Invesco India Mid Cap Fund - Growth - Latest NAV, Returns, Performance & Portfolio

Invesco India Mid Cap Fund - Growth

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    1.37%
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    (--0.75)37.97

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Fund Summarystar

PeriodReturns(per year)
10 Years11.53%
5 Years1.37%
3 Years-2.87%
1 Year-22.13%
6 Months-18.1%
Fund Details
ISININF205K01BC9
RiskModerately High risk
Fund TypeMid-Cap
NAV37.97
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Coromandel International Ltd4.58%
Apollo Hospitals Enterprise Ltd4.1%
Cholamandalam Investment and Finance Co Ltd3.55%
Whirlpool of India Ltd3.37%
Aditya Birla Fashion and Retail Ltd3.25%
ICICI Bank Ltd3.19%
Indraprastha Gas Ltd2.87%
Sanofi India Ltd2.81%
Ajanta Pharma Ltd2.71%
Voltas Ltd2.55%

About Invesco India Midcap Fund

The Invesco India Midcap Fund is an open-ended equity scheme. It seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of midcap companies. The benchmark of the scheme is Nifty Midcap 100.

Pros & Cons of Invesco India Midcap Fund

  • The scheme invests around 95% of its total assets in equity and equity-related instruments of midcap companies and around 5% in debt and money market instruments.
  • As on September 30, 2018, the scheme is ranked 1 under CRISIL’s Mid Cap Fund category.
  • Further, it has generated returns of 23.91% per year over the last 10 years (as on January 11, 2019). However, the returns over the last year are negative (-9.33%).

Fund Information and Statistics of Invesco India Midcap Fund

i) Inception / Launch Date

The scheme was launched on 19 April 2007 by Invesco Mutual Fund.

ii) Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderately-high risk level associated with it.

iii) Redemption

The minimum redemption amount is the lower of Rs. 1,000 or 100 units or the account balance. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

The Fund Managers of the Invesco India Midcap Fund are:

  • Mr. Neelesh Dhamnaskar
  • Mr. Pranav Gokhale

v) Entry / Exit Load

There is no entry load in this scheme.

The exit load structure is as follows:

  • If the units are redeemed after the completion of 1 year from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within 1 year from the date of allotment of the said units, then the exit load = 1% of the applicable units

Tax benefits of investing in Invesco India Midcap Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG tax (units are held for a period of less than 12 months) of 15 percent on redemption of units.
  • LTCG (units are held for a period of more than 12 months), in excess of Rs 1 Lakh, is taxed at 10 percent without indexation benefits on the redemption of units.

About Invesco Mutual Fund

Invesco Mutual Fund is a part of Invesco Limited – one of the world’s leading global investment management firms. The fund house works with an ‘investors-first’ focus and is committed to helping clients pursue their financial goals. Further, it leverages the expertise and global resources of Invesco to offer the best investment products to investors.

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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns