Invesco India Financial Services Fund Direct Growth
EquitySector - Financial ServicesVery High Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,072 Cr
Expense Ratio
0.93%
ISIN
INF205K01KY4
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹146.93, Assets Under Management (AUM) of 1071.62 Crores, and an expense ratio of 0.93%.
- Invesco India Financial Services Fund Direct Growth has given a CAGR return of 16.40% since inception.
- The fund's asset allocation comprises around 98.54% in equities, 0.00% in debts, and 1.46% in cash & cash equivalents.
- You can start investing in Invesco India Financial Services 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
+28.01%
+16.56% (Cat Avg.)
3 Years
+17.23%
+13.37% (Cat Avg.)
5 Years
+16.44%
+12.64% (Cat Avg.)
10 Years
+16.06%
+11.20% (Cat Avg.)
Since Inception
+16.40%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹1,056.03 Cr | 98.54% |
| Others | ₹15.6 Cr | 1.46% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹213.03 Cr | 19.88% |
| HDFC Bank Ltd | Equity | ₹129.44 Cr | 12.08% |
| Axis Bank Ltd | Equity | ₹74.9 Cr | 6.99% |
| State Bank of India | Equity | ₹68.8 Cr | 6.42% |
| HDFC Asset Management Co Ltd | Equity | ₹47.14 Cr | 4.40% |
| PB Fintech Ltd | Equity | ₹34.48 Cr | 3.22% |
| Central Depository Services (India) Ltd | Equity | ₹32.02 Cr | 2.99% |
| Multi Commodity Exchange of India Ltd | Equity | ₹31.97 Cr | 2.98% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹30.58 Cr | 2.85% |
| Karur Vysya Bank Ltd | Equity | ₹30.11 Cr | 2.81% |
| SBI Life Insurance Co Ltd | Equity | ₹30.04 Cr | 2.80% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹29.27 Cr | 2.73% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹28.88 Cr | 2.70% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹28.83 Cr | 2.69% |
| REC Ltd | Equity | ₹27.29 Cr | 2.55% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹21.79 Cr | 2.03% |
| The Federal Bank Ltd | Equity | ₹21.27 Cr | 1.98% |
| Muthoot Finance Ltd | Equity | ₹19.85 Cr | 1.85% |
| Medi Assist Healthcare Services Ltd | Equity | ₹18.24 Cr | 1.70% |
| Home First Finance Co India Ltd --- | Equity | ₹18.07 Cr | 1.69% |
| Triparty Repo | Cash - Repurchase Agreement | ₹17.42 Cr | 1.63% |
| BSE Ltd | Equity | ₹16.42 Cr | 1.53% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹16.21 Cr | 1.51% |
| Indian Bank | Equity | ₹15.46 Cr | 1.44% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹15.4 Cr | 1.44% |
| Bank of Baroda | Equity | ₹13.23 Cr | 1.23% |
| IndusInd Bank Ltd | Equity | ₹12.16 Cr | 1.13% |
| Bajaj Housing Finance Ltd | Equity | ₹10.31 Cr | 0.96% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹6.46 Cr | 0.60% |
| Angel One Ltd Ordinary Shares | Equity | ₹5.83 Cr | 0.54% |
| Can Fin Homes Ltd | Equity | ₹5.7 Cr | 0.53% |
| AAVAS Financiers Ltd | Equity | ₹2.84 Cr | 0.27% |
| Net Receivables / (Payables) | Cash | ₹-1.83 Cr | 0.17% |
Allocation By Market Cap (Equity)
Large Cap Stocks
55.78%
Mid Cap Stocks
17.73%
Small Cap Stocks
24.08%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,008.51 Cr | 94.11% |
| Technology | ₹29.27 Cr | 2.73% |
| Healthcare | ₹18.24 Cr | 1.70% |
Risk & Performance Ratios
Standard Deviation
This fund
15.08%
Cat. avg.
16.63%
Lower the better
Sharpe Ratio
This fund
0.79
Cat. avg.
0.45
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.79
Higher the better
Fund Managers
Dhimant Kothari
Since June 2018
Hiten Jain
Since May 2020
Additional Scheme Detailsas of 31st October 2024
ISIN INF205K01KY4 | Expense Ratio 0.93% | Exit Load 1.00% | Fund Size ₹1,072 Cr | Age 11 years 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Financial Services 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:
Dividend Taxation:
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 Sector - Financial Services Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹10.92 Cr | 9.7% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2481.67 Cr | 25.4% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1396.39 Cr | 25.4% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2818.24 Cr | 16.1% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹239.75 Cr | 16.0% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.8% | 1.0% | ₹8850.47 Cr | 19.2% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1159.45 Cr | 20.8% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6237.85 Cr | 18.9% |
About the AMC
Invesco Mutual Fund
Total AUM
₹1,02,708 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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- Dhimant Kothari
- Hiten Jain
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