Invesco India Manufacturing Fund
The fund maintains a distinctly domestic manufacturing tilt with nearly 16% committed to auto components and heavy representation across industrials, pharma, and automobiles—reflecting conviction in India's production-linked growth story. The concentrated top-10 holding of 34% signals selective stock-picking within the manufacturing ecosystem rather than broad diversification. The modest exit and marginal rebalancing toward Eicher Motors suggest the manager is fine-tuning exposure to capital-intensive auto plays while staying committed to the core manufacturing thesis, with negligible cash positioning indicating full deployment in conviction names.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹10.7100 | — | — | — | — |
| Regular Growth | ₹10.4300 | +3.27% | +4.51% | — | — |
| Direct IDCW | ₹10.7100 | — | — | — | — |
| Regular IDCW | ₹10.4300 | — | — | — | — |
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 | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Mahindra & Mahindra Limited INE101A01026 | 6.17% |
| 2 | Bharat Electronics Limited INE263A01024 | 3.80% |
| 3 | Divi's Laboratories Limited INE361B01024 | 3.47% |
| 4 | Tenneco Clean Air India Limited INE19RI01016 | 3.29% |
| 5 | Amber Enterprises India Limited INE371P01015 | 3.27% |
| 6 | Polycab India Limited INE455K01017 | 3.21% |
| 7 | TVS Motor Company Limited INE494B01023 | 2.97% |
| 8 | Cipla Limited INE059A01026 | 2.77% |
| 9 | JK Cement Limited INE823G01014 | 2.68% |
| 10 | Sedemac Mechatronics Limited INE00XB01019 | 2.66% |
| 11 | Sun Pharmaceutical Industries Limited INE044A01036 | 2.63% |
| 12 | Hindustan Aeronautics Limited INE066F01020 | 2.51% |
| 13 | Eicher Motors Limited INE066A01021 | 2.39% |
| 14 | Craftsman Automation Limited INE00LO01017 | 2.36% |
| 15 | Grasim Industries Limited INE047A01021 | 2.35% |
| 16 | Sai Life Sciences Limited INE570L01029 | 2.28% |
| 17 | Bansal Wire Industries Limited INE0B9K01025 | 2.26% |
| 18 | ABB India Limited INE117A01022 | 2.24% |
| 19 | Tata Motors Ltd INE1TAE01010 | 2.23% |
| 20 | Hindalco Industries Limited INE038A01020 | 2.14% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Invesco India Manufacturing Fund hold?
Invesco India Manufacturing Fund holds 49 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 20.00% of NAV.
What is the largest holding in Invesco India Manufacturing Fund?
The largest position in Invesco India Manufacturing Fund is Mahindra & Mahindra Limited, accounting for 6.17% of NAV in the Automobiles sector.
Is Invesco India Manufacturing Fund a concentrated or diversified fund?
With a Gini coefficient of 0.255, Invesco India Manufacturing Fund is well-diversified. The HHI concentration index is 24,654 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 20.00% of the portfolio.
What is the market cap allocation of Invesco India Manufacturing Fund?
Based on SEBI's AMFI classification, Invesco India Manufacturing Fund's equity portfolio is split as: Large Cap: 44.85%, Mid Cap: 19.78%, Small Cap: 31.38%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Invesco India Manufacturing Fund invest in most?
Invesco India Manufacturing Fund has the highest allocation to Auto Components (15.99%), Industrial Products (14.53%), Pharmaceuticals & Biotechnology (13.51%). The fund is invested across 14 sectors in total.
How actively managed is Invesco India Manufacturing Fund compared to other Sectoral / Thematic funds?
Invesco India Manufacturing Fund has an Active Share of 85.47%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Invesco India Manufacturing Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Invesco India Manufacturing Fund exited 1 stock (including Transformers And Rectifiers (India) Limited). Total holding count decreased from 52 to 51 stocks.