Invesco India Contra Fund Direct Plan Growth
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Equity
Direct
Contra
NAV: ₹ 89.8 as on 07-02-2023
Fund Performance
3967 people have invested ₹ 1.9Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, SBI Contra Fund Direct Growth has given 11.55% return, outperforming this fund by 8.06%
In the last 3 years, SBI Contra Fund Direct Growth has given 29.17% return, outperforming this fund by 12.35% per annum
In the last 5 years, Kotak India EQ Contra Fund - Growth - Direct has given 14.59% return, outperforming this fund by 1.91% per annum
This fund has one of the lowest expense ratio in the category (contra). Its expense ratio is 0.62% which is lower than the category average expense ratio of 1.32%
INDmoney Rank
Powered by IND quant engine
3
/3
1% Performance
35% Risk Management
100% Cost
3 out of 3 among contra
Pros
Lower volatility within category
Recovers losses quickly
Larger AUM within category
Cons
Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk
Fund Performance as on (19-Jan-23)
About the Fund
Invesco India Contra Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dhimant Kothari, Taher Badshah. The fund could potentially beat inflation in the long-run.
Key parameters
1) Invesco India Contra Fund Direct Plan Growth has a NAV of ₹89.84 as on 07-02-2023.
2) Invesco India Contra Fund Direct Plan Growth has ₹9487 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.
3) The fund has an expense ratio 0.62 %.
Fund Overview
Expense ratio | 0.62% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹9487 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 53% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
71.6%
Mid cap
17.3%
Small cap
7.6%
Sector Allocation
Financial Services
34.4%
Industrial
12.7%
Consumer Cyclical
10.8%
Tech
10.2%
Health
7.4%
Consumer Defensive
6.6%
Energy
6%
Basic Materials
5.4%
Utilities
4%
Communication
1.5%
Real Estate
1.1%
Top Holdings as on (31-Dec-22)
Equity Holdings59
Debt Holdings1
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
HDFC Bank Ltd | 9.19% | 0% | |
ICICI Bank Ltd | 6.31% | -23.8% | |
Reliance Industries Ltd | 5.76% | 0% | |
Infosys Ltd | 5.52% | -13.9% | |
State Bank of India | 4.15% | -3.9% |
See all
What changed
in last one month
AUM decreased by 267.7 Cr in last 1M
Dec'22 return underperformed benchmark
Change in AUM
Dec'22
₹ 9.6K Cr
Nov'22
₹ 9.9K Cr
Oct'22
₹ 9.7K Cr
Fund Returns vs Benchmark
Jan'23
3.85%
5.37%
Dec'22
2.62%
2.63%
Nov'22
3.85%
5.37%
Fund Return
Benchmark Return
Concentration Analysis as on (31-Dec-22)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
Bank of Baroda | 8.1% |
IndusInd Bank Ltd | 3.9% |
Axis Bank Ltd | 3.3% |
Top Losers | 1M Return |
|---|---|
Infosys Ltd | -9% |
Reliance Industries Ltd | -6.5% |
ICICI Bank Ltd | -5.2% |
Peer Analysis
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Invesco India Contra Fund Direct Plan Growth | 3.5% | 16.8% | 12.7% | 17.6% |
Kotak India EQ Contra Fund - Growth - Direct | 7% | 17.3% | 14.6% | 15.5% |
SBI Contra Fund Direct Growth | 11.5% | 29.2% | 14.5% | 14.9% |
Fund Manager
Dhimant Kothari
Fund Manager of Invesco India Contra Fund Direct Plan Growth, since 19 May 2020
Top funds managed
Taher Badshah
Fund Manager of Invesco India Contra Fund Direct Plan Growth, since 10 January 2017
Top funds managed
AMC details
Fund House
Invesco Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹48.54K Cr
as on 31-Dec-2022
Address
Religare Invesco Asset Management Company Private Limited,3rd Floor, GYS Infinity,,Paranjpe 'B' Scheme, Subhash Road,,Vile Parle (East),
Phone
+912267310000
Email
services@religaremf.com
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 17.6% since inception which is more than its category average return of 14.93%
Fund Allocations
This fund has an allocation of 96.49% in Equity, 0% in Debt and 3.51% in Cash related instruments
AUM size ₹9487 Cr
This fund has AUM of ₹9487 Cr which is more than its category average of ₹ 6048 Cr
Expense Ratio 0.62%
This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Invesco India Contra Fund Direct Plan Growth is 89.84 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Invesco India Contra Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.26% | -0.26% |
6 Month Returns | 3.24% | 3.24% |
1 Year Returns | 3.49% | 3.49% |
3 Years Returns | 59.46% | 16.83% |
5 Years Returns | 81.64% | 12.68% |
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0.62 as on January 2023
9634 Cr as on January 2023
HDFC Bank Ltd(9.19%),ICICI Bank Ltd(6.31%),Reliance Industries Ltd(5.76%),Infosys Ltd(5.52%),State Bank of India(4.15%) as on January 2023
Financial Services(33.17%),Industrial(12.26%),Consumer Cyclical(10.37%) as on January 2023
The alpha ratio for the Invesco India Contra Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Contra Fund Direct Plan Growth | 0.44 | 1.26 | 0.99 |
As on January 2023
The alpha for Invesco India Contra Fund Direct Plan 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 Contra Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Contra Fund Direct Plan Growth | 0.91 | 0.96 | 0.98 |
As on January 2023
The Beta for Invesco India Contra Fund Direct Plan 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 Contra Fund Direct Plan Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Invesco India Contra Fund Direct Plan Growth | -0.1 | 0.65 | 0.4 |
As on January 2023
The sharpe ratio for Invesco India Contra Fund Direct Plan 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 Contra Fund Direct Plan Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Invesco India Contra Fund Direct Plan Growth | 15.52 | 22.52 | 19.72 |
As on January 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 0.92 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.24 as on January 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Dhimant Kothari,Taher Badshah are the fund managers of Invesco India Contra Fund Direct Plan Growth
The Exit load of Invesco India Contra Fund Direct Plan Growth is 1%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.