September 27, 2021
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Invesco India Midcap Fund
The scheme seeks to generate capital appreciation by investing predominantly in Midcap companies.
The fund has been managed by Neelesh Dhamnaskar since July 2018. This scheme has NAV of Rs. 98.4200 for the growth option. NAV for the IDCW option is Rs. 39.8200. The fund manager charges 0.79 % for his expenses.
Minimum investment is Rs. 1000 and minimum additional investment is Rs. 1000. SIP option is also available in this fund. Minimum investment in SIP option is Rs. 500.
Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days.
This fund can be compared to Kotak Emerging Equity Fund, Axis Midcap Fund, DSP Midcap Fund and Nippon India Growth Fund. Axis Midcap Fund is the best fund in the category.
Other than the companies mentioned in the table, fund manager has also invested in Balkrishna Industries, Minda Industries, Craftsman Automation, Vinati Organics and others.
Fund manager had paid last dividend on 12th March 2021 of Rs. 3.0000/unit.
Date of Analysis : 27-9-2021