Invesco India Financial Services Fund Direct Growth
NAV as on 28-03-2025
₹ 147.15
▲0.1%
1D
Inception Returns
15.9%
/yr
Historical NAV & Returns
Absolute
▲
▼
868 people have invested ₹ 50.6L in Invesco India Financial Services Fund Direct Growth in the last three months
About Invesco India Financial Services Fund Direct Growth
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.
Key Parameters
- Invesco India Financial Services Fund Direct Growth has ₹1094 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Invesco India Financial Services Fund Direct Growth has given a CAGR return of 15.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.27%, 20.47% and 25.00% respectively.
Holdings
Invesco India Financial Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Tech. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, State Bank of India, Cholamandalam Investment and Finance Co Ltd
Taxation
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 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 Financial Services Fund Direct Growth
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 and lockin period
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.
Invesco India Financial Services Fund Direct Growth Overview
| Expense ratio | 0.87% |
Benchmark | S&P BSE BANKEX INR |
| AUM | ₹1094 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 45.78% |
| 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 |
INDmoney Rank for Invesco India Financial Services Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Trailing Returns
as on (28-Mar-25)
Fund Distribution
as on (28-Feb-25)
Large cap
64.2%
Mid cap
18.8%
Small cap
13.5%
Sector Allocation
Financial Services
97.8%
Health
1.3%
Tech
1%
All changes are between Dec'24 and Feb'25
- AUM of the fund stands at 1.1K Cr as of Feb'25
- AUM decreased by 31.9 Cr between Feb'25 and Jan'25
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 16.9% to 19.81%
Cholamandalam Investment and Finance Co Ltd's allocation increased from 2.59% to 3.18%
SBI Cards and Payment Services Ltd Ordinary Shares's allocation increased from 0.65% to 1.02%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 21.44 % to 21.21 %
State Bank of India's allocation decreased from 5.76 % to 5.28 %
PB Fintech Ltd's allocation decreased from 3.11 % to 2.71 %
Mid Cap allocation has gone down from 20.3% to 18.8%
Large Cap allocation has gone up from 58.7% to 64.2%
Small Cap allocation has gone down from 16.9% to 13.5%
Cash allocation has gone down from 4.2% to 3.5%
Top 3 Sectors in February were Financial Services, Tech & Health
Feb'25
Financial Services
98%
Health
1%
Tech
Jan'25
Financial Services
96%
Tech
2%
Health
2%
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 7.4% |
 Cholamandalam Investment & Finance Company Ltd | 7.1% |
 Shriram Finance Ltd | 5.6% |
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Dhimant Kothari
Fund Manager of Invesco India Financial Services Fund Direct Growth, since 1 June 2018
Top funds managed
Fund House
Invesco Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.1L Cr
as on 28-Feb-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 6 months, this fund has experienced a 11.9% growth in AUM moving from 978.28 Cr to 1.09K Cr.
In the last 3 years, Sundaram Financial Services Opportunities Fund Direct Plan Growth Option has given 20.71% return, outperforming this fund by 0.24% per annum.
In the last 5 years, Nippon India Banking & Financial Services Fund Direct Plan - Growth has given 28.61% return, outperforming this fund by 3.6% per annum.
In the last 1 year, DSP Banking & Financial Services Fund Direct Growth has given 25.04% return, outperforming this fund by 9.77%.
Over the last 1 year, this fund has decreased expense ratio by 19.4% moving from 1.08 to 0.87.
This fund expense ratio is slightly on the lower side within the category (sector - financial services). Its expense ratio is 0.87% which is lower than the category average expense ratio of 1.09%.
Invesco India Financial Services 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 15.91% since inception which is more than its category average return of 13.19%
Fund Allocations
This fund has an allocation of 96.53% in Equity, 0% in Debt and 3.47% in Cash related instruments
AUM size ₹1094 Cr
This fund has AUM of ₹1094 Cr which is less than its category average of ₹ 1792 Cr
Expense Ratio 0.87%
This fund has an expense ratio of 0.87% which is less than its category average expense ratio of 1.28%
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Frequently Asked Questions for Invesco India Financial Services Fund Direct Growth
The current NAV of Invesco India Financial Services Fund Direct Growth is ₹147.15 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Invesco India Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.11% | 8.11% |
6 Month Returns | -5.6% | -5.6% |
1 Year Returns | 15.27% | 15.27% |
3 Years Returns | 74.82% | 20.47% |
5 Years Returns | 205.23% | 25% |
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0.87% as on March 2025
₹1094 Cr as on March 2025
ICICI Bank Ltd(21.21%), HDFC Bank Ltd(19.81%), Axis Bank Ltd(5.99%), State Bank of India(5.28%), Cholamandalam Investment and Finance Co Ltd(3.18%) as on March 2025
Financial Services(94.38%), Health(1.22%), Tech(0.93%) as on March 2025
The alpha ratio for the Invesco India Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Financial Services Fund Direct Growth | -6.93 | 5.89 | 3.48 |
As on March 2025
The alpha for Invesco India Financial Services Fund Direct Growth is calculated against S&P BSE BANKEX 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 Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Financial Services Fund Direct Growth | 1.02 | 0.9 | 0.9 |
As on March 2025
The Beta for Invesco India Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX 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 Financial Services 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 Financial Services Fund Direct Growth | 0.01 | 0.77 | 0.51 |
As on March 2025
The sharpe ratio for Invesco India Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX 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 Financial Services 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 Financial Services Fund Direct Growth | 13.24 | 14.57 | 23.26 |
As on March 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 1.38 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.79 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Dhimant Kothari is the fund manager of Invesco India Financial Services Fund Direct Growth
The Exit load of Invesco India Financial Services Fund Direct Growth is 1%