Invesco India Focused Fund
The fund maintains a highly concentrated 25-stock portfolio tilted toward cyclicals—banks, transport, autos, and capital markets together represent over 43 percent of holdings. The manager's conviction is evident in the aggressive positioning of quality franchises like ICICI and HDFC Bank alongside higher-growth bets like Ather Energy and InterGlobe Aviation, suggesting confidence in a durable consumption and infrastructure cycle. The recent exit from liquid funds and tripling of repo exposure signal a tactical shift toward liquidity management while keeping dry powder ready.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹28.3600 | — | — | — | — |
| Regular Growth | ₹26.0900 | -0.34% | -6.59% | +21.02% | +15.93% |
| Direct IDCW | ₹20.8600 | — | — | — | — |
| Regular IDCW | ₹18.7700 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| The Phoenix Mills Limited | 1.93% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 8.36% |
| 2 | Larsen & Toubro Limited INE018A01030 | 7.90% |
| 3 | HDFC Bank Limited INE040A01034 | 7.16% |
| 4 | InterGlobe Aviation Limited INE646L01027 | 5.80% |
| 5 | Ather Energy Limited INE0LEZ01016 | 5.17% |
| 6 | Hitachi Energy India Limited INE07Y701011 | 5.04% |
| 7 | Hindustan Aeronautics Limited INE066F01020 | 5.03% |
| 8 | Triparty Repo | 4.70% |
| 9 | Nuvama Wealth Management Ltd INE531F01023 | 4.62% |
| 10 | Cholamandalam Investment and Finance Company Limited INE121A01024 | 4.51% |
| 11 | Coforge Limited INE591G01025 | 4.32% |
| 12 | Delhivery Limited INE148O01028 | 4.22% |
| 13 | Persistent Systems Ltd ‡ INE262H01021 | 4.19% |
| 14 | TVS Motor Company Limited INE494B01023 | 4.11% |
| 15 | Dixon Technologies (India) Limited INE935N01020 | 4.06% |
| 16 | Eternal Limited INE758T01015 | 4.06% |
| 17 | Global Health Limited INE474Q01031 | 3.54% |
| 18 | Multi Commodity Exchange of India Limited INE745G01043 | 3.45% |
| 19 | BEML Limited INE258A01024 | 2.71% |
| 20 | Aditya Birla Real Estate Limited INE055A01016 | 2.05% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Invesco India Focused Fund hold?
Invesco India Focused Fund holds 23 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 34.39% of NAV.
What is the largest holding in Invesco India Focused Fund?
The largest position in Invesco India Focused Fund is ICICI Bank Limited, accounting for 8.36% of NAV in the Banks sector.
Is Invesco India Focused Fund a concentrated or diversified fund?
With a Gini coefficient of 0.261, Invesco India Focused Fund is well-diversified. The HHI concentration index is 48,485 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 34.39% of the portfolio.
What is the market cap allocation of Invesco India Focused Fund?
Based on SEBI's AMFI classification, Invesco India Focused Fund's equity portfolio is split as: Large Cap: 46.93%, Mid Cap: 23.08%, Small Cap: 20.43%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Invesco India Focused Fund invest in most?
Invesco India Focused Fund has the highest allocation to Banks (15.52%), Transport Services (10.02%), Automobiles (9.30%). The fund is invested across 16 sectors in total.
How actively managed is Invesco India Focused Fund compared to other Focused Fund funds?
Invesco India Focused Fund has an Active Share of 74.68%, classifying it as "Highly Differentiated" among 27 Focused Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Invesco India Focused Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Invesco India Focused Fund added 1 new stock (including The Phoenix Mills Limited) and exited 1 stock (including Invesco India Liquid Fund - Direct Plan - Growth). Total holding count remained at 25 stocks.