The Invesco India Dynamic Equity Fund - Direct Plan - Growth option is an open-ended dynamic asset allocation scheme offered by Invesco Mutual Fund. The fund house is the 15th largest investment management company in India and offers schemes across asset categories of fixed income, equity, hybrid, ETFs (Exchange Traded Funds), and Fund of Funds (FoFs).
The direct plan of the scheme allows investors to invest directly with the mutual fund house while the growth option lets investors enjoy capital appreciation on completion of the scheme period. The Invesco India Dynamic Equity Fund - Direct Plan - Growth option makes investments in debt securities and equities that are managed dynamically.
Investment Objective
To produce capital gains for the investor through investments in equity and debt securities which will be managed dynamically.
Key Features of the Scheme
The Invesco India Dynamic Equity Fund is ideal for investors who prefer investing in a mix of debt securities and equities. The key features of the scheme are given below:
| Type of Fund | An open-ended dynamic asset allocation fund |
| Plans Available | Regular and Direct Plan |
| Options under each Plan |
|
| Risk | Moderately High |
| Systematic Investment Plan | Available |
| Systematic Transfer Plan | Available |
| Systematic Withdrawal Plan | Available |
Investment Amount for Invesco India Dynamic Equity Fund
| Minimum Application Amount | Rs.5,000 per application and in multiples of Re.1 thereafter |
| Minimum Additional Investment | Rs.1,000 per application and in multiples of Re.1 thereafter |
| Minimum Installment for Systematic Investment Plan (SIP) | Monthly - Rs.500 and in multiples of Re.1 thereafter Quarterly - Rs.1,500 and in multiples of Re.1 thereafter |
| Minimum Installment for Systematic Withdrawal Plan (SWP) | Weekly and monthly frequency - Rs.1,000 and in multiples of Re.1 thereafter. Quarterly frequency - Rs.1,500 and in multiples of Re.1 thereafter |
| Entry Load | Not Applicable |
| Exit Load | Nil |
Asset Allocation for Invesco India Dynamic Equity Fund
| Instruments | Indicative Allocation Percentage of total assets | Risk Profile | |
| Minimum | Maximum | ||
| Equity and its related securities | 0% | 100% | High |
| Debt and money market securities | 0% | 100% | Low to Medium |
NAV Disclosure and Benchmark for Invesco India Dynamic Equity Fund
The NAV of the Invesco India Dynamic Equity Fund is obtained by dividing the scheme’s net assets by the number of outstanding units on the day of valuation. The NAV will be calculated up to 2 decimal places and disclosed at the end of each business day. The NAV will be updated on the website of the AMFI (Association of Mutual Funds in India) at www.amfiindia.com and Invesco Mutual Fund (www.invescomutualfund.com) before 9:00 p.m. of every business day.
The NAV will also be sent to at least 2 newspapers for publication by the fund house on every business day. The newspapers publishing the NAV will have a nationwide circulation. The scheme’s monthly portfolio will also be available on the official website of Invesco Mutual Fund on or before the 10th day of the succeeding month.
Benchmark: S&P BSE 100 Index
Fund Manager - Mr. Taher Badshah
The Invesco India Dynamic Equity Fund is managed by Mr. Taher Badshah. He has over 23 years of experience in the financial services domain and has been managing the scheme for 1.5 years. Prior to working with Invesco Mutual Fund, Mr. Badshah has worked with Motilal Oswal Asset Management Company. The other schemes managed by him include Invesco India Contra Fund, Invesco India Midcap Fund, Invesco India Multicap Fund, etc.
Why you should invest in the Invesco India Dynamic Equity Fund
- Flexible portfolio allocation - Being a dynamic fund, the scheme allows the fund manager to dynamically change the asset allocation between equity and debt securities. Doing so will ensure that optimal returns are achieved while also protecting the investors against market volatility.
- Optimal returns - Since the scheme employs a dynamic asset allocation strategy, it has a low beta and in longer durations, has an ability to outperform the benchmark thereby fetching the most favourable returns for the investor.
- Low investment - The scheme offers a monthly SIP for as low as Rs.500 offering investors an opportunity to grow their wealth over a long term.
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