Invesco India Large&MidCap Fund Direct Growth

Equity
Direct
Large & Mid-Cap
Invesco India Large&MidCap Fund Direct Growth

About the Fund

Invesco India Large&MidCap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Amit Ganatra, Pranav Gokhale. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Invesco India Large&MidCap Fund Direct Growth has ₹5841 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Invesco India Large&MidCap Fund Direct Growth has given a CAGR return of 19.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 56.16%, 23.56% and 23.26% respectively.

Holdings

Invesco India Large&MidCap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Tech, Real Estate, Basic Materials, Communication, Consumer Defensive, Utilities. Its top holdings are ICICI Bank Ltd, Axis Bank Ltd, Cholamandalam Investment and Finance Co Ltd, Prestige Estates Projects Ltd, Trent Ltd

Taxation

As it is a large & mid-cap 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Invesco India Large&MidCap Fund Direct Growth

To generate capital appreciation from a diversified portfolio of predominantly Equity and Equity Related Instruments of Large and Midcap companies.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Invesco India Large&MidCap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1746 people have invested ₹ 1.2Cr in Invesco India Large&MidCap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
8
/21
67% Performance
50% Risk Management
72% Cost
8 out of 21 among large & mid-cap
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Lower probablity of downside risk
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Recovers losses quickly
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

Fund Overview

Expense ratio0.67%
Benchmark
S&P BSE 200 India TR INR
AUM₹5841 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
72.45%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.5%

  • Debt & Cash 0.5%

Large cap
46.2%

Mid cap
45.6%

Small cap
7.7%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
29.8%
Consumer Cyclical
22%
Industrial
12.6%
Health
10.2%
Tech
7%
Real Estate
5.8%
Basic Materials
5.3%
Communication
3%
Consumer Defensive
2.3%
Utilities
2.1%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Amit Ganatra
Amit Ganatra
Fund Manager of Invesco India Large&MidCap Fund Direct Growth, since 21 January 2022
Pranav Gokhale
Pranav Gokhale
Fund Manager of Invesco India Large&MidCap Fund Direct Growth, since 19 May 2020

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.67% which is lower than the category average expense ratio of 1.2%.
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Over the last 1 year, this fund has increased expense ratio by 1.5% moving from 0.66 to 0.67.
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In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.62% return, outperforming this fund by 8.06% per annum.
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In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 68.44% return, outperforming this fund by 12.28%.
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In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 30.61% return, outperforming this fund by 7.35% per annum.
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Over the last 6 months, this fund has experienced a 25.9% growth in AUM moving from 4.64K Cr to 5.84K Cr.

Invesco India Large&MidCap Fund Direct 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 19.3% since inception which is more than its category average return of 18.24%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.46% in Equity, 0% in Debt and 0.54% in Cash related instruments
AUM size ₹5841 Cr

AUM size ₹5841 Cr

This fund has AUM of ₹5841 Cr which is less than its category average of ₹ 7161 Cr
Expense Ratio 0.67%

Expense Ratio 0.67%

This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.38%

Frequently Asked Questions

The current NAV of Invesco India Large&MidCap Fund Direct Growth is ₹105.44 as on 16-Jul-2024.
Existing (Absolute + CAGR) as on 16-Jul-2024.
Invesco India Large&MidCap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.59%
3.59%
6 Month Returns
26.28%
26.28%
1 Year Returns
56.16%
56.16%
3 Years Returns
88.66%
23.56%
5 Years Returns
184.51%
23.26%
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.
0.67% as on June 2024
₹5841 Cr as on June 2024
ICICI Bank Ltd(5.14%), Axis Bank Ltd(5.04%), Cholamandalam Investment and Finance Co Ltd(4.34%), Prestige Estates Projects Ltd(4.02%), Trent Ltd(3.63%) as on June 2024
Financial Services(29.6%), Consumer Cyclical(21.85%), Industrial(12.52%) as on June 2024
The alpha ratio for the Invesco India Large&MidCap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Invesco India Large&MidCap Fund Direct Growth
11.28
2.18
1.5
As on June 2024
The alpha for Invesco India Large&MidCap Fund Direct Growth is calculated against S&P BSE 200 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 Large&MidCap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Invesco India Large&MidCap Fund Direct Growth
0.88
0.95
0.88
As on June 2024
The Beta for Invesco India Large&MidCap Fund Direct Growth is calculated with S&P BSE 200 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 Large&MidCap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Invesco India Large&MidCap Fund Direct Growth
3.37
1.29
0.93
As on June 2024
The sharpe ratio for Invesco India Large&MidCap Fund Direct Growth is calculated with S&P BSE 200 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 Large&MidCap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Invesco India Large&MidCap Fund Direct Growth
11.47
13.53
18.1
As on June 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 2.54 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.37 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Amit Ganatra, Pranav Gokhale are the fund managers of Invesco India Large&MidCap Fund Direct Growth
The Exit load of Invesco India Large&MidCap Fund Direct Growth is 1%