Invesco India Mid Cap Fund
The fund is heavily positioned for financial sector resilience and consumption recovery, with banks and retail together comprising over 26 percent of the portfolio. The concentrated top-10 holding of nearly half the assets signals conviction in quality midcaps, particularly in financials and real estate, though this concentration warrants caution for volatility-sensitive investors. Recent additions of Torrent Power and Tube Investments alongside substantial increases in Eternal suggest the manager is rotating toward diversified industrials and infrastructure plays, signaling optimism on broader economic growth beyond just banking and discretionary sectors.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹221.0000 | +3.10% | — | — | — |
| Regular Growth | ₹182.1100 | +3.01% | +9.05% | +25.15% | +21.50% |
| Direct IDCW | ₹77.1500 | +3.09% | — | — | — |
| Regular IDCW | ₹56.7500 | +2.99% | — | — | — |
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 | 2.02% |
| Tube Investments Of India Limited | 0.16% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Prestige Estates Projects Limited INE811K01011 | 6.19% |
| 2 | BSE Limited INE118H01025 | 5.88% |
| 3 | The Federal Bank Limited INE171A01029 | 5.44% |
| 4 | AU Small Finance Bank Limited INE949L01017 | 5.13% |
| 5 | Eternal Limited INE758T01015 | 4.49% |
| 6 | Max Healthcare Institute Limited INE027H01010 | 4.42% |
| 7 | Global Health Limited INE474Q01031 | 4.35% |
| 8 | InterGlobe Aviation Limited INE646L01027 | 4.14% |
| 9 | IndusInd Bank Limited ^^^ INE095A01012 | 4.02% |
| 10 | L&T Finance Limited INE498L01015 | 4.01% |
| 11 | Glenmark Pharmaceuticals Limited INE935A01035 | 3.81% |
| 12 | Max Financial Services Limited INE180A01020 | 3.58% |
| 13 | JK Cement Limited INE823G01014 | 3.50% |
| 14 | Sai Life Sciences Limited INE570L01029 | 3.11% |
| 15 | Amber Enterprises India Limited INE371P01015 | 2.79% |
| 16 | Trent Limited INE849A01020 | 2.70% |
| 17 | SRF Limited INE647A01010 | 2.58% |
| 18 | Swiggy Limited INE00H001014 | 2.47% |
| 19 | ICICI Lombard General Insurance Company Limited INE765G01017 | 2.28% |
| 20 | FSN E-Commerce Ventures Limited INE388Y01029 | 2.26% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Invesco India Mid Cap Fund hold?
Invesco India Mid Cap Fund holds 42 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 27.13% of NAV.
What is the largest holding in Invesco India Mid Cap Fund?
The largest position in Invesco India Mid Cap Fund is Prestige Estates Projects Limited, accounting for 6.19% of NAV in the Realty sector.
Is Invesco India Mid Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.398, Invesco India Mid Cap Fund is well-diversified. The HHI concentration index is 35,570 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 27.13% of the portfolio.
What is the market cap allocation of Invesco India Mid Cap Fund?
Based on SEBI's AMFI classification, Invesco India Mid Cap Fund's equity portfolio is split as: Large Cap: 17.50%, Mid Cap: 65.98%, Small Cap: 16.40%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Invesco India Mid Cap Fund invest in most?
Invesco India Mid Cap Fund has the highest allocation to Banks (14.59%), Retailing (12.19%), Healthcare Services (10.72%). The fund is invested across 19 sectors in total.
How actively managed is Invesco India Mid Cap Fund compared to other Mid Cap Fund funds?
Invesco India Mid Cap Fund has an Active Share of 78.80%, classifying it as "Highly Differentiated" among 30 Mid Cap Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Invesco India Mid Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Invesco India Mid Cap Fund added 2 new stocks (including Torrent Power Limited) and exited 4 stocks (including HDFC Asset Management Company Limited). Total holding count decreased from 46 to 44 stocks.