Invesco India Business Cycle Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Generated +17.1% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 2.26% is lower than category median (2.52%).
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +10.05% | +6.32% | +3.73% |
| 3 Months | +4.57% | -0.20% | +4.77% |
| 6 Months | +15.70% | +5.98% | +9.72% |
| 1 Year | +18.23% | +3.90% | +14.33% |
| Since Inception | +29.55% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +19.16% | +4.03% | +15.13% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | +0.99% | +12.97% | +13.59% | +22.64% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2025-10-29 | 2026-03-30 | -16.6% | 5 months | 1 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related instruments selected on the basis of business cycle : Min 80% Max 100% Other equity and equity related instruments : Min 0% Max 20% Money Market/ Other Liquid Instruments : Min 0% Max 20% Gold / Silver ETFs : Min 0% Max 20% Units issued by InvITs : Min 0% Max 10% | Per Scheme Mandate |
Investment Objective & Strategy
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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 1,551 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Bandhan Innovation Fund | 7.9 | - | 2.25% | 85.4% | Rs 3,469 cr | Compare → |
| HDFC INNOVATION FUND | 8.5 | - | 2.08% | 68.4% | Rs 3,384 cr | Compare → |
| Invesco India Manufacturing Fund | 7.2 | - | 2.53% | 89.5% | Rs 766 cr | Compare → |
| Motilal Oswal Active Momentum Fund | 8.5 | - | - | 54.9% | Rs 1,559 cr | Compare → |
| Motilal Oswal Special Opportunities Fund | 8.7 | - | - | 64.3% | Rs 131 cr | Compare → |
Frequently Asked Questions about Invesco India Business Cycle Fund
What is the expense ratio of Invesco India Business Cycle Fund?
Invesco India Business Cycle Fund has a total expense ratio (TER) of 2.26% with a base expense ratio of 1.81%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages Invesco India Business Cycle Fund?
Invesco India Business Cycle Fund is managed by Aditya Khemani (tenure: 1.7 years since 2025-02-27).
What are the historical returns of Invesco India Business Cycle Fund?
Invesco India Business Cycle Fund has a 1-year return of +18.23%.
How large is Invesco India Business Cycle Fund?
Invesco India Business Cycle Fund manages assets of Rs 1,551 cr, placing it in the 'comfortable' size band relative to Sectoral / Thematic peers.
How is Invesco India Business Cycle Fund scored on MFIQ?
Invesco India Business Cycle Fund holds an MFIQ Score of 7.7/10 (Good), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Invesco India Business Cycle Fund?
Invesco India Business Cycle Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 18.22% with a maximum historical drawdown of -16.56%.