Invesco India Contra Fund Direct Growth
Equity
Direct
Contra
NAV as on 20-01-2025
₹ 149.32
1D
Inception Returns
19.4%
/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 Amit Ganatra, Taher Badshah. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Contra Fund Direct Growth has ₹18153 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 19.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.17%, 17.90% and 21.63% 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, Utilities, Consumer Defensive, Energy, Communication, 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 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
Absolute
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5579 people have invested ₹ 4.6Cr 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
48% 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
3Y returns in the bottom 25% of the category
Invesco India Contra Fund Direct Growth Overview
| Expense ratio | 0.52% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹18153 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 (20-Jan-25)
Fund Distribution
as on (30-Nov-24)
Large cap
58.5%
Mid cap
22.5%
Small cap
15%
Sector Allocation
Financial Services
32%
Health
15.5%
Consumer Cyclical
14.9%
Tech
11%
Industrial
9.8%
Basic Materials
4.9%
Utilities
3.2%
Consumer Defensive
3.2%
Energy
2.1%
Communication
2%
Real Estate
1.5%
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 18.2K Cr as of Dec'24
- AUM increased by 134.6 Cr between Dec'24 and Nov'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 59.7% to 58.5%
Small Cap allocation has gone up from 14.8% to 15%
Mid Cap allocation has gone down from 23.5% to 22.5%
Cash allocation has gone up from 1.3% to 2.9%
Top 3 Sectors in December were Financial Services, Consumer Cyclical & Health
Dec'24
Financial Services
32%
Health
15%
Consumer Cyclical
15%
Nov'24
Financial Services
32%
Consumer Cyclical
15%
Health
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.7% | 5.9% | |
 ICICI Bank Ltd | 7% | 0% | |
 Infosys Ltd | 6.36% | 0% | |
 Axis Bank Ltd | 3.25% | 0% | |
 Mahindra & Mahindra Ltd | 2.61% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Invesco India Contra Fund Direct Growth | 24.17% | 17.9% | 21.63% | 19.44% |
 Kotak India EQ Contra Fund - Growth - Direct | 17.33% | 18.78% | 21.44% | 17.55% |
 SBI Contra Fund Direct Growth | 16.11% | 22.21% | 29.27% | 17.23% |
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Amit Ganatra
Fund Manager of Invesco India Contra Fund Direct Growth, since 1 December 2023
Top funds managed
Taher Badshah
Fund Manager of Invesco India Contra Fund Direct Growth, since 13 January 2017
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
In the last 5 years, SBI Contra Fund Direct Growth has given 29.27% return, outperforming this fund by 7.64% per annum.
Over the last 6 months, this fund has experienced a 12.1% growth in AUM moving from 16.18K Cr to 18.15K Cr.
In the last 3 years, SBI Contra Fund Direct Growth has given 22.21% return, outperforming this fund by 4.31% per annum.
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 1.07%.
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 19.44% since inception which is more than its category average return of 16.55%
Fund Allocations
This fund has an allocation of 97.06% in Equity, 0% in Debt and 2.94% in Cash related instruments
AUM size ₹18153 Cr
This fund has AUM of ₹18153 Cr which is less than its category average of ₹ 21440 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 ₹149.32 as on 20-Jan-2025.
Existing (Absolute + CAGR) as on 20-Jan-2025.
Invesco India Contra Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.62% | -7.62% |
6 Month Returns | -1.03% | -1.03% |
1 Year Returns | 24.17% | 24.17% |
3 Years Returns | 63.88% | 17.9% |
5 Years Returns | 166.2% | 21.63% |
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0.52% as on December 2024
₹18153 Cr as on December 2024
HDFC Bank Ltd(7.7%), ICICI Bank Ltd(7%), Infosys Ltd(6.36%), Axis Bank Ltd(3.25%), Mahindra & Mahindra Ltd(2.61%) as on December 2024
Financial Services(31.06%), Health(15.01%), Consumer Cyclical(14.49%) as on December 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 | 13.21 | 5.89 | 4.41 |
As on December 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 | 0.98 | 0.94 | 0.96 |
As on December 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 | 1.88 | 1.1 | 0.96 |
As on December 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 | 11.5 | 13.33 | 18.86 |
As on December 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.
Sortino ratio is 2.07 as on December 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.82 as on December 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Amit Ganatra, Taher Badshah are the fund managers of Invesco India Contra Fund Direct Growth
The Exit load of Invesco India Contra Fund Direct Growth is 1%