Invesco India PSU Equity Fund
Invesco Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹79.3400 | +0.35% | — | — | — | — | — |
| Regular Growth | ₹66.2100 | +0.26% | -1.43% | -0.84% | +8.19% | +27.52% | +23.62% |
| Direct IDCW | ₹50.2900 | +0.36% | — | — | — | — | — |
| Regular IDCW | ₹40.5700 | +0.25% | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
24
Top 5 Weight
34.74%
Top 10 Weight
57.17%
Active Share
—
Large Cap
53.66%
Gini
0.240
What Changed2026-03-31 → 2026-04-30
Holdings: 25 → 26+1 added−0 removed21 weight shifts ≥ 0.1%
| 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
Banks19.8%
Aerospace & Defense17.6%
Power16.0%
Petroleum Products9.2%
Finance6.0%
Industrial Manufacturing5.7%
Engineering Services4.0%
Oil3.6%
Gas3.3%
Non - Ferrous Metals3.3%
Top 10 sectors by % to NAV. Excludes derivatives.