Invesco India PSU Equity Fund
The fund remains heavily tilted toward defensive PSU plays in banking, defence, and power—sectors benefiting from government spending and infrastructure capex. Its concentrated top-10 weighting of 57.5% reflects conviction in large-cap state-owned names like SBI and HAL, though this creates meaningful single-stock risk. The minimal monthly return and fresh addition of Coal India suggest the manager is selectively hunting for value in overlooked energy and commodity PSUs amid volatile macro conditions.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹79.5500 | -2.22% | — | — | — |
| Regular Growth | ₹66.3900 | -2.31% | +4.73% | +26.99% | +23.69% |
| Direct IDCW | ₹50.4200 | -2.23% | — | — | — |
| Regular IDCW | ₹40.6800 | -2.31% | — | — | — |
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 |
|---|---|
| Coal India Limited | 0.99% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | State Bank of India INE062A01020 | 8.23% |
| 2 | Hindustan Aeronautics Limited INE066F01020 | 7.45% |
| 3 | Indian Bank INE562A01011 | 7.08% |
| 4 | Bharat Petroleum Corporation Limited INE029A01011 | 6.08% |
| 5 | Bharat Electronics Limited INE263A01024 | 5.90% |
| 6 | NTPC Green Energy Limited INE0ONG01011 | 4.95% |
| 7 | NTPC Limited INE733E01010 | 4.73% |
| 8 | Bank of Baroda INE028A01039 | 4.53% |
| 9 | Triparty Repo | 4.32% |
| 10 | Bharat Dynamics Limited INE171Z01026 | 4.23% |
| 11 | Dredging Corporation of India Limited INE506A01018 | 3.99% |
| 12 | REC Limited INE020B01018 | 3.97% |
| 13 | Cochin Shipyard Limited INE704P01025 | 3.60% |
| 14 | Oil & Natural Gas Corporation Limited INE213A01029 | 3.59% |
| 15 | Power Grid Corporation of India Limited INE752E01010 | 3.46% |
| 16 | GAIL (India) Limited INE129A01019 | 3.32% |
| 17 | National Aluminium Company Limited INE139A01034 | 3.27% |
| 18 | SBI Life Insurance Company Limited INE123W01016 | 3.24% |
| 19 | BEML Limited INE258A01024 | 3.17% |
| 20 | Hindustan Petroleum Corporation Limited INE094A01015 | 3.15% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Invesco India PSU Equity Fund hold?
Invesco India PSU Equity Fund holds 24 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 34.74% of NAV.
What is the largest holding in Invesco India PSU Equity Fund?
The largest position in Invesco India PSU Equity Fund is State Bank of India, accounting for 8.23% of NAV in the Banks sector.
Is Invesco India PSU Equity Fund a concentrated or diversified fund?
With a Gini coefficient of 0.240, Invesco India PSU Equity Fund is well-diversified. The HHI concentration index is 47,269 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 34.74% of the portfolio.
What is the market cap allocation of Invesco India PSU Equity Fund?
Based on SEBI's AMFI classification, Invesco India PSU Equity Fund's equity portfolio is split as: Large Cap: 53.66%, Mid Cap: 34.78%, Small Cap: 9.15%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Invesco India PSU Equity Fund invest in most?
Invesco India PSU Equity Fund has the highest allocation to Banks (19.84%), Aerospace & Defense (17.58%), Power (16.04%). The fund is invested across 14 sectors in total.
How actively managed is Invesco India PSU Equity Fund compared to other Sectoral / Thematic funds?
Invesco India PSU Equity Fund has an Active Share of 90.25%, 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 PSU Equity Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Invesco India PSU Equity Fund added 1 new stock (including Coal India Limited). Total holding count increased from 25 to 26 stocks.