Invesco India Large&MidCap Fund Direct Growth

Invesco India Large&MidCap Fund Direct Growth

Equity

Direct

Large & Mid-Cap

NAV as on 02-12-2024

₹ 111.7

1.2%

1D

Inception Returns

19.2%

/yr

About Invesco India Large&MidCap Fund Direct Growth

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

Key Parameters

  1. Invesco India Large&MidCap Fund Direct Growth has ₹6149 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Invesco India Large&MidCap Fund Direct Growth has given a CAGR return of 19.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.60%, 23.65% and 22.86% 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. Its top holdings are ICICI Bank Ltd, Trent Ltd, Prestige Estates Projects Ltd, Axis Bank Ltd, Cholamandalam Investment and Finance Co 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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
2552 people have invested ₹ 3.1Cr in Invesco India Large&MidCap Fund Direct Growth in the last three months

INDmoney Rank for Invesco India Large&MidCap Fund Direct Growth

Powered by IND quant engine
10
/21
74% Performance
40% Risk Management
74% Cost
10 out of 21 among large & mid-cap
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y
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Poor track record of protecting capital in bear phase
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Poor track record of Recovering losses quickly

Invesco India Large&MidCap Fund Direct Growth Overview

Expense ratio0.64%
Benchmark
S&P BSE 200 India TR INR
AUM₹6149 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
72.44%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (02-Dec-24)

Period
Invesco India Large&MidCap Fund Direct Growth
NIFTY 500
large & mid-cap
1M
3.4%
0.1%
1.3%
3M
1.5%
-3.9%
-2.6%
6M
19.1%
8.2%
11.1%
1Y
44.6%
26.1%
32.1%
3Y
23.6%
15.1%
19.2%
5Y
22.9%
18.4%
21.7%

Fund Distribution

as on (31-Oct-24)

  • Equity 99.7%

  • Debt & Cash 0.3%

Mid cap
47.7%

Large cap
37.5%

Small cap
12.2%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
28.4%
Consumer Cyclical
22.3%
Industrial
11.9%
Health
11%
Tech
9.7%
Real Estate
7.6%
Basic Materials
5.8%
Communication
2%
Consumer Defensive
1.4%
All changes are between Aug'24 and Oct'24
Sep'24
Aug'24
Fund Returns
4.31%
3.18%
NIFTY 500
2.04%
0.97%
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 6.5K Cr
₹ 6.5K Cr
₹ 6.2K Cr
  • AUM of the fund stands at 6.5K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
Sonata Software Ltd's allocation increased from 0.61% to 1.62%
Sonata Software Ltd's allocation increased from 0.61% to 1.62%
BSE Ltd's allocation increased from 2.14% to 2.74%
BSE Ltd's allocation increased from 2.14% to 2.74%
Mankind Pharma Ltd's allocation increased from 2.84% to 3.17%
Mankind Pharma Ltd's allocation increased from 2.84% to 3.17%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 4.81 % to 4.16 %
ICICI Bank Ltd's allocation decreased from 4.81 % to 4.16 %
Trent Ltd's allocation decreased from 4.04 % to 4.01 %
Trent Ltd's allocation decreased from 4.04 % to 4.01 %
Prestige Estates Projects Ltd's allocation decreased from 3.7 % to 3.47 %
Prestige Estates Projects Ltd's allocation decreased from 3.7 % to 3.47 %
Cash allocation has gone down from 0.9% to 0.3%
Cash allocation has gone down from 0.9% to 0.3%

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial

Oct'24
Financial Services
28%
Consumer Cyclical
22%
Industrial
12%
Sep'24
Financial Services
28%
Consumer Cyclical
23%
Industrial
13%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
52
50
48
Top 5 Company Concentration
18.4%
21.4%
21.4%
Company having highest exposure
ICICI Bank Ltd (4.2%)
ICICI Bank Ltd (4.8%)
ICICI Bank Ltd (4.9%)
No of Sectors
9
9
9
Top 5 Sectors Concentration
83.2%
81.2%
81.2%
Sector having highest exposure
Financial Services (28.4%)
Financial Services (27.7%)
Financial Services (27.4%)
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Aditya Khemani
Aditya Khemani
Fund Manager of Invesco India Large&MidCap Fund Direct Growth, since 9 November 2023
Amit Ganatra
Amit Ganatra
Fund Manager of Invesco India Large&MidCap Fund Direct Growth, since 21 January 2022
Fund House
Invesco Asset Management (India) Private Ltd
Total AUM
₹1.04L Cr
as on 31-Oct-2024
Address
Religare Invesco Asset Management Company Private Limited,3rd Floor, GYS Infinity,,Paranjpe 'B' Scheme, Subhash Road,,Vile Parle (East),
Phone
+912267310000
Website
services@religaremf.com

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has decreased expense ratio by 7.2% moving from 0.69 to 0.64.
Insights icon
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.64% which is lower than the category average expense ratio of 1.2%.
Insights icon
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 50.66% return, outperforming this fund by 6.06%.
Insights icon
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 28.17% return, outperforming this fund by 5.32% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 5.3% drop in AUM moving from 6.49K Cr to 6.14K Cr.
Insights icon
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.99% return, outperforming this fund by 4.35% per annum.

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 19.21% since inception which is more than its category average return of 16.85%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.7% in Equity, 0% in Debt and 0.3% in Cash related instruments
AUM size ₹6149 Cr

AUM size ₹6149 Cr

This fund has AUM of ₹6149 Cr which is less than its category average of ₹ 7239 Cr
Expense Ratio 0.64%

Expense Ratio 0.64%

This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.37%

Frequently Asked Questions for Invesco India Large&MidCap Fund Direct Growth

The current NAV of Invesco India Large&MidCap Fund Direct Growth is ₹111.7 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
Invesco India Large&MidCap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.37%
3.37%
6 Month Returns
19.07%
19.07%
1 Year Returns
44.6%
44.6%
3 Years Returns
89.03%
23.65%
5 Years Returns
179.88%
22.86%
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0.64% as on November 2024
₹6149 Cr as on November 2024
ICICI Bank Ltd(4.16%), Trent Ltd(4.01%), Prestige Estates Projects Ltd(3.47%), Axis Bank Ltd(3.45%), Cholamandalam Investment and Finance Co Ltd(3.35%) as on November 2024
Financial Services(28.3%), Consumer Cyclical(22.28%), Industrial(11.82%) as on November 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
13.26
4.56
1.87
As on November 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
0.92
0.95
0.88
As on November 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
2.4
1.19
0.94
As on November 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
12.93
14.01
18.07
As on November 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 2.2 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.06 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Aditya Khemani, Amit Ganatra 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%