Invesco India Multicap Fund
The fund maintains a balanced multicap stance with moderate concentration, evidenced by a 28% top-10 weight. Its positioning heavily favours financial services—banks alone comprise 16.7%—alongside selective exposure to retail and healthcare, suggesting conviction in domestic consumption and financial intermediation. Recent portfolio shuffles introducing consumer staples and discretionary names alongside exits from real estate signal the manager is rotating toward more defensive, cash-generative businesses, likely hedging against potential economic headwinds while maintaining growth participation through quality compounders.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹146.8700 | +1.15% | — | — | — |
| Regular Growth | ₹122.2400 | +1.06% | -5.14% | +14.80% | +13.99% |
| Direct IDCW | ₹132.9000 | +1.15% | — | — | — |
| Regular IDCW | ₹110.8400 | +1.06% | — | — | — |
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 |
|---|---|
| Aditya Birla Sun Life AMC Limited | 0.97% |
| Avenue Supermarts Limited | 0.77% |
| Tube Investments Of India Limited | 0.50% |
| Tata Consumer Products Limited | 0.49% |
| CCL Products (India) Limited | 0.41% |
| Sedemac Mechatronics Limited | 0.17% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Eternal Limited INE758T01015 | 3.60% |
| 2 | ICICI Bank Limited INE090A01021 | 3.38% |
| 3 | Axis Bank Limited INE238A01034 | 2.89% |
| 4 | InterGlobe Aviation Limited INE646L01027 | 2.89% |
| 5 | BSE Limited INE118H01025 | 2.80% |
| 6 | Krishna Institute Of Medical Sciences Limited INE967H01025 | 2.69% |
| 7 | HDFC Bank Limited INE040A01034 | 2.60% |
| 8 | Sai Life Sciences Limited INE570L01029 | 2.53% |
| 9 | AU Small Finance Bank Limited INE949L01017 | 2.46% |
| 10 | Nippon Life India Asset Management Limited INE298J01013 | 2.31% |
| 11 | TVS Motor Company Limited INE494B01023 | 2.28% |
| 12 | Dr Agarwals Health Care Limited INE943P01029 | 2.27% |
| 13 | Delhivery Limited INE148O01028 | 2.23% |
| 14 | Multi Commodity Exchange of India Limited INE745G01043 | 2.23% |
| 15 | Max Healthcare Institute Limited INE027H01010 | 2.22% |
| 16 | Cholamandalam Investment and Finance Company Limited INE121A01024 | 2.22% |
| 17 | Bharti Airtel Limited INE397D01024 | 2.10% |
| 18 | Prestige Estates Projects Limited INE811K01011 | 2.07% |
| 19 | Amber Enterprises India Limited INE371P01015 | 2.06% |
| 20 | Persistent Systems Ltd ‡ INE262H01021 | 2.04% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Invesco India Multicap Fund hold?
Invesco India Multicap Fund holds 63 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 15.56% of NAV.
What is the largest holding in Invesco India Multicap Fund?
The largest position in Invesco India Multicap Fund is Eternal Limited, accounting for 3.60% of NAV in the Retailing sector.
Is Invesco India Multicap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.284, Invesco India Multicap Fund is well-diversified. The HHI concentration index is 19,279 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 15.56% of the portfolio.
What is the market cap allocation of Invesco India Multicap Fund?
Based on SEBI's AMFI classification, Invesco India Multicap Fund's equity portfolio is split as: Large Cap: 38.84%, Mid Cap: 31.15%, Small Cap: 26.12%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Invesco India Multicap Fund invest in most?
Invesco India Multicap Fund has the highest allocation to Banks (16.65%), Retailing (10.24%), Healthcare Services (8.93%). The fund is invested across 24 sectors in total.
How actively managed is Invesco India Multicap Fund compared to other Multi Cap Fund funds?
Invesco India Multicap Fund has an Active Share of 71.11%, classifying it as "Highly Differentiated" among 30 Multi Cap Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Invesco India Multicap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Invesco India Multicap Fund added 6 new stocks (including Aditya Birla Sun Life AMC Limited) and exited 2 stocks (including Jubilant Foodworks Limited). Total holding count increased from 61 to 65 stocks.