Invesco India Contra Fund Direct Plan Growth

Invesco India Contra Fund Direct Plan Growth

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Equity
Direct
Contra
NAV: ₹ 137.09 as on 28-05-2024

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 Taher Badshah, Dhimant Kothari. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Invesco India Contra Fund Direct Plan Growth has ₹14713 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.
Fund Performance
zero opening, trading, fund transfer fee
4280 people have invested ₹ 2.6Cr in Invesco India Contra Fund Direct Plan Growth in the last three months

Overview

Expense ratio
Expense ratio
0.54%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹14713 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
60.36%

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

  • Equity 98.8%

  • Debt & Cash 1.2%

Size breakup

Large cap
67.5%
Mid cap
19.9%
Small cap
11.4%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
29.8%
Industrial
17.7%
Consumer Cyclical
14.6%
Health
10%
Utilities
8.8%
Tech
8.5%
Basic Materials
3.9%
Energy
2.5%
Consumer Defensive
2%
Communication
1.7%
Real Estate
0.7%

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

  • Equity

  • Debt & Cash

Equity Holdings70
Debt Holdings1

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
5.73%
0.38%
2.85%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 5.73% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 3.27% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 14.7K Cr
₹ 13.9K Cr
₹ 13.8K Cr
  • AUM of the fund stands at 14.7K Cr as of Apr'24
  • AUM increased by 809.6 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 32.4% growth in AUM moving from 11.11K Cr to 14.71K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (contra). Its expense ratio is 0.54% which is lower than the category average expense ratio of 1.12%.
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Over the last 1 month, this fund has increased expense ratio by 8.0% moving from 0.50 to 0.54.
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In the last 3 years, SBI Contra Fund Direct Growth has given 29.57% return, outperforming this fund by 7.35% per annum.
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In the last 1 year, Kotak India EQ Contra Fund - Growth - Direct has given 53.52% return, outperforming this fund by 5.79%.
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In the last 5 years, SBI Contra Fund Direct Growth has given 27.21% return, outperforming this fund by 6.25% per annum.

INDmoney Rank

Powered by IND quant engine
3
/3
0% Performance
31% Risk Management
100% Cost
3 out of 3 among contra

Pros

Lower volatility within category
Beats FD returns for both 3Y & 5Y

Cons

Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk

Fund Manager

Taher Badshah
Taher Badshah
Fund Manager of Invesco India Contra Fund Direct Plan Growth, since 13 January 2017
Dhimant Kothari
Dhimant Kothari
Fund Manager of Invesco India Contra Fund Direct Plan Growth, since 19 May 2020

Invesco India Contra 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 19.87% since inception which is more than its category average return of 17.15%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.8% in Equity, 0% in Debt and 1.2% in Cash related instruments
AUM size ₹14713 Cr

AUM size ₹14713 Cr

This fund has AUM of ₹14713 Cr which is less than its category average of ₹ 15754 Cr
Expense Ratio 0.54%

Expense Ratio 0.54%

This fund has an expense ratio of 0.54% which is less than its category average expense ratio of 1.16%

Frequently Asked Questions

The current NAV of Invesco India Contra Fund Direct Plan Growth is ₹137.09 as on 28-May-2024.
Existing (Absolute + CAGR) as on 28-May-2024.
Invesco India Contra Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.87%
4.87%
6 Month Returns
27.9%
27.9%
1 Year Returns
47.73%
47.73%
3 Years Returns
82.59%
22.22%
5 Years Returns
159%
20.96%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.54% as on April 2024
₹14713 Cr as on April 2024
ICICI Bank Ltd(6.24%), HDFC Bank Ltd(5.28%), NTPC Ltd(5.12%), Infosys Ltd(4.54%), Bharat Electronics Ltd(3.7%) as on April 2024
Financial Services(29.4%), Industrial(17.47%), Consumer Cyclical(14.45%) as on April 2024
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
6.33
3.5
2.37
As on April 2024
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
1.02
0.93
0.97
As on April 2024
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
3.02
1.31
0.83
As on April 2024
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
11.08
12.87
18.79
As on April 2024
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 2.58 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.81 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Taher Badshah, Dhimant Kothari 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%