Invesco India PSU Equity Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 04-09-2024
₹ 79.97
▲0.5%
1D
Inception Returns
19.2%
/yr
About the Fund
Invesco India PSU Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dhimant Kothari. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India PSU Equity Fund Direct Growth has ₹1663 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
Invesco India PSU Equity Fund Direct Growth has given a CAGR return of 19.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 84.77%, 39.68% and 35.17% respectively.
Holdings
Invesco India PSU Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Utilities, Energy. Its top holdings are NTPC Ltd, Power Grid Corp Of India Ltd, State Bank of India, Bharat Electronics Ltd, Hindustan Aeronautics Ltd Ordinary Shares
Taxation
As it is a equity - other 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 PSU Equity Fund Direct Growth
To generate capital appreciation by investing in Equity and Equity Related Instruments of companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Invesco India PSU Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
11628 people have invested ₹ 16.9Cr in Invesco India PSU Equity Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.77% |
Benchmark | S&P BSE PSU TR INR |
| AUM | ₹1663 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 41.83% |
| 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
65.1%
Mid cap
21.7%
Small cap
10.7%
Sector Allocation
Industrial
32.4%
Financial Services
27.8%
Utilities
25.8%
Energy
14.1%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 4.72% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 1.19% in Jul'24
- AUM of the fund stands at 1.7K Cr as of Jul'24
- AUM increased by 300.4 Cr between Jul'24 and Jun'24
Top Stocks bought last month
SBI Life Insurance Company Limited's allocation increased from 2.61% to 4.91%
REC Ltd's allocation increased from 2.9% to 4.43%
NTPC Ltd's allocation increased from 7.61% to 8.36%
Top Stocks sold last month
Power Grid Corp Of India Ltd's allocation decreased from 8.64 % to 8.2 %
Bharat Electronics Ltd's allocation decreased from 8.34 % to 6.85 %
Hindustan Aeronautics Ltd Ordinary Shares's allocation decreased from 8.57 % to 6.28 %
Cash allocation has gone down from 3% to 2.6%
Top 3 Sectors in July were Industrial, Financial Services & Utilities
Jul'24
Industrial
32%
Financial Services
28%
Utilities
26%
Jun'24
Industrial
38%
Financial Services
24%
Utilities
23%
See all
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Dhimant Kothari
Fund Manager of Invesco India PSU Equity Fund Direct Growth, since 19 May 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
In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 42.42% return, outperforming this fund by 2.74% per annum.
This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.77% which is lower than the category average expense ratio of 1.11%.
Over the last 3 months, this fund has experienced a 73.8% growth in AUM moving from 956.83 Cr to 1.66K Cr.
In the last 1 year, HDFC Defence Fund Direct Growth has given 86.25% return, outperforming this fund by 1.48%.
In the last 5 years, this fund has outperformed all funds in its category.
Over the last 3 months, this fund has decreased expense ratio by 19.8% moving from 0.96 to 0.77.
Invesco India PSU Equity 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 19.2% since inception which is less than its category average return of 24.42%
Fund Allocations
This fund has an allocation of 97.44% in Equity, 0% in Debt and 2.56% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 2267 Cr
Expense Ratio 0.77%
This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.18%
Frequently Asked Questions
The current NAV of Invesco India PSU Equity Fund Direct Growth is ₹79.97 as on 04-Sep-2024.
Existing (Absolute + CAGR) as on 04-Sep-2024.
Invesco India PSU Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.36% | -1.36% |
6 Month Returns | 22.19% | 22.19% |
1 Year Returns | 84.77% | 84.77% |
3 Years Returns | 172.5% | 39.68% |
5 Years Returns | 351.3% | 35.17% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.77% as on August 2024
₹1663 Cr as on August 2024
NTPC Ltd(8.36%), Power Grid Corp Of India Ltd(8.2%), State Bank of India(7.51%), Bharat Electronics Ltd(6.85%), Hindustan Aeronautics Ltd Ordinary Shares(6.28%) as on August 2024
Industrial(31.55%), Financial Services(27.04%), Utilities(25.15%) as on August 2024
The alpha ratio for the Invesco India PSU Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India PSU Equity Fund Direct Growth | 5.22 | -0.64 | 7.34 |
As on August 2024
The alpha for Invesco India PSU Equity Fund Direct Growth is calculated against S&P BSE PSU 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 PSU Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India PSU Equity Fund Direct Growth | 0.83 | 0.86 | 0.72 |
As on August 2024
The Beta for Invesco India PSU Equity Fund Direct Growth is calculated with S&P BSE PSU 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 PSU Equity 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 PSU Equity Fund Direct Growth | 3.08 | 1.62 | 1.29 |
As on August 2024
The sharpe ratio for Invesco India PSU Equity Fund Direct Growth is calculated with S&P BSE PSU 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 PSU Equity 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 PSU Equity Fund Direct Growth | 19.32 | 18.78 | 21.07 |
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 3.8 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Dhimant Kothari is the fund manager of Invesco India PSU Equity Fund Direct Growth
The Exit load of Invesco India PSU Equity Fund Direct Growth is 1%