Invesco India Large&MidCap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 24-01-2025
₹ 103.01
1D
Inception Returns
18.2%
/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 Aditya Khemani, Amit Ganatra. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Large&MidCap Fund Direct Growth has ₹6712 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 18.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.09%, 20.64% and 20.03% 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, Dixon Technologies (India) Ltd, Max Healthcare Institute Ltd Ordinary Shares, 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
Absolute
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2715 people have invested ₹ 2.9Cr 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
78% Performance
46% Risk Management
71% Cost
4 out of 21 among large & mid-cap
Outperformed benchmarks during bull run
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Invesco India Large&MidCap Fund Direct Growth Overview
| Expense ratio | 0.66% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹6712 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 (24-Jan-25)
Fund Distribution
as on (30-Nov-24)
Mid cap
42.9%
Large cap
32.7%
Small cap
13%
Sector Allocation
Financial Services
25.9%
Consumer Cyclical
23.6%
Health
14.6%
Industrial
10.8%
Tech
9.9%
Real Estate
7.4%
Basic Materials
4.6%
Communication
1.9%
Consumer Defensive
1.2%
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 6.3K Cr as of Dec'24
- AUM increased by 191.4 Cr between Dec'24 and Nov'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 %
Mid Cap allocation has gone down from 44.2% to 42.9%
Large Cap allocation has gone down from 35.5% to 32.7%
Small Cap allocation has gone down from 14% to 13%
Cash allocation has gone up from 1.5% to 4.2%
Top 3 Sectors in December were Financial Services, Consumer Cyclical & Health
Dec'24
Financial Services
26%
Consumer Cyclical
24%
Health
15%
Nov'24
Financial Services
28%
Consumer Cyclical
23%
Health
12%
See all
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Aditya Khemani
Fund Manager of Invesco India Large&MidCap Fund Direct Growth, since 9 November 2023
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
₹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
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.48% return, outperforming this fund by 3.39%.
Over the last 6 months, this fund has experienced a 14.9% growth in AUM moving from 5.84K Cr to 6.71K Cr.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 25.1% return, outperforming this fund by 5.07% per annum.
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%.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 23.6% return, outperforming this fund by 2.96% per annum.
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 18.16% since inception which is more than its category average return of 14.78%
Fund Allocations
This fund has an allocation of 95.77% in Equity, 0% in Debt and 4.23% in Cash related instruments
AUM size ₹6712 Cr
This fund has AUM of ₹6712 Cr which is less than its category average of ₹ 7466 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions for Invesco India Large&MidCap Fund Direct Growth
The current NAV of Invesco India Large&MidCap Fund Direct Growth is ₹103.01 as on 24-Jan-2025.
Existing (Absolute + CAGR) as on 24-Jan-2025.
Invesco India Large&MidCap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -9.43% | -9.43% |
6 Month Returns | -2.34% | -2.34% |
1 Year Returns | 24.09% | 24.09% |
3 Years Returns | 75.58% | 20.64% |
5 Years Returns | 149.12% | 20.03% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.66% as on December 2024
₹6712 Cr as on December 2024
Trent Ltd(4.47%), InterGlobe Aviation Ltd(3.89%), Dixon Technologies (India) Ltd(3.48%), Max Healthcare Institute Ltd Ordinary Shares(3.35%), Prestige Estates Projects Ltd(3.29%) as on December 2024
Financial Services(24.81%), Consumer Cyclical(22.65%), Health(13.99%) as on December 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 | 16.33 | 5.05 | 2.49 |
As on December 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 | 1 | 0.94 | 0.87 |
As on December 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 | 2.19 | 1.15 | 0.96 |
As on December 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 | 12.51 | 13.94 | 18.06 |
As on December 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 2.1 as on December 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.12 as on December 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Aditya Khemani, 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%