Rating: ★ ★ ★ ★ ★

Invesco India Financial Services Fund Direct Plan Dividend Reinvestment

Equity

  

Sectoral Fund

NAV

26.6 + 0.46

as on (05 Jun, 2020)

RETURNS

-0.1 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

1.66 %

Benchmark

IISL Nifty Financial Services TR INR

Asset Size

174.02 Cr.

(As of 30 Apr, 2019)

Risk

High

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.

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Fund manager

Amit Ganatra

(since 09 Nov, 2010)

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹ 500

minimum investment

₹ 1000

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

28.14 %

ICICI Bank Ltd

14.64 %

IndusInd Bank Ltd

8.52 %

Axis Bank Ltd

7.21 %

Sector Allocation

About the Scheme Type

Sectoral Fund

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.

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Overview of Invesco Asset Management (India) Private Ltd

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