July 26, 2022
mayank
Invesco India Equity Savings Fund Guidance
NAV Growth : Rs 12.9206
NAV IDCW : Rs 12.8829
Suitable For Which Investors ?
“Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy :
The scheme seeks to generate capital appreciation and income by investing in equity and equity related instruments, arbitrage opportunities and fixed income instruments (including debt, government securities and money market instruments).
Fund Manager :
— Amit Nigam
Education : Mr. Nigam is BE from IIT, Roorkee and PGDBM from IIM, Indore.
Experience : Prior to joining Invesco Mutual Fund, he has worked with Essel Finance AMC Ltd., BNP Paribas Asset Management India Pvt. Ltd.
— Dhimant Kothari
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.
— Krishna Venkat Cheemalapati
Education : Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.
Experience : Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.
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) | 1 |
| Lock-in Period | Not Applicable |
| Exit Load | 0.25% for redemption within 30 days |
Basic Details
| Fund House: | Invesco Mutual Fund |
| Launch Date: | 07-Mar-19 |
| Return Since Launch: | 7.86% |
| Benchmark: | NIFTY Equity Savings TRI |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| % Assets: | Rs 152 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 0.64% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Below Average |
| Return Grade: | Below Average |
| Turnover: | 431.00% |
Invesco India Equity Savings 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 Equity Savings Fund Direct-G | -2.86 | -0.17 | 0.87 | 2.77 | -1.06 | -2.16 | 1 | 8.28 | — | — | — |
| VR MIP TRI | -1.24 | -0.13 | 0.96 | 2.6 | -0.42 | -0.86 | 3.82 | 7.84 | — | — | — |
| Hybrid: Equity Savings | -0.02 | -0.13 | 0.82 | 2.68 | -0.06 | -0.13 | 4.3 | 9.54 | — | — | — |
| Rank within category | 21 | 17 | 11 | 12 | 19 | 21 | 21 | 18 | — | — | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 20 | 14 | 9 | 0 |
Invesco India Equity Savings Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Invesco India Equity Savings Fund | 3 star | Mar-19 | 1 | 8.28 | — | 0.64 | 152 |
| SBI Equity Savings Fund | 4 star | May-15 | 3.75 | 10.69 | 8.23 | 0.64 | 2,328 |
| Kotak Equity Savings Fund | 4 star | Oct-14 | 7.45 | 10.5 | 8.87 | 1.12 | 1,908 |
| Mirae Asset Equity Savings Fund | 5 star | Dec-18 | 4.56 | 12.7 | — | 0.41 | 539 |
| Mahindra Manulife Equity Savings Dhan Sanchay Yojana | 4 star | Feb-17 | 5.64 | 12.84 | 9.02 | 0.62 | 418 |
Portfolio Analysis
| Number of Stocks | 55 |
| Number of Bonds | 7 |
| Average Maturity (yrs) | 1.27 |
| Top 10 Holdings (%) | 48.66 |
| Portfolio P/B Ratio | 3.61 |
| Portfolio P/E Ratio | 28.61 |
Invesco India Equity Savings Fund Guidance by Chanakya :
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