Invesco India Flexi Cap Fund
Invesco Mutual Fund·Flexi Cap Fund·vs Nifty 500 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹18.9000 | — | — | — | — | — | — |
| Regular Growth | ₹17.7200 | +2.13% | -2.80% | -7.37% | -1.66% | +17.98% | — |
| Direct IDCW | ₹16.9100 | — | — | — | — | — | — |
| Regular IDCW | ₹15.7600 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
67
Top 5 Weight
19.90%
Top 10 Weight
32.79%
Active Share
—
Large Cap
47.98%
Gini
0.350
What Changed2026-03-31 → 2026-04-30
Holdings: 67 → 69+2 added−0 removed34 weight shifts ≥ 0.1%
| 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
Banks11.6%
Finance8.9%
Capital Markets8.9%
Retailing8.2%
Healthcare Services8.0%
IT - Software6.7%
Consumer Durables6.2%
Automobiles4.8%
Construction4.6%
Pharmaceuticals & Biotechnology3.6%
Top 10 sectors by % to NAV. Excludes derivatives.