Invesco India Multicap Fund gave 21% returns in 3-year period: Is it a good fund to invest?
Invesco India Multicap Fund Growth 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...
By ET Bureau |
Getty Images
Invesco India Multicap Fund portfolio is fairly diversified
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.
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
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.
