1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -2.58 | -2.61 | -5.63 | -0.16 | 17.01 | 28.23 | 1.34 | 4.82 | 15.75 | 17.79 | 12.56 |
| S&P BSE Bankex TRI | -4.33 | -2.93 | -6.79 | -1.69 | 20.98 | 38.64 | -2.58 | 3.61 | 14.76 | 16.85 | 11.94 |
| Equity: Sectoral-Banking | -2.49 | -2.72 | -6.70 | 0.12 | 22.65 | 34.16 | -4.38 | 0.00 | 11.99 | 12.65 | 6.44 |
| Rank within category | 9 | 6 | 1 | 11 | 26 | 23 | 4 | 5 | 3 | 3 | 2 |
| Number of funds in category | 28 | 28 | 28 | 28 | 26 | 23 | 23 | 17 | 17 | 11 | 8 |
As on 27-Jan-2021
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Invesco India Financial Services Fund | Invest Online |  |
Jul-08 | 1.34 | 4.82 | 15.75 | 2.57 | 279 |
| SBI Banking & Financial Services Fund - Regular Plan | Invest Online |  |
Feb-15 | 2.06 | 8.96 | 19.16 | 2.34 | 2,095 |
| Tata Banking and Financial Services Fund - Regular Plan | Invest Online | |
Dec-15 | 1.76 | 7.18 | 17.16 | 2.58 | 615 |
| Nippon India ETF Bank BeES | Invest Online | May-04 | -3.29 | 2.99 | 14.22 | 0.18 | 7,475 | |
| Kotak Banking ETF Fund Regular | Invest Online | Dec-14 | -3.41 | 2.93 | 14.27 | 0.18 | 6,777 |
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 23.42 (27-Oct-2008 - 04-Nov-2008) | -24.79 (16-Mar-2020 - 23-Mar-2020) |
| Month | 33.97 (28-Apr-2009 - 28-May-2009) | -42.00 (20-Feb-2020 - 23-Mar-2020) |
| Quarter | 89.67 (09-Mar-2009 - 10-Jun-2009) | -41.81 (23-Dec-2019 - 23-Mar-2020) |
| Year | 156.96 (09-Mar-2009 - 11-Mar-2010) | -34.12 (27-May-2019 - 26-May-2020) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 11.38 | 28.29 | 0.23 | 0.25 | 0.83 | -0.56 |
| S&P BSE Bankex TRI | 13.44 | 33.46 | 0.26 | 0.30 | -- | -- |
| Equity: Sectoral-Banking | 7.70 | 33.23 | 0.11 | 0.10 | 0.95 | -5.33 |
| Rank within category | 10 | 2 | 6 | 10 | 2 | 5 |
| 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-2020
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| Number of Stocks | 23 |
| Top 10 Stocks (%) | 76.46 |
| Top 5 Stocks (%) | 63.00 |
| Top 3 Sectors (%) | 98.60 |
| Portfolio P/B Ratio | 2.71 |
| Portfolio P/E Ratio | 26.29 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 1,73,736 | 2,26,897 |
| Giant (%) | 70.10 | 75.74 |
| Large (%) | 11.81 | 8.90 |
| Mid (%) | 7.24 | 13.23 |
| Small (%) | 10.85 | 5.54 |
| Tiny (%) | -- | -- |
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Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— 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:
— Hiten Jain since 19-May-2020
Education: Mr. Jain has done BE, CFA and MBA (Finance)
Experience: Prior to joining Invesco India Mutual Fund, he has worked with CRISIL Limited and Dunia Finance LLC Dubai.
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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: | 15.87% |
| Benchmark: | NIFTY Financial Services TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | ₹ 279 Cr (As on 31-Dec-2020) |
| Expense: | 2.57% (As on 31-Dec-2020) |
| Risk Grade: | Below Average |
| Return Grade: | Above Average |
| Turnover: | 26.00% |
| Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | 14-Feb-2019 | 2.6562 | |||||||||||||||||
| |||||||||||||||||||
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
Friday, 29-Jan-2021
12:30 PM - 01:00 PM