Invesco India Invesco Global Equity Income Fund of Fund Dir Growth
Equity
Direct
Global - Other
NAV: ₹ 25.62 as on 30-04-2024
About the Fund
Invesco India Invesco Global Equity Income Fund of Fund Dir Growth is an equity fund. This fund was started on 5 May, 2014. The fund is managed by Amit Nigam. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Invesco Global Equity Income Fund of Fund Dir Growth has ₹21 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.9.
Fund Performance
60 people have invested ₹ 3.9L in Invesco India Invesco Global Equity Income Fund of Fund Dir Growth in the last three months
Overview
 | 0.91% |
 Benchmark | MSCI World NR LCL |
 | ₹21 Cr |
 | 5 May, 2014 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 5.49% |
Invesco India Invesco Global Equity Income Fund of Fund Dir Growth Distribution as on (31-Dec-69)
Size breakup
Large cap
68.5%
Mid cap
20.3%
Small cap
2.7%
Sector Allocation
Financial Services
20.2%
Tech
16.5%
Industrial
16.1%
Consumer Cyclical
11.3%
Consumer Defensive
11%
Health
8.5%
Real Estate
6.1%
Communication
3.9%
Basic Materials
3.8%
Energy
2.6%
Top Holdings of Invesco India Invesco Global Equity Income Fund of Fund Dir Growth as on (30-Apr-24)
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Invesco Global Equity Income C USD Acc | 98.11% | 0% |
Mutual Fund Insights
In the last 3 years, Kotak NASDAQ 100 Fund of Fund Direct Growth has given 12.92% return, outperforming this fund by 1.11% per annum.
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 95.58% return, outperforming this fund by 73.19%.
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 21.5% return, outperforming this fund by 7.99% per annum.
Over the last 6 months, this fund has experienced a 17.0% growth in AUM moving from 17.53 Cr to 20.52 Cr.
This fund expense ratio is slightly on the lower side within the category (global - other). Its expense ratio is 0.91% which is lower than the category average expense ratio of 1.07%.
INDmoney Rank
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IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Amit Nigam
Fund Manager of Invesco India Invesco Global Equity Income Fund of Fund Dir Growth, since 9 July 2022
Top funds managed
Invesco India Invesco Global Equity Income Fund of Fund Dir 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 9.98% since inception which is more than its category average return of 6.93%
Fund Allocations
This fund has an allocation of 91.51% in Equity, 0% in Debt and 1.62% in Cash related instruments
AUM size ₹21 Cr
This fund has AUM of ₹21 Cr which is less than its category average of ₹ 511 Cr
Expense Ratio 0.91%
This fund has an expense ratio of 0.91% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Invesco India Invesco Global Equity Income Fund of Fund Dir Growth is ₹25.62 as on 30-Apr-2024.
Existing (Absolute + CAGR) as on 30-Apr-2024.
Invesco India Invesco Global Equity Income Fund of Fund Dir Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.37% | -0.37% |
6 Month Returns | 20.6% | 20.6% |
1 Year Returns | 22.39% | 22.39% |
3 Years Returns | 39.8% | 11.81% |
5 Years Returns | 88.48% | 13.52% |
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0.91% as on April 2024
₹21 Cr as on April 2024
Financial Services(18.49%), Tech(15.11%), Industrial(14.75%) as on April 2024
The alpha ratio for the Invesco India Invesco Global Equity Income Fund of Fund Dir Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Invesco Global Equity Income Fund of Fund Dir Growth | - | - | - |
As on April 2024
The alpha for Invesco India Invesco Global Equity Income Fund of Fund Dir Growth is calculated against MSCI World NR LCL. 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 Invesco Global Equity Income Fund of Fund Dir Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Invesco Global Equity Income Fund of Fund Dir Growth | - | - | - |
As on April 2024
The Beta for Invesco India Invesco Global Equity Income Fund of Fund Dir Growth is calculated with MSCI World NR LCL. 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 Invesco Global Equity Income Fund of Fund Dir Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Invesco India Invesco Global Equity Income Fund of Fund Dir Growth | - | - | - |
As on April 2024
The sharpe ratio for Invesco India Invesco Global Equity Income Fund of Fund Dir Growth is calculated with MSCI World NR LCL. 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 Invesco Global Equity Income Fund of Fund Dir Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Invesco India Invesco Global Equity Income Fund of Fund Dir Growth | 14.19 | 15.85 | 17.85 |
As on April 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.
Amit Nigam is the fund manager of Invesco India Invesco Global Equity Income Fund of Fund Dir Growth
The Exit load of Invesco India Invesco Global Equity Income Fund of Fund Dir Growth is 1%