Invesco India Business Cycle Fund Direct Growth

Fund Overview

Fund Size

₹495 Cr

Expense Ratio

0.69%

ISIN

INF205KA1AI8

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

27 Feb 2025

About this fund

This fund has been in existence for 4 months and 15 days, having been launched on 27-Feb-25.
As of 11-Jul-25, it has a Net Asset Value (NAV) of ₹12.38, Assets Under Management (AUM) of 494.67 Crores, and an expense ratio of 0.69%.

Invesco India Business Cycle Fund Direct Growth has given a CAGR return of 23.80% since inception.
The fund's asset allocation comprises around 95.54% in equities, 0.00% in debts, and 4.46% in cash & cash equivalents.
You can start investing in Invesco India Business Cycle Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+23.80%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2025

Equity	₹472.59 Cr	95.54%
Others	₹22.08 Cr	4.46%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
InterGlobe Aviation Ltd	Equity	₹25.45 Cr	5.15%
Trent Ltd	Equity	₹25.01 Cr	5.06%
Eternal Ltd	Equity	₹24.17 Cr	4.89%
Swiggy Ltd	Equity	₹23.97 Cr	4.85%
Triparty Repo	Cash - Repurchase Agreement	₹23.57 Cr	4.76%
Sai Life Sciences Ltd	Equity	₹23.32 Cr	4.72%
BSE Ltd	Equity	₹22.08 Cr	4.46%
Prestige Estates Projects Ltd	Equity	₹21.63 Cr	4.37%
Apollo Hospitals Enterprise Ltd	Equity	₹19.79 Cr	4.00%
Cholamandalam Investment and Finance Co Ltd	Equity	₹19.49 Cr	3.94%
L&T Finance Ltd	Equity	₹19.11 Cr	3.86%
Multi Commodity Exchange of India Ltd	Equity	₹18.96 Cr	3.83%
HDFC Asset Management Co Ltd	Equity	₹18.17 Cr	3.67%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹17.82 Cr	3.60%
Krishna Institute of Medical Sciences Ltd	Equity	₹17.23 Cr	3.48%
Global Health Ltd	Equity	₹14.6 Cr	2.95%
Sonata Software Ltd	Equity	₹14.54 Cr	2.94%
Blue Star Ltd	Equity	₹14.34 Cr	2.90%
Dixon Technologies (India) Ltd	Equity	₹13.55 Cr	2.74%
Shriram Finance Ltd	Equity	₹13.53 Cr	2.74%
Glenmark Pharmaceuticals Ltd	Equity	₹13.48 Cr	2.73%
ABB India Ltd	Equity	₹12.84 Cr	2.60%
JK Cement Ltd	Equity	₹11.84 Cr	2.39%
Vishal Mega Mart Ltd	Equity	₹10.27 Cr	2.08%
Max Estates Ltd	Equity	₹9.2 Cr	1.86%
Timken India Ltd	Equity	₹7.68 Cr	1.55%
Bansal Wire Industries Ltd	Equity	₹5.8 Cr	1.17%
Grindwell Norton Ltd	Equity	₹5.62 Cr	1.14%
Phoenix Mills Ltd	Equity	₹5.48 Cr	1.11%
United Spirits Ltd	Equity	₹4.99 Cr	1.01%
Indian Hotels Co Ltd	Equity	₹4.94 Cr	1.00%
Ethos Ltd	Equity	₹4.81 Cr	0.97%
LTIMindtree Ltd	Equity	₹4.46 Cr	0.90%
Carborundum Universal Ltd	Equity	₹4.26 Cr	0.86%
Net Receivables / (Payables)	Cash - Collateral	₹-1.49 Cr	0.30%
Ethos Limited	Equity	₹0.13 Cr	0.03%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹111.35 Cr	22.51%
Healthcare	₹106.25 Cr	21.48%
Consumer Cyclical	₹93.17 Cr	18.83%
Industrials	₹70.19 Cr	14.19%
Real Estate	₹36.32 Cr	7.34%
Technology	₹32.55 Cr	6.58%
Basic Materials	₹17.64 Cr	3.57%
Consumer Defensive	₹4.99 Cr	1.01%

Risk & Performance Ratios

Fund Managers

Aditya Khemani

Since February 2025

Amit Ganatra

Since February 2025

Additional Scheme Detailsas of 30th June 2025

ISIN

INF205KA1AI8

Expense Ratio

0.69%

Exit Load

No Charges

Fund Size

₹495 Cr

Age

4 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HDFC Innovation Fund Direct Growth Very High Risk	-	1.0%	-	-
HDFC Innovation Fund Regular Growth Very High Risk	-	1.0%	-	-
Mirae Asset Nifty India Internet ETF Very High Risk	-	-	-	-
Motilal Oswal Nifty India Tourism ETF Very High Risk	0.5%	-	₹1.39 Cr	-
Motilal Oswal Nifty India Manufacturing ETF Very High Risk	0.5%	-	₹5.27 Cr	-
Motilal Oswal Services Fund Direct Growth Very High Risk	2.6%	1.0%	₹40.03 Cr	-
Motilal Oswal Services Fund Regular Growth Very High Risk	2.7%	1.0%	₹40.03 Cr	-
ICICI Prudential Quality Fund Direct Growth Very High Risk	0.7%	1.0%	₹1933.41 Cr	-
ICICI Prudential Quality Fund Regular Growth Very High Risk	2.1%	1.0%	₹1933.41 Cr	-
Motilal Oswal Nifty Capital Market ETF Very High Risk	0.5%	-	₹4.63 Cr	-
Axis Nifty500 Momentum 50 ETF Very High Risk	-	-	-	-
Mirae Asset BSE Select IPO ETF Very High Risk	0.4%	-	₹18.06 Cr	-
Mirae Asset BSE Select IPO ETF Fund of Fund Regular Growth Very High Risk	1.0%	0.0%	₹9.66 Cr	-
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Very High Risk	0.4%	0.0%	₹9.66 Cr	-
Motilal Oswal Active Momentum Fund Direct Growth Very High Risk	2.6%	1.0%	₹105.07 Cr	-
Motilal Oswal Active Momentum Fund Regular Growth Very High Risk	2.7%	1.0%	₹105.07 Cr	-
Nippon India Active Momentum Fund Regular Growth Very High Risk	1.7%	1.0%	₹180.01 Cr	-
Nippon India Active Momentum Fund Direct Growth Very High Risk	0.7%	1.0%	₹180.01 Cr	-
Groww Nifty 200 ETF Very High Risk	0.3%	-	₹12.84 Cr	-
Groww Nifty 200 ETF FoF Direct Growth Very High Risk	0.1%	1.0%	₹4.53 Cr	-
Groww Nifty 200 ETF FoF Regular Growth Very High Risk	0.7%	1.0%	₹4.53 Cr	-
Invesco India Business Cycle Fund Direct Growth Very High Risk	0.7%	0.0%	₹494.67 Cr	-
Invesco India Business Cycle Fund Regular Growth Very High Risk	2.4%	0.0%	₹494.67 Cr	-
Kotak MSCI India ETF Very High Risk	0.4%	-	₹1174.45 Cr	-
Motilal Oswal Innovation Opportunities Fund Direct Growth Very High Risk	1.0%	1.0%	₹224.98 Cr	-
Motilal Oswal Innovation Opportunities Fund Regular Growth Very High Risk	2.4%	1.0%	₹224.98 Cr	-
Groww Nifty India Railways PSU ETF Very High Risk	0.5%	-	₹56.78 Cr	-
ICICI Prudential Rural Opportunities Fund Regular Growth Moderate Risk	2.2%	1.0%	₹1371.41 Cr	-
ICICI Prudential Rural Opportunities Fund Direct Growth Moderate Risk	1.0%	1.0%	₹1371.41 Cr	-
WhiteOak Capital Quality Equity Fund Direct Growth Very High Risk	0.6%	1.0%	₹543.09 Cr	-
WhiteOak Capital Quality Equity Fund Regular Growth Very High Risk	2.4%	1.0%	₹543.09 Cr	-
UTI Quant Fund Regular Growth Very High Risk	2.0%	1.0%	₹1727.34 Cr	-
UTI Quant Fund Direct Growth Very High Risk	0.3%	1.0%	₹1727.34 Cr	-
ICICI Prudential Nifty Auto ETF Very High Risk	0.2%	-	₹147.86 Cr	-6.4%
ICICI Prudential Nifty 200 Quality 30 ETF Very High Risk	0.3%	-	₹182.64 Cr	-0.9%
ICICI Prudential Nifty Alpha Low Volatility 30 ETF Very High Risk	0.4%	-	₹1826.86 Cr	-7.3%
Mirae Asset Nifty India New Age Consumption ETF Very High Risk	0.3%	-	₹26.38 Cr	-
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund Regular Growth Very High Risk	0.9%	0.0%	₹13.57 Cr	-
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹13.57 Cr	-
Edelweiss BSE Capital Markets & Insurance ETF Very High Risk	0.1%	-	₹15.08 Cr	-
Aditya Birla Sun Life Conglomerate Fund Regular Growth Very High Risk	2.1%	0.0%	₹1647.39 Cr	-
Aditya Birla Sun Life Conglomerate Fund Direct Growth Very High Risk	0.6%	0.0%	₹1647.39 Cr	-
SBI Quant Fund Regular Growth Very High Risk	1.9%	0.0%	₹3750.13 Cr	-
SBI Quant Fund Direct Growth Very High Risk	0.7%	0.0%	₹3750.13 Cr	-
Quantum Ethical Fund Direct Growth Very High Risk	0.8%	1.0%	₹61.89 Cr	-
Quantum Ethical Fund Regular Growth Very High Risk	2.1%	1.0%	₹61.89 Cr	-
Union Active Momentum Fund Direct Growth Very High Risk	1.1%	1.0%	₹445.30 Cr	-
Union Active Momentum Fund Regular Growth Very High Risk	2.4%	1.0%	₹445.30 Cr	-
DSP Business Cycle Fund Direct Growth Very High Risk	0.7%	0.0%	₹1082.24 Cr	-
DSP Business Cycle Fund Regular Growth Very High Risk	2.2%	0.0%	₹1082.24 Cr	-

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Invesco India Business Cycle Fund Direct Growth?

The NAV of Invesco India Business Cycle Fund Direct Growth, as of 11-Jul-2025, is ₹12.38.

What is the portfolio composition of Invesco India Business Cycle Fund Direct Growth?

The fund's allocation of assets is distributed as 95.54% in equities, 0.00% in bonds, and 4.46% in cash and cash equivalents.

Who manages the Invesco India Business Cycle Fund Direct Growth?

The fund managers responsible for Invesco India Business Cycle Fund Direct Growth are:-

Aditya Khemani
Amit Ganatra

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹495 Cr

Expense Ratio

0.69%

ISIN

INF205KA1AI8

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

27 Feb 2025

Risk Level

Your principal amount will be at Very High Risk