Invesco India Balanced Advantage Fund
The fund has shifted decisively toward equity exposure at 71.5%, signaling conviction in market strength despite maintaining a substantial cash cushion of nearly 19%. The portfolio shows pronounced concentration in banking and financial sectors, with HDFC and ICICI anchoring a defensive tilt complemented by selective exposure to energy and IT. This month's additions of State Bank of India and construction plays, combined with reduced government securities holdings, suggest the manager is rotating from rate-sensitive bonds into cyclical stocks while keeping dry powder for tactical opportunities.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹61.2400 | -1.42% | — | — | — |
| Regular Growth | ₹51.1200 | -1.50% | -3.75% | +9.37% | +8.52% |
| Direct IDCW | ₹21.5400 | -2.05% | — | — | — |
| Regular IDCW | ₹17.1800 | -2.28% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| State Bank of India | 0.82% |
| KNR Constructions Limited | 0.24% |
| 7.8% National Bank For Agriculture and Rural Development 2027 ** | 2.45% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Net Receivables / (Payables) | 14.91% |
| 2 | Invesco India Short Duration Fund - Direct Plan - Growth INF205K01UH8 | 8.30% |
| 3 | HDFC Bank Limited INE040A01034 | 8.07% |
| 4 | Invesco India Low Duration Fund - Direct Plan - Growth INF205K01NY8 | 7.64% |
| 5 | Reliance Industries Limited INE002A01018 | 7.44% |
| 6 | ICICI Bank Limited INE090A01021 | 4.75% |
| 7 | Eternal Limited INE758T01015 | 4.24% |
| 8 | Triparty Repo | 4.03% |
| 9 | Infosys Limited INE009A01021 | 3.12% |
| 10 | Larsen & Toubro Limited INE018A01030 | 2.94% |
| 11 | Kotak Mahindra Bank Ltd INE237A01036 | 2.75% |
| 12 | 7.8% National Bank For Agriculture and Rural Development 2027 ** INE261F08EF5 | 2.45% |
| 13 | Jio Financial Services Limited INE758E01017 | 2.35% |
| 14 | Tata Consultancy Services Limited INE467B01029 | 2.34% |
| 15 | 7.26% Government of India 2029 IN0020180454 | 1.99% |
| 16 | Axis Bank Limited INE238A01034 | 1.86% |
| 17 | ICICI Lombard General Insurance Company Limited INE765G01017 | 1.81% |
| 18 | ITC Limited INE154A01025 | 1.78% |
| 19 | UltraTech Cement Limited INE481G01011 | 1.70% |
| 20 | Invesco India Medium Dur Fund - Direct - Growth INF205KA1429 | 1.64% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Invesco India Balanced Advantage Fund hold?
Invesco India Balanced Advantage Fund holds 46 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 36.20% of NAV.
What is the largest holding in Invesco India Balanced Advantage Fund?
The largest position in Invesco India Balanced Advantage Fund is Net Receivables / (Payables), accounting for 14.91% of NAV.
Is Invesco India Balanced Advantage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.454, Invesco India Balanced Advantage Fund is moderately concentrated. The HHI concentration index is 38,449 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 36.20% of the portfolio.
What is the market cap allocation of Invesco India Balanced Advantage Fund?
Based on SEBI's AMFI classification, Invesco India Balanced Advantage Fund's equity portfolio is split as: Large Cap: 58.95%, Mid Cap: 6.04%, Small Cap: 2.84%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Invesco India Balanced Advantage Fund invest in most?
Invesco India Balanced Advantage Fund has the highest allocation to Banks (18.48%), IT - Software (7.64%), Petroleum Products (7.44%). The fund is invested across 24 sectors in total.
How actively managed is Invesco India Balanced Advantage Fund compared to other Dynamic Asset Allocation Fund funds?
Invesco India Balanced Advantage Fund has an Active Share of 64.66%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Invesco India Balanced Advantage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Invesco India Balanced Advantage Fund added 3 new stocks (including State Bank of India) and exited 4 stocks (including Torrent Pharmaceuticals Limited). Total holding count decreased from 49 to 48 stocks.