Rating : ★ ★ ★ ★ ★
Invesco India Financial Services Fund - Growth
 ÂSectoral Fund
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
3%
Asset Size
409.52 Cr.
(As of 31 May, 2022)
Benchmark
IISL Nifty Financial Services TR INR
Riskometer
Investors understand that their principal will be at Very High Risk.
Objective
The investment objective of the Scheme is 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
Exit load
1 %
(If redeemed within 365 days)Minimum sip
₹500
Minimum investment
₹5000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
HDFC Bank Ltd
18.71%
ICICI Bank Ltd
17.22%
Axis Bank Ltd
8.60%
State Bank of India
8.17%
Sector Allocation
About the Scheme Type
As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.
Ratings
This fund is rated 5 stars by Morning Star Ratings.