Invesco India Multicap Fund gave 21% returns in 3-year period: Is it a good fund to invest? The fund portfolio is fairly diversified, with modest positions in its top bets. It has grown in size in line with broader opportunities offered by the market
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} INVESCO MULTICAP
BASIC FACTS
DATE OF LAUNCH
17 MARCH 2008
CATEGORY
EQUITY
TYPE
MULTI CAP
AUM*
Rs.3,736 crore
BENCHMARK
NIFTY 500 MULTICAP
50:25:25 TOTAL
RETURN INDEX
WHAT IT COSTS
NAV**
GROWTH OPTION
Rs.133.8
IDCW
Rs.121.32
MINIMUM INVESTMENT
Rs.1,000
MINIMUM SIP AMOUNTRs.500
EXPENSE RATIO# (%)1.89
EXIT LOAD
For units in excess of 10% of investment, 1% will be charged for redemption within 365 days
*AS ON 31 JUL 2024
**AS ON 28 AUG 2024
#AS ON 31 JUL 2024
FUND MANAGER
AMIT NIGAM/DHIMANT KOTHARI
3.8 YEARS/ 7 MONTHS
Recent portfolio changes
New entrants
Cummins India, Grindwell Norton, Infosys, JK Cement, KPIT Tech, Orchid Pharma, PB Fintech, Power Grid, Shyam Metalics and Energy, Suven Pharma, Tata Consumer, Transformers and Rectifiers India, Trent (June).
Complete exits
Abbott India, Coal India, K.P.R. Mill, Kajaria Ceramics, L&T, Lupin, Maruti Suzuki, NHPC, NTPC, Samvardhana Motherson, SBI, Sundram Fasteners (June).
CreditAccess Grameen, Equitas Small Finance Bank, Varun Beverages, Zomato (July).
Should You Buy?
This fund was repositioned from its earlier avatar as a mid- and small-cap offering to a multi-cap fund in 2018. It has broadly maintained a 40:60 allocation towards large caps, and mid- and small-cap companies over the years. The fund portfolio is fairly diversified, with modest positions in its top bets. It has grown in size in line with broader opportunities offered by the market. The fund emphasises on businesses with long-term growth runway and no sectoral bias. The performance remains erratic, struggling to deliver consistent outperformance. However, its superior downside performance is heartening.
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This story originally appeared on: India Times - Author:Faqs of Insurances
