Suitability:
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Taxability of earnings:
Capital gains
Dividends
Please wait...
Please wait...
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.61 | -0.57 | -0.14 | 0.64 | 10.24 | 8.94 | 21.90 | 19.18 | 12.85 | 15.00 | 15.21 |
| Equity: Sectoral-Banking | -0.72 | -0.65 | -0.56 | -0.71 | 9.88 | 2.69 | 13.73 | 13.99 | 7.19 | 9.60 | 10.11 |
| Rank within category | 3 | 10 | 10 | 7 | 9 | 4 | 6 | 4 | 3 | 2 | 2 |
| Number of funds in category | 23 | 23 | 23 | 23 | 22 | 19 | 18 | 17 | 12 | 10 | 8 |
As on 17-Jan-2020
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | -- ( - ) | -- ( - ) |
| Month | 33.97 (28-Apr-2009 - 28-May-2009) | -27.38 (26-Sep-2008 - 27-Oct-2008) |
| Quarter | 89.67 (09-Mar-2009 - 10-Jun-2009) | -35.61 (02-Sep-2008 - 02-Dec-2008) |
| Year | 156.96 (09-Mar-2009 - 11-Mar-2010) | -30.30 (23-Nov-2010 - 23-Nov-2011) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 20.12 | 15.90 | 0.91 | 1.21 | 0.84 | 1.47 |
| Equity: Sectoral-Banking | 16.74 | 19.68 | 0.65 | 0.90 | 0.99 | -4.29 |
| Rank within category | 8 | 1 | 4 | 8 | 2 | 4 |
| Number of funds in category | 17 | 17 | 17 | 17 | 17 | 17 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2019
Please wait...
| Number of Stocks | 17 |
| Top 10 Stocks (%) | 88.19 |
| Top 5 Stocks (%) | 70.13 |
| Top 3 Sectors (%) | 96.87 |
| Portfolio P/B Ratio | 3.75 |
| Portfolio P/E Ratio | 34.54 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 2,76,185 | 2,19,717 |
| Giant (%) | 85.55 | 74.25 |
| Large (%) | 4.67 | 11.49 |
| Mid (%) | 8.74 | 11.74 |
| Small (%) | 1.03 | 4.33 |
| Tiny (%) | -- | -- |
Please wait...
| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
|
HDFC Bank | Financial | 26.64 | 34.79 | 24.53 | 24.53 |
|
|
ICICI Bank | Financial | 66.86 | 17.74 | 11.23 | 15.15 |
|
HDFC | Financial | 34.95 | 12.89 | 0.00 | 12.39 |
|
|
Kotak Mahindra Bank | Financial | 39.46 | 10.35 | 0.00 | 10.03 |
|
|
Axis Bank | Financial | 46.94 | 9.90 | 0.00 | 8.03 |
|
|
Bajaj Finance | Financial | 51.56 | 7.36 | 0.40 | 6.76 |
|
|
State Bank of India | Financial | 28.05 | 4.77 | 0.00 | 4.25 |
|
|
Cholamandalam Invest. & Fin. | Financial | 20.89 | 4.89 | 0.00 | 2.57 |
|
|
ICICI Lombard General Insurance | Financial | 56.28 | 2.72 | 0.00 | 2.45 |
|
|
Central Depository Services | Financial | 24.10 | 2.60 | 0.00 | 2.03 |
|
|
Indusind Bank | Financial | 20.82 | 11.28 | 0.00 | 1.98 |
|
Muthoot Finance | Financial | 13.12 | 2.63 | 0.00 | 1.57 |
|
|
Reliance Nippon Life Asset Management | Financial | 40.48 | 2.70 | 0.00 | 1.41 |
|
|
Motilal Oswal Financial | Financial | 28.52 | 1.26 | 0.00 | 1.26 |
|
|
LIC Housing Fin. | Financial | 8.80 | 3.93 | 0.00 | 0.99 |
|
|
Multi Commodity Exchange India | Financial | 32.16 | 4.27 | 0.48 | 0.98 |
|
|
RBL Bank | Financial | 22.02 | 3.78 | 0.00 | 0.49 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
— Amit Ganatra since 09-Nov-2010
Education: Mr. Ganatra holds a Commerce degree and is a Charted Accountant. He is also a Chartered Financial Analyst from AIMR.
Experience: Prior to joining Invesco Mutual Fund, he has worked with DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.
Funds Managed:
— Dhimant Kothari since 01-Jun-2018
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:
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The scheme seeks to generate capital appreciation from a portfolio of Equity and Equity Related Instruments of companies engaged in the business of banking and financial services.
| Minimum Investment (₹) | 1,000 |
| Minimum Addl Investment (₹) | 1,000 |
| Minimum SIP Investment (₹) | 100 |
| 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 |
| Fund House: | Invesco Mutual Fund |
| Launch Date: | 14-Jul-2008 |
| Return Since Launch: | 17.50% |
| Benchmark: | NIFTY Financial Services TRI |
| Riskometer: | High |
| Type: | Open-ended |
| Assets: | ₹ 200 Cr (As on 31-Dec-2019) |
| Expense: | 2.81% (As on 31-Dec-2019) |
| Risk Grade: | Below Average |
| Return Grade: | Above Average |
| Turnover: | -- |
| Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | 14-Feb-2019 | 2.6562 | |||||||||||||||||
| |||||||||||||||||||
Fund News - 01-Apr-2019
Fund News - 22-Mar-2018
Fund News - 29-Apr-2013
House Voice - 31-Dec-2012
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
Saturday, 25-Jan-2020
12:30 PM - 01:00 PM