Invesco India Large&MidCap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 22-11-2024
₹ 107.46
1D
Inception Returns
18.8%
/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 ₹6149 Cr worth of assets under management (AUM) as on Oct 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 18.75% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.01%, 20.76% and 21.73% 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, Communication, Consumer Defensive. Its top holdings are ICICI Bank Ltd, Trent Ltd, Prestige Estates Projects Ltd, Axis Bank Ltd, Cholamandalam Investment and Finance Co 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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2532 people have invested ₹ 3.1Cr 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
10
/21
74% Performance
40% Risk Management
74% Cost
10 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
Poor track record of Recovering losses quickly
Invesco India Large&MidCap Fund Direct Growth Overview
| Expense ratio | 0.64% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹6149 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 (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
Mid cap
47.7%
Large cap
37.5%
Small cap
12.2%
Sector Allocation
Financial Services
28.4%
Consumer Cyclical
22.3%
Industrial
11.9%
Health
11%
Tech
9.7%
Real Estate
7.6%
Basic Materials
5.8%
Communication
2%
Consumer Defensive
1.4%
All changes are between Aug'24 and Oct'24
- AUM of the fund stands at 6.5K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
Sonata Software Ltd's allocation increased from 0.61% to 1.62%
BSE Ltd's allocation increased from 2.14% to 2.74%
Mankind Pharma Ltd's allocation increased from 2.84% to 3.17%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 4.81 % to 4.16 %
Trent Ltd's allocation decreased from 4.04 % to 4.01 %
Prestige Estates Projects Ltd's allocation decreased from 3.7 % to 3.47 %
Cash allocation has gone down from 0.9% to 0.3%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
Oct'24
Financial Services
28%
Consumer Cyclical
22%
Industrial
12%
Sep'24
Financial Services
28%
Consumer Cyclical
23%
Industrial
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Coforge Ltd | 18.9% |
 BSE Ltd | 9.1% |
 Global Health Ltd | 4.2% |
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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
₹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
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 1.2%.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 25.27% return, outperforming this fund by 4.51% per annum.
Over the last 1 month, this fund has experienced a 5.3% drop in AUM moving from 6.49K Cr to 6.14K Cr.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 48.07% return, outperforming this fund by 7.06%.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 27% return, outperforming this fund by 5.27% per annum.
Over the last 6 months, this fund has decreased expense ratio by 7.2% moving from 0.69 to 0.64.
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 18.75% since inception which is more than its category average return of 15.83%
Fund Allocations
This fund has an allocation of 99.7% in Equity, 0% in Debt and 0.3% in Cash related instruments
AUM size ₹6149 Cr
This fund has AUM of ₹6149 Cr which is less than its category average of ₹ 7239 Cr
Expense Ratio 0.64%
This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for Invesco India Large&MidCap Fund Direct Growth
The current NAV of Invesco India Large&MidCap Fund Direct Growth is ₹107.46 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
Invesco India Large&MidCap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.65% | -4.65% |
6 Month Returns | 12.77% | 12.77% |
1 Year Returns | 41.01% | 41.01% |
3 Years Returns | 76.09% | 20.76% |
5 Years Returns | 167.25% | 21.73% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Select your bank account and proceed with Payment.
0.64% as on October 2024
₹6149 Cr as on October 2024
ICICI Bank Ltd(4.16%), Trent Ltd(4.01%), Prestige Estates Projects Ltd(3.47%), Axis Bank Ltd(3.45%), Cholamandalam Investment and Finance Co Ltd(3.35%) as on October 2024
Financial Services(28.3%), Consumer Cyclical(22.28%), Industrial(11.82%) 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%