Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth

Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth

Equity

Direct

Global - Other

NAV as on 04-09-2024

₹ 28.09

-0.5%

1D

Inception Returns

10.6%

/yr

About the Fund

Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth is an equity fund. This fund was started on 5 May, 2014. The fund is managed by Amit Nigam. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth has ₹22 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth has given a CAGR return of 10.64% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.50%, 14.47% and 16.33% respectively.

Holdings

Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Consumer Cyclical, Health, Consumer Defensive, Real Estate, Communication, Basic Materials, Energy, Derivatives. Its top holdings are Invesco Global Equity Income C USD Acc

Taxation

As it is a global - other 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth

To provide capital appreciation and/or income by investing predominantly in units of Invesco Global Equity Income Fund, an overseas equity fund which invests primarily in equities of companies worldwide. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
442 people have invested ₹ 32.9L in Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth in the last three months

INDmoney Rank

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Fund Overview

Expense ratio0.86%
Benchmark
MSCI World NR LCL
AUM₹22 Cr
Inception Date5 May, 2014
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
6.14%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at 12.5% without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (04-Sep-24)

Period
Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth
Global - Other Index
1M
6%
-
3M
6.9%
-
6M
12.1%
-
1Y
23.5%
-
3Y
14.5%
-
5Y
16.3%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 90%

  • Debt & Cash 3.8%

Sector Allocation

Jul'24

Jun'24

May'24

Financial Services
21.3%
Tech
18%
Industrial
16.1%
Consumer Cyclical
11.5%
Health
8.9%
Consumer Defensive
8.1%
Real Estate
5.7%
Communication
4.6%
Basic Materials
3.3%
Energy
2.6%
  • Debt & Cash

Holdings
Weight%
1M Change
Invesco Global Equity Income C USD Acc
Invesco Global Equity Income C USD Acc
96.74%
0%
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Amit Nigam
Amit Nigam
Fund Manager of Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth, since 9 July 2022
Fund House
Invesco Asset Management (India) Private Ltd
Total AUM
₹64.87K Cr
as on 31-Jul-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

Insights icon
This fund expense ratio is slightly on the lower side within the category (global - other). Its expense ratio is 0.86% which is lower than the category average expense ratio of 1.01%.
Insights icon
Over the last 1 month, this fund has experienced a 2.9% growth in AUM moving from 21.36 Cr to 21.99 Cr.
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In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 23.56% return, outperforming this fund by 7.22% per annum.
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In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 20.34% return, outperforming this fund by 5.87% per annum.
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In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 46.79% return, outperforming this fund by 23.29%.

Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.64% since inception which is more than its category average return of 8.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 89.95% in Equity, 0% in Debt and 3.76% in Cash related instruments
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 507 Cr
Expense Ratio 0.86%

Expense Ratio 0.86%

This fund has an expense ratio of 0.86% which is less than its category average expense ratio of 1.39%

Frequently Asked Questions

The current NAV of Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth is ₹28.09 as on 04-Sep-2024.
Existing (Absolute + CAGR) as on 04-Sep-2024.
Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.98%
5.98%
6 Month Returns
12.1%
12.1%
1 Year Returns
23.5%
23.5%
3 Years Returns
50.01%
14.47%
5 Years Returns
113.08%
16.33%
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0.86% as on August 2024
₹22 Cr as on August 2024
Financial Services(19.16%), Tech(16.19%), Industrial(14.45%) as on August 2024
The alpha ratio for the Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth
-
-
-
As on August 2024
The alpha for Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth is calculated against MSCI World NR LCL. 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 Invesco Global Equity Income Fund of Fund Dir Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth
-
-
-
As on August 2024
The Beta for Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth is calculated with MSCI World NR LCL. 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 Invesco Global Equity Income Fund of Fund Dir Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth
1.17
0.6
0.68
As on August 2024
The sharpe ratio for Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth is calculated with MSCI World NR LCL. 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 Invesco Global Equity Income Fund of Fund Dir Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth
13.55
15.94
17.42
As on August 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 0.96 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Amit Nigam is the fund manager of Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth
The Exit load of Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth is 1%