Invesco India Balanced Advantage Fund Direct Plan Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 55.84 as on 22-04-2024
Fund Performance
112 people have invested ₹ 11.2L in Invesco India Balanced Advantage Fund Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 26.59% return, outperforming this fund by 12.34% per annum.
In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 60.82% return, outperforming this fund by 32.36%.
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%.
Over the last 6 months, this fund has experienced a 13.9% growth in AUM moving from 630.97 Cr to 718.56 Cr.
Over the last 1 month, this fund has decreased expense ratio by 13.0% moving from 1.00 to 0.87.
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 19.08% return, outperforming this fund by 6.78% per annum.
INDmoney Rank of Invesco India Balanced Advantage Fund Direct Plan Growth
Powered by IND quant engine
9
/15
22% Performance
61% Risk Management
16% Cost
9 out of 15 among dynamic asset allocation
About the Invesco India Balanced Advantage Fund Direct Plan Growth
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 ₹719 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Invesco India Balanced Advantage Fund Direct Plan Growth Overview
 | 0.87% |
 Benchmark | null |
 | ₹719 Cr |
 | 1 January, 2013 |
 | ₹1000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 59.24% |
Invesco India Balanced Advantage Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
54.6%
Mid cap
8.2%
Small cap
5%
Sector Allocation
Financial Services
22%
Tech
15%
Industrial
13.2%
Health
12.1%
Consumer Cyclical
10.8%
Energy
8.8%
Utilities
6.2%
Consumer Defensive
6.1%
Communication
2.2%
Basic Materials
2%
Real Estate
1.7%
Top Holdings of Invesco India Balanced Advantage Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings47
Debt Holdings6
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 707.5 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
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
Invesco India Balanced Advantage Fund Direct Plan Growth 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 13.2% since inception which is more than its category average return of 11.56%
Fund Allocations
This fund has an allocation of 58.45% in Equity, 19.79% in Debt and 21.72% in Cash related instruments
AUM size ₹719 Cr
This fund has AUM of ₹719 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 0.87%
This fund has an expense ratio of 0.87% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Invesco India Balanced Advantage Fund Direct Plan Growth is ₹55.84 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Invesco India Balanced Advantage Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.08% | 2.08% |
6 Month Returns | 14.73% | 14.73% |
1 Year Returns | 28.46% | 28.46% |
3 Years Returns | 49.15% | 14.25% |
5 Years Returns | 78.63% | 12.3% |
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).
- Select your bank account and proceed with Payment.
0.87% as on March 2024
₹719 Cr as on March 2024
Invesco India Shrt DurDir Gr(9.89%), ICICI Bank Ltd(7.53%), Invesco India Money Market Dir Gr(6.57%), Tata Consultancy Services Ltd(5.73%), Reliance Industries Ltd(4.92%) as on March 2024
Cash Equivalent(20.94%), Financial Services(12.86%), Government(12.69%) as on March 2024
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%