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Fincash » Mutual Funds » Invesco India Financial Services Fund

Invesco India Financial Services Fund - G

NAV  ₹112.35 ↓ -0.90  (-0.79 %) as on 12 Apr 24

(Erstwhile Invesco India Banking Fund)

Scheme Objective

The investment objective of the Scheme is to generate long-term capital growth from a portfolio of equity and equity-related securities of companies engaged in the business of banking and financial services.

Invesco India Financial Services Fund is a Equity - Sectoral fund launched on 14 Jul 08. It is a fund with High risk and has given a CAGR return of 16.6% since its launch.  Ranked 5 in Sectoral category.  Return for 2023 was 26% , 2022 was 12.8% and 2021 was 14% .

Below is the key information for Invesco India Financial Services Fund

NAV as on 12 Apr 24₹112.35 ↓ -0.90  (-0.79 %)
Net Assets (AUM) as on 29 Feb 2024 ₹726 Cr.
Launch Date14 Jul 2008
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCInvesco Asset Management (India) Private Ltd
Alpha Ratio22.6
Expense Ratio2.53 %
Sharpe Ratio3.116
Information Ratio1.1
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24

DurationReturns
1 Month 4.4%
3 Month 4.6%
6 Month 19.5%
1 Year 39.5%
3 Year 21.5%
5 Year 14.7%
10 Year
15 Year
Since launch 16.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 26%
2022 12.8%
2021 14%
2020 2.4%
2019 21.2%
2018 -0.3%
2017 45.2%
2016 10.4%
2015 -2.1%

Growth of 10k Over Years

DateValue
31 Mar 19₹10,000
31 Mar 20₹7,241
31 Mar 21₹11,753
31 Mar 22₹13,072
31 Mar 23₹13,806
31 Mar 24₹18,952
Invesco India Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash3.59%
Equity96.41%
Invesco India Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services90.92%
Technology3.4%
Health Care2.09%
Invesco India Financial Services Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
Banks - Regional20%₹145 Cr1,382,340
↑ 72,521
State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBIN
Banks - Regional9%₹63 Cr838,841
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 532215
Banks - Regional7%₹54 Cr498,894
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 21 | 500034
Credit Services5%₹33 Cr50,798
Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Mar 23 | 543243
Banks - Regional4%₹31 Cr3,117,216
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 31 Mar 20 | SBILIFE
Insurance - Life4%₹29 Cr185,174
Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 28 Feb 22 | MCX
Financial Data & Stock Exchanges4%₹28 Cr74,129
BSE Ltd (Financial Services)
Equity, Since 30 Sep 23 | BSE
Financial Data & Stock Exchanges4%₹26 Cr111,549
Computer Age Management Services Ltd Ordinary Shares (Technology)
Equity, Since 30 Sep 23 | CAMS
Information Technology Services3%₹25 Cr80,405
PB Fintech Ltd (Financial Services)
Equity, Since 30 Nov 21 | 543390
Insurance Brokers3%₹24 Cr202,762
↑ 19,929
1 - 10 of 31
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Fund Managers

NameSinceTenure
Dhimant Kothari1 Jun 185.84 Yr.
Hiten Jain19 May 203.87 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Invesco Mutual Fund2101-A, A Wing, 21st Floor,,Marathon Futurex, N .M. Joshi Marg, Lower Parel,Mumbai

Auditors

CompanyAddress
Deloitte Haskins & Sells LLP12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli
M/s. Price WaterhouseIndia,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Invesco India Financial Services Fund
Growth
₹112.35
↓ -0.90
19.53 %39.5 %21.46 %14.71 %
Invesco India Financial Services Fund
Normal Dividend, Payout
₹57.3
↓ -0.45
19.55 %39.52 %21.46 %14.72 %
Invesco India Financial Services Fund
Normal Dividend, Reinvestment
₹57.3
↓ -0.45
19.55 %39.52 %21.46 %14.72 %
Data as on 12 Apr 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.