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5 star

Invesco India Contra Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.22 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.03 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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(₹)
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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 4.59 0.73 0.34 3.68 5.69 31.27 8.80 6.90 11.90 19.38 --
S&P BSE 100 TRI -0.93 0.24 -0.19 5.44 7.05 32.33 3.07 5.67 8.83 11.38 --
Equity: Value Oriented -0.34 0.56 0.60 4.20 8.20 30.87 2.95 0.36 7.08 14.17 --
Rank within category 3 7 12 13 14 8 1 1 1 1 --
Number of funds in category 17 17 17 17 17 17 17 14 14 13 1

As on 21-Oct-2020

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
5 star
Jan-13 8.80 6.90 11.90 0.56 4,967
Tata Equity PE Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.90 1.76 11.30 0.78 4,454
UTI Value Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.85 5.57 7.19 1.38 4,340
Kotak India EQ Contra Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.08 6.55 10.81 1.05 810
ICICI Prudential Value Discovery Fund - Direct Plan  | Invest Now
3 star
Jan-13 7.65 3.10 6.20 1.28 15,764

Best & Worst Performance

Best (Period) Worst (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 9.64 22.40 0.20 0.23 1.03 2.22
S&P BSE 100 TRI 7.35 21.09 0.11 0.12 -- --
Equity: Value Oriented 2.94 22.68 -0.09 -0.10 1.03 -4.48
Rank within category 1 7 1 1 8 1
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 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 45
Top 10 Stocks (%) 52.16
Top 5 Stocks (%) 37.61
Top 3 Sectors (%) 57.95
Portfolio P/B Ratio 2.79
Portfolio P/E Ratio 23.61

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 98,786 80,763
Giant (%) 55.30 44.19
Large (%) 11.63 20.79
Mid (%) 25.56 24.80
Small (%) 7.50 10.12
Tiny (%) -- 0.31

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
down Reliance Industries Energy 33.47 10.57 0.00 10.57
equal HDFC Bank Financial 22.98 9.15 6.25 8.32
equal Infosys Technology 27.07 7.39 3.80 7.23
up ICICI Bank Financial 28.07 9.14 4.09 6.71
up Bharti Airtel Communication -- 5.27 0.00 4.78
up Axis Bank Financial 91.28 4.92 0.00 4.09
equal Sun Pharmaceutical Inds. Healthcare 161.14 3.40 1.48 3.10
equal HCL Technologies Technology 19.28 3.97 0.00 2.98
up Ultratech Cement Construction 22.18 2.21 0.00 2.21
equal United Spirits FMCG 173.91 3.29 0.79 2.17
equal Central Depository Services Financial 38.89 1.97 0.00 1.97
equal Tech Mahindra Technology 19.84 3.16 0.00 1.94
equal Torrent Power Energy 11.85 2.30 0.00 1.88
equal ICICI Prudential Life Insurance Co. Ltd. Financial 55.55 2.01 0.00 1.86
equal Ajanta Pharma Healthcare 28.09 2.12 0.00 1.84
up Bharat Electronics Engineering 13.62 1.76 0.00 1.76
equal Phoenix Mills Construction 60.04 1.93 0.00 1.76
up M&M Financial Services Financial 8.86 1.70 0.00 1.69
new Larsen & Toubro Construction 15.63 5.30 0.00 1.56
equal Can Fin Homes Financial 15.95 1.56 0.00 1.56
up Power Grid Corporation Energy 9.99 1.52 0.00 1.52
down TVS Motor Co. Automobile 70.74 1.60 0.00 1.48
equal Motherson Sumi Systems Automobile -- 1.72 0.00 1.44
equal Aditya Birla Fashion and Retail Services -- 1.72 0.00 1.39
equal Cipla Healthcare 37.10 3.66 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 30-Sep-2020

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.

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:


0.73%

Change from previous, NAV as on 21-Oct-2020

Growth: ₹ 56.2900

Dividend: ₹ 30.5000


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 (₹) --
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: 16.10%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 4,967 Cr (As on 30-Sep-2020)
Expense: 0.56% (As on 30-Sep-2020)
Risk Grade: Below Average
Return Grade: High
Turnover: 74.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend28-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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