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This 1 Year Old Focused 20 Equity Fund Has Delivered 53.70% Returns Since Its Inception

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Just a few decades ago, mutual funds were an unfamiliar type of investing to a huge majority of Indian individuals. Today, however, the situation is entirely different. Mutual funds are now considered as a straightforward and uncomplicated option to invest that may help develop wealth in India, with a continuous increase in mutual fund investors year after year. If you are a mutual fund investor, you most probably invested in various focused funds. One such focused fund we have highlighted, this fund is not even 2 year old but has given good returns since its inception. Details below!

 

Invesco India Focused 20 Equity Fund - Direct Plan-Growth

Invesco India Focused 20 Equity Fund - Direct Plan-Growth

As mentioned, this is a less than 2-year-old fund launched on 09 September 2020 by the Invesco Mutual fund. This is an equity-focused fund.

The fund's Assets under Management as of 28 February 2022 was Rs 1495.44 Crore and the NAV declared on 25th March 2022 is Rs 15.37%. The fund expense ratio is 0.45% which is half of its category average.

It is an open-ended medium-sized fund of its category that seeks to generate capital by investing primarily in equity & equity-related instruments across market capitalization subject to a maximum of 20 stocks. 

Absolute And Annualised Returns
 

Absolute And Annualised Returns

Lump-Sum Investment Returns

Investment TenureAbsolute ReturnsAnnualised Returns
1 Year26.40%26.40%
Since Inception53.70%33.57%


SIP Investment Returns

SIP TenureAbsolute ReturnsAnnualised Returns
1 Year5.48%10.35%
Portfolio

Portfolio

90.16 percent of the fund's assets are invested in Indian stocks, with 60.86 percent in large-size stocks, 8.78 percent in mid-cap stocks, and 5.38 percent in small-cap stocks.

The fund has the majority of its money invested in Financial accounting 23.89% in the banking sector, 14.46% in software, 13.15% in Healthcare sectors. It has taken less exposure in the Financial, Technology sectors compared to other funds in the category. This fund has a multi-cap portfolio.

The fund's top 10 holdings are in Infosys Ltd., ICICI Bank Ltd., Larsen & Toubro Ltd., HDFC Bank Ltd., State Bank of India, Tech Mahindra ltd., Sun Pharmaceutical Industries ltd., Reliance Industries Ltd., Voltas Ltd., and Kotak Mahindra Bank.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Story first published: Monday, March 28, 2022, 14:23 [IST]
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