Invesco India Mid Cap Fund Direct Growth
Equity
Direct
Mid-Cap
NAV as on 24-03-2025
₹ 183.96
▲1.5%
1D
Inception Returns
21.1%
/yr
About Invesco India Mid Cap Fund Direct Growth
Invesco India Mid Cap 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 Mid Cap Fund Direct Growth has ₹5247 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Invesco India Mid Cap Fund Direct Growth has given a CAGR return of 21.10% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.91%, 23.70% and 31.16% respectively.
Holdings
Invesco India Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Tech, Basic Materials, Industrial, Real Estate, Communication. Its top holdings are L&T Finance Ltd, The Federal Bank Ltd, Max Healthcare Institute Ltd Ordinary Shares, Dixon Technologies (India) Ltd, BSE Ltd
Taxation
As it is a mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Invesco India Mid Cap Fund Direct Growth
To generate capital appreciation by investing predominantly in Midcap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Invesco India Mid Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
▲
▼
5190 people have invested ₹ 9.5Cr in Invesco India Mid Cap Fund Direct Growth in the last three months
INDmoney Rank for Invesco India Mid Cap Fund Direct Growth
Powered by IND quant engine
4
/19
76% Performance
52% Risk Management
79% Cost
4 out of 19 among mid-cap
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 Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.65% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹5247 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 86.73% |
| 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-Mar-25)
Fund Distribution
as on (31-Jan-25)
Mid cap
64.7%
Small cap
20.1%
Large cap
13.1%
Sector Allocation
Financial Services
23.7%
Consumer Cyclical
19.9%
Health
18.1%
Tech
10.2%
Basic Materials
9.8%
Industrial
9.5%
Real Estate
7.1%
Communication
1.8%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 5.2K Cr as of Feb'25
- AUM decreased by 286.3 Cr between Feb'25 and Jan'25
Top Stocks bought last month
L&T Finance Ltd's allocation increased from 2.97% to 4.34%
JK Cement Ltd's allocation increased from 2.81% to 3.69%
Max Financial Services Ltd's allocation increased from 2.51% to 3.33%
Top Stocks sold last month
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 4.12 %
Trent Ltd's allocation decreased from 4.21 % to 3.7 %
Coforge Ltd's allocation decreased from 3.69 % to 3.44 %
Small Cap allocation has gone down from 20.9% to 20.1%
Mid Cap allocation has gone down from 64.8% to 64.7%
Large Cap allocation has gone up from 12.6% to 13.1%
Cash allocation has gone down from 0.7% to 0.4%
Top 3 Sectors in February were Financial Services, Consumer Cyclical & Health
Feb'25
Financial Services
24%
Consumer Cyclical
20%
Health
18%
Jan'25
Financial Services
23%
Consumer Cyclical
21%
Health
16%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Cholamandalam Investment & Finance Company Ltd | 11.7% |
 Jindal Steel & Power Ltd | 6% |
 Global Health Ltd | 4.7% |
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Aditya Khemani
Fund Manager of Invesco India Mid Cap Fund Direct Growth, since 9 November 2023
Top funds managed
Amit Ganatra
Fund Manager of Invesco India Mid Cap Fund Direct Growth, since 1 September 2023
Top funds managed
Fund House
Invesco Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.09L Cr
as on 31-Jan-2025
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 expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.65% which is lower than the category average expense ratio of 1.18%.
Over the last 6 months, this fund has experienced a 14.7% drop in AUM moving from 6.14K Cr to 5.24K Cr.
Over the last 1 month, this fund has increased expense ratio by 12.1% moving from 0.58 to 0.65.
In the last 1 year, this fund has outperformed all funds in its category.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 38.45% return, outperforming this fund by 7.29% per annum.
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 29.75% return, outperforming this fund by 6.05% per annum.
Invesco India Mid Cap 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 21.1% since inception which is more than its category average return of 18.71%
Fund Allocations
This fund has an allocation of 99.65% in Equity, 0% in Debt and 0.35% in Cash related instruments
AUM size ₹5247 Cr
This fund has AUM of ₹5247 Cr which is less than its category average of ₹ 10864 Cr
Expense Ratio 0.65%
This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions for Invesco India Mid Cap Fund Direct Growth
The current NAV of Invesco India Mid Cap Fund Direct Growth is ₹183.96 as on 24-Mar-2025.
Existing (Absolute + CAGR) as on 24-Mar-2025.
Invesco India Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.59% | 3.59% |
6 Month Returns | -11.28% | -11.28% |
1 Year Returns | 24.91% | 24.91% |
3 Years Returns | 89.27% | 23.7% |
5 Years Returns | 288.1% | 31.16% |
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.
0.65% as on February 2025
₹5247 Cr as on February 2025
L&T Finance Ltd(4.33%), The Federal Bank Ltd(4.23%), Max Healthcare Institute Ltd Ordinary Shares(4.19%), Dixon Technologies (India) Ltd(4.13%), BSE Ltd(3.86%) as on February 2025
Financial Services(23.61%), Consumer Cyclical(19.8%), Health(18.02%) as on February 2025
The alpha ratio for the Invesco India Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Mid Cap Fund Direct Growth | 12.86 | 2.81 | 2.24 |
As on February 2025
The alpha for Invesco India Mid Cap Fund Direct Growth is calculated against S&P BSE Midcap 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 Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Mid Cap Fund Direct Growth | 1.03 | 0.89 | 0.89 |
As on February 2025
The Beta for Invesco India Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid Cap 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 Mid Cap Fund Direct Growth | 0.31 | 0.88 | 0.89 |
As on February 2025
The sharpe ratio for Invesco India Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid Cap 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 Mid Cap Fund Direct Growth | 21.79 | 16.64 | 20.43 |
As on February 2025
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 1.4 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.3 as on February 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Aditya Khemani, Amit Ganatra are the fund managers of Invesco India Mid Cap Fund Direct Growth
The Exit load of Invesco India Mid Cap Fund Direct Growth is 1%