Invesco India Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 27-11-2024
₹ 19.43
▲0.3%
1D
Inception Returns
26.7%
/yr
About Invesco India Flexi Cap Fund Direct Growth
Invesco India Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 14 February, 2022. The fund is managed by Taher Badshah, Amit Ganatra. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Flexi Cap Fund Direct Growth has ₹2260 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
Invesco India Flexi Cap Fund Direct Growth has given a CAGR return of 26.69% since inception. Over the last 1 year the fund has given a CAGR return of 45.08%.
Holdings
Invesco India Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Health, Consumer Defensive, Real Estate, Communication, Basic Materials, Utilities. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Axis Bank Ltd, Zomato Ltd
Taxation
As it is a flexi cap 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 Flexi Cap Fund Direct Growth
To generate capital appreciation by dynamically investing in a mix of equity and equity related instruments across market capitalization i.e. large, mid and small cap stocks.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Invesco India Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
645 people have invested ₹ 1.3Cr in Invesco India Flexi Cap Fund Direct Growth in the last three months
Invesco India Flexi Cap Fund Direct Growth Overview
| Expense ratio | 0.61% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹2260 Cr |
| Inception Date | 14 February, 2022 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 116.27% |
| 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 |
Trailing Returns
as on (27-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
50.3%
Mid cap
26.2%
Small cap
19.6%
Sector Allocation
Financial Services
31%
Consumer Cyclical
19.6%
Tech
13.7%
Industrial
10.1%
Health
8.8%
Consumer Defensive
5.1%
Real Estate
3.4%
Communication
3.3%
Basic Materials
3%
Utilities
2%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -4.52% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.99% in Oct'24
- AUM of the fund stands at 2.3K Cr as of Oct'24
- AUM increased by 9.2 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.06% to 5.39%
The Federal Bank Ltd's allocation increased from 0.42% to 1.33%
Krishna Institute of Medical Sciences Ltd's allocation increased from 0.33% to 1.07%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 3.57 % to 3.33 %
Axis Bank Ltd's allocation decreased from 3.44 % to 3.22 %
Zomato Ltd's allocation decreased from 3.03 % to 2.95 %
Cash allocation has gone down from 1.6% to 1.4%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Tech
Oct'24
Financial Services
31%
Consumer Cyclical
20%
Tech
14%
Sep'24
Financial Services
29%
Consumer Cyclical
21%
Tech
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.86% | 1.5% | |
 HDFC Bank Ltd | 5.39% | 33.2% | |
 Infosys Ltd | 3.33% | 0% | |
 Axis Bank Ltd | 3.22% | 0% | |
 Zomato Ltd | 2.95% | 10.4% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Prudent Corporate Advisory Services Ltd | 15.4% |
 Coforge Ltd | 11.8% |
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Taher Badshah
Fund Manager of Invesco India Flexi Cap Fund Direct Growth, since 14 February 2022
Top funds managed
Amit Ganatra
Fund Manager of Invesco India Flexi Cap Fund Direct Growth, since 1 September 2022
Top funds managed
Fund House
Invesco Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.04L Cr
as on 31-Oct-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
Invesco India Flexi Cap 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 26.69% since inception which is more than its category average return of 19.47%
Fund Allocations
This fund has an allocation of 98.64% in Equity, 0% in Debt and 1.36% in Cash related instruments
AUM size ₹2260 Cr
This fund has AUM of ₹2260 Cr which is less than its category average of ₹ 8754 Cr
Expense Ratio 0.61%
This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions for Invesco India Flexi Cap Fund Direct Growth
The current NAV of Invesco India Flexi Cap Fund Direct Growth is ₹19.43 as on 27-Nov-2024.
Existing (Absolute + CAGR) as on 27-Nov-2024.
Invesco India Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.77% | 2.77% |
6 Month Returns | 15.01% | 15.01% |
1 Year Returns | 45.08% | 45.08% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.61% as on October 2024
₹2260 Cr as on October 2024
ICICI Bank Ltd(8.86%), HDFC Bank Ltd(5.39%), Infosys Ltd(3.33%), Axis Bank Ltd(3.22%), Zomato Ltd(2.95%) as on October 2024
Financial Services(30.56%), Consumer Cyclical(19.38%), Tech(13.54%) as on October 2024
The alpha ratio for the Invesco India Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Flexi Cap Fund Direct Growth | 14.7 | - | - |
As on October 2024
The alpha for Invesco India Flexi Cap 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Flexi Cap Fund Direct Growth | 0.86 | - | - |
As on October 2024
The Beta for Invesco India Flexi Cap 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 Flexi Cap 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 Flexi Cap Fund Direct Growth | 2.99 | - | - |
As on October 2024
The sharpe ratio for Invesco India Flexi Cap 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 Flexi Cap 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 Flexi Cap Fund Direct Growth | 12.07 | - | - |
As on October 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.
Taher Badshah, Amit Ganatra are the fund managers of Invesco India Flexi Cap Fund Direct Growth
The Exit load of Invesco India Flexi Cap Fund Direct Growth is 1%