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5 star

Invesco India Contra Fund


Equity: Value Oriented

1 Lakh

Investment Grown to
₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.75 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 -2.73 -1.20 -1.20 3.90 13.81 -3.19 7.24 5.25 8.06 18.71 11.49
S&P BSE 100 TRI* -7.71 1.74 -1.23 4.76 19.65 -6.57 2.03 3.62 6.65 11.80 8.60
Equity: Value Oriented* -9.00 1.26 -0.02 4.73 19.26 -9.60 -1.26 -2.26 3.50 11.98 8.26

As on 03-Aug-2020

* As on 04-Aug-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  | Invest Online
5 star
Apr-07 7.24 5.25 8.06 1.98 4,662
Tata Equity PE Fund - Regular Plan  | Invest Online
4 star
Jun-04 1.06 -0.35 6.92 1.96 4,262
UTI Value Opportunities Fund - Regular Plan  | Invest Online
4 star
Jul-05 5.34 2.78 4.18 1.84 4,017
Kotak India EQ Contra Fund - Regular Plan  | Invest Online
4 star
Jul-05 2.86 4.03 7.01 2.44 775
ICICI Prudential Value Discovery Fund  | Invest Now
3 star
Aug-04 5.00 1.63 3.91 1.90 14,736

Best & Worst Performance

Best (Period) Worst (Period)
Week 19.95 (14-May-2009 - 21-May-2009) -18.90 (20-Oct-2008 - 27-Oct-2008)
Month 36.46 (11-May-2009 - 10-Jun-2009) -36.57 (20-Feb-2020 - 23-Mar-2020)
Quarter 80.00 (09-Mar-2009 - 10-Jun-2009) -38.48 (02-Sep-2008 - 02-Dec-2008)
Year 135.71 (09-Mar-2009 - 10-Mar-2010) -51.89 (03-Dec-2007 - 02-Dec-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.93 22.32 0.12 0.14 1.03 2.10
S&P BSE 100 TRI 5.82 21.07 0.03 0.03 -- --
Equity: Value Oriented 0.59 22.46 -0.20 -0.22 1.02 -5.24

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

As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 48.63
Top 5 Stocks (%) 36.20
Top 3 Sectors (%) 51.80
Portfolio P/B Ratio 2.83
Portfolio P/E Ratio 21.91

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 82,455 74,542
Giant (%) 52.17 46.77
Large (%) 12.95 19.20
Mid (%) 27.13 23.17
Small (%) 7.76 12.22
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
equal Reliance Industries Energy 34.24 9.07 0.00 9.07
equal HDFC Bank Financial 20.09 9.15 6.25 8.93
equal ICICI Bank Financial 22.35 9.14 4.09 6.88
equal Infosys Technology 23.76 7.09 3.80 6.39
equal Bharti Airtel Communication -- 5.27 0.00 4.93
equal Sun Pharmaceutical Inds. Healthcare 175.67 3.40 1.21 3.13
new Axis Bank Financial 71.57 4.93 0.00 2.44
up United Spirits FMCG 194.15 3.29 0.71 2.41
equal Apollo Hospitals Healthcare 50.59 2.58 0.00 2.27
equal HCL Technologies Technology 15.98 4.54 0.00 2.18
equal Torrent Power Energy 13.63 2.30 0.00 2.04
down Maruti Suzuki India Automobile 47.65 5.44 0.00 1.98
down NTPC Energy 12.60 3.71 0.00 1.85
equal Ajanta Pharma Healthcare 28.94 2.12 0.00 1.72
down Escorts Automobile 31.67 1.95 0.00 1.66
equal Muthoot Finance Financial 16.43 1.76 0.00 1.64
down Coromandel International Chemicals 18.26 3.50 0.00 1.62
equal Bharat Electronics Engineering 14.65 1.68 0.00 1.57
equal TVS Motor Co. Automobile 63.47 1.54 0.00 1.51
equal Ultratech Cement Construction 21.67 1.66 0.00 1.49
equal Hexaware Technologies Technology 17.19 1.94 0.00 1.40
equal Gujarat Gas Chemicals 17.78 1.40 0.00 1.40
down Cipla Healthcare 37.22 3.66 0.00 1.35
equal Eicher Motors Automobile 31.39 1.32 0.00 1.32
equal ICICI Prudential Life Insurance Co. Ltd. Financial 60.88 1.30 0.00 1.30

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-Jun-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:


1.63%

Change from previous, NAV as on 04-Aug-2020

Growth: ₹ 48.5000

Dividend: ₹ 23.9000


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: 11-Apr-2007
Return Since Launch: 12.45%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 4,662 Cr (As on 30-Jun-2020)
Expense: 1.98% (As on 30-Jun-2020)
Risk Grade: Average
Return Grade: High
Turnover: 78.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend28-Mar-20192.0719

 23-Mar-20183.2500
 11-Apr-20172.6000
 22-Mar-20162.6500
 12-Mar-20102.0000
 07-Sep-20091.2000

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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