Invesco India Smallcap Fund
Invesco Mutual Fund·Small Cap Fund·vs Nifty Smallcap 250 TRI
The fund is positioned for structured growth in healthcare and financial services, reflecting conviction in quality smallcaps with earnings visibility. The concentrated top-10 portfolio and strategic entry into cyclical plays like cement and chemicals signal the manager is rotating toward diversified value while trimming high-flying consumer disruptors like Swiggy. This tactical rebalancing suggests measured confidence in economic resilience and selective sector rotation away from momentum-driven segments.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹47.2100 | — | — | — | — | — | — |
| Regular Growth | ₹42.1600 | +5.51% | +1.52% | -0.61% | +7.85% | +23.36% | +21.67% |
| Direct IDCW | ₹35.0700 | — | — | — | — | — | — |
| Regular IDCW | ₹30.1600 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
67
Top 5 Weight
21.50%
Top 10 Weight
36.80%
Active Share
—
Large Cap
13.79%
Gini
0.404
What Changed2026-03-31 → 2026-04-30
Holdings: 65 → 69+4 added−0 removed32 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Paradeep Phosphates Limited | 1.12% |
| JK Cement Limited | 0.29% |
| Grindwell Norton Limited | 0.23% |
| Deepak Nitrite Limited | 0.05% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Amber Enterprises India Limited INE371P01015 | 4.87% |
| 2 | Sai Life Sciences Limited INE570L01029 | 4.79% |
| 3 | Max Healthcare Institute Limited INE027H01010 | 4.12% |
| 4 | InterGlobe Aviation Limited INE646L01027 | 3.88% |
| 5 | Krishna Institute Of Medical Sciences Limited INE967H01025 | 3.84% |
| 6 | Aditya Infotech Limited INE819V01029 | 3.52% |
| 7 | Eternal Limited INE758T01015 | 3.52% |
| 8 | BSE Limited INE118H01025 | 3.00% |
| 9 | RBL Bank Limited INE976G01028 | 2.69% |
| 10 | Karur Vysya Bank Limited INE036D01028 | 2.57% |
| 11 | Prestige Estates Projects Limited INE811K01011 | 2.47% |
| 12 | Trent Limited INE849A01020 | 2.27% |
| 13 | Global Health Limited INE474Q01031 | 2.22% |
| 14 | The Federal Bank Limited INE171A01029 | 2.19% |
| 15 | Corona Remedies Limited INE02ZQ01018 | 2.19% |
| 16 | Ather Energy Limited INE0LEZ01016 | 2.05% |
| 17 | L&T Finance Limited INE498L01015 | 1.89% |
| 18 | JK Lakshmi Cement Limited INE786A01032 | 1.87% |
| 19 | Delhivery Limited INE148O01028 | 1.83% |
| 20 | Dr Agarwals Health Care Limited INE943P01029 | 1.74% |
Sector Allocation
Healthcare Services12.1%
Banks10.8%
Pharmaceuticals & Biotechnology8.4%
Consumer Durables7.7%
Retailing7.4%
Capital Markets6.2%
Realty6.0%
Transport Services5.7%
Industrial Products4.6%
Industrial Manufacturing4.3%
Top 10 sectors by % to NAV. Excludes derivatives.