Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth
Equity
Direct
Global - Other
NAV as on 26-11-2024
₹ 29.05
▲0.6%
1D
Inception Returns
10.6%
/yr
About Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth
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
- Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth has ₹25 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- 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 10.62% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.43%, 14.61% and 14.64% 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, Health, Consumer Cyclical, 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 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 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
▲
▼
1138 people have invested ₹ 77.5L in Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth in the last three months
INDmoney Rank for Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth
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Beats FD returns for both 3Y & 5Y duration
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Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth Overview
| Expense ratio | 0.86% |
Benchmark | MSCI World NR LCL |
| AUM | ₹25 Cr |
| Inception Date | 5 May, 2014 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 6.14% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (26-Nov-24)
Fund Distribution
as on (31-Dec-69)
Sector Allocation
Financial Services
21.2%
Tech
18.6%
Industrial
18.4%
Health
10.9%
Consumer Cyclical
9.5%
Consumer Defensive
7.6%
Real Estate
5.3%
Communication
3.5%
Basic Materials
3.2%
Energy
1.9%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Invesco Global Equity Income C USD Acc | 96.91% | 3.1% |
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Amit Nigam
Fund Manager of Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth, since 9 July 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
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 19.8% growth in AUM moving from 20.45 Cr to 24.51 Cr.
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 23.79% return, outperforming this fund by 9.15% per annum.
This fund has one of the lowest expense ratio in the category (global - other). Its expense ratio is 0.86% which is lower than the category average expense ratio of 1.06%.
In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 23.14% return, outperforming this fund by 8.53% per annum.
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 57.17% return, outperforming this fund by 32.74%.
Invesco India Invesco Global Equity Income Fund of Fund Dir 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 10.62% since inception which is more than its category average return of 8.68%
Fund Allocations
This fund has an allocation of 90.77% in Equity, 0% in Debt and 3.37% in Cash related instruments
AUM size ₹25 Cr
This fund has AUM of ₹25 Cr which is less than its category average of ₹ 521 Cr
Expense Ratio 0.86%
This fund has an expense ratio of 0.86% which is less than its category average expense ratio of 1.44%
Frequently Asked Questions for Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth
The current NAV of Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth is ₹29.05 as on 26-Nov-2024.
Existing (Absolute + CAGR) as on 26-Nov-2024.
Invesco India Invesco Global Equity Income Fund of Fund Dir Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.14% | 0.14% |
6 Month Returns | 9.23% | 9.23% |
1 Year Returns | 24.43% | 24.43% |
3 Years Returns | 50.53% | 14.61% |
5 Years Returns | 98% | 14.64% |
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0.86% as on October 2024
₹25 Cr as on October 2024
Financial Services(19.21%), Tech(16.88%), Industrial(16.67%) as on October 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 October 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 October 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 | 2.11 | 0.51 | 0.61 |
As on October 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 | 11.26 | 15.56 | 17.42 |
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 0.79 as on October 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%