Invesco India Contra Fund Direct Growth
Equity
Direct
Contra
NAV as on 21-02-2025
₹ 140.57
▲0.4%
1D
Inception Returns
18.8%
/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 ₹17168 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
Invesco India Contra Fund Direct Growth has given a CAGR return of 18.84% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.95%, 18.67% and 20.05% respectively.
Holdings
Invesco India Contra Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Consumer Cyclical, Tech, Industrial, Basic Materials, Consumer Defensive, Utilities, Communication, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Axis Bank Ltd, Mahindra & Mahindra 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
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
Absolute
▲
▼
5496 people have invested ₹ 4.2Cr 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
37% Risk Management
100% Cost
2 out of 3 among contra
Lower volatility within category
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Underperforms benchmarks during bull run
5Y returns in the bottom 25% of the category
Invesco India Contra Fund Direct Growth Overview
| Expense ratio | 0.56% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹17168 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 (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
Large cap
56.8%
Mid cap
23.1%
Small cap
15.9%
Sector Allocation
Financial Services
32.6%
Health
15%
Consumer Cyclical
14%
Tech
11.5%
Industrial
9.8%
Basic Materials
5%
Consumer Defensive
3.9%
Utilities
3.2%
Communication
2.1%
Energy
1.4%
Real Estate
1.4%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 17.2K Cr as of Jan'25
- AUM decreased by 986 Cr between Jan'25 and Dec'24
Top Stocks bought last month
ITC Ltd's allocation increased from 0.45% to 0.87%
Mahindra & Mahindra Ltd's allocation increased from 2.61% to 3.01%
Larsen & Toubro Ltd's allocation increased from 2.34% to 2.71%
Top Stocks sold last month
Axis Bank Ltd's allocation decreased from 3.25 % to 3.18 %
REC Ltd's allocation decreased from 2.41 % to 2.29 %
Zomato Ltd's allocation decreased from 2.08 % to 2.01 %
Mid Cap allocation has gone up from 22.5% to 23.1%
Large Cap allocation has gone down from 58.5% to 56.8%
Small Cap allocation has gone up from 15% to 15.9%
Cash allocation has gone down from 2.9% to 2.3%
Top 3 Sectors in January were Financial Services, Health & Consumer Cyclical
Jan'25
Financial Services
33%
Health
15%
Consumer Cyclical
14%
Dec'24
Financial Services
32%
Health
15%
Consumer Cyclical
15%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.87% | 0.9% | |
 ICICI Bank Ltd | 7.34% | 1.5% | |
 Infosys Ltd | 6.73% | 0% | |
 Axis Bank Ltd | 3.18% | 0% | |
 Mahindra & Mahindra Ltd | 3.01% | 9.7% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Invesco India Contra Fund Direct Growth | 12.95% | 18.67% | 20.05% | 18.84% |
 Kotak India EQ Contra Fund - Growth - Direct | 5.75% | 19.3% | 20.4% | 16.96% |
 SBI Contra Fund Direct Growth | 5.68% | 22.51% | 28.48% | 16.69% |
Top Growth Drivers | 1M Return |
|---|---|
 Cholamandalam Investment & Finance Company Ltd | 10.3% |
 Kotak Mahindra Bank Ltd | 3.4% |
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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
₹1.09L Cr
as on 31-Jan-2025
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 1 month, this fund has increased expense ratio by 7.7% moving from 0.52 to 0.56.
In the last 1 year, this fund has outperformed all funds in its category.
In the last 3 years, SBI Contra Fund Direct Growth has given 22.51% return, outperforming this fund by 3.84% per annum.
Over the last 1 month, this fund has experienced a 5.4% drop in AUM moving from 18.15K Cr to 17.16K Cr.
This fund has one of the lowest expense ratio in the category (contra). Its expense ratio is 0.56% which is lower than the category average expense ratio of 1.08%.
In the last 5 years, SBI Contra Fund Direct Growth has given 28.48% return, outperforming this fund by 8.43% per annum.
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 18.84% since inception which is more than its category average return of 16.11%
Fund Allocations
This fund has an allocation of 97.66% in Equity, 0% in Debt and 2.34% in Cash related instruments
AUM size ₹17168 Cr
This fund has AUM of ₹17168 Cr which is less than its category average of ₹ 20882 Cr
Expense Ratio 0.56%
This fund has an expense ratio of 0.56% which is less than its category average expense ratio of 1.14%
Frequently Asked Questions for Invesco India Contra Fund Direct Growth
The current NAV of Invesco India Contra Fund Direct Growth is ₹140.57 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
Invesco India Contra Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.94% | -4.94% |
6 Month Returns | -7.84% | -7.84% |
1 Year Returns | 12.95% | 12.95% |
3 Years Returns | 67.12% | 18.67% |
5 Years Returns | 149.34% | 20.05% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.56% as on January 2025
₹17168 Cr as on January 2025
HDFC Bank Ltd(7.87%), ICICI Bank Ltd(7.34%), Infosys Ltd(6.73%), Axis Bank Ltd(3.18%), Mahindra & Mahindra Ltd(3.01%) as on January 2025
Financial Services(31.82%), Health(14.67%), Consumer Cyclical(13.7%) as on January 2025
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 | 9.34 | 4.39 | 3.22 |
As on January 2025
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 | 1.11 | 0.98 | 0.97 |
As on January 2025
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 | 0.9 | 0.87 | 0.85 |
As on January 2025
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 | 14.35 | 14.08 | 19.21 |
As on January 2025
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.
Sortino ratio is 1.52 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.22 as on January 2025. 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%