹197.37 Cr | 1.11% |
| Suzlon Energy Ltd | Equity | ₹195.65 Cr | 1.10% |
| Jyoti CNC Automation Ltd | Equity | ₹194.91 Cr | 1.09% |
| Honeywell Automation India Ltd | Equity | ₹187.46 Cr | 1.05% |
| Apar Industries Ltd | Equity | ₹186.39 Cr | 1.05% |
| Hindustan Petroleum Corp Ltd | Equity | ₹180.43 Cr | 1.01% |
| Whirlpool of India Ltd | Equity | ₹174.41 Cr | 0.98% |
| PI Industries Ltd | Equity | ₹170.2 Cr | 0.96% |
| Devyani International Ltd | Equity | ₹165.66 Cr | 0.93% |
| SBI Life Insurance Company Limited | Equity | ₹158.47 Cr | 0.89% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹157.22 Cr | 0.88% |
| Multi Commodity Exchange of India Ltd | Equity | ₹148.27 Cr | 0.83% |
| Suven Pharmaceuticals Ltd | Equity | ₹135.9 Cr | 0.76% |
| Power Grid Corp Of India Ltd | Equity | ₹131.92 Cr | 0.74% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹128.74 Cr | 0.72% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹127.3 Cr | 0.71% |
| Prestige Estates Projects Ltd | Equity | ₹125.95 Cr | 0.71% |
| Central Depository Services (India) Ltd | Equity | ₹123.12 Cr | 0.69% |
| KEI Industries Ltd | Equity | ₹122 Cr | 0.68% |
| Deepak Nitrite Ltd | Equity | ₹121.57 Cr | 0.68% |
| Vinati Organics Ltd | Equity | ₹120.4 Cr | 0.68% |
| Tata Power Co Ltd | Equity | ₹119.14 Cr | 0.67% |
| Jubilant Foodworks Limited September 2024 Future | Equity - Future | ₹112.25 Cr | 0.63% |
| V-Mart Retail Ltd | Equity | ₹110.51 Cr | 0.62% |
| BSE Ltd | Equity | ₹105.22 Cr | 0.59% |
| Craftsman Automation Ltd | Equity | ₹97.68 Cr | 0.55% |
| Ashok Leyland Ltd | Equity | ₹93.6 Cr | 0.53% |
| Info Edge (India) Ltd | Equity | ₹89 Cr | 0.50% |
| Delhivery Ltd | Equity | ₹88.08 Cr | 0.49% |
| Ambuja Cements Ltd | Equity | ₹78.37 Cr | 0.44% |
| Jubilant Foodworks Ltd | Equity | ₹68.36 Cr | 0.38% |
| Aadhar Housing Finance Ltd | Equity | ₹66.12 Cr | 0.37% |
| Gland Pharma Ltd | Equity | ₹60.58 Cr | 0.34% |
| Entero Healthcare Solutions Ltd | Equity | ₹55.23 Cr | 0.31% |
| Net Receivables / (Payables) | Cash | ₹-48.25 Cr | 0.27% |
| Havells India Ltd | Equity | ₹37.99 Cr | 0.21% |
| Lupin Limited September 2024 Future | Equity - Future | ₹31.64 Cr | 0.18% |
| AAVAS Financiers Ltd | Equity | ₹30.56 Cr | 0.17% |
| Rec Limited September 2024 Future | Equity - Future | ₹21.09 Cr | 0.12% |
| Crompton Greaves Consumer Electricals Limited September 2024 Future | Equity - Future | ₹10.94 Cr | 0.06% |
| Hindustan Petroleum Corporation Limited September 2024 Future | Equity - Future | ₹10.93 Cr | 0.06% |
| Max Financial Services Ltd | Equity | ₹10.02 Cr | 0.06% |
| Larsen & Toubro Limited September 2024 Future | Equity - Future | ₹9.23 Cr | 0.05% |
| Glenmark Pharmaceuticals Limited September 2024 Future | Equity - Future | ₹8.08 Cr | 0.05% |
| Info Edge (India) Limited September 2024 Future | Equity - Future | ₹2.67 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
59.22%
Mid Cap Stocks
22.85%
Small Cap Stocks
12.97%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹4,939.81 Cr | 27.73% |
| Consumer Cyclical | ₹2,975.57 Cr | 16.70% |
| Industrials | ₹2,226.69 Cr | 12.50% |
| Healthcare | ₹2,011.85 Cr | 11.29% |
| Technology | ₹1,754 Cr | 9.84% |
| Basic Materials | ₹952.11 Cr | 5.34% |
| Utilities | ₹897.03 Cr | 5.03% |
| Consumer Defensive | ₹571.66 Cr | 3.21% |
| Communication Services | ₹402.69 Cr | 2.26% |
| Energy | ₹392.49 Cr | 2.20% |
| Real Estate | ₹125.95 Cr | 0.71% |
Risk & Performance Ratios
Standard Deviation
This fund
12.96%
Cat. avg.
12.58%
Lower the better
Sharpe Ratio
This fund
1.30
Cat. avg.
1.42
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.99
Higher the better
Fund Managers
Amit Ganatra
Since December 2023
TB
Taher Badshah
Since January 2017
Additional Scheme Detailsas of 31st August 2024
ISIN | INF205K01LE4 | Expense Ratio | 0.52% | Exit Load | 1.00% | Fund Size | ₹17,817 Cr | Age | 11 years 9 months | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | BSE 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Contra Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Contra Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹39432.50 Cr | 42.8% |
| Kotak India EQ Contra Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3928.94 Cr | 50.8% |
| Kotak India EQ Contra Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹3928.94 Cr | 52.8% |
| Invesco India Contra Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹17817.05 Cr | 52.8% |
| SBI Contra Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹39432.50 Cr | 44.2% |
| Invesco India Contra Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹17817.05 Cr | 51.0% |
About the AMC
Total AUM
₹96,573 Cr
Address
Unit No: 2101 A, 21st floor, A – Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai – 400 013 Maharashtra, India
Other Funds by Invesco Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Invesco India Contra Fund Direct Growth?
The NAV of Invesco India Contra Fund Direct Growth, as of 04-Oct-2024, is ₹159.82.
What are the returns of Invesco India Contra Fund Direct Growth?
The fund has generated 52.76% over the last 1 year and 22.71% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Invesco India Contra Fund Direct Growth?
The fund's allocation of assets is distributed as 97.98% in equities, 0.00% in bonds, and 2.02% in cash and cash equivalents.
Who manages the Invesco India Contra Fund Direct Growth?
The fund managers responsible for Invesco India Contra Fund Direct Growth are:-
- Amit Ganatra
- Taher Badshah
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.