Invesco India Manufacturing Fund Regular IDCW NAV today
AMFI: 152759ISIN: INF205KA1882MUTF_IN: INVE_INDI_MANU_1STSTROInvesco Mutual FundSectoral / Thematic funds
NAV ₹10.8900
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹732 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 2.57%16 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 41.530 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 4530 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 14 Aug 2024
Invesco India Manufacturing Fund returns
Read from the regular plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −5.14% | −4.33% | – | – | – |
| 1 month | −8.19% | −9.35% | 120 of 254 | −8.33% | −9.6% to −6.7% |
| 3 months | −1.63% | −8.67% | 27 of 249 | −6.53% | −8.0% to −4.6% |
| 6 months | +6.25% | −5.82% | 36 of 249 | −4.08% | −6.9% to +1.7% |
| 1 year | +5.84% | −3.39% | 31 of 228 | −6.21% | −10.1% to −0.6% |
| 3 years | Needs 3 years | – | – | +10.84% | +7.2% to +15.3% |
| 5 years | Needs 5 years | – | – | +9.47% | +6.9% to +13.1% |
| 10 years | Needs 10 years | – | – | +12.66% | +10.6% to +14.0% |
₹10,000 put in on 19 Aug 2024 is ₹10,804 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: Nifty India Manufacturing TRI, over the same days as the fund. Rank, median and middle half among the Regular plans of Sectoral / Thematic funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +13.78% | +5.48% |
| Since launch | +6.74% | +2.78% |
Benchmark: Nifty India Manufacturing TRI. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Regular GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Nifty India Manufacturing TRIBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer.
- Loss
Invesco India Manufacturing Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,25,075₹1,25,069 after stamp duty | +8.29% | +8.28% | ₹6 | |
| Since Aug 202426 instalments | ₹2,60,000 | ₹2,78,297₹2,78,283 after stamp duty | +6.31% | +6.30% | ₹13 |
3 years: Launched 14 Aug 2024, needs 3 years of history.
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 19 Aug 2024 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year291 windows−8.6%+5.2%+20.0%72.2%
3 yearsLaunched 14 Aug 2024, needs 4 years of history
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Invesco India Manufacturing Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.42 ptsA year, on 16 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.15%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.57%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.16%, Sep 2026.Direct plan lowest 0.67%, Jan 2025.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.78% | 2.04% |
| Brokerage | 0.08% | 0.08% |
| Transaction costs | None | None |
| Statutory levies | 0.29% | 0.45% |
Per cent of assets a year, filed for 16 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
If units are redeemed/switched out on or before 3 months from the date of allotment: 0.50% if units are redeemed/switched out after 3 months from the date of allotment: Nil If units are redeemed or switched-out after 1 year from the date of allotment - Nil .
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹1,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1,000
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
As listed for this plan on 24 Oct 2026.
Invesco India Manufacturing Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹729 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 14.8%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹817 Cr, quarter to Dec 2024.
Assets at each month end
Highest ₹820 Cr, Jun 2025.Lowest ₹588 Cr, Mar 2026.
Invesco India Manufacturing Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | |||
|---|---|---|---|---|---|
| SEDEMAC MechatronicsAuto Components | Small cap588th | 4.01% | 29.40 | 84,125 | Mar 2026 |
| Divi's LaboratoriesPharmaceuticals & Biotechnology | Large cap50th | 3.85% | 28.21 | 30,363 | Aug 2024or earlier |
| TVS Motor CompanyAutomobiles | Large cap49th | 3.56% | 26.10 | 63,569 | Aug 2024or earlier |
| INDO-MIMIndustrial Manufacturing | 3.51% | 25.70 | 2,06,850 | Jul 2026 | |
| Dhoot TransmissionAuto Components | 3.50% | 25.64 | 1,72,227 | Aug 2026 | |
| Eicher MotorsAutomobiles | Large cap43rd | 3.23% | 23.65 | 33,073 | Mar 2026 |
| Bansal Wire IndustriesIndustrial Products | Small cap819th | 3.16% | 23.12 | 7,14,675 | Aug 2024or earlier |
| Sai Life SciencesPharmaceuticals & Biotechnology | Small cap329th | 2.92% | 21.34 | 1,40,011 | Sep 2025 |
| Craftsman AutomationAuto Components | Small cap354th | 2.87% | 21.00 | 20,156 | Dec 2025 |
| Gabriel IndiaAuto Components | Small cap446th | 2.86% | 20.91 | 1,55,806 | Feb 2026 |
| Bajaj AutoAutomobiles | Large cap31st | 2.57% | 18.80 | 17,289 | Jul 2026 |
| Aditya InfotechIndustrial Manufacturing | Small cap308th | 2.55% | 18.66 | 48,515 | Feb 2026 |
| Belrise IndustriesAuto Components | Small cap375th | 2.54% | 18.57 | 7,72,727 | Jul 2026 |
| Mahindra & MahindraAutomobiles | Large cap14th | 2.47% | 18.09 | 61,324 | Aug 2024or earlier |
| Hindustan AeronauticsAerospace & Defense | Large cap29th | 2.46% | 18.00 | 38,564 | Apr 2025 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Net Receivables / (Payables) | 6.56% | 48.05 |
| Triparty Repo | 0.37% | 2.71 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 4.01%SEDEMAC Mechatronics
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 18.43%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 33.47%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 38.3Taken over 93.07% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares93.07%
- Cash and receivables6.93%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap39.48%Category 49.50%
- Mid cap8.39%Category 21.62%
- Small cap43.13%Category 26.68%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 8.38% of the fund. Category is the average of 249 Sectoral / Thematic funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.8sectors
- Automobile And Auto Components35.74%Category 9.16%
- Capital Goods27.19%Category 9.90%
- Healthcare13.96%Category 12.70%
- Consumer Durables6.65%Category 3.48%
- Construction Materials4.25%Category 1.25%
- Chemicals2.49%Category 1.97%
- Metals & Mining1.42%Category 2.47%
- Telecommunication1.37%Category 2.99%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 254 Sectoral / Thematic funds. Category average. The sector's weight, less the futures sold on it, averaged over the 254 Sectoral / Thematic funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Automobile And Auto Components14 companies | 35.74% | 36.66% | 34.61% | 28.68% | 28.40% | 28.84% | 28.68% | 29.09% | 28.32% | 29.17% | 22.81% | 18.89% | |
| Capital Goods14 companies | 27.19% | 31.42% | 33.16% | 38.46% | 36.37% | 35.71% | 35.20% | 33.34% | 29.04% | 26.55% | 29.50% | 32.58% | |
| Healthcare6 companies | 13.96% | 14.25% | 14.16% | 13.86% | 13.80% | 13.51% | 13.71% | 13.33% | 17.46% | 18.13% | 23.21% | 24.41% | |
| Consumer Durables5 companies | 6.65% | 7.09% | 8.88% | 7.44% | 7.67% | 8.97% | 9.50% | 7.29% | 6.62% | 6.72% | 6.35% | 6.28% | |
| Construction Materials2 companies | 4.25% | 4.65% | 4.84% | 4.89% | 5.10% | 5.03% | 5.62% | 5.44% | 5.97% | 5.60% | 5.46% | 5.61% | |
| Chemicals2 companies | 2.49% | 2.40% | 1.05% | 2.38% | 2.55% | 2.39% | 2.26% | 2.08% | 3.35% | 2.94% | 3.70% | 4.02% | |
| Metals & Mining1 company | 1.42% | 1.48% | 1.50% | 1.95% | 2.69% | 2.14% | 2.06% | 1.90% | 1.81% | 1.58% | 0.00% | 0.00% | |
| Telecommunication1 company | 1.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Financial Services | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Consumer Services | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Information Technology | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.64% | 0.65% | 1.20% | |
| Fast Moving Consumer Goods | 0.00% | 0.00% | 0.00% | 1.49% | 1.94% | 2.08% | 2.67% | 2.42% | 2.60% | 2.96% | 2.74% | 2.68% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 11.37% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 33.99% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 1
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 1
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 6
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 37
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 1.37%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 11.16%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| Mahindra & Mahindra | Trimmed | 2.47% | 5.23% | −2.76 pts | −59,475 |
| Ashok Leyland | Sold out | – | 2.20% | −2.20 pts | −9,50,100 |
| SPR Auto Technologies | Added | 2.14% | 0.30% | +1.84 pts | +28,707 |
| Orient Cables (India) | New | 1.37% | 0.00% | +1.37 pts | +3,67,675 |
| Escorts Kubota | Sold out | – | 0.94% | −0.94 pts | −23,711 |
| KEI Industries | Sold out | – | 0.85% | −0.85 pts | −11,191 |
| Tata Motors | Trimmed | 2.34% | 3.07% | −0.73 pts | −87,032 |
| Cipla | Trimmed | 2.04% | 2.58% | −0.54 pts | −27,859 |
| Grasim Industries | Trimmed | 2.00% | 2.45% | −0.45 pts | −7,366 |
| APL Apollo Tubes | Trimmed | 1.69% | 1.90% | −0.21 pts | −8,249 |
| Bansal Wire Industries | Trimmed | 3.16% | 3.27% | −0.11 pts | −68,017 |
| TVS Motor Company Limited | Matured | – | 0.06% | −0.06 pts | – |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 SEDEMAC Mechatronics | – | – | – | – | – | 1.73%Bought | 2.66%Added | 3.02% | 3.94% | 3.14%Cut | 3.43% | 4.01% |
 Divi's Laboratories | 3.62%Cut | 3.07%Cut | 3.14% | 3.17% | 3.21% | 3.73%Added | 3.47%Cut | 3.46% | 3.30% | 3.40%Cut | 3.79% | 3.85% |
 TVS Motor Company | 3.41%Cut | 3.36%Cut | 3.67% | 3.87% | 3.89% | 3.37%Cut | 2.97%Cut | 2.63%Cut | 2.62% | 3.56%Added | 3.64%Added | 3.56% |
| INDO-MIM | – | – | – | – | – | – | – | – | – | 2.23%Bought | 2.39% | 3.51% |
 Dhoot Transmission | – | – | – | – | – | – | – | – | – | – | 3.35%Bought | 3.50% |
 Eicher Motors | – | – | – | – | – | 1.23%Bought | 2.39%Added | 2.88%Added | 2.74% | 3.46%Added | 3.47%Added | 3.23% |
 Bansal Wire Industries | 1.48% | 1.64% | 1.62% | 1.94%Added | 1.77% | 1.79% | 2.26%Added | 2.37% | 3.98%Added | 3.42%Cut | 3.27% | 3.16%Cut |
 Sai Life Sciences | 1.69%Added | 1.70% | 1.81% | 1.78% | 2.03% | 2.33% | 2.28% | 2.41% | 2.48% | 2.56% | 2.70% | 2.92% |
 Craftsman Automation | – | – | 2.19%Bought | 2.23% | 2.19% | 2.41%Added | 2.36% | 2.46%Cut | 2.48% | 2.77%Added | 2.98% | 2.87% |
 Gabriel India | – | – | – | – | 0.49%Bought | 1.02%Added | 1.56%Added | 1.63% | 1.77% | 3.12%Added | 2.96% | 2.86% |
 Bajaj Auto | – | – | – | – | – | – | – | – | – | 2.52%Bought again | 2.77%Added | 2.57% |
 Aditya Infotech | – | – | – | – | 1.74%Bought | 1.98%Cut | 1.98%Cut | 2.21%Cut | 2.54%Cut | 2.29% | 2.28% | 2.55% |
 Belrise Industries | – | – | – | – | – | – | – | – | – | 2.54%Bought | 2.37% | 2.54% |
 Mahindra & Mahindra | 4.36% | 3.81%Cut | 5.45%Added | 5.39% | 5.09% | 6.57%Added | 6.17%Added | 6.15%Added | 5.99% | 6.69%Added | 5.23%Cut | 2.47%Cut |
 Hindustan Aeronautics | 2.65% | 2.68% | 2.68% | 3.01% | 2.44% | 2.27%Cut | 2.51% | 2.26%Cut | 2.42%Added | 2.49% | 2.44% | 2.46% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 80.0% in Aug 2026
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Regular plans of Sectoral / Thematic funds (227 funds) over the same 1 year; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.21.20%
12.43%Lowest20.05%Average46.92%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.13.11%
4.45%Lowest13.49%Average21.72%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.46
−1.33Lowest0.01Average1.81Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.71
−1.46Lowest0.10Average4.21Highest
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Against Nifty India Manufacturing TRI
BetaBeta. How much the fund's monthly return moved for each 1% move in its benchmark: 1 moves with it, below 1 moves less.1.03
0.55Lowest0.97Average of 218 funds1.46Highest
AlphaAlpha. The yearly return the fund made beyond what its beta to the benchmark accounts for.+8.30 pts
−12.76 ptsLowest+4.72 ptsAverage of 164 funds+31.35 ptsHighest
R-squaredR-squared. The share of the fund's monthly movement that its benchmark's movement explains, from 0 to 100.86.2
27.0Lowest89.5Average of 218 funds99.3Highest
CorrelationCorrelation. How closely the fund's monthly returns moved in step with its benchmark's, from minus 1 (always opposite) to 1 (always together).0.93
0.52Lowest0.94Average of 218 funds1.00Highest
Upside captureUpside capture. The fund's return in the months its benchmark rose, as a percentage of the benchmark's return in those months.125.1%
57.0%Lowest104.4%Average of 185 funds178.4%Highest
Downside captureDownside capture. The fund's return in the months its benchmark fell, as a percentage of the benchmark's fall in those months.Needs 6 falling months
Information ratioInformation ratio. The fund's return above its benchmark, divided by how much that difference varied, as stated by the fund house.To 30 Sep 20261.44
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | −11.67% | 23 Oct 2025 | 23 Mar 2026 | 22 Apr 2026 |
| Since Aug 2024 | −21.87% | 2 Jan 2025 | 28 Feb 2025 | 15 Jun 2026 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Feb 2025 to Aug 202619 months | Very High | Very HighNifty India Manufacturing TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Invesco India Manufacturing Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Nikhil KalePrimary | Dec 2025 | +13.68%over 319 days | −0.21% | +13.89 pts | 27.6% | 21.6% | 1 | ₹732 Cr₹732 Cr alone |
Returns are the regular plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| SBI Automotive Opportunities FundSBI Mutual Fund | 32.80% | 15 |
| Axis India Manufacturing FundAxis Mutual Fund | 32.46% | 24 |
| Invesco India Consumption FundInvesco Mutual Fund | 31.65% | 15 |
| Mahindra Manulife Manufacturing FundMahindra Manulife Mutual Fund | 27.93% | 15 |
| Motilal Oswal Manufacturing FundMotilal Oswal Mutual Fund | 26.00% | 13 |
| SBI Quality FundSBI Mutual Fund | 25.09% | 14 |
| HDFC Manufacturing fundHDFC Mutual Fund | 25.02% | 20 |
| Aditya Birla Sun Life Transportation and Logistics FundAditya Birla Sun Life Mutual Fund | 24.46% | 11 |
| Canara Robeco Manufacturing FundCanara Robeco Mutual Fund | 24.17% | 15 |
| Kotak Manufacture in India FundKotak Mahindra Mutual Fund | 24.06% | 12 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Invesco India Consumption FundInvesco Mutual Fund | 31.65% |
| Invesco India Multi Cap FundInvesco Mutual Fund | 25.43% |
| Invesco India Large Cap FundInvesco Mutual Fund | 20.35% |
| Invesco India Small Cap FundInvesco Mutual Fund | 20.25% |
| Invesco India ELSS Tax Saver FundInvesco Mutual Fund | 18.30% |
| Invesco India Infrastructure FundInvesco Mutual Fund | 16.83% |
| Invesco India ESG Integration Strategy FundInvesco Mutual Fund | 15.92% |
| Invesco India Flexi Cap FundInvesco Mutual Fund | 15.88% |
| Invesco India Contra FundInvesco Mutual Fund | 15.81% |
| Invesco India Large & Mid Cap FundInvesco Mutual Fund | 14.74% |
As the fund house states it, for Sep 2026.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
To generate capital appreciation from a diversified portfolio of Equity and Equity Related Instruments of companies following the manufacturing theme. There is no assurance that the investment objective of the Scheme will be achieved.
Asset allocation
- Equity & equity related instruments of companies following manufacturing theme:Min. 80% Max. 100%
- Other equity and equity related instruments:Min. 0% and Max. 20%. Money Market/Other Liquid Instruments:Min. 0% and Max. 20%. Gold / Silver ETFs :Min. 0% Max. 20%
- Units issued by REITs and InvITs:Min. 0% and Max. 10%.
#Other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by the SEBI.
Type of scheme
An open ended equity scheme investing in manufacturing theme.
- Stated category
- Thematic Fund
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- Nifty India Manufacturing TRI
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very High
- New fund offer
- 25 Jul 2024 to 8 Aug 2024
- Units first allotted
- 14 Aug 2024
- Open for sale again
- 20 Aug 2024
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹1,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 152756 | INF205KA1908 | INVE_INDI_MANU_ULO0C0 | 19 Aug 2024 | |
| Regular Growth | 152758 | INF205KA1874 | INVE_INDI_MANU_C3HC14 | 19 Aug 2024 | |
| Direct IDCW | 152757 | INF205KA1916 | INF205KA1924 | INVE_INDI_MANU_1GDG0IB | 19 Aug 2024 |
| Regular IDCW | 152759 | INF205KA1882 | INF205KA1890 | INVE_INDI_MANU_1STSTRO | 19 Aug 2024 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Factsheet - September 2026 (opens in a new tab)Invesco Mutual Fund, Sep 2026
Statement of additional information
- SAI Invesco Mutual Fund (opens in a new tab)Invesco Mutual Fund, Oct 2026
Annual report
- Annual Report for FY 2025-26 (opens in a new tab)Invesco Mutual Fund, Mar 2026
- Abridged Annual Report (2025-2026) Fixed Income Schemes (opens in a new tab)Invesco Mutual Fund, Mar 2026
Riskometer disclosure
- Invesco MF - Risk-O-Meter Disclosure FY 25-26 (opens in a new tab)Invesco Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - September 2026 (opens in a new tab)Invesco Mutual Fund, Sep 2026