Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl
Equity
Direct
Sector - Financial Services
NAV: ₹ 70.1 as on 30-04-2024
Fund Performance
3 people have invested ₹ 4.5K in Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl in the last three months
About the Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl
Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dhimant Kothari. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl has ₹744 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.
Overview
 | 1.03% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹744 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 29.31% |
Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl Distribution as on (31-Mar-24)
Size breakup
Large cap
57.7%
Small cap
29.3%
Mid cap
9.5%
Sector Allocation
Financial Services
94.6%
Tech
3.3%
Health
2.1%
Top Holdings of Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl as on (31-Mar-24)
Equity Holdings28
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 21.32% | 4.9% | |
 State Bank of India | 8.49% | 0% | |
 Axis Bank Ltd | 7.84% | 11.6% | |
 HDFC Bank Ltd | 5.74% | 1340.4% | |
 BSE Ltd | 4.3% | 13.9% |
See all
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.38% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.09% in Mar'24
AUM Change
- AUM of the fund stands at 743.5 Cr as of Mar'24
- AUM increased by 17.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers Returns for the month of Mar
Peer Analysis
Fund Manager
Dhimant Kothari
Fund Manager of Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl, since 1 June 2018
Top funds managed
Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl 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 16.18% since inception which is less than its category average return of 16.46%
Fund Allocations
This fund has an allocation of 96.46% in Equity, 0% in Debt and 3.54% in Cash related instruments
AUM size ₹744 Cr
This fund has AUM of ₹744 Cr which is less than its category average of ₹ 1553 Cr
Expense Ratio 1.03%
This fund has an expense ratio of 1.03% which is less than its category average expense ratio of 1.41%
Frequently Asked Questions
The current NAV of Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl is ₹70.1 as on 30-Apr-2024.
Existing (Absolute + CAGR) as on 30-Apr-2024.
Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl | Absolute Returns | CAGR Returns |
1 Month Returns | 6.16% | 6.16% |
6 Month Returns | 24.12% | 24.12% |
1 Year Returns | 40.61% | 40.61% |
3 Years Returns | 75.43% | 20.61% |
5 Years Returns | 116.34% | 16.69% |
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1.03% as on March 2024
₹744 Cr as on March 2024
ICICI Bank Ltd(21.32%), State Bank of India(8.49%), Axis Bank Ltd(7.84%), HDFC Bank Ltd(5.74%), BSE Ltd(4.3%) as on March 2024
Financial Services(91.3%), Tech(3.15%), Health(2.01%) as on March 2024
The alpha ratio for the Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl | 21.95 | 7.61 | 3.69 |
As on March 2024
The alpha for Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl is calculated against S&P BSE BANKEX 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 Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl | 0.5 | 0.88 | 0.9 |
As on March 2024
The Beta for Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl is calculated with S&P BSE BANKEX 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 Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl | 3.01 | 0.87 | 0.51 |
As on March 2024
The sharpe ratio for Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl is calculated with S&P BSE BANKEX 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 Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl | 8.97 | 15.28 | 23.26 |
As on March 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 1.57 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.12 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Dhimant Kothari is the fund manager of Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl
The Exit load of Invesco India Financial Services Fund Direct Plan Reinvestment of Income Dist cum Capital Wtdrwl is 1%