Dezerv

Fund Overview

Fund Size

Fund Size

₹909 Cr

Expense Ratio

Expense Ratio

1.01%

ISIN

ISIN

INF205K01KY4

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

01 Jan 2013

About this fund

Invesco India Financial Services Fund Direct Growth is a Sector - Financial Services mutual fund schemes offered by Invesco Mutual Fund. This fund has been in existence for 11 years, 6 months and 11 days, having been launched on 01-Jan-13.
As of 11-Jul-24, it has a Net Asset Value (NAV) of ₹145.55, Assets Under Management (AUM) of 908.63 Crores, and an expense ratio of 1.01%.
  • Invesco India Financial Services Fund Direct Growth has given a CAGR return of 16.86% since inception.
  • The fund's asset allocation comprises around 96.85% in equities, 0.00% in debts, and 3.15% in cash & cash equivalents.
  • You can start investing in Invesco India Financial Services Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+38.67%

+23.54% (Cat Avg.)

3 Years

+20.36%

+17.72% (Cat Avg.)

5 Years

+17.56%

+13.71% (Cat Avg.)

10 Years

+18.20%

+13.26% (Cat Avg.)

Since Inception

+16.86%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity880.05 Cr96.85%
Others28.58 Cr3.15%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LtdEquity187.64 Cr20.65%
HDFC Bank LtdEquity89.04 Cr9.80%
Axis Bank LtdEquity81.73 Cr8.99%
State Bank of IndiaEquity71.21 Cr7.84%
Triparty RepoCash - Repurchase Agreement36.26 Cr3.99%
Computer Age Management Services Ltd Ordinary SharesEquity33.54 Cr3.69%
Cholamandalam Investment and Finance Co LtdEquity32.25 Cr3.55%
Equitas Small Finance Bank Ltd Ordinary SharesEquity30.29 Cr3.33%
PB Fintech LtdEquity28.33 Cr3.12%
SBI Life Insurance Company LimitedEquity27.63 Cr3.04%
REC LtdEquity27.44 Cr3.02%
ICICI Lombard General Insurance Co LtdEquity26.96 Cr2.97%
360 One Wam Ltd Ordinary SharesEquity22.38 Cr2.46%
Central Depository Services (India) LtdEquity22.21 Cr2.44%
Karur Vysya Bank LtdEquity21.45 Cr2.36%
Bank of BarodaEquity20 Cr2.20%
The Federal Bank LtdEquity18.49 Cr2.03%
Multi Commodity Exchange of India LtdEquity16.96 Cr1.87%
IndusInd Bank LtdEquity16.87 Cr1.86%
Medi Assist Healthcare Services LtdEquity16.23 Cr1.79%
Home First Finance Co India Ltd ---Equity15.86 Cr1.75%
CreditAccess Grameen Ltd Ordinary SharesEquity15.27 Cr1.68%
Indian BankEquity9.54 Cr1.05%
Angel One Ltd Ordinary SharesEquity8.8 Cr0.97%
Union Bank of IndiaEquity8.56 Cr0.94%
BSE LtdEquity7.8 Cr0.86%
Net Receivables / (Payables)Cash - Collateral-7.68 Cr0.85%
AU Small Finance Bank LtdEquity7.63 Cr0.84%
SBI Cards and Payment Services Ltd Ordinary SharesEquity6.8 Cr0.75%
Can Fin Homes LtdEquity6.01 Cr0.66%
AAVAS Financiers LtdEquity3.15 Cr0.35%

Allocation By Market Cap (Equity)

Large Cap Stocks

65.61%

Mid Cap Stocks

8.72%

Small Cap Stocks

22.52%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services830.28 Cr91.38%
Technology33.54 Cr3.69%
Healthcare16.23 Cr1.79%

Risk & Performance Ratios

Standard Deviation

This fund

15.20%

Cat. avg.

16.57%

Lower the better

Sharpe Ratio

This fund

0.93

Cat. avg.

0.55

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.98

Higher the better

Fund Managers

DK

Dhimant Kothari

Since June 2018

HJ

Hiten Jain

Since May 2020

Additional Scheme Detailsas of 30th June 2024

ISIN
INF205K01KY4
Expense Ratio
1.01%
Exit Load
1.00%
Fund Size
₹909 Cr
Age
01 Jan 2013
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty Financial Services TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Sector - Financial Services Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹9.45 Cr15.1%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2759.48 Cr64.0%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1477.69 Cr64.1%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2535.06 Cr17.6%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹274.29 Cr17.5%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.9%1.0%₹7671.24 Cr22.9%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.2%1.0%₹1140.83 Cr25.0%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5932.60 Cr26.9%

About the AMC

Total AUM

₹89,845 Cr

Address

Unit No: 2101 A, 21st floor, A – Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai – 400 013 Maharashtra, India

Other Funds by Invesco Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Invesco India Fixed Maturity Plan Series 34 Plan C Direct Growth

Moderate Risk

-0.0%--
Invesco India Fixed Maturity Plan Series 35 Plan C Direct Growth

Moderate Risk

----
Invesco India Fixed Maturity Plan Series 35 Plan B Direct Growth

Moderate Risk

----
Invesco India Fixed Maturity Plan series 33 Plan C Direct Growth

Moderate Risk

-0.0%--
Invesco India Fixed Maturity Plan Series 33 Plan E Direct Growth

Moderate Risk

-0.0%--
Invesco India Fixed Maturity Plan series 32 Plan F Direct Growth

Moderate Risk

-0.0%--
Invesco India Fixed Maturity Plan Series 34 Plan B Direct Growth

Moderate Risk

-0.0%--
Invesco India Fixed Maturity Plan Series 35 Plan D Direct Growth

Moderate Risk

----
Invesco India Fixed Maturity Plan Series 35 Plan A Direct Growth

Moderate Risk

-0.0%--
Invesco India Equity Savings Fund Direct Growth

Moderately High risk

0.9%0.0%₹208.22 Cr22.6%
Invesco India Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹691.69 Cr7.5%
Invesco India PSU Equity Fund Direct Growth

Very High Risk

0.9%1.0%₹1362.76 Cr99.4%
Invesco India Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹455.71 Cr7.4%
Invesco India Tax Plan Direct Growth

Very High Risk

0.8%0.0%₹2638.99 Cr44.7%
Invesco India Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1262.23 Cr7.4%
Invesco India Growth Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹5841.17 Cr56.4%
Invesco India Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹3529.39 Cr7.5%
Invesco India Financial Services Fund Direct Growth

Very High Risk

1.0%1.0%₹908.63 Cr38.7%
Invesco India largecap Fund Direct Growth

Very High Risk

0.8%0.0%₹1145.78 Cr39.8%
Invesco India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4009.53 Cr7.4%
Invesco India Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹576.77 Cr9.8%
Invesco India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹16489.73 Cr8.6%
Invesco India Contra Fund Direct Growth

Very High Risk

0.5%1.0%₹16188.07 Cr49.8%
Invesco India Gold Fund Direct Growth

High Risk

0.8%0.0%₹74.10 Cr22.2%
Invesco India Balanced Advantage Fund Direct Growth

Very High Risk

0.9%0.0%₹728.74 Cr28.6%
Invesco India Infrastructure Fund Direct Growth

Very High Risk

0.8%1.0%₹1470.26 Cr85.1%
Invesco India Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹8802.13 Cr7.4%
Invesco India Multicap Fund Direct Growth

Very High Risk

0.7%1.0%₹3622.96 Cr46.4%
Invesco India Mid Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹5216.03 Cr56.5%
Invesco India - Invesco Pan European Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹36.03 Cr10.5%
Invesco India Smallcap Fund Direct Growth

Very High Risk

0.5%1.0%₹4580.54 Cr57.6%
Invesco India Focused 20 Equity Fund Direct Growth

Very High Risk

0.6%1.0%₹2565.53 Cr67.4%
Invesco India Equity & Bond Fund Direct Growth

Very High Risk

0.8%1.0%₹452.05 Cr39.6%
Invesco India - Invesco EQQQ NASDAQ-100 ETF Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹415.47 Cr36.8%
Invesco India Credit Risk Fund Direct Growth

Moderate Risk

0.3%4.0%₹140.83 Cr9.5%
Invesco India Invesco Global Consumer Trends Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹309.15 Cr11.7%
Invesco India Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹122.86 Cr7.5%
Invesco India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹374.59 Cr6.8%
Invesco India ESG Equity Fund Direct Growth

Very High Risk

1.0%1.0%₹527.33 Cr35.3%
Invesco India Nifty G-sec Sep 2032 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹44.99 Cr7.8%
Invesco India Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1874.68 Cr53.1%
Invesco India Nifty G-sec Jul 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹66.01 Cr7.5%
Invesco India - Invesco Global Equity Income Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹21.36 Cr21.0%
Invesco India Medium Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹238.94 Cr7.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Invesco India Financial Services Fund Direct Growth, as of 11-Jul-2024, is ₹145.55.
The fund has generated 38.67% over the last 1 year and 20.36% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 96.85% in equities, 0.00% in bonds, and 3.15% in cash and cash equivalents.
The fund managers responsible for Invesco India Financial Services Fund Direct Growth are:-
  1. Dhimant Kothari
  2. Hiten Jain