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4 star

Invesco India Contra Fund - Direct Plan

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Equity: Value Oriented

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1 Lakh

Investment Grown to
₹ 1.52 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.24 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 17.76 -0.06 0.56 8.59 7.53 20.31 62.10 14.94 19.06 18.16 --
S&P BSE 100 TRI 14.87 0.05 0.55 8.21 6.30 18.32 61.29 14.57 15.86 12.71 --
Equity: Value Oriented 22.29 -0.02 0.59 8.53 8.72 24.87 71.80 12.45 15.35 14.62 --
Rank within category 16 12 9 9 12 16 14 4 1 1 --
Number of funds in category 18 18 18 18 18 18 17 15 14 13 1

As on 14-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Invesco India Contra Fund - Direct Plan  | Invest Online
4 star
 Jan-13 62.10 14.94 19.06 0.56 7,033
ICICI Prudential Value Discovery Fund - Direct Plan  | Invest Now
4 star
 Jan-13 64.43 14.90 14.34 1.31 19,189
UTI Value Opportunities Fund - Direct Plan  | Invest Online
4 star
 Jan-13 63.83 15.22 15.20 1.31 5,917
Nippon India Value Fund - Direct Plan  | Invest Online
4 star
 Jan-13 75.80 14.81 16.84 1.41 3,808
Kotak India EQ Contra Fund - Direct Plan  | Invest Online
5 star
 Jan-13 66.44 15.76 18.56 1.04 1,014

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 11.10 01-Apr-2020 - 09-Apr-2020 -17.74 11-Mar-2020 - 18-Mar-2020
Month 20.72 23-Mar-2020 - 22-Apr-2020 -36.52 20-Feb-2020 - 23-Mar-2020
Quarter 37.85 23-Mar-2020 - 22-Jun-2020 -32.79 23-Dec-2019 - 23-Mar-2020
Year 96.49 03-Sep-2013 - 03-Sep-2014 -30.41 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.24 23.03 0.52 0.59 1.02 0.13
S&P BSE 100 TRI 15.84 22.08 0.52 0.62 -- --
Equity: Value Oriented 13.89 23.97 0.40 0.46 1.04 -2.45
Rank within category 3 7 4 4 7 5
Number of funds in category 15 15 15 15 15 15

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 46
Top 10 Stocks (%) 48.19
Top 5 Stocks (%) 31.32
Top 3 Sectors (%) 57.05
Portfolio P/B Ratio 2.75
Portfolio P/E Ratio 22.43

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,08,993 1,06,045
Giant (%) 55.54 44.65
Large (%) 12.72 19.15
Mid (%) 17.92 25.31
Small (%) 13.82 13.06
Tiny (%) -- 0.03

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 24.18 9.14 4.72 8.80
equal HDFC Bank Financial 25.88 9.85 6.92 7.24
equal Infosys Technology 32.41 7.72 4.37 6.14
up Axis Bank Financial 31.67 4.93 0.00 4.87
equal Reliance Industries Energy 30.87 10.57 0.00 4.27
equal Sun Pharmaceutical Industries Healthcare 56.02 3.82 1.54 3.57
up Ultratech Cement Construction 35.37 3.72 0.00 3.49
equal State Bank of India Financial 17.13 3.49 0.00 3.40
up Larsen & Toubro Construction 18.39 5.30 0.00 3.29
down Tata Steel Metals 19.00 4.46 0.00 3.12
up Ashok Leyland Automobile -- 2.92 0.00 2.92
down Motherson Sumi Systems Automobile 75.17 2.86 0.00 2.75
up Tech Mahindra Technology 23.71 3.16 0.00 2.51
equal HCL Technologies Technology 24.09 3.06 0.00 2.45
equal ITC FMCG 19.44 6.97 0.00 2.22
equal Bharat Electronics Engineering 20.84 2.00 0.00 1.88
up Aurobindo Pharma Healthcare 10.89 1.86 0.00 1.86
equal UTI Asset Management Co. Financial 20.41 1.81 0.00 1.81
equal Birlasoft Technology 34.82 1.68 0.00 1.68
equal Bharat Petroleum Corporation Energy 6.52 3.49 0.00 1.56
equal Phoenix Mills Construction 268.86 1.94 0.00 1.52
equal DCB Bank Financial 10.35 1.59 0.00 1.45
up Cipla Healthcare 32.61 3.18 0.00 1.44
equal Petronet LNG Energy 11.90 3.42 0.00 1.40
equal Bharti Airtel Communication -- 5.27 0.00 1.37

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Dhimant Kothari since 19-May-2020

Education: Mr. Kothari is a Chartered Accountant and holds a Commerce degree.

Experience: In his last assignment, he was working as Senior Manager – Research with Credit Analysis and Research Ltd., His other assignments include Lotus India Asset Management and CRISIL Ltd.

Interviews:

Funds Managed:

— Taher Badshah since 13-Jan-2017

Education: Mr. Taher Badshah is a B.E (Electronics) and MMS (Finance) from University of Mumbai.

Experience: Prior to joining Invesco Asset Management Pvt. Ltd. he has worked with Motilal Oswal Asset Management Company Ltd., Aditya Birla Sun Life Mutual Fund, Kotak Mahindra and ICICI Prudential AMC.

Interviews:

Funds Managed:

Invest Online
-0.06%

Change from previous, NAV as on 14-Jun-2021

Growth: ₹ 77.7200

IDCW: ₹ 39.0300

Investment Strategy

The scheme seeks to generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Invesco Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 19.24%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 7,033 Cr (As on 31-May-2021)
Expense: 0.56% (As on 30-Apr-2021)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 82.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW26-Mar-20212.7500

 28-Mar-20192.0719
 23-Mar-20183.2500
 11-Apr-20172.6000
 22-Mar-20162.6500

Contact Information

AMC: Invesco Asset Management (India) Pvt. Ltd

Address: 2101 - A-A Wing - 21st Floor, Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai - 400013

Phone: 022-67310000 / 1800-209-0007

Fax: 022-23019422

Email: [email protected]

Website: http://www.invescomutualfund.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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