Invesco India Flexi Cap Fund
The fund maintains a decisively financials-tilted posture, with banks and related services commanding nearly 30% of assets—a structural bet on India's credit cycle and institutional strength. The manager's recent trimming of HDFC Bank while bolstering L&T signals a rotation toward capital-intensive infrastructure plays, suggesting conviction that valuations have shifted in favour of cyclical industrial stocks over defensive banking majors. Minimal cash and concentrated top holdings leave little room for tactical flexibility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹19.0600 | — | — | — | — |
| Regular Growth | ₹17.8800 | +0.39% | -1.97% | +18.23% | — |
| Direct IDCW | ₹17.0600 | — | — | — | — |
| Regular IDCW | ₹15.8900 | — | — | — | — |
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 |
|---|---|
| Transformers And Rectifiers (India) Limited | 0.75% |
| RBL Bank Limited | 0.25% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 5.43% |
| 2 | Larsen & Toubro Limited INE018A01030 | 4.61% |
| 3 | HDFC Bank Limited INE040A01034 | 3.78% |
| 4 | InterGlobe Aviation Limited INE646L01027 | 3.15% |
| 5 | Cholamandalam Investment and Finance Company Limited INE121A01024 | 2.93% |
| 6 | Max Healthcare Institute Limited INE027H01010 | 2.72% |
| 7 | Sai Life Sciences Limited INE570L01029 | 2.58% |
| 8 | Bajaj Finance Ltd INE296A01032 | 2.56% |
| 9 | Titan Company Limited INE280A01028 | 2.52% |
| 10 | BSE Limited INE118H01025 | 2.51% |
| 11 | Multi Commodity Exchange of India Limited INE745G01043 | 2.38% |
| 12 | Trent Limited INE849A01020 | 2.22% |
| 13 | PB Fintech Limited INE417T01026 | 2.17% |
| 14 | Eternal Limited INE758T01015 | 2.16% |
| 15 | AU Small Finance Bank Limited INE949L01017 | 2.11% |
| 16 | HDFC Asset Management Company Limited INE127D01025 | 1.98% |
| 17 | TVS Motor Company Limited INE494B01023 | 1.85% |
| 18 | Tata Motors Ltd INE1TAE01010 | 1.84% |
| 19 | L&T Finance Limited INE498L01015 | 1.80% |
| 20 | Bharti Airtel Limited INE397D01024 | 1.76% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Invesco India Flexi Cap Fund hold?
Invesco India Flexi Cap Fund holds 67 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 19.90% of NAV.
What is the largest holding in Invesco India Flexi Cap Fund?
The largest position in Invesco India Flexi Cap Fund is ICICI Bank Limited, accounting for 5.43% of NAV in the Banks sector.
Is Invesco India Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.350, Invesco India Flexi Cap Fund is well-diversified. The HHI concentration index is 21,104 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 19.90% of the portfolio.
What is the market cap allocation of Invesco India Flexi Cap Fund?
Based on SEBI's AMFI classification, Invesco India Flexi Cap Fund's equity portfolio is split as: Large Cap: 47.98%, Mid Cap: 27.58%, Small Cap: 19.72%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Invesco India Flexi Cap Fund invest in most?
Invesco India Flexi Cap Fund has the highest allocation to Banks (11.57%), Finance (8.90%), Capital Markets (8.89%). The fund is invested across 24 sectors in total.
How actively managed is Invesco India Flexi Cap Fund compared to other Flexi Cap Fund funds?
Invesco India Flexi Cap Fund has an Active Share of 68.18%, classifying it as "Active Stock Picker" among 41 Flexi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Invesco India Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Invesco India Flexi Cap Fund added 2 new stocks (including Transformers And Rectifiers (India) Limited). Total holding count increased from 67 to 69 stocks.