Equity
Direct
Sector - Financial Services
NAV as on 06-09-2024
₹ 148.92
1D
Inception Returns
16.8%
/yr
Invesco India Financial Services Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dhimant Kothari. The fund could potentially beat inflation in the long-run.
Invesco India Financial Services Fund Direct Growth has given a CAGR return of 16.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.42%, 18.22% and 19.93% respectively.
Invesco India Financial Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Health. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, State Bank of India, Computer Age Management Services Ltd Ordinary Shares
As it is a sector - financial services 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.
To generate capital appreciation from a portfolio of Equity and Equity Related Instruments of companies engaged in the business of banking and financial services.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Invesco India Financial Services Fund Direct Growth has no lock in period.
Expense ratio | 0.93% |
Benchmark | S&P BSE BANKEX INR |
AUM | ₹949 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 45.78% |
STCG | Redeeming 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 |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Tech & Health
Invesco India Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.9% | 6.9% |
6 Month Returns | 15.76% | 15.76% |
1 Year Returns | 41.42% | 41.42% |
3 Years Returns | 65.21% | 18.22% |
5 Years Returns | 148.12% | 19.93% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Financial Services Fund Direct Growth | 22.62 | 7.81 | 5.37 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Financial Services Fund Direct Growth | 0.54 | 0.91 | 0.9 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Invesco India Financial Services Fund Direct Growth | 2.91 | 0.84 | 0.69 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Invesco India Financial Services Fund Direct Growth | 10.31 | 15.01 | 23.13 |