Invesco India Large&MidCap Fund Direct Growth
Equity
Direct
Large & Mid- Cap
NAV as on 06-09-2024
₹ 109.98
1D
Inception Returns
19.5%
/yr
About the Fund
Invesco India Large&MidCap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Pranav Gokhale, Amit Ganatra. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Large&MidCap Fund Direct Growth has ₹6014 Cr worth of assets under management (AUM) as on Jul 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 19.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 54.95%, 23.15% and 24.96% respectively.
Holdings
Invesco India Large&MidCap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Real Estate, Basic Materials, Consumer Defensive, Communication. Its top holdings are ICICI Bank Ltd, Axis Bank Ltd, Cholamandalam Investment and Finance Co Ltd, Trent 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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1882 people have invested ₹ 1.6Cr in Invesco India Large&MidCap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
8
/21
64% Performance
50% Risk Management
72% Cost
8 out of 21 among large & mid-cap
Lower probablity of downside risk
Recovers losses quickly
3Y returns in the top 25% of the category
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.63% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹6014 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 (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Mid cap
43.8%
Large cap
43.3%
Small cap
10.8%
Sector Allocation
Financial Services
28.4%
Consumer Cyclical
22.3%
Industrial
13.7%
Health
10.4%
Tech
7.4%
Real Estate
7%
Basic Materials
6.2%
Consumer Defensive
2.4%
Communication
2%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 3.43% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund underperformed Nifty 500 by 0.10% in Jul'24
- AUM of the fund stands at 5.8K Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top Stocks bought last month
Zomato Ltd's allocation increased from 2.36% to 3.07%
ABB India Ltd's allocation increased from 1.46% to 2.07%
HDFC Asset Management Co Ltd's allocation increased from 0.95% to 1.48%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 5.14 % to 4.58 %
Axis Bank Ltd's allocation decreased from 5.04 % to 4.51 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 4.34 % to 3.97 %
Mid Cap allocation has gone down from 45.6% to 44.5%
Cash allocation has gone up from 0.5% to 0.8%
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial
Jul'24
Financial Services
28%
Consumer Cyclical
22%
Industrial
14%
Jun'24
Financial Services
30%
Consumer Cyclical
22%
Industrial
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 37.3% |
 Mankind Pharma Ltd | 21.8% |
 Glenmark Pharmaceuticals Ltd | 19.9% |
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Pranav Gokhale
Fund Manager of Invesco India Large&MidCap Fund Direct Growth, since 19 May 2020
Top funds managed
Amit Ganatra
Fund Manager of Invesco India Large&MidCap Fund Direct Growth, since 21 January 2022
Top funds managed
Fund House
Invesco Asset Management (India) Private Ltd
Total Schemes
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
Over the last 1 month, this fund has decreased expense ratio by 6.0% moving from 0.67 to 0.63.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.22% return, outperforming this fund by 6.26% per annum.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 56.79% return, outperforming this fund by 1.84%.
Over the last 6 months, this fund has experienced a 25.6% growth in AUM moving from 4.78K Cr to 6.01K Cr.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 28.52% return, outperforming this fund by 5.37% per annum.
This fund has one of the lowest expense ratio in the category (large & mid- cap). Its expense ratio is 0.63% which is lower than the category average expense ratio of 1.19%.
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 19.48% since inception which is more than its category average return of 18.55%
Fund Allocations
This fund has an allocation of 99.21% in Equity, 0% in Debt and 0.79% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 7697 Cr
Expense Ratio 0.63%
This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of Invesco India Large&MidCap Fund Direct Growth is ₹109.98 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
Invesco India Large&MidCap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.1% | 8.1% |
6 Month Returns | 25.73% | 25.73% |
1 Year Returns | 54.95% | 54.95% |
3 Years Returns | 86.79% | 23.15% |
5 Years Returns | 204.74% | 24.96% |
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.
0.63% as on August 2024
₹6014 Cr as on August 2024
ICICI Bank Ltd(4.58%), Axis Bank Ltd(4.51%), Cholamandalam Investment and Finance Co Ltd(3.97%), Trent Ltd(3.76%), Prestige Estates Projects Ltd(3.74%) as on August 2024
Financial Services(28.22%), Consumer Cyclical(22.17%), Industrial(13.61%) as on August 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 | 13.91 | 2.57 | 1.22 |
As on August 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 | 0.86 | 0.95 | 0.88 |
As on August 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 | 3.58 | 1.27 | 1.06 |
As on August 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 | 11.27 | 13.51 | 17.8 |
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 2.5 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.51 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Pranav Gokhale, Amit Ganatra 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%