January 23, 2025
mayank
Invesco India Business Cycle Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Invesco India Business Cycle Fund Open Date, Close Date?
NFO opens on February 06, 2025
NFO will close on February 20, 2025
Investment Strategy for this NFO?
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
Basic Details
| Fund House | Invesco Mutual Fund |
| Issue Open | 06 February 2025 |
| Issue Close | 20 February 2025 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 3 months |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI |
About Benchmark Index for this NFO?
The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe.
Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty 500 Total Returns Index, Nifty500 Industry Indices.
Portfolio Characteristics
| Methodology | Free Float Market Capitalization |
| No. of Constituents | 500 |
| Launch Date | |
| Base Date | January 01, 1995 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Invesco India Business Cycle Fund
1) Aditya Khemani
Education: Mr. Khemani has done B.Com (Hons) and PGDM from IIM, Lucknow.
Experience: Prior to joining Invesco Mutual Fund, He was associated with Motilal Oswal Mutual Fund, HSBC AMC, SBI Mutual Fund, ICICI Prudential AMC and Morgan Stanley Advantage Services.
2) Amit Ganatra
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 Asset Management (India) Pvt. Ltd., he has worked with HDFC Mutual Fund, DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.
AMC
Invesco Asset Management (India) Pvt. Ltd
Address: 2101 – A-A Wing – 21st Floor, Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai – 400013
Website: http://www.invescomutualfund.com
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Invesco India Business Cycle Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of NIFTY 500 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -7.81 | 15.16 | 15.16 | 17.78 | 10.91 |
| Total Return | -7.69 | 16.24 | 16.24 | 19.00 | 12.61 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 14.92 | 18.55 | 22.27 |
| Beta (NIFTY 50) | 1.03 | 0.96 | 0.93 |
| Correlation (NIFTY 50) | 0.95 | 0.98 | 0.95 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 25.56 | 3.88 | 1.12 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 7.31 |
| ICICI Bank Ltd. | 4.90 |
| Reliance Industries Ltd. | 4.47 |
| Infosys Ltd. | 3.67 |
| ITC Ltd. | 2.44 |
| Bharti Airtel Ltd. | 2.31 |
| Larsen & Toubro Ltd. | 2.30 |
| Tata Consultancy Services Ltd. | 2.27 |
| State Bank of India | 1.66 |
| Axis Bank Ltd. | 1.65 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Aditya Khemani
| Fund | Invesco India Mid Cap Fund | It’s Benchmark | Invesco India Smallcap Fund | It’s Benchmark |
| 1 Year | 24.65 | 12.75 | 21.32 | 10.45 |
| 3 Year | 20.07 | 19.80 | 20.95 | 17.69 |
| 5 Year | 24.15 | 25.36 | 27.67 | 25.84 |
| 7 Year | 16.90 | 15.97 | — | — |
| 10 Year | 16.38 | 17.52 | — | — |
As on 23-1-2025
Past Performance of Amit Ganatra
| Fund | Invesco India Balanced Advantage Fund | It’s Benchmark | Invesco India Flexi Cap Fund | It’s Benchmark |
| 1 Year | 11.12 | 8.94 | 19.01 | 9.69 |
| 3 Year | 11.21 | 10.77 | — | — |
| 5 Year | 11.17 | 13.39 | — | — |
| 7 Year | 8.34 | 10.65 | — | — |
| 10 Year | 9.26 | 10.50 | — | — |
As on 23-1-2025
Note on Fund Managers’ performance
[ C ] Conclusion
X
Is it good to invest in Invesco India Business Cycle Fund NFO?
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