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Mutual Funds

Invesco India Business Cycle Fund

Invesco India Business Cycle Fund icon

Invesco India Business Cycle Fund

Thematic-Business CycleRank #1
Not Rated

NAV (2026-08-28)

14.47

AUM

₹1,296.74 Cr

Exp. Ratio: 2.28%

RISK LEVEL

Very High

Returns & Performance

1 Year16.51%8.94% vs cat avgRank #1
3 Year----
5 Year----
Since Launch27.96%15.54% vs cat avg

Fund vs Category Average

1Y
16.51%+8.94%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
No lock-in period
Top-5 ranked in category for 1Y (#1)
Overall top-10 rank in category (#1)
Outperforms category avg since launch

Cons

3Y returns below category average
Higher expense ratio (2.28%)
ISININF205KA1AF4
NAV₹14.47
NAV Date2026-08-28
AUM₹1,296.74 Cr
Expense Ratio2.28%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹100
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2006-07-24

INVESTMENT OBJECTIVE

The scheme seeks 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.

Exit Load0.50%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.

Amit Ganatra

Mr. Ganatra holds a Commerce degree and is a Charted Accountant. He is also a Chartered Financial Analyst from AIMR.

Prior to joining the HDFC AMC, he has worked with Invesco Asset Management (India) Pvt. Ltd, HDFC Mutual Fund, DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.

Top Holdings

CompanySectorAsset Value (Cr)Asset %
Kotak Mahindra Bank Ltd.Financial₹72.795.61
Larsen & Toubro Ltd.Construction₹63.694.91
Sai Life Sciences Ltd.Healthcare₹62.224.80
Aditya Infotech Ltd.Communication₹60.954.70
Interglobe Aviation Ltd.Services₹60.164.64
Prestige Estates Projects Ltd.Construction₹53.784.15
DLF Ltd.Construction₹51.203.95
BSE Ltd.Services₹49.723.83
Max Healthcare Institute Ltd.Healthcare₹48.503.74
Trent Ltd.Services₹46.163.56

Frequently Asked Questions

Common questions about this fund, answered from scheme data

The latest Net Asset Value (NAV) of Invesco India Business Cycle Fund is ₹14.47 as of 2026-08-28.

The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.