Invesco India Contra Fund Direct Growth
Equity
Direct
Contra
NAV as on 18-12-2024
₹ 159.81
1D
Inception Returns
20.4%
/yr
About Invesco India Contra Fund Direct Growth
Invesco India Contra Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Taher Badshah, Amit Ganatra. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Contra Fund Direct Growth has ₹18019 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Invesco India Contra Fund Direct Growth has given a CAGR return of 20.39% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.15%, 23.80% and 24.63% respectively.
Holdings
Invesco India Contra Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Tech, Industrial, Basic Materials, Utilities, Consumer Defensive, Communication, Energy, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Axis Bank Ltd, NTPC Ltd
Taxation
As it is a contra mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Invesco India Contra Fund Direct Growth
To generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Invesco India Contra Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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5379 people have invested ₹ 4.3Cr in Invesco India Contra Fund Direct Growth in the last three months
INDmoney Rank for Invesco India Contra Fund Direct Growth
Powered by IND quant engine
2
/3
20% Performance
45% Risk Management
100% Cost
2 out of 3 among contra
Lower volatility within category
Recovers losses quickly
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Higher probablity of downside risk
Underperforms benchmarks during bull run
Invesco India Contra Fund Direct Growth Overview
| Expense ratio | 0.52% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹18019 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 73.33% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (18-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
59.7%
Mid cap
23.5%
Small cap
14.8%
Sector Allocation
Financial Services
31.8%
Consumer Cyclical
15.3%
Health
14.1%
Tech
10.9%
Industrial
9.5%
Basic Materials
5.1%
Utilities
3.9%
Consumer Defensive
3.1%
Communication
2.5%
Energy
2.4%
Real Estate
1.4%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.66% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.25% in Nov'24
- AUM of the fund stands at 18K Cr as of Nov'24
- AUM increased by 301 Cr between Nov'24 and Oct'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 6.52% to 7.22%
REC Ltd's allocation increased from 2.16% to 2.57%
ICICI Bank Ltd's allocation increased from 6.83% to 7.23%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 6.24 % to 6.09 %
Axis Bank Ltd's allocation decreased from 3.69 % to 3.62 %
NTPC Ltd's allocation decreased from 3.72 % to 3.58 %
Large Cap allocation has gone down from 60.5% to 59.7%
Small Cap allocation has gone up from 14% to 14.8%
Mid Cap allocation has gone up from 23.2% to 23.5%
Cash allocation has gone down from 1.7% to 1.3%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Health
Nov'24
Financial Services
32%
Consumer Cyclical
15%
Health
14%
Oct'24
Financial Services
31%
Consumer Cyclical
16%
Health
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 7.23% | 0% | |
 HDFC Bank Ltd | 7.22% | 5.9% | |
 Infosys Ltd | 6.09% | 0% | |
 Axis Bank Ltd | 3.62% | 0% | |
 NTPC Ltd | 3.58% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Invesco India Contra Fund Direct Growth | 37.15% | 23.8% | 24.63% | 20.39% |
 Kotak India EQ Contra Fund - Growth - Direct | 29.62% | 24.52% | 23.89% | 18.33% |
 SBI Contra Fund Direct Growth | 25.22% | 25.84% | 31.1% | 17.77% |
Top Growth Drivers | 1M Return |
|---|---|
 Coforge Ltd | 16.2% |
 Infosys Ltd | 10.4% |
 Zomato Ltd | 6.5% |
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Taher Badshah
Fund Manager of Invesco India Contra Fund Direct Growth, since 13 January 2017
Top funds managed
Amit Ganatra
Fund Manager of Invesco India Contra Fund Direct Growth, since 1 December 2023
Top funds managed
Fund House
Invesco Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.08L Cr
as on 29-Nov-2024
Address
Religare Invesco Asset Management Company Private Limited,3rd Floor, GYS Infinity,,Paranjpe 'B' Scheme, Subhash Road,,Vile Parle (East),
Phone
+912267310000
Website
services@religaremf.com
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 19.5% growth in AUM moving from 15.07K Cr to 18.01K Cr.
This fund has one of the lowest expense ratio in the category (contra). Its expense ratio is 0.52% which is lower than the category average expense ratio of 1.06%.
In the last 3 years, SBI Contra Fund Direct Growth has given 25.84% return, outperforming this fund by 2.04% per annum.
Over the last 15 months, this fund has decreased expense ratio by 7.1% moving from 0.56 to 0.52.
In the last 5 years, SBI Contra Fund Direct Growth has given 31.1% return, outperforming this fund by 6.47% per annum.
In the last 1 year, this fund has outperformed all funds in its category.
Invesco India Contra Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 20.39% since inception which is more than its category average return of 17.29%
Fund Allocations
This fund has an allocation of 98.73% in Equity, 0% in Debt and 1.27% in Cash related instruments
AUM size ₹18019 Cr
This fund has AUM of ₹18019 Cr which is less than its category average of ₹ 21287 Cr
Expense Ratio 0.52%
This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.11%
Frequently Asked Questions for Invesco India Contra Fund Direct Growth
The current NAV of Invesco India Contra Fund Direct Growth is ₹159.81 as on 18-Dec-2024.
Existing (Absolute + CAGR) as on 18-Dec-2024.
Invesco India Contra Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.27% | 6.27% |
6 Month Returns | 12.84% | 12.84% |
1 Year Returns | 37.15% | 37.15% |
3 Years Returns | 89.76% | 23.8% |
5 Years Returns | 200.73% | 24.63% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.52% as on November 2024
₹18019 Cr as on November 2024
ICICI Bank Ltd(7.23%), HDFC Bank Ltd(7.22%), Infosys Ltd(6.09%), Axis Bank Ltd(3.62%), NTPC Ltd(3.58%) as on November 2024
Financial Services(31.36%), Consumer Cyclical(15.08%), Health(13.96%) as on November 2024
The alpha ratio for the Invesco India Contra Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Contra Fund Direct Growth | 12.54 | 5.48 | 4.09 |
As on November 2024
The alpha for Invesco India Contra Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Invesco India Contra Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Contra Fund Direct Growth | 0.93 | 0.95 | 0.96 |
As on November 2024
The Beta for Invesco India Contra Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Invesco India Contra Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Invesco India Contra Fund Direct Growth | - | - | - |
As on November 2024
The sharpe ratio for Invesco India Contra Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Invesco India Contra Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Invesco India Contra Fund Direct Growth | - | - | - |
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Information ratio is 1.7 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Taher Badshah, Amit Ganatra are the fund managers of Invesco India Contra Fund Direct Growth
The Exit load of Invesco India Contra Fund Direct Growth is 1%