Invesco India Midcap Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 99.88   0.29(0.291 %) NAV as on 12 Aug 2022
Prime Rating: 4 
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Fund type:
Equity
AUM (in crores):
₹ 2,392.64
Fund category:
Mid Cap Fund
Fund manager(s):
Pranav Gokhale
Benchmark:
S&P BSE 150 MidCap - TRI
Minimum investment:
₹ 1000
Launch date:
01 Jan 2013
Min. additional investment:
₹ 1000
Expense ratio:
0.68 %
Exit load:
Nil upto 10% of units and 1% for above the limits on or before 1Y, Nil after 1Y

Scheme Objective: To generate capital appreciation by investing predominantly in Midcap companies.


Performance (As on 12 Aug 2022)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme1.03 % 7.09 % 26.10 %17.06 % 19.75 %
Nifty Midcap 1503.82 % 11.31 % 25.99 %N/A N/A

Portfolio

Top 10 stock holdings
Allocation (%)
Sundram Fasteners Limited
3.19%
Persistent Systems Limited
3.02%
Trent Limited
3.01%
Craftsman Automation Limited
2.84%
Balkrishna Industries Limited
2.82%
Minda Industries Limited
2.7%
Bharat Forge Limited
2.56%
Abbott India Limited
2.55%
Ashok Leyland Limited
2.45%
ICICI Bank Limited
2.37%

About this category

Mid-cap funds invest in stocks from the 101st to the 250th in terms of market capitalisation. As they invest in stocks of smaller companies, they tend to be volatile but can deliver very strong returns during market uptrends. The Nifty Midcap 100, Nifty Midcap 150 or the BSE Midcap can be used as benchmarks to measure performance.

Suitability

Midcap funds suit investors with moderate to high risk appetites. The minimum period for which these funds need to be held is 5 years. Higher risk investors with longer timeframes can allocate more to these funds.

Taxation

Short-term: Holding period is less than 12 months.

Taxation: Capital gains are taxed at 15%


Long-term: Holding period is 12 months or more.

Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.

How are mutual funds taxed?

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