Invesco India Multicap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 04-09-2024
₹ 158.86
▲0.2%
1D
Inception Returns
20.6%
/yr
About the Fund
Invesco India Multicap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Pranav Gokhale, Amit Nigam. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Multicap Fund Direct Growth has ₹3736 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Invesco India Multicap Fund Direct Growth has given a CAGR return of 20.62% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 49.06%, 21.32% and 27.11% respectively.
Holdings
Invesco India Multicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Health, Consumer Cyclical, Consumer Defensive, Basic Materials, Communication, Real Estate, Utilities. Its top holdings are ICICI Bank Ltd, REC Ltd, Infosys Ltd, Tata Consultancy Services Ltd, Tata Consumer Products Ltd
Taxation
As it is a multi-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 Multicap Fund Direct Growth
To generate capital appreciation by investing predominantly in Equity and Equity Related Instruments across market capitalization.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Invesco India Multicap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
990 people have invested ₹ 74.8L in Invesco India Multicap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
5
/6
28% Performance
39% Risk Management
81% Cost
5 out of 6 among multi-cap
Beats FD returns for both 3Y & 5Y
Does not beat the benchmark consistently
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 0.66% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹3736 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 67.34% |
| 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 (04-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
39.4%
Mid cap
29%
Small cap
25.7%
Sector Allocation
Financial Services
28.5%
Industrial
18.5%
Tech
10.9%
Health
10.1%
Consumer Cyclical
9.8%
Consumer Defensive
8.9%
Basic Materials
8.2%
Communication
2%
Real Estate
1.9%
Utilities
1.2%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 4.19% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 0.66% in Jul'24
- AUM of the fund stands at 3.7K Cr as of Jul'24
- AUM increased by 113.4 Cr between Jul'24 and Jun'24
Top Stocks bought last month
REC Ltd's allocation increased from 1.19% to 3.37%
Infosys Ltd's allocation increased from 2.1% to 2.69%
ICICI Bank Ltd's allocation increased from 4.76% to 5.23%
Top Stocks sold last month
Jio Financial Services Ltd's allocation decreased from 2.56 % to 2.28 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 2.09 % to 2.01 %
Century Textiles & Industries Ltd's allocation decreased from 2.22 % to 2 %
Mid Cap allocation has gone down from 29.7% to 28.4%
Cash allocation has gone down from 2.1% to 1%
Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical
Jul'24
Financial Services
28%
Industrial
19%
Tech
11%
Jun'24
Financial Services
28%
Industrial
18%
Consumer Cyclical
11%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 33.7% |
 Safari Industries (India) Ltd | 21.2% |
PB Fintech Ltd | 18.7% |
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Pranav Gokhale
Fund Manager of Invesco India Multicap Fund Direct Growth, since 29 March 2018
Top funds managed
Amit Nigam
Fund Manager of Invesco India Multicap Fund Direct Growth, since 3 September 2020
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
This fund expense ratio is slightly on the lower side within the category (multi-cap). Its expense ratio is 0.66% which is lower than the category average expense ratio of 1.19%.
Over the last 1 year, this fund has increased expense ratio by 1.5% moving from 0.65 to 0.66.
In the last 3 years, Nippon India Multi Cap Fund - Direct Plan - Growth has given 29.82% return, outperforming this fund by 8.5% per annum.
Over the last 6 months, this fund has experienced a 19.3% growth in AUM moving from 3.13K Cr to 3.73K Cr.
In the last 1 year, HSBC Multi Cap Fund Direct Growth has given 56.36% return, outperforming this fund by 7.3%.
In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 35.69% return, outperforming this fund by 8.59% per annum.
Invesco India Multicap 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 20.62% since inception which is more than its category average return of 18.58%
Fund Allocations
This fund has an allocation of 98.97% in Equity, 0% in Debt and 1.03% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 3829 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.22%
Frequently Asked Questions
The current NAV of Invesco India Multicap Fund Direct Growth is ₹158.86 as on 04-Sep-2024.
Existing (Absolute + CAGR) as on 04-Sep-2024.
Invesco India Multicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6% | 6% |
6 Month Returns | 24.34% | 24.34% |
1 Year Returns | 49.06% | 49.06% |
3 Years Returns | 78.55% | 21.32% |
5 Years Returns | 231.77% | 27.11% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.66% as on August 2024
₹3736 Cr as on August 2024
ICICI Bank Ltd(5.23%), REC Ltd(3.37%), Infosys Ltd(2.69%), Tata Consultancy Services Ltd(2.62%), Tata Consumer Products Ltd(2.43%) as on August 2024
Financial Services(28.18%), Industrial(18.32%), Tech(10.75%) as on August 2024
The alpha ratio for the Invesco India Multicap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Multicap Fund Direct Growth | 7.41 | 1.19 | 1.4 |
As on August 2024
The alpha for Invesco India Multicap Fund Direct Growth is calculated against S&P BSE 500 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 Multicap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Multicap Fund Direct Growth | 0.87 | 0.9 | 0.93 |
As on August 2024
The Beta for Invesco India Multicap Fund Direct Growth is calculated with S&P BSE 500 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 Multicap 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 Multicap Fund Direct Growth | 3.1 | 1.16 | 1.07 |
As on August 2024
The sharpe ratio for Invesco India Multicap Fund Direct Growth is calculated with S&P BSE 500 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 Multicap 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 Multicap Fund Direct Growth | 11.2 | 13.11 | 19.34 |
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 2.16 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Pranav Gokhale, Amit Nigam are the fund managers of Invesco India Multicap Fund Direct Growth
The Exit load of Invesco India Multicap Fund Direct Growth is 1%