Invesco India Large&MidCap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 23-12-2024
₹ 113.48
1D
Inception Returns
19.3%
/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, Aditya Khemani. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Large&MidCap Fund Direct Growth has ₹6340 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Invesco India Large&MidCap Fund Direct Growth has given a CAGR return of 19.28% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.87%, 25.63% and 23.10% respectively.
Holdings
Invesco India Large&MidCap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Industrial, Tech, Real Estate, Basic Materials, Communication, Consumer Defensive. Its top holdings are Trent Ltd, InterGlobe Aviation Ltd, ICICI Bank Ltd, Prestige Estates Projects Ltd, The Federal Bank 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
▲
▼
2626 people have invested ₹ 2.6Cr 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
4
/21
77% Performance
44% Risk Management
73% Cost
4 out of 21 among large & mid-cap
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Poor track record of protecting capital in bear phase
Invesco India Large&MidCap Fund Direct Growth Overview
| Expense ratio | 0.66% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹6340 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 72.44% |
| STCG | Selling mutual fund 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 (23-Dec-24)
Fund Distribution
as on (30-Nov-24)
Mid cap
44.2%
Large cap
35.5%
Small cap
14%
Sector Allocation
Financial Services
27.8%
Consumer Cyclical
23%
Health
12%
Industrial
10.9%
Tech
10.4%
Real Estate
7.8%
Basic Materials
4.7%
Communication
2%
Consumer Defensive
1.4%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 2.13% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.60% as on Nov'24
- This fund outperformed NIFTY 500 by 2.73% in Nov'24
- AUM of the fund stands at 6.1K Cr as of Nov'24
- AUM decreased by 344.7 Cr between Nov'24 and Oct'24
Top Stocks bought last month
InterGlobe Aviation Ltd's allocation increased from 2.64% to 3.58%
Trent Ltd's allocation increased from 4.01% to 4.51%
Bansal Wire Industries Ltd's allocation increased from 0.86% to 1.2%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 4.16 % to 3.44 %
Prestige Estates Projects Ltd's allocation decreased from 3.47 % to 3.39 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 3.35 % to 3.15 %
Small Cap allocation has gone up from 11.7% to 14%
Mid Cap allocation has gone down from 47.6% to 44.2%
Large Cap allocation has gone down from 37.6% to 35.5%
Cash allocation has gone up from 0.3% to 1.5%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Industrial
Nov'24
Financial Services
28%
Consumer Cyclical
23%
Health
12%
Oct'24
Financial Services
28%
Consumer Cyclical
22%
Industrial
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Dixon Technologies (India) Ltd | 22.7% |
 Coforge Ltd | 17.6% |
 Zomato Ltd | 8.1% |
Loading...
We are taking more time than usual
Amit Ganatra
Fund Manager of Invesco India Large&MidCap Fund Direct Growth, since 21 January 2022
Top funds managed
Aditya Khemani
Fund Manager of Invesco India Large&MidCap Fund Direct Growth, since 9 November 2023
Top funds managed
Fund House
Invesco Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.08L Cr
as on 29-Nov-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
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.66% which is lower than the category average expense ratio of 1.2%.
Over the last 6 months, this fund has experienced a 20.1% growth in AUM moving from 5.28K Cr to 6.34K Cr.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 31.21% return, outperforming this fund by 5.57% per annum.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 28.84% return, outperforming this fund by 5.74% per annum.
Over the last 3 months, this fund has increased expense ratio by 4.8% moving from 0.63 to 0.66.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 51.52% return, outperforming this fund by 7.64%.
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 19.28% since inception which is more than its category average return of 16.49%
Fund Allocations
This fund has an allocation of 98.53% in Equity, 0% in Debt and 1.47% in Cash related instruments
AUM size ₹6340 Cr
This fund has AUM of ₹6340 Cr which is less than its category average of ₹ 7358 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for Invesco India Large&MidCap Fund Direct Growth
The current NAV of Invesco India Large&MidCap Fund Direct Growth is ₹113.48 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
Invesco India Large&MidCap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.74% | 6.74% |
6 Month Returns | 10.49% | 10.49% |
1 Year Returns | 43.87% | 43.87% |
3 Years Returns | 98.3% | 25.63% |
5 Years Returns | 182.73% | 23.1% |
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.
0.66% as on November 2024
₹6340 Cr as on November 2024
Trent Ltd(4.51%), InterGlobe Aviation Ltd(3.58%), ICICI Bank Ltd(3.44%), Prestige Estates Projects Ltd(3.39%), The Federal Bank Ltd(3.34%) as on November 2024
Financial Services(27.38%), Consumer Cyclical(22.67%), Health(11.81%) as on November 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 | 13.26 | 4.56 | 1.87 |
As on November 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 | 0.92 | 0.95 | 0.88 |
As on November 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 | 2.4 | 1.19 | 0.94 |
As on November 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 | 12.93 | 14.01 | 18.07 |
As on November 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 2.2 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.06 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Amit Ganatra, Aditya Khemani 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%