Invesco India Multicap Fund - Growth
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|Risk||Moderately High risk|
|Exit Load||1% for 365 Days|
More about this fund
|HDFC Bank Ltd||8.01%|
|Reliance Industries Ltd||6.76%|
|ICICI Bank Ltd||5.18%|
|Apollo Hospitals Enterprise Ltd||3.17%|
|Bharti Airtel Ltd||3.06%|
|Axis Bank Ltd||3.02%|
|Rallis India Ltd||2.79%|
|Orient Electric Ltd Ordinary Shares||2.77%|
|Whirlpool of India Ltd||2.65%|
About Invesco India Multicap Fund
The Invesco India Multicap Fund is an open-ended equity scheme. It seeks to provide capital appreciation over the long-term by investing in equity and equity-related instruments of companies across different market capitalizations.
Pros & Cons of Invesco India Multicap Fund
? The scheme invests across large-cap, mid-cap, and small-cap stocks and selects stocks using a bottom-up approach across the market capitalization range. It is suitable for investors looking for a diversified equity portfolio and seeking long-term capital appreciation. ? As on September 30, 2018, the scheme is ranked 3 under CRISIL’s Multi Cap Fund category. ? Further, it has generated returns of 22.69% per year over the last 10 years (as on January 04, 2019). However, over the last year, the returns are negative (-14.46%).
Fund Information and Statistics of Invesco India Multicap Fund
i) Inception / Launch Date
The scheme was launched on 17 March 2008 by Invesco Mutual Fund.
ii) Risk Level
The scheme invests in equity and equity-related instruments of companies from different market capitalizations and has a moderately-high risk level associated with it.
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)
Mr. Taher Badshah and Mr. Pranav Gokhale are the Fund Managers of the Invesco India Multicap Fund.
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 one year from the date of allotment of the said units, then the exit load = Nil ? Also, if the units are redeemed after one year from the date of allotment of the said units, then the exit load = 1% of the applicable NAV
Tax benefits of investing in Invesco India Multicap 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) component, 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 has a mission of delivering an investment experience which helps people get more out of life. By harnessing the power of its global platform and perpetuating a high-performance organization, the fund house tries to position itself ahead of the demand trends and provides investment solutions which are designed to deliver key outcomes.
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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