Invesco India Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV: ₹ 16.68 as on 02-05-2024
About the Fund
Invesco India Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 7 March, 2019. The fund is managed by Dhimant Kothari, Krishna Cheemalapati, Amit Nigam. This fund gives you the benefit of diversification.
Key Parameters
- Invesco India Equity Savings Fund Direct Growth has ₹157 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Fund Performance
11 people have invested ₹ 36.2K in Invesco India Equity Savings Fund Direct Growth in the last three months
Overview
 | 0.65% |
 Benchmark | NIFTY Equity Savings TR INR |
 | ₹157 Cr |
 | 7 March, 2019 |
 | ₹1000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 92.79% |
Invesco India Equity Savings Fund Direct Growth Distribution as on (31-Mar-24)
Sector Allocation
Financial Services
33%
Health
21%
Consumer Defensive
15.2%
Consumer Cyclical
8.7%
Basic Materials
8.5%
Industrial
6.4%
Tech
5.3%
Real Estate
1.1%
Utilities
0.9%
Top Holdings of Invesco India Equity Savings Fund Direct Growth as on (30-Apr-24)
Equity Holdings52
Debt Holdings5
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 156.5 Cr as of Mar'24
- AUM increased by 15 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 24.32% return, outperforming this fund by 1.47%.
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.89% return, outperforming this fund by 3.84% per annum.
Over the last 3 months, this fund has experienced a 20.3% growth in AUM moving from 130.13 Cr to 156.51 Cr.
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.74% return, outperforming this fund by 3.41% per annum.
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.65% which is lower than the category average expense ratio of 1.06%.
Peer Analysis
Fund Manager
Dhimant Kothari
Fund Manager of Invesco India Equity Savings Fund Direct Growth, since 19 May 2020
Top funds managed
Krishna Cheemalapati
Fund Manager of Invesco India Equity Savings Fund Direct Growth, since 7 March 2019
Top funds managed
Amit Nigam
Fund Manager of Invesco India Equity Savings Fund Direct Growth, since 3 September 2020
Top funds managed
Invesco India Equity Savings Fund Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 10.4% since inception which is more than its category average return of 8.05%
Fund Allocations
This fund has an allocation of 31.68% in Equity, 14.85% in Debt and 53.44% in Cash related instruments
AUM size ₹157 Cr
This fund has AUM of ₹157 Cr which is less than its category average of ₹ 1220 Cr
Expense Ratio 0.65%
This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.16%
Frequently Asked Questions
The current NAV of Invesco India Equity Savings Fund Direct Growth is ₹16.68 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Invesco India Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.79% | 2.79% |
6 Month Returns | 13.34% | 13.34% |
1 Year Returns | 22.85% | 22.85% |
3 Years Returns | 36.94% | 11.05% |
5 Years Returns | 63.49% | 10.33% |
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.
0.65% as on April 2024
₹157 Cr as on April 2024
Invesco India Shrt DurDir Gr(10.43%), Sun Pharmaceuticals Industries Ltd(8.91%), United Spirits Ltd(7.41%), HDFC Bank Ltd(6.28%), State Bank of India(5.05%) as on April 2024
Cash Equivalent(52.61%), Financial Services(10.44%), Government(9.41%) as on April 2024
AAA | 100 |
Dhimant Kothari, Krishna Cheemalapati, Amit Nigam are the fund managers of Invesco India Equity Savings Fund Direct Growth
The Exit load of Invesco India Equity Savings Fund Direct Growth is 0.25%