Invesco India Infrastructure Fund
Invesco Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund remains heavily concentrated in electrical equipment and capital goods, betting on India's infrastructure capex cycle with 45% in its top ten holdings. Recent exits from energy and auto parts, coupled with fresh additions in construction and industrial machinery, signal the manager is rotating deeper into core infrastructure plays rather than tangential sectors. The sharp March rally and defensive cash positioning suggest conviction in the theme's near-term momentum while preserving flexibility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹77.1100 | +6.24% | — | — | — | — | — |
| Regular Growth | ₹63.5100 | +6.13% | +6.81% | +1.71% | +4.08% | +22.69% | +21.58% |
| Direct IDCW | ₹51.5900 | +6.24% | — | — | — | — | — |
| Regular IDCW | ₹40.8200 | +6.11% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
39
Top 5 Weight
28.37%
Top 10 Weight
45.34%
Active Share
—
Large Cap
25.87%
Gini
0.312
What Changed2026-03-31 → 2026-04-30
Holdings: 41 → 41+2 added−2 removed30 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| KNR Constructions Limited | 1.26% |
| Ingersoll Rand (India) Limited | 1.06% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Honeywell Automation India Limited INE671A01010 | 7.55% |
| 2 | Larsen & Toubro Limited INE018A01030 | 7.10% |
| 3 | Schneider Electric Infrastructure Limited INE839M01018 | 5.30% |
| 4 | ABB India Limited INE117A01022 | 4.33% |
| 5 | Hitachi Energy India Limited INE07Y701011 | 4.09% |
| 6 | Bharat Dynamics Limited INE171Z01026 | 3.80% |
| 7 | Grindwell Norton Limited INE536A01023 | 3.53% |
| 8 | InterGlobe Aviation Limited INE646L01027 | 3.43% |
| 9 | Transformers And Rectifiers (India) Limited INE763I01026 | 3.22% |
| 10 | Dredging Corporation of India Limited INE506A01018 | 2.99% |
| 11 | CG Power and Industrial Solutions Limited INE067A01029 | 2.88% |
| 12 | Afcons Infrastructure Limited INE101I01011 | 2.88% |
| 13 | JNK India Limited INE0OAF01028 | 2.78% |
| 14 | ZF Commercial Vehicle Control Systems India Limited INE342J01019 | 2.71% |
| 15 | Linde India Limited INE473A01011 | 2.68% |
| 16 | Bharti Airtel Limited INE397D01024 | 2.68% |
| 17 | Cochin Shipyard Limited INE704P01025 | 2.62% |
| 18 | Trualt Bioenergy Ltd INE0MWH01014 | 2.50% |
| 19 | Triveni Turbine Limited INE152M01016 | 2.34% |
| 20 | Dixon Technologies (India) Limited INE935N01020 | 1.99% |
Sector Allocation
Electrical Equipment23.2%
Construction15.1%
Industrial Manufacturing12.9%
Industrial Products10.0%
Aerospace & Defense6.5%
Engineering Services4.8%
Auto Components4.4%
Transport Services3.4%
Consumer Durables3.1%
Commercial Services & Supplies2.8%
Top 10 sectors by % to NAV. Excludes derivatives.