Invesco India Technology Fund
The fund maintains a concentrated tech-heavy portfolio with software stocks comprising 43% of holdings, positioning it for sustained digital transformation tailwinds in India. The manager's trimming of top positions like Infosys and MCX while adding Hexaware signals a rebalancing toward mid-cap tech exposure and valuation discipline rather than outright conviction shifts. The modest cash build and selective exits suggest a cautious stance amid market valuations, though the tech-centric thesis remains intact.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹9.0400 | — | — | — | — |
| Regular Growth | ₹8.8100 | -1.56% | -5.06% | — | — |
| Direct IDCW | ₹9.0400 | — | — | — | — |
| Regular IDCW | ₹8.8100 | — | — | — | — |
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 |
|---|---|
| Hexaware Technologies Limited | 3.16% |
| Sedemac Mechatronics Limited | 1.69% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Infosys Limited INE009A01021 | 9.98% |
| 2 | Tech Mahindra Limited INE669C01036 | 7.74% |
| 3 | Persistent Systems Ltd INE262H01021 | 6.30% |
| 4 | Coforge Limited INE591G01025 | 5.51% |
| 5 | Eternal Limited INE758T01015 | 5.09% |
| 6 | Meesho Ltd INE0VDM01015 | 4.86% |
| 7 | Multi Commodity Exchange of India Limited INE745G01043 | 4.29% |
| 8 | Bharti Airtel Limited INE397D01024 | 4.27% |
| 9 | PB Fintech Limited INE417T01026 | 4.13% |
| 10 | BSE Limited INE118H01025 | 4.08% |
| 11 | MphasiS Limited INE356A01018 | 4.00% |
| 12 | FSN E-Commerce Ventures Limited INE388Y01029 | 3.81% |
| 13 | Net web Technologies India Limited INE0NT901020 | 3.65% |
| 14 | Hitachi Energy India Limited INE07Y701011 | 3.62% |
| 15 | Hexaware Technologies Limited INE093A01041 | 3.16% |
| 16 | Swiggy Limited INE00H001014 | 2.88% |
| 17 | Indegene Limited INE065X01017 | 2.79% |
| 18 | Firstsource Solutions Limited INE684F01012 | 2.53% |
| 19 | Triparty Repo | 2.42% |
| 20 | Dixon Technologies (India) Limited INE935N01020 | 2.28% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Invesco India Technology Fund hold?
Invesco India Technology Fund holds 27 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 34.62% of NAV.
What is the largest holding in Invesco India Technology Fund?
The largest position in Invesco India Technology Fund is Infosys Limited, accounting for 9.98% of NAV in the IT - Software sector.
Is Invesco India Technology Fund a concentrated or diversified fund?
With a Gini coefficient of 0.290, Invesco India Technology Fund is well-diversified. The HHI concentration index is 46,689 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 34.62% of the portfolio.
What is the market cap allocation of Invesco India Technology Fund?
Based on SEBI's AMFI classification, Invesco India Technology Fund's equity portfolio is split as: Large Cap: 27.08%, Mid Cap: 48.39%, Small Cap: 15.14%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Invesco India Technology Fund invest in most?
Invesco India Technology Fund has the highest allocation to IT - Software (42.86%), Retailing (16.64%), Capital Markets (8.37%). The fund is invested across 12 sectors in total.
How actively managed is Invesco India Technology Fund compared to other Sectoral / Thematic funds?
Invesco India Technology Fund has an Active Share of 88.23%, 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 Technology Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Invesco India Technology Fund added 2 new stocks (including Hexaware Technologies Limited) and exited 1 stock (including Info Edge India Ltd). Total holding count increased from 28 to 29 stocks.