Invesco India Large&MidCap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 31-10-2024
₹ 108.06
1D
Inception Returns
19%
/yr
About Invesco India Large&MidCap Fund Direct Growth
Invesco India Large&MidCap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Amit Ganatra, Pranav Gokhale. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Large&MidCap Fund Direct Growth has ₹6493 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
Invesco India Large&MidCap Fund Direct Growth has given a CAGR return of 19.03% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 54.37%, 21.65% and 21.97% respectively.
Holdings
Invesco India Large&MidCap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Real Estate, Tech, Basic Materials, Communication, Consumer Defensive. Its top holdings are ICICI Bank Ltd, Axis Bank Ltd, Trent Ltd, Cholamandalam Investment and Finance Co Ltd, Prestige Estates Projects Ltd
Taxation
As it is a large & mid-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 Large&MidCap Fund Direct Growth
To generate capital appreciation from a diversified portfolio of predominantly Equity and Equity Related Instruments of Large and Midcap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Invesco India Large&MidCap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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2411 people have invested ₹ 3.3Cr in Invesco India Large&MidCap Fund Direct Growth in the last three months
INDmoney Rank for Invesco India Large&MidCap 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.
Invesco India Large&MidCap Fund Direct Growth Overview
| Expense ratio | 0.64% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹6493 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 72.44% |
| 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 (31-Oct-24)
Fund Distribution
as on (30-Sep-24)
Mid cap
47.6%
Large cap
37.6%
Small cap
11.7%
Sector Allocation
Financial Services
27.7%
Consumer Cyclical
22.5%
Industrial
12.6%
Health
10%
Real Estate
8.3%
Tech
8.3%
Basic Materials
6.4%
Communication
2.2%
Consumer Defensive
2%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 4.31% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.04% as on Sep'24
- This fund outperformed NIFTY 500 by 2.28% in Sep'24
- AUM of the fund stands at 6.2K Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
Brainbees Solutions Ltd's allocation increased from 0.23% to 1.41%
L&T Finance Ltd's allocation increased from 2.46% to 3%
TVS Motor Co Ltd's allocation increased from 2.54% to 3.03%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 4.86 % to 4.81 %
Prestige Estates Projects Ltd's allocation decreased from 3.81 % to 3.7 %
InterGlobe Aviation Ltd's allocation decreased from 3.78 % to 3.03 %
Mid Cap allocation has gone up from 44.2% to 47.6%
Large Cap allocation has gone down from 41.3% to 37.6%
Small Cap allocation has gone up from 10.5% to 11.7%
Cash allocation has gone down from 2% to 0.9%
Top 3 Sectors in September were Financial Services, Consumer Cyclical & Industrial
Sep'24
Financial Services
28%
Consumer Cyclical
23%
Industrial
13%
Aug'24
Financial Services
27%
Consumer Cyclical
23%
Industrial
14%
See all
Top Growth Drivers | 1M Return |
|---|---|
 BSE Ltd | 15.7% |
 Global Health Ltd | 10.5% |
 Coforge Ltd | 7% |
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Amit Ganatra
Fund Manager of Invesco India Large&MidCap Fund Direct Growth, since 21 January 2022
Top funds managed
Pranav Gokhale
Fund Manager of Invesco India Large&MidCap Fund Direct Growth, since 19 May 2020
Top funds managed
Fund House
Invesco Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹97.1K Cr
as on 30-Sep-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
Over the last 1 month, this fund has increased expense ratio by 1.6% moving from 0.63 to 0.64.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.62% return, outperforming this fund by 5.65% per annum.
Over the last 6 months, this fund has experienced a 30.0% growth in AUM moving from 4.99K Cr to 6.49K Cr.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.64% which is lower than the category average expense ratio of 1.19%.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 26.9% return, outperforming this fund by 5.25% per annum.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 60.72% return, outperforming this fund by 6.35%.
Invesco India Large&MidCap 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 19.03% since inception which is more than its category average return of 17.13%
Fund Allocations
This fund has an allocation of 99.07% in Equity, 0% in Debt and 0.93% in Cash related instruments
AUM size ₹6493 Cr
This fund has AUM of ₹6493 Cr which is less than its category average of ₹ 7528 Cr
Expense Ratio 0.64%
This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions for Invesco India Large&MidCap Fund Direct Growth
The current NAV of Invesco India Large&MidCap Fund Direct Growth is ₹108.06 as on 31-Oct-2024.
Existing (Absolute + CAGR) as on 31-Oct-2024.
Invesco India Large&MidCap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.1% | -6.1% |
6 Month Returns | 17.16% | 17.16% |
1 Year Returns | 54.37% | 54.37% |
3 Years Returns | 80.01% | 21.65% |
5 Years Returns | 169.95% | 21.97% |
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.
0.64% as on October 2024
₹6493 Cr as on October 2024
ICICI Bank Ltd(4.81%), Axis Bank Ltd(4.79%), Trent Ltd(4.04%), Cholamandalam Investment and Finance Co Ltd(4.01%), Prestige Estates Projects Ltd(3.7%) as on October 2024
Financial Services(27.46%), Consumer Cyclical(22.31%), Industrial(12.47%) as on October 2024
The alpha ratio for the Invesco India Large&MidCap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Large&MidCap Fund Direct Growth | 12.23 | 3.35 | 1.11 |
As on October 2024
The alpha for Invesco India Large&MidCap Fund Direct Growth is calculated against S&P BSE 200 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 Large&MidCap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Large&MidCap Fund Direct Growth | 0.96 | 0.96 | 0.88 |
As on October 2024
The Beta for Invesco India Large&MidCap Fund Direct Growth is calculated with S&P BSE 200 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 Large&MidCap 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 Large&MidCap Fund Direct Growth | 2.69 | 1.04 | 0.92 |
As on October 2024
The sharpe ratio for Invesco India Large&MidCap Fund Direct Growth is calculated with S&P BSE 200 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 Large&MidCap 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 Large&MidCap Fund Direct Growth | 14.26 | 14.33 | 18.09 |
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.
Sortino ratio is 1.89 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.78 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Amit Ganatra, Pranav Gokhale are the fund managers of Invesco India Large&MidCap Fund Direct Growth
The Exit load of Invesco India Large&MidCap Fund Direct Growth is 1%