Invesco India Multicap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 21-11-2024
₹ 151.31
Inception Returns
19.7%
/yr
About Invesco India Multicap Fund Direct Growth
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 ₹3810 Cr worth of assets under management (AUM) as on Oct 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 19.73% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 33.54%, 17.78% and 23.52% respectively.
Holdings
Invesco India Multicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Basic Materials, Consumer Defensive, Real Estate, Communication. Its top holdings are ICICI Bank Ltd, Infosys Ltd, Trent Ltd, Cholamandalam Investment and Finance Co Ltd, Coforge 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
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1409 people have invested ₹ 1.4Cr in Invesco India Multicap Fund Direct Growth in the last three months
INDmoney Rank for Invesco India Multicap Fund Direct Growth
Powered by IND quant engine
5
/7
43% Performance
37% Risk Management
50% Cost
5 out of 7 among multi-cap
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Invesco India Multicap Fund Direct Growth Overview
| Expense ratio | 0.66% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹3810 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 (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
33.6%
Small cap
31.4%
Mid cap
31.3%
Sector Allocation
Financial Services
20.9%
Industrial
18.4%
Consumer Cyclical
14.9%
Tech
12.7%
Health
11.8%
Basic Materials
8.6%
Consumer Defensive
7.8%
Real Estate
3%
Communication
1.9%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -4.40% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 2.12% in Oct'24
- AUM of the fund stands at 3.8K Cr as of Oct'24
- AUM decreased by 151.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 3.72% to 4.59%
BSE Ltd's allocation increased from 1.09% to 1.56%
Poly Medicure Ltd's allocation increased from 1% to 1.43%
Top Stocks sold last month
Trent Ltd's allocation decreased from 3 % to 2.97 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 2.39 % to 2.15 %
Tata Consumer Products Ltd's allocation decreased from 2.51 % to 2.03 %
Cash allocation has gone up from 1.8% to 2.2%
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
Oct'24
Financial Services
21%
Industrial
18%
Consumer Cyclical
15%
Sep'24
Financial Services
21%
Industrial
18%
Consumer Cyclical
15%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Transformers & Rectifiers India Ltd | 15.2% |
 BSE Ltd | 9.1% |
 Poly Medicure Ltd | 6.4% |
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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
₹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
Over the last 1 year, this fund has decreased expense ratio by 7.0% moving from 0.71 to 0.66.
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 1.2%.
In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 27.87% return, outperforming this fund by 4.35% per annum.
Over the last 1 month, this fund has experienced a 3.8% drop in AUM moving from 3.96K Cr to 3.81K Cr.
In the last 1 year, Axis Multicap Fund Direct Growth has given 38.67% return, outperforming this fund by 5.14%.
In the last 3 years, Nippon India Multi Cap Fund - Direct Plan - Growth has given 24.35% return, outperforming this fund by 6.57% 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 19.73% since inception which is more than its category average return of 14.85%
Fund Allocations
This fund has an allocation of 97.84% in Equity, 0% in Debt and 2.16% in Cash related instruments
AUM size ₹3810 Cr
This fund has AUM of ₹3810 Cr which is less than its category average of ₹ 3848 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions for Invesco India Multicap Fund Direct Growth
The current NAV of Invesco India Multicap Fund Direct Growth is ₹151.31 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
Invesco India Multicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.99% | -4.99% |
6 Month Returns | 11.61% | 11.61% |
1 Year Returns | 33.54% | 33.54% |
3 Years Returns | 63.38% | 17.78% |
5 Years Returns | 187.5% | 23.52% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.66% as on October 2024
₹3810 Cr as on October 2024
ICICI Bank Ltd(5.17%), Infosys Ltd(4.59%), Trent Ltd(2.97%), Cholamandalam Investment and Finance Co Ltd(2.15%), Coforge Ltd(2.07%) as on October 2024
Financial Services(20.42%), Industrial(17.96%), Consumer Cyclical(14.6%) as on October 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 | 8.4 | 1.62 | 1.66 |
As on October 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 | 0.86 | 0.9 | 0.93 |
As on October 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 | 2.56 | 0.95 | 0.96 |
As on October 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 | 12.64 | 13.57 | 19.5 |
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 1.69 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.17 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
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%