July 26, 2022
mayank
Invesco India Financial Services Fund Guidance
NAV Growth : Rs 83.9700
NAV IDCW : Rs 43.2600
Suitable For Which Investors ?
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 flexi-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.
Fund’s Investment Strategy :
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.
Fund Manager :
— 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.
— Hiten Jain
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.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| 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,1% will be charged for redemption within 365 days |
Basic Details
| Fund House: | Invesco Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 13.84% |
| Benchmark: | NIFTY Financial Services TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| % Assets: | Rs 390 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 1.23% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Low |
| Return Grade: | Above Average |
| Turnover: | 19.00% |
Invesco India Financial Services 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 Financial Services Direct-G | -0.86 | -0.13 | 3.4 | 9.91 | -1.61 | -4.62 | -1.41 | 10.93 | 9.22 | 12.34 | — |
| S&P BSE Bankex TRI | 5.35 | -0.16 | 3.52 | 9.45 | 2.29 | -1.38 | 6.94 | 9.23 | 9.15 | 10.75 | — |
| Equity: Sectoral-Banking | 0.95 | -0.09 | 3.51 | 9.33 | 1.45 | -2.71 | 2.13 | 9.82 | 7.83 | 10.8 | — |
| Rank within category | 13 | 15 | 13 | 3 | 18 | 15 | 15 | 3 | 4 | 3 | — |
| Number of funds in category | 16 | 18 | 18 | 18 | 18 | 16 | 15 | 12 | 11 | 10 | 0 |
Invesco India Financial Services Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Invesco India Financial Services Fund | 4 star | Jan-13 | -1.41 | 10.93 | 9.22 | 1.23 | 390 |
| SBI Banking & Financial Services Fund | 5 star | Feb-15 | 1.11 | 11.54 | 11.59 | 0.8 | 3,129 |
| Tata Banking and Financial Services Fund | 4 star | Dec-15 | -0.13 | 10.92 | 9.16 | 0.69 | 933 |
| Sundaram Financial Services Opportunities Fund | 4 star | Jan-13 | 4.11 | 12.53 | 9.46 | 1.18 | 498 |
| ICICI Prudential Banking and Financial Services Fund | 3 star | Jan-13 | -0.71 | 9.37 | 7.38 | 1.13 | 4,745 |
Portfolio Analysis
| Number of Stocks | 25 |
| Top 10 Stocks (%) | 73.95 |
| Top 5 Stocks (%) | 58.35 |
| Top 3 Sectors (%) | 97.64 |
| Portfolio P/B Ratio | 2.13 |
| Portfolio P/E Ratio | 17.29 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,51,441 | 2,40,880 |
| Giant (%) | 63.33 | 73.68 |
| Large (%) | 15.3 | 10.84 |
| Mid (%) | 11.37 | 13.15 |
| Small (%) | 10 | 4.52 |
| Tiny (%) | — | — |
Invesco India Financial Services Fund Guidance by Chanakya :
Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Apply Online :
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