Invesco India Business Cycle Fund Direct Growth

Invesco India Business Cycle Fund Direct Growth

Equity

Invesco Mutual Fund

Equity - Other

Get the latest NAV of Invesco India Business Cycle Fund Direct Growth. 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.

₹12.44

▼-0.7%1D

NAV as on 29 Aug 2025

24.4%/per year

Since Inception

Absolute Gain%

▲▼

390 people have invested ₹ 1.2Cr in Invesco India Business Cycle Fund Direct Growth 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 (29-Aug-25)

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

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-0.96%
8.27%
24.4%
--
--
--
Nifty 500
-0.93%
-1.49%
12.99%
-5.36%
13.88%
18.93%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
5.08%
13.88%
42.26%
27.94%
30.24%
31.29%
Worst in Equity - Other
-6.39%
-15.63%
-0.25%
-22.45%
7.65%
12.27%

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
-
567Cr
0.69%
-
-
--
--
--
--
--
ICICI Prudential India Opportunities Fund Direct Growth
1/40
29,718Cr
0.63%
0.9%
23.91%
9.01
0.82
1.30
2.52
1.86
ICICI Prudential Business Cycle Fund Direct Growth
2/40
13,479Cr
0.72%
5.13%
23.35%
7.29
0.86
1.21
2.32
1.57
Nippon India Quant Fund Direct Growth
3/40
101Cr
0.47%
-3.36%
20.3%
6.44
0.99
0.90
1.58
2.20
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-Aug-25)

Fund Distribution

as on (14-Aug-25)

Mid cap
41.1%
Large cap
35.5%
Small cap
17.9%
Small Cap allocation has gone down from 25.5% to 17.9%
Small Cap allocation has gone down from 25.5% to 17.9%
Mid Cap allocation has gone up from 38.9% to 41.1%
Mid Cap allocation has gone up from 38.9% to 41.1%
Large Cap allocation has gone up from 31.1% to 35.5%
Large Cap allocation has gone up from 31.1% to 35.5%
Cash allocation has gone down from 4.5% to 3.1%
Cash allocation has gone down from 4.5% to 3.1%

Invesco India Business Cycle Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

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

Jul'25

Health

25%

Financial Services

21%

Consumer Cyclical

20%

Jun'25

Financial Services

24%

Health

22%

Consumer Cyclical

20%

Invesco India Business Cycle Fund Holdings Details

as on (31-Jul-25)

Holdings
Weight%
1M Change
Eternal Ltd
5.5%
10.9%
Max Healthcare Institute Ltd Ordinary Shares
4.94%
61.2%
Trent Ltd
4.91%
38%
Swiggy Ltd
4.83%
13.4%
InterGlobe Aviation Ltd
4.67%
5.3%
See all
Top Stocks bought last month
United Spirits Ltd's allocation increased from 1.01% to 2.46%
United Spirits Ltd's allocation increased from 1.01% to 2.46%
Max Healthcare Institute Ltd Ordinary Shares's allocation increased from 3.6% to 4.94%
Max Healthcare Institute Ltd Ordinary Shares's allocation increased from 3.6% to 4.94%
Max Estates Ltd's allocation increased from 1.86% to 2.91%
Max Estates Ltd's allocation increased from 1.86% to 2.91%
Top Stocks sold last month
Trent Ltd's allocation decreased from 5.06 % to 4.91 %
Trent Ltd's allocation decreased from 5.06 % to 4.91 %
Swiggy Ltd's allocation decreased from 4.85 % to 4.83 %
Swiggy Ltd's allocation decreased from 4.85 % to 4.83 %
InterGlobe Aviation Ltd's allocation decreased from 5.15 % to 4.67 %
InterGlobe Aviation Ltd's allocation decreased from 5.15 % to 4.67 %

Invesco India Business Cycle Fund Direct Growth Overview

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

Expense ratio0.69%
Benchmark
Nifty 500 TR INR
AUM₹567 Cr
Inception Date27 February, 2025
Min Lumpsum/SIP₹1000/₹500
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 Direct Growth is an equity fund. This fund was started on 27 February, 2025. The fund is managed by Aditya Khemani, Amit Ganatra. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Invesco India Business Cycle Fund Direct Growth has ₹567 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Invesco India Business Cycle Fund Direct Growth has given a CAGR return of 24.40% since inception.

Holdings

Invesco India Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Financial Services, Consumer Cyclical, Industrial, Real Estate, Tech, Basic Materials, Consumer Defensive. Its top holdings are Eternal Ltd, Max Healthcare Institute Ltd Ordinary Shares, Trent Ltd, Swiggy Ltd, InterGlobe Aviation Ltd

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 Direct Growth

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 1000.00 and for SIP is INR 500.00. Invesco India Business Cycle Fund Direct Growth has no lock in period.

Fund Manager

Aditya Khemani

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

Amit Ganatra

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

Learn more about Invesco Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 567.4 Cr
₹ 494.7 Cr
₹ 350.1 Cr
  • AUM of the fund stands at 567.4 Cr as of Jul'25
  • AUM increased by 72.7 Cr between Jul'25 and Jun'25

Frequently Asked Questions for Invesco India Business Cycle Fund Direct Growth

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 ₹12.44. 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.

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

The fund managers are Aditya Khemani, Amit Ganatra.

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 0.69%. 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 ₹567 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 Eternal Ltd(5.5%), Max Healthcare Institute Ltd Ordinary Shares(4.94%), Trent Ltd(4.91%)