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Invesco India Nifty Bank Index Fund

Q: What is the NAV of Invesco India Nifty Bank Index Fund?

As of 20 Aug 2026, the NAV of Invesco India Nifty Bank Index Fund is ₹10.61 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Invesco India Nifty Bank Index Fund delivered?

Invesco India Nifty Bank Index Fund has returned +7.32% 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 Nifty Bank Index Fund?

Invesco India Nifty Bank Index Fund charges an expense ratio of 1.41% 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 Nifty Bank Index Fund?

Its largest holdings are HDFC Bank Ltd (19.1%), ICICI Bank Ltd (14.0%), State Bank of India (9.9%), Axis Bank Ltd (9.5%) and Kotak Mahindra Bank Ltd (9.2%). Holdings are disclosed monthly and change over time.

Q: How risky is Invesco India Nifty Bank Index Fund?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.4% and its worst peak-to-trough fall in our sample was -3.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Invesco India Nifty Bank Index Fund?

Invesco India Nifty Bank Index Fund is benchmarked against the NIFTY Bank Total Return Index. Its alpha and beta on this page are measured against that index.

Q: Who manages Invesco India Nifty Bank Index Fund?

Invesco India Nifty Bank Index Fund is managed by Abhisek Bahinipati at Invesco.

Q: How is Invesco India Nifty Bank Index Fund taxed?

Invesco India Nifty Bank Index 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.

Invesco Mutual Fund · Best Index Funds

This is the Regular plan of Invesco India Nifty Bank Index Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

NAV

₹10.61

+0.44% 1D

as of 20 Aug 2026

Compare SIP calculator

Performance

+7.32%absolute

52-week rangePrev NAV ₹10.56

Latest ₹10.61

Low ₹9.8381st percentile of its 52-week rangeHigh ₹10.79

Scorecard

Not rated

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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Index Funds peers to rank yet

RiskHigh

Volatility 14.4% vs 12.2% category avg

CostHigh

1.4% expense vs 0.9% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

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

Strengths

No standout strengths identified.

Concerns

More volatile than its Index Funds peers (14.4% vs 12.2%)
High expense ratio (1.41%) vs the Index Funds average of 0.91%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 0.91%

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

Category 23.29

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

—

Category 0.20

Scheme Info

Definitions

Plan

Regular · Growth

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

Exit Load

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

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

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.

15 May 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

-0.67%

Absolute return over the last 3 months (not annualized)

+7.62%

Absolute return over the last 6 months (not annualized)

—

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

+7.32%

Annualized returns (≥1Y — CAGR)

Definitions

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

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the fund's inception

+7.32%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

14.44%

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

—

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

—

Largest peak-to-trough decline over full history

-3.28%

Benchmark ratios (vs Nifty Bank · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty Bank

—

Sensitivity to Nifty Bank moves; 1 = moves with the index

—

How much of the fund's movement Nifty Bank explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty Bank price index — the closest match to this fund's mandate. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Index Funds)

Period	Fund	Category avg.	Diff
1M abs	-0.67%	+1.09%	-1.76%
3M abs	+7.62%	+4.01%	+3.61%
6M abs	—	+2.51%	—
1Y CAGR	—	+4.08%	—
3Y CAGR	—	+11.02%	—
5Y CAGR	—	+10.88%	—

Category average across peers in Index Funds (361 of 364 carry a figure for at least one period), 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.

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

₹30.00K

Current value

₹29.91K

Absolute

-0.31%

XIRR

-3.63%

Value vs. invested

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

History points

Expense ratio

AUM

Portfolio turnover

Exit load

P/E ratio

P/B ratio

Avg market cap

Taxation

Taxed as equity

This 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.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

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.

Peer comparison · Index Funds

Compare all


Invesco India Nifty Bank Index FundThis fund Invesco	—	—	—	—	13.50	1.41%	₹16.54Cr
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential	★★★★☆	+37.18%	+31.12%	—	—	1.06%	₹3,348Cr
Motilal Oswal S&P 500 Index Fund Motilal Oswal	★★★★☆	+31.00%	+25.86%	+17.23%	—	1.06%	₹4,500Cr
UTI Nifty 500 Value 50 Index Fund UTI	★★★★☆	+13.89%	+24.71%	—	7.31	1.24%	₹729.68Cr
ICICI Prudential Nifty Auto Index Fund ICICI Prudential	★★★★☆	+15.20%	+23.76%	—	13.86	0.95%	₹216.49Cr
Motilal Oswal BSE Enhanced Value Index Fund Motilal Oswal	★★★★☆	+9.36%	+23.48%	—	6.04	1.16%	₹2,077Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap75.8%
Mid cap24.2%
Small cap0.0%

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 Index funds & ETFs

Index funds and ETFs simply track a benchmark such as the Nifty 50 rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost.

Frequently asked questions

What is the NAV of Invesco India Nifty Bank Index Fund?

As of 20 Aug 2026, the NAV of Invesco India Nifty Bank Index Fund is ₹10.61 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Invesco India Nifty Bank Index Fund delivered?

Invesco India Nifty Bank Index Fund has returned +7.32% 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 Nifty Bank Index Fund?

Invesco India Nifty Bank Index Fund charges an expense ratio of 1.41% 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 Nifty Bank Index Fund?

Its largest holdings are HDFC Bank Ltd (19.1%), ICICI Bank Ltd (14.0%), State Bank of India (9.9%), Axis Bank Ltd (9.5%) and Kotak Mahindra Bank Ltd (9.2%). Holdings are disclosed monthly and change over time.

How risky is Invesco India Nifty Bank Index Fund?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.4% and its worst peak-to-trough fall in our sample was -3.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Invesco India Nifty Bank Index Fund?

Invesco India Nifty Bank Index Fund is benchmarked against the NIFTY Bank Total Return Index. Its alpha and beta on this page are measured against that index.

Who manages Invesco India Nifty Bank Index Fund?

Invesco India Nifty Bank Index Fund is managed by Abhisek Bahinipati at Invesco.

How is Invesco India Nifty Bank Index Fund taxed?

Invesco India Nifty Bank Index 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.