Equity
Direct
Contra
NAV as on 04-11-2024
₹ 154.39
1D
Inception Returns
20.3%
/yr
Invesco India Contra Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Taher Badshah, Dhimant Kothari. The fund could potentially beat inflation in the long-run.
Invesco India Contra Fund Direct Growth has given a CAGR return of 20.28% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 52.45%, 21.17% and 24.09% respectively.
Invesco India Contra Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Tech, Industrial, Basic Materials, Utilities, Consumer Defensive, Energy, Communication, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, NTPC Ltd, Axis Bank Ltd
As it is a contra 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.
To generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Invesco India Contra Fund Direct Growth has no lock in period.
Expense ratio | 0.52% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹18470 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 73.33% |
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 |
as on (04-Nov-24)
as on (30-Sep-24)
Top 3 Sectors in September were Financial Services, Consumer Cyclical & Industrial
Invesco India Contra Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.12% | -5.12% |
6 Month Returns | 17.07% | 17.07% |
1 Year Returns | 52.45% | 52.45% |
3 Years Returns | 77.9% | 21.17% |
5 Years Returns | 194.22% | 24.09% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Contra Fund Direct Growth | 13.35 | 5.11 | 4.03 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Contra Fund Direct Growth | 0.94 | 0.96 | 0.96 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Invesco India Contra Fund Direct Growth | 2.85 | 1.06 | 0.98 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Invesco India Contra Fund Direct Growth | 12.94 | 13.57 | 18.84 |