Invesco India Focused 20 Equity Fund- NFO

NFO - Invesco India Focused 20 Equity Fund

About the fund

Invesco India Focused 20 Equity Fund is an open-ended equity scheme investing in a maximum of 20 stocks across market capitalizations i.e large-cap, midcap & smallcap. The fund aims to generate capital appreciation for the investors through a concentrated portfolio of stocks marked with high conviction ideas & diversified approach.

(as per KIM)

Key Features

1. Keeping a balance between conviction and diversification

With a high level of conviction in every stock position, the fund portfolio is not going to exceed 20 stocks. The fund will be making sizeable investments in few stocks, yet maintaining a balance between conviction and diversification.

2. Multicap portfolio 

The fund will be investing in stocks across market capitalizations. Currently, a large portion of the portfolio will be allocated to large-cap stocks (50-70%). The midcaps will comprise 30-50% of the portfolio, while small-caps will be constituting around  0-20% of the portfolio. 

3. Combining growth and value stocks

The portfolio will include both growth and value stocks i.e along with high growth companies, the fund will also invest in companies with high growth prospects available at attractive valuations.

4. Stringent risk management

Risk management is an important part of every investment process. The AMC has incorporated adequate measures in their portfolio construction process to manage the associated risks.

Guidelines (as per scheme documents)

• The fund is going to invest in up to 20 stocks.

• The fund will have a multi-cap portfolio with a flexibility to move across market caps.

• The fund aims to generate alpha through a concentrated portfolio. 

• Their process-driven approach will ensure filtering the best investment ideas along with managing the downside risks. 

• The fund will adopt a fully invested (~95% based on market outlook) approach.

Asset Allocation

InstrumentsMinimum Indicative AssetsMaximum Indicative AssetsRisk Profile
Equity & Equity-related securities 65 100High risk
Debt & Money Market Instruments035Low to Moderate
REITs and InvITs 010Moderate to High

Fund Details

Name of FundInvesco India Focused 20 Equity Fund 
Type of SchemeAn open-ended equity fund which invests in a maximum 20 stocks across market capitalizations.
BenchmarkS&P BSE 500 TRI
NFO DATESSeptember 9, 2020 to September 23, 2020
Fund ManagerMr.Taher Badshah
Minimum Purchase AmountRs. 1000 or in multiples of Re. 1 thereafter
Minimum Additional InvestmentRs. 1000 or in multiples of Re. 1 thereafter
Entry LoadNil
Exit Load
  • If units are redeemed after 1 year- Nil
  • If redeemed before 1 year, units in excess of 10% will be charged with a 1% exit load.
Plans
  • Regular Plan
  • Direct Plan
Options
  • Growth  
  • Dividend Payout 
  • Dividend Reinvestment

SIP Details

TypeNo. of Installments Minimum Amount
Monthly SIP12Rs.500 & in multiples of Rs.1 thereafter
6Rs.1000 & in multiples of Rs.1 thereafter
Quarterly4Rs.1500 & in multiples of Rs.1 thereafter

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