Invesco India Equity Savings Fund
The fund is heavily tilted toward financial intermediaries, with banks representing over a quarter of the portfolio, signaling conviction in credit growth and margin expansion in this rate cycle. The manager added auto and fintech exposure while exiting retail and real estate plays, suggesting a tactical pivot toward sectors benefiting from consumption normalization and digital penetration. The substantial net receivables position and aggressive repo deployment indicate active liquidity management, paired with a lengthening of government bond duration—a calculated bet on falling yields ahead.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹18.2601 | — | — | — | — |
| Regular Growth | ₹16.2060 | -0.92% | -3.82% | +8.27% | +6.81% |
| Direct IDCW | ₹18.1810 | — | — | — | — |
| Regular IDCW | ₹16.2051 | — | — | — | — |
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 |
|---|---|
| Maruti Suzuki India Limited | 1.15% |
| AU Small Finance Bank Limited | 0.52% |
| Jio Financial Services Limited | 0.16% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Net Receivables / (Payables) | 41.29% |
| 2 | Axis Bank Limited INE238A01034 | 7.94% |
| 3 | HDFC Bank Limited INE040A01034 | 5.94% |
| 4 | 6.48% Government of India 2035 IN0020250091 | 5.83% |
| 5 | Reliance Industries Limited INE002A01018 | 5.17% |
| 6 | Kotak Mahindra Bank Ltd INE237A01036 | 4.75% |
| 7 | United Spirits Limited INE854D01024 | 4.24% |
| 8 | Invesco India Liquid Fund - Direct Plan - Growth INF205K01MF9 | 3.74% |
| 9 | Triparty Repo | 3.74% |
| 10 | 8.30% Godrej Properties Limited 2027 ** INE484J08055 | 3.04% |
| 11 | 7.44% Small Industries Dev Bank of India 2026 INE556F08KI9 | 3.03% |
| 12 | Infosys Limited INE009A01021 | 2.53% |
| 13 | ICICI Bank Limited INE090A01021 | 2.50% |
| 14 | Bajaj Finance Ltd INE296A01032 | 2.30% |
| 15 | Hindustan Unilever Limited INE030A01027 | 2.30% |
| 16 | State Bank of India INE062A01020 | 2.26% |
| 17 | Cholamandalam Investment and Finance Company Ltd 2027 INE121A14YF8 | 2.00% |
| 18 | Invesco India Short Duration Fund - Direct Plan - Growth INF205K01UH8 | 1.98% |
| 19 | Power Grid Corporation of India Limited INE752E01010 | 1.89% |
| 20 | Tube Investments Of India Limited INE974X01010 | 1.61% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Invesco India Equity Savings Fund hold?
Invesco India Equity Savings Fund holds 61 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 29.63% of NAV.
What is the largest holding in Invesco India Equity Savings Fund?
The largest position in Invesco India Equity Savings Fund is Net Receivables / (Payables), accounting for 41.29% of NAV.
Is Invesco India Equity Savings Fund a concentrated or diversified fund?
With a Gini coefficient of 0.520, Invesco India Equity Savings Fund is moderately concentrated. The HHI concentration index is 30,565 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 29.63% of the portfolio.
What is the market cap allocation of Invesco India Equity Savings Fund?
Based on SEBI's AMFI classification, Invesco India Equity Savings Fund's equity portfolio is split as: Large Cap: 46.62%, Mid Cap: 10.51%, Small Cap: 5.12%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Invesco India Equity Savings Fund invest in most?
Invesco India Equity Savings Fund has the highest allocation to Banks (25.33%), SOVEREIGN (8.87%), Petroleum Products (5.17%). The fund is invested across 31 sectors in total.
How actively managed is Invesco India Equity Savings Fund compared to other Equity Savings funds?
Invesco India Equity Savings Fund has an Active Share of 63.24%, classifying it as "Active Stock Picker" among 23 Equity Savings peers. This indicates a moderate level of differentiation from category peers.
What changed in Invesco India Equity Savings Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Invesco India Equity Savings Fund added 3 new stocks (including Maruti Suzuki India Limited) and exited 5 stocks (including Trent Limited). Total holding count decreased from 65 to 63 stocks.