Invesco India Midcap Fund(G)
View the direct plan of this scheme
Rs 133.3 2.06(1.57 %) NAV as on 23 Apr 2024
Scheme Objective: To generate capital appreciation by investing predominantly in Midcap companies.
Performance (As on 23 Apr 2024)
| 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|
| Scheme | 26.76 % | 51.46 % | 25.59 % | 22.37 % | 16.43 % |
| Nifty Midcap 150 | 26.52 % | 56.85 % | 27.44 % | 23.64 % | N/A |
Portfolio
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.
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.
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.
