Invesco India Large & Mid Cap Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹119.0600 | +2.11% | — | — | — |
| Regular Growth | ₹99.6400 | +2.03% | +5.02% | +22.70% | +18.27% |
| Direct IDCW | ₹50.7100 | +2.11% | — | — | — |
| Regular IDCW | ₹40.3100 | +2.02% | — | — | — |
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 |
|---|---|
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Invesco India Large & Mid Cap Fund hold?
Invesco India Large & Mid Cap Fund holds 45 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 30.13% of NAV.
What is the largest holding in Invesco India Large & Mid Cap Fund?
The largest position in Invesco India Large & Mid Cap Fund is Max Healthcare Institute Limited, accounting for 7.07% of NAV in the Healthcare Services sector.
Is Invesco India Large & Mid Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.440, Invesco India Large & Mid Cap Fund is well-diversified. The HHI concentration index is 36,777 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 30.13% of the portfolio.
What is the market cap allocation of Invesco India Large & Mid Cap Fund?
Based on SEBI's AMFI classification, Invesco India Large & Mid Cap Fund's equity portfolio is split as: Large Cap: 41.08%, Mid Cap: 37.65%, Small Cap: 21.15%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Invesco India Large & Mid Cap Fund invest in most?
Invesco India Large & Mid Cap Fund has the highest allocation to Banks (14.98%), Retailing (12.80%), Healthcare Services (10.69%). The fund is invested across 21 sectors in total.
How actively managed is Invesco India Large & Mid Cap Fund compared to other Large & Mid Cap Fund funds?
Invesco India Large & Mid Cap Fund has an Active Share of 81.55%, classifying it as "Highly Differentiated" among 33 Large & Mid Cap Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Invesco India Large & Mid Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Invesco India Large & Mid Cap Fund added 1 new stock (including Torrent Power Limited) and exited 1 stock (including TVS Motor Company Limited). Total holding count remained at 47 stocks.