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4 star

Invesco India Mid Cap Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.41 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.96 Lakh

Suitability:

When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

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 mid-cap fund, if you need to redeem your investment in less than seven 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 7.60 0.04 -0.77 -2.58 1.78 26.67 57.59 12.13 16.67 20.09 --
S&P BSE 150 MidCap TRI 14.18 0.44 -0.16 0.13 7.22 37.63 79.57 9.12 15.71 19.32 --
Equity: Mid Cap 10.54 0.22 -0.53 -0.60 5.34 32.26 68.98 9.65 14.95 18.99 --
Rank within category 24 24 24 26 25 25 23 5 4 5 --
Number of funds in category 27 30 30 29 27 27 27 22 19 19 0

As on 20-Apr-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Invesco India Mid Cap Fund - Direct Plan  | Invest Online
4 star
Jan-13 57.59 12.13 16.67 0.74 1,389
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 77.08 12.76 17.79 0.55 10,938
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 56.29 10.50 16.49 0.85 10,916
Axis Midcap Fund - Direct Plan
5 star
Jan-13 56.57 16.79 18.47 0.50 10,432
Nippon India Growth Fund - Direct Plan  | Invest Online
4 star
Jan-13 66.84 10.92 15.93 1.22 9,031

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.32 16-May-2014 - 23-May-2014 -19.23 16-Mar-2020 - 23-Mar-2020
Month 20.13 07-May-2014 - 06-Jun-2014 -34.09 20-Feb-2020 - 23-Mar-2020
Quarter 35.30 13-Mar-2014 - 12-Jun-2014 -25.99 23-Dec-2019 - 23-Mar-2020
Year 107.47 03-Sep-2013 - 03-Sep-2014 -23.18 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.83 23.43 0.57 0.59 0.84 4.50
S&P BSE 150 MidCap TRI 15.02 27.30 0.39 0.43 -- --
Equity: Mid Cap 15.02 24.69 0.43 0.48 0.88 1.24
Rank within category 4 7 4 5 7 4
Number of funds in category 23 23 23 23 23 23

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

As on 31-Mar-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 45
Top 10 Stocks (%) 32.97
Top 5 Stocks (%) 18.11
Top 3 Sectors (%) 49.21
Portfolio P/B Ratio 3.69
Portfolio P/E Ratio 31.81

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 23,708 23,285
Giant (%) 3.63 4.32
Large (%) 6.88 8.01
Mid (%) 82.49 78.79
Small (%) 6.99 10.06
Tiny (%) -- 0.32

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
up Voltas Cons Durable 69.80 3.78 0.00 3.78
up Mphasis Technology 24.79 3.68 0.00 3.68
up Sundram Fasteners Engineering 52.10 3.63 0.00 3.63
up Endurance Technologies Automobile 41.24 3.53 0.00 3.53
up Gland Pharma Healthcare 55.94 3.49 0.00 3.49
up Honeywell Automation Engineering 83.87 3.27 0.00 3.27
up AIA Engineering Metals 30.47 3.09 1.64 2.93
up Vinati Organics Chemicals 59.64 2.91 1.89 2.90
equal Coromandel International Chemicals 15.38 5.07 0.00 2.89
up Minda Industries Automobile 182.21 2.87 0.00 2.87
up MRF Automobile 20.73 3.96 0.00 2.82
up Gujarat Gas Chemicals 31.83 3.05 0.00 2.78
up Bharat Electronics Engineering 17.03 2.74 0.00 2.74
down L&T Technology Services Engineering 40.69 3.86 0.00 2.67
up Whirlpool Cons Durable 86.85 4.47 0.00 2.64
down Jindal Steel & Power Metals 21.24 2.81 0.00 2.63
up City Union Bank Financial 30.30 4.12 1.67 2.61
equal JB Chemicals & Pharma Healthcare 25.10 2.61 0.00 2.61
equal PNC Infratech Services 13.88 2.78 0.96 2.58
down Balkrishna Industries Automobile 30.77 4.37 0.00 2.53
up JK Cement Construction 33.81 2.51 0.00 2.51
new Cholamandalam Invest. & Fin. Financial 33.54 4.27 0.00 2.22
up Persistent Systems Technology 36.74 2.07 0.00 2.07
equal Supreme Industries Chemicals 39.12 3.17 0.00 2.02
equal RBL Bank Financial 18.35 4.98 0.00 1.99

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-Mar-2021

Fund Manager

— Neelesh Dhamnaskar since 18-Jul-2018

Education: Mr. Dhamnaskar is a B.Com (H)and MMS (Finance).

Experience: Prior to joining Invesco Mutual Fund, he has worked with ENAM Securities Direct Pvt. Ltd. and KR Choksey Shares and Securities Pvt. Ltd. He has also worked with Anand Rathi Ltd., as Commodity Research Analyst.

Funds Managed:

— Pranav Gokhale since 29-Mar-2018

Education: Mr. Gokhale is a Chartered Accountant & holds M.Com degree.

Experience: Prior to joining Invesco Mutual Fund, he has worked with IL&FS, ICICI Direct, Rosy Blue Securities Pvt. Ltd., and International Ship Repair LLC Fujairiah.

Interviews:

Funds Managed:


0.04%

Change from previous, NAV as on 20-Apr-2021

Growth: ₹ 75.9900

IDCW: ₹ 30.7500


Investment Strategy

The scheme seeks to generate capital appreciation by investing predominantly in Midcap companies

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: 19.18%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,389 Cr (As on 31-Mar-2021)
Expense: 0.74% (As on 31-Mar-2021)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 79.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW12-Mar-20213.0000

 07-Feb-20202.2135
 11-Jan-20192.2135
 28-Mar-20183.2500
 19-Apr-20172.9000
 22-Mar-20162.7500
 06-Feb-20152.9000

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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DateFriday, 23-Apr-2021
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