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5 star

Invesco India Mid Cap Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.29 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.05 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 8.13 2.59 1.58 0.38 14.94 38.50 14.62 8.77 11.66 21.82 --
S&P BSE 150 MidCap TRI 4.73 2.54 1.10 -1.77 13.30 45.40 11.49 2.48 9.60 17.50 --
Equity: Mid Cap 4.70 2.34 1.07 -1.40 13.99 39.45 8.80 3.60 8.84 19.46 --
Rank within category 6 6 5 4 7 16 3 3 3 3 --
Number of funds in category 26 27 27 27 27 26 25 21 19 17 0

As on 28-Sep-2020

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
5 star
Jan-13 14.62 8.77 11.66 0.96 935
DSP Midcap Fund - Direct Plan  | Invest Online
5 star
Jan-13 13.86 6.71 12.73 1.01 7,883
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.66 4.96 11.10 0.62 7,300
Axis Midcap Fund - Direct Plan  | Invest Online
5 star
Jan-13 11.98 12.81 11.74 0.58 6,307
L&T Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 8.60 2.02 10.56 0.74 5,791

Best & Worst Performance

Best (Period) Worst (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 9.63 22.62 0.20 0.21 0.85 4.39
S&P BSE 150 MidCap TRI 5.26 26.02 0.00 0.01 -- --
Equity: Mid Cap 5.51 23.54 0.02 0.03 0.88 0.27
Rank within category 2 6 2 2 7 2
Number of funds in category 22 22 22 22 22 22

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

As on 31-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Stocks (%) 32.52
Top 5 Stocks (%) 17.50
Top 3 Sectors (%) 41.29
Portfolio P/B Ratio 4.09
Portfolio P/E Ratio 27.39

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 20,620 18,222
Giant (%) 5.57 6.05
Large (%) 5.64 7.82
Mid (%) 84.88 79.12
Small (%) 3.91 9.92
Tiny (%) -- 0.65

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 Balkrishna Industries Automobile 30.63 4.20 0.00 4.14
equal Coromandel International Chemicals 18.79 5.07 0.00 3.84
up Indraprastha Gas Energy 27.21 5.29 0.00 3.41
equal Muthoot Finance Financial 12.76 3.64 0.00 3.06
equal Voltas Cons Durable 52.69 3.49 0.00 3.05
up Gujarat Gas Chemicals 20.29 3.05 0.00 3.05
up ICICI Bank Financial 24.61 4.11 0.00 3.03
equal Apollo Hospitals Healthcare 151.21 4.53 0.00 3.03
up AIA Engineering Metals 28.05 3.04 1.64 3.01
equal Syngene International Healthcare 59.09 3.19 0.00 2.90
equal Hexaware Technologies Technology 20.65 2.94 0.00 2.86
equal Jubilant FoodWorks Services 237.88 2.87 0.00 2.83
equal Bharat Electronics Engineering 14.24 2.70 0.00 2.70
equal Ajanta Pharma Healthcare 27.65 3.51 0.00 2.63
equal Whirlpool Cons Durable 85.32 4.47 0.00 2.59
equal L&T Technology Services Engineering 23.54 2.66 0.00 2.58
equal TVS Motor Co. Automobile 74.99 2.44 0.00 2.44
up Phoenix Mills Construction 59.90 2.31 0.00 2.31
equal ICICI Lombard General Insurance Company Financial 44.94 2.72 0.00 2.30
equal Vinati Organics Chemicals 42.81 3.63 1.89 2.26
up Bharti Airtel Communication -- 2.49 0.00 2.26
equal Torrent Power Energy 11.99 2.62 0.00 2.21
down PI Industries Chemicals 59.29 2.54 0.00 2.18
equal The Ramco Cements Construction 33.13 2.63 0.00 2.13
equal Sanofi India Healthcare 43.91 4.08 0.00 2.02

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-Aug-2020

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:


2.59%

Change from previous, NAV as on 28-Sep-2020

Growth: ₹ 60.5400

Dividend: ₹ 26.7700


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 (₹) --
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: 17.21%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 935 Cr (As on 31-Aug-2020)
Expense: 0.96% (As on 31-Aug-2020)
Risk Grade: Low
Return Grade: Above Average
Turnover: 64.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend07-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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