Invesco India Focused Fund
This is the Direct plan of Invesco India Focused 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.
Performance
Scorecard
★★★★☆4/5 vs 27 Focused 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 Focused Fund (same plan and option).
3Y CAGR +20.09% · ranks 1 of 27 Focused Funds
Volatility 16.1% vs 14.6% category avg
0.7% expense vs 1.2% category avg
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
- Ahead of the Focused Fund average on 3M/6M/1Y — 1Y by 2.96pp
- 3-year return (+20.09%) beats the Focused Fund average (+11.47%)
- 5-year return (+14.30%) beats the Focused Fund average (+10.19%)
- Stronger risk-adjusted returns — Sharpe 0.84 vs 0.34 Focused Fund average
- Low expense ratio (0.69%) vs the Focused Fund average of 1.16%
Concerns
- More volatile than its Focused Fund peers (16.1% vs 14.6%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Focused Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.60% | -4.64% | +0.04% |
| 3M abs | -0.13% | -2.96% | +2.83% |
| 6M abs | +21.59% | +10.22% | +11.37% |
| 1Y CAGR | +3.79% | +0.83% | +2.96% |
| 3Y CAGR | +20.09% | +11.47% | +8.62% |
| 5Y CAGR | +14.30% | +10.19% | +4.11% |
Category average across peers in Focused Fund (up to 27 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 27 peers in Focused Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Invesco India Focused 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 | Nifty 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | +7.28% | -7.18% | +14.46% | |
| 2025 | -5.69% | +7.94% | -13.63% | |
| 2024 | +45.09% | +16.43% | +28.66% | |
| 2023 | +36.29% | +27.43% | +8.86% | |
| 2022 | -7.22% | +4.34% | -11.56% | |
| 2021 | +43.16% | +31.59% | +11.57% | |
| 2020part | +16.88% | — | — |
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; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity96.69%
- Cash & Equivalents3.31%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹5,225Cr in April - June 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.
Fund Managers
TBTaher BadshahStart date not disclosed
Chief Investment Officer - Equities & Debt
More than 30 years
BE (Electronics), MMS (Finance), Mumbai University
January 10, 2017 – till date Invesco Asset Management (India) Pvt. Ltd. June 22, 2010 – December 9, 2016 Senior Vice President and Head of Equities - Motilal Oswal Asset Management Company Ltd.
HJHiten JainStart date not disclosed
Fund Manager - Equity
More than 15 years
B.E. (Electronics & Telecom), Global M.B.A. (Finance), C.F.A. (USA).
May 23, 2016 – till date Invesco Asset Management (India) Pvt. Ltd. August 05, 2010 – May 20, 2016 Global Research & Analytics - CRISIL Ltd., Mumbai. and Mr. Krishna
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
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.
MF IDCW alert: ICICI Prudential, Invesco announce payouts across 5 schemes; check dates and amounts
Upstox · 19h ago
International mutual funds: Check fresh SIP and lump sum investment options; one PGIM scheme to reopen on October 8
Livemint · 3d ago
PGIM reopens global fund subscriptions; Invesco suspends fresh investments in 3 overseas schemes
Upstox · 4d ago
Suspension of fresh subscriptions in international schemes of Invesco Mutual Fund
Value Research · 5d ago
Should you continue your equity SIP when the stock market is falling? In this episode of MC Explains, we break down three reasons why continuing your equity SIP during a market correction can be important for long-term investors. Remember, continuing an
LinkedIn · 6d ago
Invesco India - Invesco Pan European Equity Fund of Fund - Regular Plan Growth
Alice Blue · 9d ago
6 international mutual funds are reopening: 5 delivered double-digit returns in 1 year - is it time to invest?
Livemint · 11d ago
Invesco Mutual Fund has resumed subscriptions in its international scheme
Value Research · 14d ago
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 Focused funds
Focused funds hold a concentrated portfolio of at most 30 stocks. Higher conviction can mean higher returns, but a few positions carry more of the outcome — so more concentration risk.
From the blog
Focused fund returns: 30 stocks, no wider spread
17 Sep 2026
To 16 Sep 2026 the median focused fund returned 11.53% a year over 3 years and flexi caps 10.80%, with a similar spread and volatility.
Sharpe ratios: which equity funds paid best for risk
09 Jul 2026
To 8 July 2026, the median diversified equity fund had a 3-year Sharpe ratio of 0.57. Bandhan Small Cap led at 1.22; mid caps led the categories at 0.81.
Frequently asked questions
What is the NAV of Invesco India Focused Fund?
As of 05 Oct 2026, the NAV of Invesco India Focused Fund is ₹31.09 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Invesco India Focused Fund delivered?
Invesco India Focused Fund has returned +3.79% over 1 year, +20.09% per year over 3 years, +14.30% per year over 5 years and +20.75% 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 Focused Fund?
Invesco India Focused Fund charges an expense ratio of 0.69% 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 Focused Fund?
Invesco India Focused Fund's largest holdings are ICICI Bank Limited (8.7%), Larsen & Toubro Limited (6.3%), Coforge Limited (5.7%), InterGlobe Aviation Limited (5.6%) and HDFC Bank Limited (5.4%). Holdings are disclosed monthly and change over time.
How risky is Invesco India Focused Fund?
Invesco India Focused Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.1% and its worst peak-to-trough fall in our sample was -22.0%. 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 0.84 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Invesco India Focused Fund's 0.84 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Invesco India Focused Fund?
Invesco India Focused Fund is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.
Who manages Invesco India Focused Fund?
Invesco India Focused Fund is managed by Taher Badshah and Hiten Jain at Invesco.
How is Invesco India Focused Fund taxed?
Invesco India Focused Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.