Invesco India Multi Asset Allocation Fund
The fund has significantly fortified its defensive posture by nearly quadrupling cash-equivalent positioning through a surge in triparty repo holdings, signaling caution about near-term market valuations. Its diversified multi-asset structure—anchored by gold exposure, US equity allocations, and domestic banking stocks—aims to weather volatility while capturing midcap growth through ETF intermediaries. The manager appears to be trading near-term convictions for liquidity, suggesting a wait-and-watch stance before deploying fresh capital into equities.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹12.5600 | — | — | — | — |
| Regular Growth | ₹12.3300 | +0.98% | +16.65% | — | — |
| Direct IDCW | ₹12.5400 | — | — | — | — |
| Regular IDCW | ₹12.3300 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive 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 |
|---|---|
| Invesco India Gold Exchange Traded Fund | 12.84% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Invesco US Value Equity Fund - C Acc Shares ## LU0607514121 | 13.92% |
| 2 | Invesco India Gold Exchange Traded Fund INF205KA1BP1 | 12.84% |
| 3 | Triparty Repo | 7.37% |
| 4 | HDFC Bank Limited INE040A01034 | 4.28% |
| 5 | Mirae Asset Nifty Midcap 150 ETF INF769K01IC9 | 4.11% |
| 6 | ICICI Prudential Nifty Midcap 150 ETF INF109KC11W8 | 4.10% |
| 7 | ICICI Bank Limited INE090A01021 | 3.35% |
| 8 | Invesco India Ultra Short Duration Fund - Direct Plan - Growth INF205K01TH0 | 2.89% |
| 9 | Raajmarg Infra Investment Trust INE2PB023011 | 2.62% |
| 10 | 7.04% Government of India 2029 IN0020240050 | 2.40% |
| 11 | 6.92% Government of India 2039 IN0020240134 | 2.30% |
| 12 | Reliance Industries Limited INE002A01018 | 2.27% |
| 13 | ICICI Prudential Silver ETF INF109KC1Y56 | 2.26% |
| 14 | HDFC Bank Limited 2027 ** # INE040A16IZ6 | 2.23% |
| 15 | 6.92% Power Finance Corporation Limited 2028 ** INE134E08OA7 | 1.88% |
| 16 | Bharti Airtel Limited INE397D01024 | 1.87% |
| 17 | Larsen & Toubro Limited INE018A01030 | 1.66% |
| 18 | Invesco India Low Duration Fund - Direct Plan - Growth INF205K01NY8 | 1.49% |
| 19 | 6.48% Government of India 2035 IN0020250091 | 1.37% |
| 20 | Infosys Limited INE009A01021 | 1.29% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Invesco India Multi Asset Allocation Fund hold?
Invesco India Multi Asset Allocation Fund holds 88 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 39.25% of NAV.
What is the largest holding in Invesco India Multi Asset Allocation Fund?
The largest position in Invesco India Multi Asset Allocation Fund is Invesco US Value Equity Fund - C Acc Shares ##, accounting for 13.92% of NAV.
Is Invesco India Multi Asset Allocation Fund a concentrated or diversified fund?
With a Gini coefficient of 0.677, Invesco India Multi Asset Allocation Fund is highly concentrated. The HHI concentration index is 49,202 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 39.25% of the portfolio.
What is the market cap allocation of Invesco India Multi Asset Allocation Fund?
Based on SEBI's AMFI classification, Invesco India Multi Asset Allocation Fund's equity portfolio is split as: Large Cap: 34.08%, Mid Cap: 0.61%, Small Cap: 0.00%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Invesco India Multi Asset Allocation Fund invest in most?
Invesco India Multi Asset Allocation Fund has the highest allocation to Banks (10.71%), SOVEREIGN (6.07%), CRISIL AAA (2.82%). The fund is invested across 35 sectors in total.
How actively managed is Invesco India Multi Asset Allocation Fund compared to other Multi Asset Allocation funds?
Invesco India Multi Asset Allocation Fund has an Active Share of 59.76%, classifying it as "Active Stock Picker" among 32 Multi Asset Allocation peers. This indicates a moderate level of differentiation from category peers.
What changed in Invesco India Multi Asset Allocation Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Invesco India Multi Asset Allocation Fund added 1 new stock (including Invesco India Gold Exchange Traded Fund) and exited 1 stock (including Invesco India Gold Exchange Traded Fund). Total holding count remained at 90 stocks.