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Invesco India Mid Cap Fund


1 Lakh

Investment Grown to
₹ 1.39 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.13 Lakh

Analyst's Choice?

Suitability:

When you invest for seven years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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. Therefore, you can expect higher returns in the long-term, but more severe ups and downs along the way.

Like 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 6.09 0.08 1.31 6.73 11.65 19.20 15.06 11.59 9.33 17.42 16.59
S&P BSE 150 MidCap TRI 6.91 -0.02 1.62 7.51 12.27 17.79 13.02 9.87 10.32 15.48 12.82
Equity: Mid Cap 6.25 -0.14 1.66 6.73 10.60 15.36 13.53 8.61 8.35 16.50 14.63
Rank within category 19 6 22 19 9 2 9 2 5 6 2
Number of funds in category 28 28 28 27 27 25 24 21 20 18 16

As on 27-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 21.78 (14-May-2009 - 21-May-2009) -18.01 (03-Oct-2008 - 10-Oct-2008)
Month 37.52 (06-May-2009 - 05-Jun-2009) -35.26 (26-Sep-2008 - 27-Oct-2008)
Quarter 75.31 (09-Mar-2009 - 10-Jun-2009) -47.95 (02-Sep-2008 - 02-Dec-2008)
Year 157.47 (09-Mar-2009 - 11-Mar-2010) -65.87 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 12.87 15.26 0.47 0.68 0.86 2.41
S&P BSE 150 MidCap TRI 11.26 17.24 0.32 0.43 -- --
Equity: Mid Cap 9.74 15.31 0.27 0.38 0.85 -0.67
Rank within category 2 12 2 2 12 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-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 35.87
Top 5 Stocks (%) 20.10
Top 3 Sectors (%) 41.70
Portfolio P/B Ratio 4.07
Portfolio P/E Ratio 24.45

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 16,849 20,224
Giant (%) 4.30 9.14
Large (%) 3.85 5.25
Mid (%) 79.02 78.84
Small (%) 12.83 12.06
Tiny (%) -- 0.09

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 Whirlpool Cons Durable 64.24 4.47 0.00 4.47
up Coromandel International Chemicals 21.64 4.50 0.00 4.15
equal ICICI Bank Financial 36.08 4.11 0.00 4.11
equal Cholamandalam Invest. & Fin. Financial 19.54 4.27 0.00 3.70
up Gujarat State Petronet Energy 14.89 3.95 0.00 3.67
up Apollo Hospitals Healthcare 70.19 4.18 0.00 3.64
equal Indraprastha Gas Energy 35.14 5.29 0.00 3.20
up Aditya Birla Fashion and Retail Services 58.52 4.04 1.94 3.17
equal Sanofi India Healthcare 39.06 4.08 0.00 2.89
down City Union Bank Financial 24.11 4.12 0.00 2.87
equal AIA Engineering Metals 28.16 3.04 0.00 2.54
down Bata India FMCG 65.05 3.34 0.00 2.48
equal The Ramco Cements Construction 32.02 4.71 0.00 2.32
equal Exide Industries Engineering 20.79 3.46 0.00 2.31
down Ajanta Pharma Healthcare 26.29 3.51 0.00 2.28
up Hexaware Technologies Technology 17.59 2.89 0.00 2.28
equal Mphasis Technology 15.92 3.15 0.00 2.25
up Vinati Organics Chemicals 33.70 4.12 1.89 2.23
equal Schaeffler India Engineering 36.73 3.92 2.10 2.19
equal United Spirits FMCG 66.53 4.49 0.00 2.18
new Muthoot Finance Financial 12.67 2.14 0.00 2.14
up Balkrishna Industries Automobile 26.10 3.98 0.00 2.08
up TVS Motor Co. Automobile 30.40 2.06 0.00 2.06
equal Mahanagar Gas Energy 16.69 3.29 0.00 2.04
up Abbott India Healthcare 51.08 2.00 0.00 2.00

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-Dec-2019

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.

Funds Managed:


0.08%

Change from previous, NAV as on 27-Jan-2020

Growth: ₹ 53.2700

Dividend: ₹ 24.8600


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: 19-Apr-2007
Return Since Launch: 13.98%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 674 Cr (As on 31-Dec-2019)
Expense: 2.51% (As on 31-Dec-2019)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 55.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend11-Jan-20192.2135

 28-Mar-20183.2500
 19-Apr-20172.9000
 22-Mar-20162.7500
 06-Feb-20152.9000
 24-Sep-20102.7000

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: www.invescomutualfund.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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