Invesco India Large & Mid Cap Fund
Invesco Mutual Fund·Large & Mid Cap Fund·vs Nifty LargeMidcap 250 TRI
The fund is positioning for consumption recovery and financial sector strength, with healthcare and retail collectively forming a quarter of the portfolio. The manager is doubling down on banking conviction through a meaningful ICICI Bank increase while trimming delivery-focused discretionary plays like Swiggy, suggesting a shift toward established financial intermediaries over high-growth tech-enabled services. The concentrated top-10 at 50 percent reflects conviction bets rather than diversification.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹117.4300 | +3.66% | — | — | — | — | — |
| Regular Growth | ₹98.2800 | +3.57% | -1.81% | -4.09% | +5.13% | +22.31% | +17.95% |
| Direct IDCW | ₹50.0200 | +3.67% | — | — | — | — | — |
| Regular IDCW | ₹39.7600 | +3.57% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
45
Top 5 Weight
30.13%
Top 10 Weight
50.16%
Active Share
—
Large Cap
41.08%
Gini
0.440
What Changed2026-03-31 → 2026-04-30
Holdings: 47 → 47+1 added−1 removed27 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Torrent Power Limited | 0.62% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Max Healthcare Institute Limited INE027H01010 | 7.07% |
| 2 | Eternal Limited INE758T01015 | 6.26% |
| 3 | InterGlobe Aviation Limited INE646L01027 | 6.12% |
| 4 | ICICI Bank Limited INE090A01021 | 5.99% |
| 5 | Sai Life Sciences Limited INE570L01029 | 4.69% |
| 6 | Trent Limited INE849A01020 | 4.62% |
| 7 | Prestige Estates Projects Limited INE811K01011 | 4.54% |
| 8 | BSE Limited INE118H01025 | 4.12% |
| 9 | ABB India Limited INE117A01022 | 3.44% |
| 10 | Glenmark Pharmaceuticals Limited INE935A01035 | 3.31% |
| 11 | L&T Finance Limited INE498L01015 | 3.25% |
| 12 | The Federal Bank Limited INE171A01029 | 3.23% |
| 13 | Amber Enterprises India Limited INE371P01015 | 3.09% |
| 14 | AU Small Finance Bank Limited INE949L01017 | 3.00% |
| 15 | IndusInd Bank Limited ^^^ INE095A01012 | 2.76% |
| 16 | Cholamandalam Investment and Finance Company Limited INE121A01024 | 2.61% |
| 17 | Aditya Infotech Limited INE819V01029 | 2.45% |
| 18 | JK Cement Limited INE823G01014 | 2.23% |
| 19 | Global Health Limited INE474Q01031 | 1.95% |
| 20 | Bharti Airtel Limited INE397D01024 | 1.84% |
Sector Allocation
Banks15.0%
Retailing12.8%
Healthcare Services10.7%
Pharmaceuticals & Biotechnology8.4%
Realty7.3%
Transport Services6.1%
Finance5.9%
Capital Markets5.6%
Consumer Durables4.5%
Cement & Cement Products3.9%
Top 10 sectors by % to NAV. Excludes derivatives.