Invesco India Smallcap Fund Direct Growth
Equity
Direct
Small-Cap
About the Fund
Invesco India Smallcap Fund Direct Growth is an equity fund. This fund was started on 30 October, 2018. The fund is managed by Pranav Gokhale, Taher Badshah. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Smallcap Fund Direct Growth has ₹4581 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Invesco India Smallcap Fund Direct Growth has given a CAGR return of 28.75% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 53.77%, 26.67% and 34.34% respectively.
Holdings
Invesco India Smallcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Health, Tech, Basic Materials, Consumer Defensive, Real Estate, Energy, Utilities, Communication. Its top holdings are Century Textiles & Industries Ltd, Jyoti CNC Automation Ltd, 360 One Wam Ltd Ordinary Shares, Bharat Dynamics Ltd Ordinary Shares, Global Health Ltd
Taxation
As it is a small-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 Smallcap Fund Direct Growth
To generate capital appreciation by investing predominantly in stocks of Smallcap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Invesco India Smallcap Fund Direct Growth has no lock in period.
Fund Performance
2365 people have invested ₹ 2.4Cr in Invesco India Smallcap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
5
/17
57% Performance
58% Risk Management
90% Cost
5 out of 17 among small-cap
Lower probablity of downside risk
Protects capital during bear phase
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.46% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹4581 Cr |
| Inception Date | 30 October, 2018 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 46.32% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Small cap
67.5%
Mid cap
24.5%
Large cap
4.7%
Sector Allocation
Industrial
24.2%
Financial Services
21.8%
Consumer Cyclical
15.6%
Health
12%
Tech
7.9%
Basic Materials
7.6%
Consumer Defensive
3.8%
Real Estate
3%
Energy
1.5%
Utilities
1.5%
Communication
1.1%
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 |
|---|---|
 Kalyan Jewellers India Ltd | 23.9% |
 360 ONE WAM Ltd | 17.9% |
Pranav Gokhale
Fund Manager of Invesco India Smallcap Fund Direct Growth, since 1 March 2019
Top funds managed
Taher Badshah
Fund Manager of Invesco India Smallcap Fund Direct Growth, since 30 October 2018
Top funds managed
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (small-cap). Its expense ratio is 0.46% which is lower than the category average expense ratio of 1.14%.
Over the last 3 months, this fund has experienced a 24.8% growth in AUM moving from 3.66K Cr to 4.58K Cr.
Over the last 3 months, this fund has increased expense ratio by 27.8% moving from 0.36 to 0.46.
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 73.61% return, outperforming this fund by 19.84%.
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 46.9% return, outperforming this fund by 12.56% per annum.
In the last 3 years, Nippon India Small Cap Fund - Direct Plan - Growth Plan has given 32.93% return, outperforming this fund by 6.26% per annum.
Invesco India Smallcap 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 28.75% since inception which is more than its category average return of 21.54%
Fund Allocations
This fund has an allocation of 97.65% in Equity, 0% in Debt and 2.35% in Cash related instruments
AUM size ₹4581 Cr
This fund has AUM of ₹4581 Cr which is less than its category average of ₹ 7573 Cr
Expense Ratio 0.46%
This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 1.22%
Frequently Asked Questions
The current NAV of Invesco India Smallcap Fund Direct Growth is ₹42.4 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Invesco India Smallcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.1% | 3.1% |
6 Month Returns | 23.64% | 23.64% |
1 Year Returns | 53.77% | 53.77% |
3 Years Returns | 103.25% | 26.67% |
5 Years Returns | 337.62% | 34.34% |
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.
0.46% as on June 2024
₹4581 Cr as on June 2024
Century Textiles & Industries Ltd(3.12%), Jyoti CNC Automation Ltd(2.85%), 360 One Wam Ltd Ordinary Shares(2.85%), Bharat Dynamics Ltd Ordinary Shares(2.71%), Global Health Ltd(2.61%) as on June 2024
Industrial(23.66%), Financial Services(21.26%), Consumer Cyclical(15.22%) as on June 2024
The alpha ratio for the Invesco India Smallcap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Smallcap Fund Direct Growth | 12.96 | 5.12 | 3.7 |
As on June 2024
The alpha for Invesco India Smallcap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Smallcap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Smallcap Fund Direct Growth | 0.64 | 0.77 | 0.86 |
As on June 2024
The Beta for Invesco India Smallcap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smallcap 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 Smallcap Fund Direct Growth | 3.16 | 1.45 | 1.15 |
As on June 2024
The sharpe ratio for Invesco India Smallcap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smallcap 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 Smallcap Fund Direct Growth | 12.82 | 14.9 | 21.93 |
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 3.13 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.12 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Pranav Gokhale, Taher Badshah are the fund managers of Invesco India Smallcap Fund Direct Growth
The Exit load of Invesco India Smallcap Fund Direct Growth is 1%