Invesco India Balanced Advantage Fund Direct Plan Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 48.6 as on 29-09-2023
Fund Performance
127 people have invested ₹ 6.5L in Invesco India Balanced Advantage Fund Direct Plan Growth in the last three months
Fund Insights
This fund expense ratio is slightly on the lower side within the category (dynamic asset allocation). Its expense ratio is 1.04% which is lower than the category average expense ratio of 1.19%.
Over the last 1 month, this fund has increased expense ratio by 9.5% moving from 0.95 to 1.04.
In the last 1 year, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 28.49% return, outperforming this fund by 12.4%.
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 16.76% return, outperforming this fund by 6.83% per annum.
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 30.84% return, outperforming this fund by 17.02% per annum.
INDmoney Rank
Powered by IND quant engine
10
/14
22% Performance
58% Risk Management
14% Cost
10 out of 14 among dynamic asset allocation
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 Amit Ganatra, Dhimant Kothari. This fund gives you the benefit of diversification.
Key Parameters
- Invesco India Balanced Advantage Fund Direct Plan Growth has ₹621 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 1.
Invesco India Balanced Advantage Fund Direct Plan Growth Overview
 | 1.04% |
 Benchmark | null |
 | ₹621 Cr |
 | 1 January, 2013 |
 | ₹1000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 59.24% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
56.8%
Mid cap
6.8%
Small cap
3.9%
Sector Allocation
Financial Services
34%
Tech
13.4%
Industrial
9.7%
Consumer Cyclical
9.4%
Health
8.5%
Consumer Defensive
7%
Utilities
6.7%
Energy
6%
Communication
2.2%
Basic Materials
1.9%
Real Estate
1.2%
Top Holdings of Invesco India Balanced Advantage Fund Direct Plan Growth as on (31-Aug-23)
Equity Holdings49
Debt Holdings4
Invesco India Balanced Advantage Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 621.3 Cr as of Aug'23
- AUM decreased by 10.1 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Invesco India Balanced Advantage Fund Direct Plan Growth Fund Manager
Amit Ganatra
Fund Manager of Invesco India Balanced Advantage Fund Direct Plan Growth, since 1 September 2022
Top funds managed
Dhimant Kothari
Fund Manager of Invesco India Balanced Advantage Fund Direct Plan Growth, since 1 September 2022
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 12.47% since inception which is more than its category average return of 10.48%
Fund Allocations
This fund has an allocation of 60.17% in Equity, 9.22% in Debt and 30.61% in Cash related instruments
AUM size ₹621 Cr
This fund has AUM of ₹621 Cr which is less than its category average of ₹ 7879 Cr
Expense Ratio 1.04%
This fund has an expense ratio of 1.04% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Invesco India Balanced Advantage Fund Direct Plan Growth is ₹48.56 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Invesco India Balanced Advantage Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.97% | 1.97% |
6 Month Returns | 13.78% | 13.78% |
1 Year Returns | 16.09% | 16.09% |
3 Years Returns | 47.42% | 13.81% |
5 Years Returns | 60.53% | 9.93% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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1.04% as on August 2023
₹621 Cr as on August 2023
ICICI Bank Ltd(7.36%), Invesco India Money Market Dir Gr(7.29%), HDFC Bank Ltd(6.59%), Tata Consultancy Services Ltd Shs Dematerialised(5.6%), Larsen & Toubro Ltd(3.55%) as on August 2023
Cash Equivalent(26.98%), Financial Services(20.48%), Government(10.55%) as on August 2023
AAA | 100 |
Amit Ganatra, Dhimant Kothari 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%