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Invesco India Gilt Fund

Q: What is the NAV of Invesco India Gilt Fund?

As of 05 Oct 2026, the NAV of Invesco India Gilt Fund is ₹3,202.28 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Invesco India Gilt Fund delivered?

Invesco India Gilt Fund has returned +1.94% over 1 year, +6.34% per year over 3 years, +5.60% per year over 5 years and +7.11% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Invesco India Gilt Fund?

Invesco India Gilt Fund charges an expense ratio of 0.48% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Invesco India Gilt Fund?

Invesco India Gilt Fund's largest holdings are 7.06% Government of India 2041 (26.8%), 7.24% Government of India 2055 (25.9%) and 7.71% Government of India 2066 (18.1%). Holdings are disclosed monthly and change over time.

Q: How risky is Invesco India Gilt Fund?

Invesco India Gilt Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.7% and its worst peak-to-trough fall in our sample was -9.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -0.04 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Invesco India Gilt Fund's -0.04 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Invesco India Gilt Fund?

Invesco India Gilt Fund is benchmarked against the NIFTY All Duration G-Sec Index. Its alpha and beta on this page are measured against that index.

Q: Who manages Invesco India Gilt Fund?

Invesco India Gilt Fund is managed by Krishna Cheemalapati and Vikas Garg at Invesco.

Q: How is Invesco India Gilt Fund taxed?

Invesco India Gilt Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Invesco Mutual Fund · Best Gilt Mutual Funds

NAV

₹3,202.28

+0.02% 1D

as of 05 Oct 2026

This is the Direct plan of Invesco India Gilt Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

NAV history

+1.81%absolute

52-week rangePrev NAV ₹3,201.64

Latest ₹3,202.28

Low ₹3,061.5262nd percentile of its 52-week rangeHigh ₹3,287.42

Scorecard

★★☆☆☆2/5 vs 23 of 24 Gilt Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Gilt Fund (same plan and option). 23 of the 24 Gilt Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +6.34% · ranks 9 of 23 Gilt Funds

RiskHigh

Volatility 3.7% vs 3.1% category avg

CostAverage

0.5% expense vs 0.5% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 100% of rolling 3-year windows

Concerns

Trails the Gilt Fund average on 1M/3M/1Y — 1Y by 0.57pp
More volatile than its Gilt Fund peers (3.7% vs 3.1%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.48%

Category 0.50%▼0.02%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

-0.04

Category -0.10▲0.06

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹1,000

NIFTY All Duration G-Sec Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

02 Jan 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-0.93%

Absolute return over the last 3 months (not annualized)

-1.97%

Absolute return over the last 6 months (not annualized)

+4.60%

Absolute return since 1 Jan of this year (not annualized)

+1.18%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+1.94%

3-year annualized return (CAGR)

+6.34%

5-year annualized return (CAGR)

+5.60%

10-year annualized return (CAGR)

+5.99%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+7.11%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

3.67%

Excess return per unit of total volatility (rf = 6.5%)

-0.04

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-0.06

Largest peak-to-trough decline over full history

-9.17%

Benchmark ratios

Not shown for Gilt Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Gilt Fund)

Period	Fund	Category avg.	Diff
1M abs	-0.93%	-0.38%	-0.55%
3M abs	-1.97%	-0.99%	-0.98%
6M abs	+4.60%	+4.23%	+0.37%
1Y CAGR	+1.94%	+2.51%	-0.57%
3Y CAGR	+6.34%	+6.17%	+0.17%
5Y CAGR	+5.60%	+5.58%	+0.02%

Category average across peers in Gilt Fund (up to 24 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 24 peers in Gilt Fund

1Y return

+1.94%

Beats 41.7% · rank #15

3Y return

+6.34%

Beats 63.6% · rank #9

5Y return

+5.60%

Beats 63.2% · rank #8

Sharpe

-0.04

Beats 68.2% · rank #8

Sortino

-0.06

Beats 68.2% · rank #8

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.86L

Absolute

+14.34%

XIRR

+5.47%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Invesco India Gilt Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+1.18%
2025	+5.01%
2024	+10.79%
2023	+7.40%
2022	+3.14%
2021	+1.45%
2020	+9.16%
2019	+10.47%
2018	+7.01%
2017	+1.95%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

3,319

Expense ratio

0.48%

AUM

₹147.93Cr

YTM (from holdings)

6.95%

Average maturity

18.92 years

Exit load

Nil

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Gilt Fund

Compare all


Invesco India Gilt FundThis fund Invesco · Direct · Growth	★★☆☆☆	+1.94%	+6.34%	+5.60%	—	0.48%	₹147.93Cr
Bandhan Gilt Fund Bandhan · Direct · Growth	★★★★☆	+7.28%	+8.04%	+6.44%	—	0.57%	₹1,970Cr
Axis Gilt Fund Axis · Direct · Growth	★★★★★	+3.38%	+7.01%	+5.90%	—	0.46%	₹431.63Cr
ICICI Prudential Gilt Fund ICICI Prudential · Direct · Growth	★★★★★	+3.40%	+6.72%	+6.36%	—	0.58%	₹8,858Cr
DSP Gilt Fund DSP · Direct · Growth	★★★☆☆	+2.40%	+6.69%	+5.89%	—	0.59%	₹1,264Cr
SBI Gilt Fund SBI · Direct · Growth	★★★★★	+3.33%	+6.55%	+6.21%	—	0.50%	₹8,746Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt70.87%
Cash & Equivalents29.13%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-9.2%27 May 2013 → 19 Aug 2013
Fell over 3 months, back to the old high on 21 May 2014 — 9 months under water after the low.
-6.2%03 Aug 2017 → 22 Feb 2018
Fell over 7 months, back to the old high on 02 Nov 2018 — 8 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹147.93Cr

April - June 2026

-45%

since January - March 2026

−₹118.15Cr

est. net flow, last quarter

Down +45% from its peak of ₹266.86Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Invesco Mutual Fund is the Indian arm of Invesco, the US asset manager. It began life as Lotus India Mutual Fund, was bought by Religare in 2008 and ran as Religare Invesco until Invesco took full ownership in 2016.

Launched

23 Jul 2006

Total AUM

₹1,64,687Cr+12.8% QoQ

Avg AUM · July - September 2026

Website

invescomutualfund.com

Fund Managers

KCKrishna CheemalapatiStart date not disclosed

Role

Fund Manager - Fixed Income

Total experience

More than 25 years

Education

B.E. (ECE), PGDBA, CFA (ICFAI, Hyderabad)

Experience

Jan 18, 2011 - till date Invesco Asset Management (India) Pvt. Ltd. Jakhotia Mr. Manish Kalani, Equities), Mr. Krishna Income & Gold/Silver Krishna Cheemalapati Deepak Gupta (For

Funds managed (22)

All schemes Krishna Cheemalapati runs →

VGVikas GargStart date not disclosed

Role

Head - Fixed Income

Total experience

More than 20 years

Education

B. Tech., M. Tech. (Chemical Engineering, IIT, Delhi), PGDBM (XLRI, Jamshedpur), CFA Charter - USA

Experience

March 23, 2020 - till date Invesco Asset Management (India) Pvt. Ltd. November 26, 2012 to March 20, 2020 Portfolio Manager - Fixed Income - L&T Investment Management Ltd. May 10, 2010 to November 23, 2012 Credit Analyst - FIL Fund Management Pvt. Ltd.

Funds managed (15)

All schemes Vikas Garg runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Krishna Cheemalapati Vikas Garg

Invesco in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Gilt funds

Gilt funds lend only to the government, so they carry no credit risk. Their prices do move with interest rates, though — they can swing when rate expectations change.

Frequently asked questions

What is the NAV of Invesco India Gilt Fund?

As of 05 Oct 2026, the NAV of Invesco India Gilt Fund is ₹3,202.28 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Invesco India Gilt Fund delivered?

Invesco India Gilt Fund has returned +1.94% over 1 year, +6.34% per year over 3 years, +5.60% per year over 5 years and +7.11% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Invesco India Gilt Fund?

Invesco India Gilt Fund charges an expense ratio of 0.48% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Invesco India Gilt Fund?

Invesco India Gilt Fund's largest holdings are 7.06% Government of India 2041 (26.8%), 7.24% Government of India 2055 (25.9%) and 7.71% Government of India 2066 (18.1%). Holdings are disclosed monthly and change over time.

How risky is Invesco India Gilt Fund?

Invesco India Gilt Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.7% and its worst peak-to-trough fall in our sample was -9.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -0.04 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Invesco India Gilt Fund's -0.04 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Invesco India Gilt Fund?

Invesco India Gilt Fund is benchmarked against the NIFTY All Duration G-Sec Index. Its alpha and beta on this page are measured against that index.

Who manages Invesco India Gilt Fund?

Invesco India Gilt Fund is managed by Krishna Cheemalapati and Vikas Garg at Invesco.

How is Invesco India Gilt Fund taxed?

Invesco India Gilt Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.