Invesco India Equity Savings Fund Direct Growth
HybridEquity SavingsModerately High risk
Direct
NAV (04-Oct-24)
₹18.23-0.23%1D
Returns (Since Inception)
11.37%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹264 Cr
Expense Ratio
0.72%
ISIN
INF205KA1049
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
07 Mar 2019
About this fund
Invesco India Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by Invesco Mutual Fund. This fund has been in existence for 5 years, 6 months and 29 days, having been launched on 07-Mar-19.
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹18.23, Assets Under Management (AUM) of 264.46 Crores, and an expense ratio of 0.72%.
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹18.23, Assets Under Management (AUM) of 264.46 Crores, and an expense ratio of 0.72%.
- Invesco India Equity Savings Fund Direct Growth has given a CAGR return of 11.37% since inception.
- The fund's asset allocation comprises around 29.73% in equities, 16.99% in debts, and 53.27% in cash & cash equivalents.
- You can start investing in Invesco India Equity Savings 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
+23.91%
+16.10% (Cat Avg.)
3 Years
+11.42%
+9.21% (Cat Avg.)
5 Years
+11.98%
+10.76% (Cat Avg.)
Since Inception
+11.37%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹78.61 Cr | 29.73% |
| Debt | ₹44.93 Cr | 16.99% |
| Others | ₹140.92 Cr | 53.29% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹100.46 Cr | 37.99% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹20.33 Cr | 7.69% |
| Triparty Repo | Cash - Repurchase Agreement | ₹19.18 Cr | 7.25% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-15.98 Cr | 6.04% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹15.88 Cr | 6.00% |
| Future on United Spirits Ltd | Equity - Future | ₹-15.17 Cr | 5.73% |
| United Spirits Ltd | Equity | ₹15.07 Cr | 5.70% |
| Invesco India Liquid Dir Gr | Mutual Fund - Open End | ₹11.1 Cr | 4.20% |
| Infosys Ltd | Equity | ₹10.77 Cr | 4.07% |
| State Bank Of India September 2024 Future | Equity - Future | ₹-8.74 Cr | 3.31% |
| State Bank of India | Equity | ₹8.69 Cr | 3.28% |
| HDFC Bank Ltd | Equity | ₹8.21 Cr | 3.11% |
| Future on Axis Bank Ltd | Equity - Future | ₹-7.55 Cr | 2.85% |
| Axis Bank Ltd | Equity | ₹7.49 Cr | 2.83% |
| Infosys Limited September 2024 Future | Equity - Future | ₹-6.42 Cr | 2.43% |
| Kotak Mahindra Bank Ltd | Equity | ₹5.99 Cr | 2.27% |
| Invesco India Shrt DurDir Gr | Mutual Fund - Open End | ₹5.83 Cr | 2.21% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-5.6 Cr | 2.12% |
| Ambuja Cements Ltd | Equity | ₹5.55 Cr | 2.10% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹5.12 Cr | 1.94% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹5.01 Cr | 1.89% |
| Tata Consultancy Services Limited September 2024 Future | Equity - Future | ₹-4.97 Cr | 1.88% |
| Tata Consultancy Services Ltd | Equity | ₹4.94 Cr | 1.87% |
| 5.63% Govt Stock 2026 | Bond - Gov't/Treasury | ₹4.91 Cr | 1.86% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹4.84 Cr | 1.83% |
| HDB Financial Services Ltd. | Cash - Commercial Paper | ₹4.82 Cr | 1.82% |
| Trent Ltd | Equity | ₹4.48 Cr | 1.70% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-3.87 Cr | 1.46% |
| Avenue Supermarts Ltd | Equity | ₹3.86 Cr | 1.46% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-3.24 Cr | 1.23% |
| Larsen & Toubro Ltd | Equity | ₹3.22 Cr | 1.22% |
| Future on Bank of Baroda | Equity - Future | ₹-2.87 Cr | 1.09% |
| Bank of Baroda | Equity | ₹2.85 Cr | 1.08% |
| InterGlobe Aviation Ltd | Equity | ₹2.7 Cr | 1.02% |
| Icici Bank Limited September 2024 Future | Equity - Future | ₹-2.51 Cr | 0.95% |
| ICICI Bank Ltd | Equity | ₹2.5 Cr | 0.94% |
| Hdfc Life Insurance Company Limited September 2024 Future | Equity - Future | ₹-2.45 Cr | 0.93% |
| SBI Life Insurance Company Limited | Equity | ₹2.44 Cr | 0.92% |
| HDFC Life Insurance Co Ltd | Equity | ₹2.44 Cr | 0.92% |
| Zomato Ltd | Equity | ₹2.42 Cr | 0.92% |
| Jyoti CNC Automation Ltd | Equity | ₹2.42 Cr | 0.92% |
| Awfis Space Solutions Ltd | Equity | ₹2.4 Cr | 0.91% |
| Torrent Pharmaceuticals Ltd | Equity | ₹2.35 Cr | 0.89% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-2.29 Cr | 0.87% |
| IndusInd Bank Ltd | Equity | ₹2.28 Cr | 0.86% |
| Lupin Ltd | Equity | ₹2.24 Cr | 0.85% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹2.21 Cr | 0.84% |
| Dixon Technologies (India) Ltd | Equity | ₹2.15 Cr | 0.81% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-2.08 Cr | 0.78% |
| Mahindra & Mahindra Ltd | Equity | ₹2.06 Cr | 0.78% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹2.05 Cr | 0.78% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹2.04 Cr | 0.77% |
| Kalyan Jewellers India Ltd | Equity | ₹1.97 Cr | 0.74% |
| Voltas Ltd | Equity | ₹1.93 Cr | 0.73% |
| Suven Pharmaceuticals Ltd | Equity | ₹1.92 Cr | 0.73% |
| Coforge Ltd | Equity | ₹1.92 Cr | 0.73% |
| Century Textiles & Industries Ltd | Equity | ₹1.91 Cr | 0.72% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹1.87 Cr | 0.71% |
| Abbott India Ltd | Equity | ₹1.83 Cr | 0.69% |
| Reliance Industries Limited September 2024 Future | Equity - Future | ₹-1.82 Cr | 0.69% |
| Reliance Industries Ltd | Equity | ₹1.81 Cr | 0.69% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹1.73 Cr | 0.65% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹1.72 Cr | 0.65% |
| Jio Financial Services Ltd | Equity | ₹1.72 Cr | 0.65% |
| REC Ltd | Equity | ₹1.7 Cr | 0.64% |
| Safari Industries (India) Ltd | Equity | ₹1.62 Cr | 0.61% |
| Orchid Pharma Ltd | Equity | ₹1.61 Cr | 0.61% |
| Power Grid Corp Of India Ltd | Equity | ₹1.6 Cr | 0.61% |
| Home First Finance Co India Ltd --- | Equity | ₹1.51 Cr | 0.57% |
| Metro Brands Ltd | Equity | ₹1.44 Cr | 0.54% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹1.35 Cr | 0.51% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹1.24 Cr | 0.47% |
| PI Industries Ltd | Equity | ₹1.23 Cr | 0.46% |
| Honeywell Automation India Ltd | Equity | ₹1.17 Cr | 0.44% |
| Mrf Limited September 2024 Future | Equity - Future | ₹-1.02 Cr | 0.39% |
| MRF Ltd | Equity | ₹1.01 Cr | 0.38% |
| L&T Finance Ltd | Equity | ₹1.01 Cr | 0.38% |
| Acc Limited September 2024 Future | Equity - Future | ₹-0.98 Cr | 0.37% |
| ACC Ltd | Equity | ₹0.98 Cr | 0.37% |
| Itc Limited September 2024 Future | Equity - Future | ₹-0.97 Cr | 0.37% |
| Endurance Technologies Ltd | Equity | ₹0.97 Cr | 0.37% |
| ITC Ltd | Equity | ₹0.96 Cr | 0.36% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-0.82 Cr | 0.31% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-0.81 Cr | 0.31% |
| Bajaj Finance Ltd | Equity | ₹0.81 Cr | 0.31% |
| Maruti Suzuki India Ltd | Equity | ₹0.81 Cr | 0.30% |
| Krsnaa Diagnostics Ltd | Equity | ₹0.79 Cr | 0.30% |
| Bharat Petroleum Corporation Limited September 2024 Future | Equity - Future | ₹-0.71 Cr | 0.27% |
| Bharat Petroleum Corp Ltd | Equity | ₹0.71 Cr | 0.27% |
| Future on SBI Life Insurance Company Limited | Equity - Future | ₹-0.56 Cr | 0.21% |
| Hdfc Bank Limited September 2024 Future | Equity - Future | ₹-0.36 Cr | 0.14% |
| Sobha Ltd Ordinary Shares (Partly Paid Rs.5) | Equity | ₹0.19 Cr | 0.07% |
| Cipla Limited September 2024 Future | Equity - Future | ₹-0.11 Cr | 0.04% |
| Cipla Ltd | Equity | ₹0.11 Cr | 0.04% |
| Future on Lupin Ltd | Equity - Future | ₹-0.1 Cr | 0.04% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹49.64 Cr | 18.77% |
| Healthcare | ₹30.51 Cr | 11.54% |
| Technology | ₹21.65 Cr | 8.19% |
| Consumer Defensive | ₹21.61 Cr | 8.17% |
| Consumer Cyclical | ₹16.77 Cr | 6.34% |
| Industrials | ₹16.44 Cr | 6.22% |
| Basic Materials | ₹9.67 Cr | 3.66% |
| Energy | ₹2.52 Cr | 0.95% |
| Utilities | ₹1.6 Cr | 0.61% |
| Real Estate | ₹0.19 Cr | 0.07% |
Risk & Performance Ratios
Standard Deviation
This fund
5.42%
Cat. avg.
4.43%
Lower the better
Sharpe Ratio
This fund
1.05
Cat. avg.
0.80
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.52
Higher the better
Fund Managers
AN
Amit Nigam
Since September 2020
DG
Deepak Gupta
Since December 2023
Krishna Cheemalapati
Since March 2019
DK
Dhimant Kothari
Since May 2020
Additional Scheme Detailsas of 31st August 2024
ISIN | INF205KA1049 | Expense Ratio | 0.72% | Exit Load | No Charges | Fund Size | ₹264 Cr | Age | 5 years 6 months | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Equity Savings 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 Equity Savings Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth Moderate Risk | 0.7% | 1.0% | ₹7114.71 Cr | 21.0% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.8% | 1.0% | ₹7114.71 Cr | 19.7% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹471.71 Cr | 17.2% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹471.71 Cr | 18.4% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderate Risk | 2.5% | 1.0% | ₹610.16 Cr | 17.8% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderate Risk | 1.4% | 1.0% | ₹610.16 Cr | 19.1% |
| Tata Equity Savings Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹169.12 Cr | 16.3% |
| Bandhan Equity Savings Fund Regular Growth Low to Moderate Risk | 1.4% | 0.0% | ₹141.01 Cr | 10.4% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹79.02 Cr | 9.8% |
| Sundaram Equity Savings Fund Regular Growth Moderate Risk | 2.1% | 0.0% | ₹926.21 Cr | 18.9% |
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 Moderately High risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Invesco India Equity Savings Fund Direct Growth?
The NAV of Invesco India Equity Savings Fund Direct Growth, as of 04-Oct-2024, is ₹18.23.
What are the returns of Invesco India Equity Savings Fund Direct Growth?
The fund has generated 23.91% over the last 1 year and 11.42% 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 Equity Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 29.73% in equities, 16.99% in bonds, and 53.27% in cash and cash equivalents.
Who manages the Invesco India Equity Savings Fund Direct Growth?
The fund managers responsible for Invesco India Equity Savings Fund Direct Growth are:-
- Amit Nigam
- Deepak Gupta
- Krishna Cheemalapati
- Dhimant Kothari
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.
©2021-2022 Dezerv. All Rights Reserved
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.
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.