Invesco, a US-based fund house, entered India back in 2013 in partnership with Religare Securities Ltd. to form Religare Invesco Asset Management Co. Ltd. The former owned a 49% stake in the asset management company, with the rest being held by the latter.
In 2016, Invesco bought the remaining 51% of shareholding owned by the co-sponsor Religare and renamed it as Invesco Mutual Fund. The company is a trust set up under the Indian Trusts Act, 1882 and registered with SEBI under the registration code MF/052/06/01 dated 05 May 2006.
Invesco Asset Management (India) aims to serve the investment needs of individual investors, corporate and institutions through mutual funds and sub-advised portfolios. Its product portfolio is managed by individually focused management teams to create optimum balance and results. Committed to providing financial care and top-class services Invesco subscribe to sustainable business models and processes that factor in the dynamism of the business in fast-changing market scenarios. Investors can expect best-in-class investment products that will leverage its expertise and global resources of Invesco.
Invesco
Established in 1935, Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. It manages $1.35 trillion in assets on behalf of clients worldwide (as of January 31, 2021) with specialized investment teams managing investments across a comprehensive range of asset classes, investment styles and geographies.
Invesco is a leading independent global investment manager, dedicated to helping investors worldwide achieve their financial objectives. Operating in more than 25 countries, Invesco provides a wide range of investment products, strategies and vehicles to retail, institutional and high net-worth clients around the world. Invesco strives to deliver strong, long-term investment performance and service across a comprehensive range of investment products for individuals and institutions around the world. Invesco, as a group, undertakes asset management, real estate, and private equity investment activities. Invesco has more than 8000 employees worldwide, on the ground in 25 countries such as in Australia, Canada, China, Europe, Hong Kong, India, Japan, Korea, Singapore, Taiwan and the United States etc.
As of March 2023, Invesco Asset Management is managing an Average AUM of INR 44352.47 crores, and as of May 31, 2023, 80 mutual fund schemes are available for selection through Invesco Mutual Fund. In the previous five years, this fund also provided a CAGR of 20.27%.
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) |
|---|---|---|---|---|---|
Invesco India Arbitrage Fund | Hybrid | Low | 8.3% | 5 | ₹8,678 |
Invesco India Infrastructure Fund | Equity | Very High | 36.1% | 4 | ₹617 |
Invesco India Financial Services Fund | Equity | Very High | 22.0% | 4 | ₹575 |
Invesco India Largecap Fund | Equity | Very High | 15.6% | 4 | ₹786 |
Invesco India Smallcap Fund | Equity | Very High | 38.7% | 3 | ₹2,869 |
Invesco India Mid Cap Fund | Equity | Very High | 27.4% | 3 | ₹3,418 |
Invesco India Focused 20 Equity Fund | Equity | Very High | 23.1% | 3 | ₹1,722 |
Invesco India Contra Fund | Equity | Very High | 17.7% | 3 | ₹11,116 |
Invesco India Equity & Bond Fund | Hybrid | Very High | 16.0% | 3 | ₹399 |
Invesco India Credit Risk Fund | Debt | Moderate | 12.5% | 3 | ₹139 |
Invesco India Ultra Short Term Fund | Debt | Low to Moderate | 7.3% | 3 | ₹716 |
Invesco India Liquid Fund | Debt | Low to Moderate | 7.0% | 3 | ₹7,473 |
Invesco India Corporate Bond Fund | Debt | Moderate | 6.6% | 3 | ₹2,540 |
Invesco India Growth Opportunities Fund | Equity | Very High | 22.3% | 2 | ₹4,034 |
Invesco India Tax Plan Fund | Equity | Very High | 16.9% | 2 | ₹2,159 |
| View All |
| Mutual fund name | Invesco Mutual Fund | |||||||||
| Asset management company name | Invesco Asset Management (India) Ltd. | |||||||||
| AMC Setup Date | 24 July 2006 | |||||||||
| AMC Incorporation Date | 20 May 2005 | |||||||||
| Sponsor name | Invesco Hong Kong Ltd. | |||||||||
| Name of trustees | Invesco MF | Mr. Satyananda Mishra | Mr. G. Anantharaman | Mrs. Bakul Patel (Associate) | Mr. Jeremy Simpson | Invesco AMC | Mr. Paresh Parasnis | Mr. Sanjay Kumar Tripathy | Mr. Andrew Lo | Mr. Terry Pan |
| Chairman | Mr. V. K. Chopra | |||||||||
| MD and CEO | Mr. Saurabh Nanavati | |||||||||
| CIO | Mr. Taher Badshah | |||||||||
| Compliance Officer | Mr. Suresh Jakhotiya | |||||||||
| Investor Service Officer | Mr. Surinder Singh Negi |
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Follow the few simple steps mentioned below to invest in Invesco Mutual Fund in India:
Step 1. Register/create a new Groww account or log-in if you already have one.
Step 2. Upload your identity proof documents like Passport, PAN, Driving License, Aadhaar, Voter ID, Central or State Government ID card, etc.
Step 3. Upload your address proof documents like any KYC document with your permanent address.
Step 4. Choose your preferred investment period.
Step 5. Select your preferred risk appetite- low, mid, or high.
Step 6. Choose the Invesco Mutual Fund you want to invest in.
Step 7. Click on “Invest One Time” if you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.
Your Groww account will reflect the Invesco Mutual Fund in India you have purchased within 3 to 4 working days.
1. Mr. Amit Nigam
With a rich experience spanning over 20 years in the Indian equity markets, Amit is currently serving as a Fund Manager - Equity with effect from 3rd September 2020. He was earlier handling the PMS equity management function at Invesco asset management (India) Pvt. Limited. Prior to joining Invesco, Amit was working with Essel Mutual Fund as Head of Equities where he was responsible for the Equity Funds management function at the firm. He has also worked with companies like BNP Paribas Investment Partners, BNP Paribas Mutual Fund, SBI Funds Management & Reliance Industries Ltd in the past. Amit holds a Mechanical Engineering Degree from IIT Roorkee and a PGDBM from IIM Indore.
2. Mr. Dhimant Kothari
Dhimant has an experience of 15 years in financial and equity research and is currently serving as ‘Fund Manager’ at Invesco. In his last assignment, Dhimant was working as Senior Manager - Research with Credit Analysis & Research Ltd., where he was handling the analysis and preparation of research reports on various industries and companies. Apart from that, his other assignments entail Lotus India Asset Management and CRISIL Ltd., where he was responsible for analyzing companies across various sectors and preparing research reports. He is a Chartered Accountant and holds a Commerce degree.
3. Mr. Neelesh Dhamnaskar
Neelesh is a part of the equity investment team at Invesco and serves the firm as ‘Fund Manager’. He has more than 15 years of experience in equity research and the financial services domain. Prior to joining Invesco, Neelesh was working with Enam (now a part of Axis Bank) where he was tracking companies across sectors and assisting the PMS Fund Manager in his investment decisions. Prior to that, he was working with KRC, a domestic broking house, tracking companies within the automobiles, metals and sugar sector. Neelesh has also worked with Anand Rathi Securities Limited as a Commodities Research Analyst. Neelesh holds a Commerce degree and an MMS degree with a specialization in Finance from Mumbai University. He is also pursuing CFA (USA) and is a Level III candidate.
4. Mr. Nitin Gosar
With an experience of 15 years in equity research, Nitin is currently serving as ‘Fund Manager’ at Invesco. Prior to joining Invesco, Nitin was working as Research Analyst with IFCI Financial Services where he was responsible for tracking pharma and agriculture-related companies. In the past, Nitin has worked with Batlivala & Karani Securities, tracking companies in the pharma sector. His other assignments include SKP Securities and NDA Securities where he was tracking midcap companies in banking, steel, agriculture, publication, healthcare and engineering sectors. Nitin holds a BMS degree. He also holds a Master's degree in Finance from ICFAI.
5. Mr. Pranav Gokhale
Pranav has more than 18 years of experience, which includes over 15 years of experience in Indian equity markets and is currently working as ‘Fund Manager’ at Invesco. Prior to joining Invesco, he has worked with IL&FS as Assistant Manager - Senior Equity Analyst, ICICI Direct as Assistant Manager – Research, International Ship Repair LLC Fujairah as Senior Financial Officer and Rosy Blue Securities. Pranav is a Chartered Accountant from the Institute of Chartered Accountants of India, New Delhi and has also done his M.Com from Mumbai University.
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.93% & 5.84%. The Invesco India Arbitrage Fund comes under the Hybrid category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Arbitrage Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹8,678Cr |
| 1Y Returns | 8.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 34.45% & 24.52%. The Invesco India Infrastructure Fund comes under the Equity category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Infrastructure Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹617Cr |
| 1Y Returns | 36.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 19.21% & 15.87%. The Invesco India Financial Services Fund comes under the Equity category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Financial Services Fund is ₹1,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹575Cr |
| 1Y Returns | 22.0% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 18.75% & 15.41%. The Invesco India Largecap Fund comes under the Equity category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Largecap Fund is ₹1,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹786Cr |
| 1Y Returns | 15.6% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 36.15% & 26.49%. The Invesco India Smallcap Fund comes under the Equity category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Smallcap Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹2,869Cr |
| 1Y Returns | 38.7% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 26.41% & 21.41%. The Invesco India Mid Cap Fund comes under the Equity category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Mid Cap Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹3,418Cr |
| 1Y Returns | 27.4% |
Fund Performance: The Invesco India Focused 20 Equity Fund comes under the Equity category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Focused 20 Equity Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹1,722Cr |
| 1Y Returns | 23.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.08% & 17.33%. The Invesco India Contra Fund comes under the Equity category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Contra Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹11,116Cr |
| 1Y Returns | 17.7% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 15.43% & 12.94%. The Invesco India Equity & Bond Fund comes under the Hybrid category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Equity & Bond Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹399Cr |
| 1Y Returns | 16.0% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.54% & 5.1%. The Invesco India Credit Risk Fund comes under the Debt category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Credit Risk Fund is ₹1,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹139Cr |
| 1Y Returns | 12.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.15% & 5.98%. The Invesco India Ultra Short Term Fund comes under the Debt category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Ultra Short Term Fund is ₹1,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹716Cr |
| 1Y Returns | 7.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 4.96% & 5.19%. The Invesco India Liquid Fund comes under the Debt category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Liquid Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹7,473Cr |
| 1Y Returns | 7.0% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 4.5% & 7.22%. The Invesco India Corporate Bond Fund comes under the Debt category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Corporate Bond Fund is ₹1,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹2,540Cr |
| 1Y Returns | 6.6% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.35% & 16.77%. The Invesco India Growth Opportunities Fund comes under the Equity category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Growth Opportunities Fund is ₹1,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹4,034Cr |
| 1Y Returns | 22.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 19.38% & 15.62%. The Invesco India Tax Plan Fund comes under the Equity category of Invesco Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Invesco India Tax Plan Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹2,159Cr |
| 1Y Returns | 16.9% |
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