Invesco India Business Cycle Fund

Invesco India Business Cycle Fund

Equity

Invesco Mutual Fund

Equity - Other

Get the latest NAV of Invesco India Business Cycle Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹11.60

▼-3.2%1D

NAV as on 20 Mar 2026

14.84%/per year

Since Inception

Absolute Gain%

▲▼

487 people have invested ₹ 39.7L in Invesco India Business Cycle Fund in the last three months

Invesco India Business Cycle Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (20-Mar-26)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-9.4%
-9.96%
-11.48%
13.32%
--
--
Nifty 500
-8.57%
-9.66%
-8.92%
1.52%
14.32%
11.68%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
-1.22%
8.37%
13.02%
29.02%
32.11%
27.33%
Worst in Equity - Other
-11.63%
-20.54%
-23.89%
-13.44%
7.02%
6.17%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Invesco India Business Cycle Fund
-
947Cr
0.59%
13.32%
-
--
--
--
--
--
ICICI Prudential India Opportunities Fund
1/47
35,666Cr
0.65%
6.66%
22.05%
7.78
0.82
1.52
3.00
1.60
ICICI Prudential Business Cycle Fund
2/47
16,202Cr
0.73%
7.33%
21.06%
7.04
0.84
1.44
2.85
1.52
Nippon India Quant Fund
3/47
113Cr
0.53%
5.59%
18.88%
3.82
1.02
1.13
2.00
1.38
See all

Invesco India Business Cycle Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Invesco India Business Cycle Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Mid cap
38.7%
Large cap
31.5%
Small cap
28.9%
Mid Cap allocation has gone up from 37.6% to 38.7%
Mid Cap allocation has gone up from 37.6% to 38.7%
Large Cap allocation has gone down from 34.3% to 31.5%
Large Cap allocation has gone down from 34.3% to 31.5%
Small Cap allocation has gone up from 27.4% to 28.9%
Small Cap allocation has gone up from 27.4% to 28.9%
Cash allocation has gone up from 0.6% to 0.8%
Cash allocation has gone up from 0.6% to 0.8%

Invesco India Business Cycle Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Health
22.9%
Financial Services
22.1%
Consumer Cyclical
18.6%
Industrial
15.3%
Real Estate
9.1%
Tech
5.9%
Basic Materials
4%
Consumer Defensive
2.1%

Top 3 Sectors in February were Financial Services, Health & Consumer Cyclical

Feb'26

Financial Services

29%

Health

22%

Consumer Cyclical

17%

Jan'26

Financial Services

30%

Health

20%

Consumer Cyclical

17%

Invesco India Business Cycle Fund Holdings Details

as on (28-Feb-26)

Top Stocks bought last month
Max Healthcare Institute Ltd Ordinary Shares's allocation increased from 5.63% to 6.96%
Max Healthcare Institute Ltd Ordinary Shares's allocation increased from 5.63% to 6.96%
Amber Enterprises India Ltd Ordinary Shares's allocation increased from 3.59% to 4.72%
Amber Enterprises India Ltd Ordinary Shares's allocation increased from 3.59% to 4.72%
BSE Ltd's allocation increased from 3.23% to 3.9%
BSE Ltd's allocation increased from 3.23% to 3.9%
Top Stocks sold last month
InterGlobe Aviation Ltd's allocation decreased from 5.99 % to 5.93 %
InterGlobe Aviation Ltd's allocation decreased from 5.99 % to 5.93 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 4.34 % to 4.34 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 4.34 % to 4.34 %
Trent Ltd's allocation decreased from 4.34 % to 4.22 %
Trent Ltd's allocation decreased from 4.34 % to 4.22 %

Invesco India Business Cycle Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.59%
Benchmark
Nifty 500 TR INR
AUM₹947 Cr
Inception Date27 February, 2025
Min Lumpsum/SIP₹100/₹100
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
98.92%
Risk
Risk meter
pointer
Very High Risk

About Invesco India Business Cycle Fund

Invesco India Business Cycle Fund is an equity fund. This fund was started on 27 February, 2025. The fund is managed by Aditya Khemani. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Invesco India Business Cycle Fund has ₹947 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Invesco India Business Cycle Fund has given a CAGR return of 14.84% since inception. Over the last 1 year the fund has given a CAGR return of 13.32%.

Holdings

Invesco India Business Cycle Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Consumer Cyclical, Industrial, Real Estate, Tech, Basic Materials. Its top holdings are Max Healthcare Institute Ltd Ordinary Shares, InterGlobe Aviation Ltd, Sai Life Sciences Ltd, Prestige Estates Projects Ltd, Amber Enterprises India Ltd Ordinary Shares

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Invesco India Business Cycle Fund

To generate long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Invesco India Business Cycle Fund has no lock in period.

Fund Manager

Aditya Khemani

Fund Manager of Invesco India Business Cycle Fund, since 27 February 2025

Learn more about Invesco Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 947 Cr
₹ 892.6 Cr
₹ 946.8 Cr
  • AUM of the fund stands at 947 Cr as of Feb'26
  • AUM increased by 54.4 Cr between Feb'26 and Jan'26

Frequently Asked Questions for Invesco India Business Cycle Fund

How do I invest in Invesco India Business Cycle Fund?

INDmoney makes it simple to invest in the Invesco India Business Cycle Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Invesco India Business Cycle Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

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

The NAV of the fund today is ₹11.60. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Invesco India Business Cycle Fund fund has generated a return of 13.32% in 1 year

Who is the fund manager of Invesco India Business Cycle Fund?

The fund managers are Aditya Khemani.

What is the exit load of the fund?

The exit load is 0.5% if redeemed in 0-3 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.59%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹947 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Invesco India Business Cycle Fund?

The top 3 holdings of the fund are Max Healthcare Institute Ltd Ordinary Shares(6.96%), InterGlobe Aviation Ltd(5.93%), Sai Life Sciences Ltd(4.99%)