Invesco India Multicap Fund Direct Growth
Equity
Direct
Multi-Cap
About the Fund
Invesco India Multicap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Amit Nigam, Pranav Gokhale. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Multicap Fund Direct Growth has ₹3623 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Invesco India Multicap Fund Direct Growth has given a CAGR return of 20.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.56%, 20.15% and 25.46% respectively.
Holdings
Invesco India Multicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Tech, Consumer Defensive, Basic Materials, Real Estate, Communication, Utilities. Its top holdings are ICICI Bank Ltd, Jio Financial Services Ltd, Tata Consultancy Services Ltd, Axis Bank Ltd, Century Textiles & Industries Ltd
Taxation
As it is a multi-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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Invesco India Multicap Fund Direct Growth
To generate capital appreciation by investing predominantly in Equity and Equity Related Instruments across market capitalization.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Invesco India Multicap Fund Direct Growth has no lock in period.
Fund Performance
922 people have invested ₹ 71.6L in Invesco India Multicap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
4
/6
30% Performance
39% Risk Management
84% Cost
4 out of 6 among multi-cap
Beats FD returns for both 3Y & 5Y
Does not beat the benchmark consistently
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 0.66% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹3623 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 51.01% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
40.4%
Mid cap
29.7%
Small cap
26.5%
Sector Allocation
Financial Services
27.8%
Industrial
17.6%
Consumer Cyclical
11.3%
Health
10%
Tech
9.6%
Consumer Defensive
9.4%
Basic Materials
9.3%
Real Estate
2.1%
Communication
2%
Utilities
1%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Home First Finance Company India Ltd | 5% |
Amit Nigam
Fund Manager of Invesco India Multicap Fund Direct Growth, since 3 September 2020
Top funds managed
Pranav Gokhale
Fund Manager of Invesco India Multicap Fund Direct Growth, since 29 March 2018
Top funds managed
Mutual Fund Insights
In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 33.88% return, outperforming this fund by 8.42% per annum.
Over the last 6 months, this fund has experienced a 19.1% growth in AUM moving from 3.04K Cr to 3.62K Cr.
In the last 1 year, HSBC Multi Cap Fund Direct Growth has given 59.38% return, outperforming this fund by 14.83%.
In the last 3 years, Nippon India Multi Cap Fund - Direct Plan - Growth has given 32.18% return, outperforming this fund by 12.04% per annum.
Over the last 1 year, this fund has increased expense ratio by 1.5% moving from 0.65 to 0.66.
This fund has one of the lowest expense ratio in the category (multi-cap). Its expense ratio is 0.66% which is lower than the category average expense ratio of 1.21%.
Invesco India Multicap Fund Direct 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 20.2% since inception which is more than its category average return of 17.96%
Fund Allocations
This fund has an allocation of 97.94% in Equity, 0% in Debt and 2.06% in Cash related instruments
AUM size ₹3623 Cr
This fund has AUM of ₹3623 Cr which is more than its category average of ₹ 3603 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.23%
Frequently Asked Questions
The current NAV of Invesco India Multicap Fund Direct Growth is ₹148.66 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Invesco India Multicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.41% | 3.41% |
6 Month Returns | 21.09% | 21.09% |
1 Year Returns | 44.56% | 44.56% |
3 Years Returns | 73.43% | 20.15% |
5 Years Returns | 210.8% | 25.46% |
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.
0.66% as on June 2024
₹3623 Cr as on June 2024
ICICI Bank Ltd(4.76%), Jio Financial Services Ltd(2.56%), Tata Consultancy Services Ltd(2.4%), Axis Bank Ltd(2.27%), Century Textiles & Industries Ltd(2.22%) as on June 2024
Financial Services(27.25%), Industrial(17.2%), Consumer Cyclical(11.09%) as on June 2024
The alpha ratio for the Invesco India Multicap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Multicap Fund Direct Growth | 1.98 | 0.18 | 1.23 |
As on June 2024
The alpha for Invesco India Multicap Fund Direct Growth is calculated against S&P BSE 500 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 Multicap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Multicap Fund Direct Growth | 0.94 | 0.91 | 0.93 |
As on June 2024
The Beta for Invesco India Multicap Fund Direct Growth is calculated with S&P BSE 500 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 Multicap 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 Multicap Fund Direct Growth | 2.77 | 1.13 | 0.91 |
As on June 2024
The sharpe ratio for Invesco India Multicap Fund Direct Growth is calculated with S&P BSE 500 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 Multicap 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 Multicap Fund Direct Growth | 11.66 | 13.15 | 19.69 |
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 2.12 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Amit Nigam, Pranav Gokhale are the fund managers of Invesco India Multicap Fund Direct Growth
The Exit load of Invesco India Multicap Fund Direct Growth is 1%