Invesco India Manufacturing Fund Direct Growth

Invesco India Manufacturing Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 10-10-2024

₹ 10.64

1.5%

1D

Inception Returns

6.3%

/yr

About the Fund

Invesco India Manufacturing Fund Direct Growth is an equity fund. This fund was started on 14 August, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Invesco India Manufacturing Fund Direct Growth has ₹744 Cr worth of assets under management (AUM) as on Aug 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Invesco India Manufacturing Fund Direct Growth has given a CAGR return of 6.30% since inception.

Holdings

Invesco India Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Health, Consumer Cyclical, Basic Materials, Tech, Consumer Defensive, Energy. Its top holdings are Mankind Pharma Ltd, Bajaj Auto Ltd, TVS Motor Co Ltd, Divi's Laboratories Ltd, JK Cement Ltd

Taxation

As it is a equity - other 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 Manufacturing Fund Direct Growth

To generate capital appreciation from a diversified portfolio of Equity and Equity Related Instruments of companies following the manufacturing theme.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Invesco India Manufacturing Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1045 people have invested ₹ 1.6Cr in Invesco India Manufacturing Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.67%
Benchmark
Nifty India Manufacturing TRI
AUM₹744 Cr
Inception Date14 August, 2024
Min Lumpsum/SIP₹1000/₹500
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
0%
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 (10-Oct-24)

Period
Invesco India Manufacturing Fund Direct Growth
Nifty 500
equity - other
1M
3.5%
-0.2%
-

Fund Distribution

as on (31-Aug-24)

  • Equity 59.4%

  • Debt & Cash 40.6%

Mid cap
20.3%

Small cap
19.5%

Large cap
18.8%

Sector Allocation

Aug'24

Jul'24

Industrial
26.9%
Health
24.7%
Consumer Cyclical
18.7%
Basic Materials
13.5%
Tech
8.3%
Consumer Defensive
6%
Energy
1.9%
Fund
Aug'24
No of Holdings
59
Top 5 Company Concentration
12.1%
Company having highest exposure
Mankind Pharma Ltd (2.8%)
No of Sectors
7
Top 5 Sectors Concentration
92.1%
Sector having highest exposure
Industrial (26.9%)
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Fund House
Invesco Asset Management (India) Private Ltd
Total AUM
₹95.59K Cr
as on 31-Aug-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

Invesco India Manufacturing 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 returns of 6.30% since inception (14th August 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 59.4% in Equity, 0% in Debt and 40.6% in Cash related instruments
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 2367 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 1.23%

Frequently Asked Questions

The current NAV of Invesco India Manufacturing Fund Direct Growth is ₹10.64 as on 10-Oct-2024.
Existing (Absolute + CAGR) as on 10-Oct-2024.
Invesco India Manufacturing Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.51%
3.51%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.67% as on September 2024
₹744 Cr as on September 2024
Mankind Pharma Ltd(2.81%), Bajaj Auto Ltd(2.39%), TVS Motor Co Ltd(2.33%), Divi's Laboratories Ltd(2.3%), JK Cement Ltd(2.22%) as on September 2024
Industrial(16%), Health(14.66%), Consumer Cyclical(11.12%) as on September 2024
The alpha ratio for the Invesco India Manufacturing Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Invesco India Manufacturing Fund Direct Growth
-
-
-
As on September 2024
The alpha for Invesco India Manufacturing Fund Direct Growth is calculated against Nifty India Manufacturing TRI. 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 Manufacturing Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Invesco India Manufacturing Fund Direct Growth
-
-
-
As on September 2024
The Beta for Invesco India Manufacturing Fund Direct Growth is calculated with Nifty India Manufacturing TRI. 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 Manufacturing 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 Manufacturing Fund Direct Growth
-
-
-
As on September 2024
The sharpe ratio for Invesco India Manufacturing Fund Direct Growth is calculated with Nifty India Manufacturing TRI. 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 Manufacturing 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 Manufacturing Fund Direct Growth
-
-
-
As on September 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.
The Exit load of Invesco India Manufacturing Fund Direct Growth is 0.5%