Invesco India Balanced Advantage Fund Direct Plan Growth

Invesco India Balanced Advantage Fund Direct Plan Growth

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Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 57.25 as on 17-05-2024

About the Fund

Invesco India Balanced Advantage Fund Direct Plan Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Dhimant Kothari, Amit Ganatra. This fund gives you the benefit of diversification.

Key Parameters

  1. Invesco India Balanced Advantage Fund Direct Plan Growth has ₹731 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.
Fund Performance
zero opening, trading, fund transfer fee
101 people have invested ₹ 5.7L in Invesco India Balanced Advantage Fund Direct Plan Growth in the last three months

Overview

Expense ratio
Expense ratio
0.87%
Benchmark
Benchmark
null
AUM
AUM
₹731 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
59.24%

Invesco India Balanced Advantage Fund Direct Plan Growth Distribution as on (30-Apr-24)

  • Equity 57.9%

  • Debt & Cash 42%

Size breakup

Large cap
55.1%
Mid cap
8.5%
Small cap
4.6%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
22.9%
Tech
14.7%
Industrial
13%
Health
11.7%
Consumer Cyclical
10.6%
Energy
8.5%
Utilities
6.3%
Consumer Defensive
6.1%
Communication
2.4%
Basic Materials
2.1%
Real Estate
1.6%

Top Holdings of Invesco India Balanced Advantage Fund Direct Plan Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings46
Debt Holdings6

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 718.6 Cr
₹ 718.6 Cr
₹ 707.5 Cr
  • AUM of the fund stands at 718.6 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

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Over the last 3 months, this fund has decreased expense ratio by 13.0% moving from 1.00 to 0.87.
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In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 20.31% return, outperforming this fund by 7.51% per annum.
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This fund expense ratio is slightly on the lower side within the category (dynamic asset allocation). Its expense ratio is 0.87% which is lower than the category average expense ratio of 1.14%.
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Over the last 6 months, this fund has experienced a 17.2% growth in AUM moving from 623.15 Cr to 730.58 Cr.
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In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 61.01% return, outperforming this fund by 33.5%.
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In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 25.14% return, outperforming this fund by 10.99% per annum.

INDmoney Rank

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10
/15
22% Performance
60% Risk Management
16% Cost
10 out of 15 among dynamic asset allocation

Fund Manager

Dhimant Kothari
Dhimant Kothari
Fund Manager of Invesco India Balanced Advantage Fund Direct Plan Growth, since 1 September 2022
Amit Ganatra
Amit Ganatra
Fund Manager of Invesco India Balanced Advantage Fund Direct Plan Growth, since 1 September 2022

Invesco India Balanced Advantage Fund Direct Plan Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.36% since inception which is more than its category average return of 11.78%
Fund Allocations

Fund Allocations

This fund has an allocation of 57.94% in Equity, 19.41% in Debt and 22.61% in Cash related instruments
AUM size ₹731 Cr

AUM size ₹731 Cr

This fund has AUM of ₹731 Cr which is less than its category average of ₹ 8333 Cr
Expense Ratio 0.87%

Expense Ratio 0.87%

This fund has an expense ratio of 0.87% which is less than its category average expense ratio of 1.37%

Frequently Asked Questions

The current NAV of Invesco India Balanced Advantage Fund Direct Plan Growth is ₹57.25 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Invesco India Balanced Advantage Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.75%
2.75%
6 Month Returns
14.89%
14.89%
1 Year Returns
27.51%
27.51%
3 Years Returns
48.74%
14.15%
5 Years Returns
82.62%
12.8%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
0.87% as on April 2024
₹731 Cr as on April 2024
Invesco India Shrt DurDir Gr(9.75%), ICICI Bank Ltd(7.79%), Invesco India Money Market Dir Gr(6.5%), Tata Consultancy Services Ltd(5.55%), Reliance Industries Ltd(4.77%) as on April 2024
Cash Equivalent(21.32%), Financial Services(13.28%), Government(12.06%) as on April 2024
AAA
100
Dhimant Kothari, Amit Ganatra are the fund managers of Invesco India Balanced Advantage Fund Direct Plan Growth
The Exit load of Invesco India Balanced Advantage Fund Direct Plan Growth is 0.25%