IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl
Equity
Direct
Sector - Financial Services
NAV: ₹ 51.9 as on 30-05-2023
Fund Performance
4 people have invested ₹ 400 in IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl in the last three months
About the Fund
IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Hiten Jain, Dhimant Kothari. The fund could potentially beat inflation in the long-run.
Key parameters
1) IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl has a NAV of ₹51.88 as on 30-05-2023.
2) IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl has ₹505 Cr worth of assets under management (AUM) as on 31-03-2023 and is less than category average.
3) The fund has an expense ratio 1.08 %.
IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl Overview
 | 1.08% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹505 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 14% |
Fund Distribution as on (30-Apr-23)
Size breakup
Large cap
74.7%
Small cap
14.5%
Mid cap
7.1%
Sector Allocation
Financial Services
100%
Top Holdings of IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl as on (30-Apr-23)
Equity Holdings24
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 19.77% | 0% | |
 HDFC Bank Ltd | 17.68% | 2.9% | |
 Axis Bank Ltd | 9.31% | 0% | |
 State Bank of India | 9.03% | 6% | |
 Kotak Mahindra Bank Ltd | 4.41% | 0% |
See all
IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.77% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.73% as on Apr'23
- This fund outperformed Nifty 500 by 1.50% in Apr'23
AUM Change
- AUM of the fund stands at 505.4 Cr as of Apr'23
- AUM increased by 25.7 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Gainers & Losers in IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl portfolio as on (30-Apr-23)
Top Growth Drivers | 1M Return |
|---|---|
 State Bank of India | 9.8% |
 HDFC Bank Ltd | 4.8% |
 ICICI Bank Ltd | 3.8% |
Peer Analysis
IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl Fund Manager
Hiten Jain
Fund Manager of IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl, since 19 May 2020
Top funds managed
Dhimant Kothari
Fund Manager of IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl, since 1 June 2018
Top funds managed
Fund 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 14.39% since inception which is less than its category average return of 28.03%
Fund Allocations
This fund has an allocation of 96.34% in Equity, 0% in Debt and 3.66% in Cash related instruments
AUM size ₹505 Cr
This fund has AUM of ₹505 Cr which is less than its category average of ₹ 1461 Cr
Expense Ratio 1.08%
This fund has an expense ratio of 1.08% which is less than its category average expense ratio of 1.51%
Frequently Asked Questions
The current NAV of IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl is ₹51.88 as on 30-May-2023.
Existing (Absolute + CAGR) as on 30-May-2023.
IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 4.21% | 4.21% |
6 Month Returns | 3.92% | 3.92% |
1 Year Returns | 23.74% | 23.74% |
3 Years Returns | 108% | 27.65% |
5 Years Returns | 70.11% | 11.21% |
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1.08% as on April 2023
₹505 Cr as on April 2023
ICICI Bank Ltd(19.77%), HDFC Bank Ltd(17.68%), Axis Bank Ltd(9.31%), State Bank of India(9.03%), Kotak Mahindra Bank Ltd(4.41%) as on April 2023
The alpha ratio for the IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl | -2 | 2.1 | -1.92 |
As on April 2023
The alpha for IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl is calculated against S&P BSE BANKEX 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 IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl | 1.02 | 0.86 | 0.93 |
As on April 2023
The Beta for IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl is calculated with S&P BSE BANKEX 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 IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl | 0.46 | 0.89 | 0.33 |
As on April 2023
The sharpe ratio for IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl is calculated with S&P BSE BANKEX 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 IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl | 19.82 | 20.5 | 24.61 |
As on April 2023
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 1.79 as on April 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Hiten Jain, Dhimant Kothari are the fund managers of IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl
The Exit load of IInvesco India Financial Services FundDirect Plan Payout of Income Dist cum Capital Wtdrl is 1%