Invesco India Mid Cap Fund Direct Plan Growth Option
Equity
Direct
Mid-Cap
NAV: ₹ 161.01 as on 03-05-2024
About the Fund
Invesco India Mid Cap Fund Direct Plan Growth Option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Amit Ganatra, Pranav Gokhale. The fund could potentially beat inflation in the long-run.
Key Parameters
- Invesco India Mid Cap Fund Direct Plan Growth Option has ₹5517 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Fund Performance
2034 people have invested ₹ 1.4Cr in Invesco India Mid Cap Fund Direct Plan Growth Option in the last three months
Overview
 | 0.61% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹5517 Cr |
 | 1 January, 2013 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 63.99% |
Invesco India Mid Cap Fund Direct Plan Growth Option Distribution as on (31-Mar-24)
Size breakup
Mid cap
64.2%
Small cap
20.3%
Large cap
14.5%
Sector Allocation
Consumer Cyclical
28.5%
Financial Services
19.9%
Industrial
14.9%
Health
13.5%
Tech
8.4%
Real Estate
6.2%
Basic Materials
4.6%
Utilities
2%
Consumer Defensive
1.9%
Top Holdings of Invesco India Mid Cap Fund Direct Plan Growth Option as on (30-Apr-24)
Equity Holdings49
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 13% |
 Dixon Technologies (India) Ltd | 10.8% |
 Apollo Tyres Ltd | 9.3% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.99% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 2.15% in Mar'24
AUM Change
- AUM of the fund stands at 5.5K Cr as of Mar'24
- AUM increased by 1.3K Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.61% which is lower than the category average expense ratio of 1.17%.
In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 73.52% return, outperforming this fund by 22.02%.
Over the last 1 month, this fund has increased expense ratio by 5.2% moving from 0.58 to 0.61.
In the last 3 years, Quant Mid Cap Fund Growth Option Direct Plan has given 38.33% return, outperforming this fund by 11.38% per annum.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 35.4% return, outperforming this fund by 10.35% per annum.
Over the last 3 months, this fund has experienced a 39.0% growth in AUM moving from 3.96K Cr to 5.51K Cr.
INDmoney Rank
Powered by IND quant engine
7
/19
58% Performance
37% Risk Management
83% Cost
7 out of 19 among mid-cap
Pros
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Amit Ganatra
Fund Manager of Invesco India Mid Cap Fund Direct Plan Growth Option, since 1 September 2023
Top funds managed
Pranav Gokhale
Fund Manager of Invesco India Mid Cap Fund Direct Plan Growth Option, since 29 March 2018
Top funds managed
Invesco India Mid Cap Fund Direct Plan Growth Option 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 21.54% since inception which is more than its category average return of 19.32%
Fund Allocations
This fund has an allocation of 99.07% in Equity, 0% in Debt and 0.93% in Cash related instruments
AUM size ₹5517 Cr
This fund has AUM of ₹5517 Cr which is less than its category average of ₹ 7349 Cr
Expense Ratio 0.61%
This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Invesco India Mid Cap Fund Direct Plan Growth Option is ₹161.01 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
Invesco India Mid Cap Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 2.84% | 2.84% |
6 Month Returns | 27.84% | 27.84% |
1 Year Returns | 51.5% | 51.5% |
3 Years Returns | 104.59% | 26.95% |
5 Years Returns | 205.75% | 25.05% |
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0.61% as on April 2024
₹5517 Cr as on April 2024
Trent Ltd(5.04%), Max Healthcare Institute Ltd Ordinary Shares(4.3%), Cholamandalam Investment and Finance Co Ltd(4.27%), The Federal Bank Ltd(4.03%), L&T Finance Holdings Ltd(3.65%) as on April 2024
Consumer Cyclical(28.28%), Financial Services(19.69%), Industrial(14.79%) as on April 2024
The alpha ratio for the Invesco India Mid Cap Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Invesco India Mid Cap Fund Direct Plan Growth Option | 0.89 | 1.44 | 2.34 |
As on April 2024
The alpha for Invesco India Mid Cap Fund Direct Plan Growth Option is calculated against S&P BSE Midcap 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 Mid Cap Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Invesco India Mid Cap Fund Direct Plan Growth Option | 0.77 | 0.85 | 0.86 |
As on April 2024
The Beta for Invesco India Mid Cap Fund Direct Plan Growth Option is calculated with S&P BSE Midcap 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 Mid Cap Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Invesco India Mid Cap Fund Direct Plan Growth Option | 3.56 | 1.45 | 1 |
As on April 2024
The sharpe ratio for Invesco India Mid Cap Fund Direct Plan Growth Option is calculated with S&P BSE Midcap 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 Mid Cap Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Invesco India Mid Cap Fund Direct Plan Growth Option | 10.25 | 13.63 | 18.99 |
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.
Sortino ratio is 2.94 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Amit Ganatra, Pranav Gokhale are the fund managers of Invesco India Mid Cap Fund Direct Plan Growth Option
The Exit load of Invesco India Mid Cap Fund Direct Plan Growth Option is 1%