July 26, 2022
mayank
Invesco India Balanced Advantage Fund
NAV Growth : Rs 40.4700
NAV IDCW : Rs 19.1400
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that 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.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to generate capital appreciation by investing in equity and debt securities which are managed dynamically.
Fund Manager :
— Pranav Gokhale
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.
— Taher Badshah
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.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | For units in excess of 10% of the investment,0.25% will be charged for redemption within 90 days |
Basic Details
| Fund House: | Invesco Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 11.89% |
| Benchmark: | NIFTY 50 Hybrid Composite debt 50:50 Index |
| Riskometer: | Very High |
| Type: | Open-ended |
| % Assets: | Rs 634 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 0.96% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Above Average |
| Return Grade: | Average |
| Turnover: | 232.00% |
Invesco India Dynamic Equity Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| Invesco India Dynamic Equity Direct-G | -2.51 | -0.32 | 1.48 | 4.09 | -1.34 | -2.46 | 0.42 | 8.76 | 7.07 | 8.28 | — |
| VR Balanced TRI | -2.85 | -0.45 | 1.97 | 5.37 | -1.03 | -2.45 | 5.72 | 13.55 | 11.09 | 10.58 | — |
| Hybrid: Dynamic Asset Allocation | -0.71 | -0.15 | 1.26 | 4.23 | -0.08 | -0.26 | 4.54 | 12.02 | 8.44 | 9.09 | — |
| Rank within category | 20 | 28 | 6 | 17 | 27 | 25 | 23 | 21 | 10 | 9 | — |
| Number of funds in category | 28 | 29 | 29 | 29 | 29 | 29 | 25 | 22 | 13 | 11 | 0 |
Invesco India Dynamic Equity Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Invesco India Dynamic Equity Fund | 2 star | Jan-13 | 0.42 | 8.76 | 7.07 | 0.96 | 634 |
| ICICI Prudential Balanced Advantage Fund | 4 star | Jan-13 | 8.46 | 12.93 | 10.43 | 0.95 | 40,064 |
| ICICI Prudential Asset Allocator Fund (FOF) | 4 star | Jan-13 | 7.64 | 13.86 | 11.24 | 0.13 | 16,031 |
| Kotak Balanced Advantage Fund | 4 star | Aug-18 | 4.26 | 12.14 | — | 0.49 | 13,494 |
| Edelweiss Balanced Advantage Fund | 5 star | Jan-13 | 4.17 | 16.36 | 11.7 | 0.47 | 7,964 |
Portfolio Analysis
| Number of Stocks | 30 |
| Top 10 Holdings (%) | 48.88 |
| Top 5 Holdings (%) | 32.21 |
| Top 3 Sectors (%) | 39.39 |
| Portfolio P/B Ratio | 2.64 |
| Portfolio P/E Ratio | 18.01 |
| Avg Credit Rating | AA |
Invesco India Dynamic Equity Fund Guidance by Chanakya :
Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.
Apply Online :
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