Invesco Mutual Fund

Invesco, a US-based fund house, entered India back in 2013 in partnership with Religare Securities Ltd. to form Religare Invesco Asset Management Co. Ltd. The former owned 49% stake in the asset management company, with the rest being held by the latter.

In 2015, Invesco bought the 51% share owned by the co-sponsor Religare. The company purchased stakes amounting to Rs. 21,500 Crore to establish Invesco Asset Management (India) Ltd. or Invesco Mutual Fund.

Out of the 43 AMCs back then, the company became one of the only 16 to have assets under management (AuM) of more than Rs. 20,000 Crore.

The company is a trust set up under the Indian Trusts Act, 1882 and registered with SEBI under the registration code MF/052/06/01.

Invesco Asset Management (India) Ltd. creates an optimum balance between their product portfolios by assigning individually-focused management team to the same. The company offers dedicated support with expertise and business-building solutions to help their clients gain adequate capital appreciation while minimising the risk factors. The organisation employs dedicated professionals based on customer and channel requirements. Abiding the policy of “investor first”, the AMC ensures the clients reach their financial objectives.

As of 31 March 2019, Invesco Asset Management (India) Ltd. offers 150 schemes and has an AuM of Rs. 23,990.39 Crore.

Invesco

Invesco is an independent investment management firm based in Atlanta, Georgia. The company offers a wide range of investment opportunities in equity funds, fixed income funds, alternatives, unit investment trusts (UITs), exchange-traded funds (ETFs), collective trusts, institutional separate accounts, etc.

The company has presence in 25 countries worldwide, serves clients from 120, and has a workforce of 8,000 employees globally.

As of 31 May 2019, Invesco India Mutual Fund has an asset under management (AuM) of $1,159.3 billion. Equity funds constitute the majority of the company’s AuM at $543 billion; next is fixed income funds with $269 billion, alternatives with $189.3 billion, money market funds with $96.3 billion, and balanced funds with $61.7 billion. The company reported an appreciation of the total AuM of $222.3 billion (18.9%) compared to the previous month.

Key information

Mutual fundInvesco Mutual Fund
Asset management companyInvesco Asset Management (India) Ltd.
Set up24 July 2006
Incorporated20 May 2005
SponsorsInvesco Hong Kong Ltd.
Name of trusteesDean Chisholm (Associate Director)Jeremy Simpson (Associate Director)Bakul Patel (Independent Director)Satyananda Mishra (Independent Director)G. Anantharaman (Independent Director)
ChairmanMr. V. K. Chopra
MD and CEOMr. Saurabh Nanavati
CIOMr. Taher Badshah
Investor Service OfficerMr. Surinder Singh Negi
Compliance OfficerMr. Suresh Jakhotiya

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How can you invest in Invesco Mutual Funds?

Follow the few simple steps mentioned below to invest in Invesco Mutual Fund in India:

Step 1. Register/create a new Groww account or log-in if you already have one.

Step 2. Upload your identity proof documents like Passport, PAN, Driving License, Aadhaar, Voter ID, Central or State Government ID card, etc.

Step 3. Upload your address proof documents like any KYC document with your permanent address.

Step 4. Choose your preferred investment period.

Step 5. Select your preferred risk appetite- low, mid, or high.

Step 6. Choose the Invesco Mutual Fund you want to invest in.

Step 7. Click on “Invest One Time” if you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.

Your Groww account will reflect the Invesco Mutual Fund in India you have purchased within 3 to 4 working days.

Top Performing Invesco Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Invesco India Ultra Short Term FundDebtModerate8.8%5star548
Invesco India Contra FundEquityModerately High7.9%5star4,263
Invesco India Growth Opportunities FundEquityModerately High15.4%4star1,822
Invesco India Infrastructure FundEquityHigh12.8%4star40
Invesco India Mid Cap FundEquityModerately High7.8%4star528
Invesco India Banking & PSU Debt FundDebtModerate10.6%4star40
Invesco India Largecap FundEquityModerately High11.6%4star199
Invesco India PSU Equity FundEquityHigh20.1%4star62
Invesco India Financial Services FundEquityHigh23.1%4star163
Invesco India Tax PlanEquityModerately High11.3%4star912
Invesco India Treasury Advantage FundDebtModerately Low9.9%4star1,193
Invesco India Dynamic Equity FundHybridModerately High10.2%4star922
Invesco India Arbitrage FundHybridModerately Low6.8%3star228
Invesco India Liquid FundDebtLow7.0%3star5,755
Invesco India Equity & Bond FundBalancedModerately High14.1%3star422
View All Top Performing Invesco Mutual Funds

Top Fund Managers

1. Mr. Amit Ganatra

Mr. Amit Ganatra is the Senior Fund Manager of Equities at Invesco Mutual Fund since 2007. He currently handles an AuM of Rs. 7,321 Crore invested in 20 schemes like Invesco India Financial Services Fund, Invesco India Contra Fund, Invesco India Largecap Fund, Invesco India Financial Services Fund, Invesco India Equity Savings Fund, Invesco India Equity & Bond Fund, Invesco India Tax Plan, etc.

He holds a degree in B.Com. Mr. Ganatra is also a Chartered Accountant and a Chartered Financial Analyst from CFA Institute.

Prior to working with Invesco, he was initially a Management Trainee at Cipla back in 2002. He joined CMIE as an analyst a year later. In 2004, he became the Sector Specialist at Fidelity Investments. He joined DBS Cholamandalam Asset Management Ltd. (now L&T Mutual Fund) in 2006 as a Senior Fund Manager of Equity.

2. Mr. Pranav Gokhale

Mr. Pranav Gokhale is a Fund Manager of Equities at Invesco Asset Management (India) Ltd. since 2008. He manages an AuM of Rs. 2,893 Crore invested in 21 schemes like Invesco India Mid Cap Fund, Invesco India Infrastructure Fund, Invesco India PSU Equity Fund, Invesco India Multicap Fund, Invesco India Dynamic Equity Fund, Invesco India Arbitrage Fund, etc.

He holds a B.Com degree from the H.R. College of Commerce and Economics and an M.Com degree from the Mumbai University. Mr. Gokhale is also a Chartered Accountant.

He initially served as an Assistant Manager of Internal Audit at Kirtane & Pandit LLP Chartered Accountants in 2000. In 2003 he joined Rosy Blue Securities Private Ltd. as an Equity Analyst. He became a Research Analyst in ICICI Web Trade Ltd. in 2005. A year later, he joined IL&FS as a Senior Analyst and Assistant Fund Manager.

3. Mr. Neelesh Dhamnaskar

Mr. Neelesh Dhamnaskar serves as the Fund Manager of Equities and Analyst at Invesco Mutual Fund since 2010.

He holds a B.Com degree from the M.L. Dahanukar College of Commerce and an MMS degree from the MET Institute of Management. Mr. Dhamnaskar has also cleared CFA Level 2 from the CFA Institute.

Mr. Dhamnaskar was a Commodities Research Analyst in Anand Rathi Securities Ltd. earlier. He joined a domestic broking house – KRC after holding the previous position. Before joining Invesco, he served as an Assistant PMS Fund Manager at Enam (now owned by Axis Bank).

4. Mr. Nitin Gosar

Mr. Nitin Gosar is currently serving as a Fund Manager of Equities in Invesco Asset Management (India) Private Ltd. since 2011. He handles an portfolio of Rs. 256 Crore invested in 6 schemes like Invesco India Largecap Fund, Invesco India PSU Equity Fund, etc.

He holds a BMS degree from the University of Mumbai. Mr. Gosar is also a Chartered Financial Analyst from ICFAI.

Before joining Invesco, he was serving as a Research Analyst at NDA Securities Ltd. in 2005. The same year, he moved to SKP Securities Ltd. as a Research Associate. A year later, he became an Equity Analyst in the same firm. He joined B&K Securities in 2006 as a Research Analyst and Equity Analyst. In 2008, he began serving as a Research Analyst at Maximus Advisory. Mr. Gosar joined IFCI Financial Services Ltd. in 2009 as an Equity Analyst before moving to Invesco.

5. Mr. Nitish Sikand

Mr. Nitish Sikand is serving as the Fund Manager of Fixed Income at Invesco Mutual Fund from 2007. Total AuM under him piles up to Rs. 5,289 Crore invested across 31 schemes like Invesco India Ultra Short Term Fund, Invesco India Treasury Advantage Fund, Invesco India Money Market Fund, Invesco India Banking & PSU Debt Fund, Invesco India Credit Risk Fund, etc.

He holds a B.Com degree from the Bangalore University and a PGDBM in Finance from the FORE School of Management.

He was initially the Relationship Manager of Treasury at Citicorp Maruti Finance Ltd. back in 2000. In 2004, he joined JM Financial Asset Management Private Ltd. Mr. Sikand became the Product Manager of Offshore Funds at ICICI Bank Ltd. in 2005.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Invesco India Ultra Short Term Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Ultra Short Duration segment. It has given a commendable 7.99% annual returns in the last three years. In the previous year, it delivered 8.84% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹NaN
AUM548Cr
1Y Returns8.8%

Invesco India Contra Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Contra segment. It has given a commendable 11.67% annual returns in the last three years. In the previous year, it delivered 7.93% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM4,263Cr
1Y Returns7.9%

Invesco India Growth Opportunities Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Large & Mid Cap segment. It has given a commendable 13.44% annual returns in the last three years. In the previous year, it delivered 15.42% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM1,822Cr
1Y Returns15.4%

Invesco India Infrastructure Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Sectoral/Thematic segment. It has given a commendable 9.49% annual returns in the last three years. In the previous year, it delivered 12.81% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM40Cr
1Y Returns12.8%

Invesco India Mid Cap Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Mid Cap segment. It has given a commendable 8.53% annual returns in the last three years. In the previous year, it delivered 7.75% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM528Cr
1Y Returns7.8%

Invesco India Banking & PSU Debt Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Banking & PSU segment. It has given a commendable 7.68% annual returns in the last three years. In the previous year, it delivered 10.58% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹NaN
AUM40Cr
1Y Returns10.6%

Invesco India Largecap Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Large Cap segment. It has given a commendable 9.87% annual returns in the last three years. In the previous year, it delivered 11.55% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM199Cr
1Y Returns11.6%

Invesco India PSU Equity Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Sectoral/Thematic segment. It has given a commendable 5.88% annual returns in the last three years. In the previous year, it delivered 20.06% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM62Cr
1Y Returns20.1%

Invesco India Financial Services Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Sectoral/Thematic segment. It has given a commendable 15.64% annual returns in the last three years. In the previous year, it delivered 23.06% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM163Cr
1Y Returns23.1%

Invesco India Tax Plan Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in ELSS segment. It has given a commendable 11.17% annual returns in the last three years. In the previous year, it delivered 11.35% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM912Cr
1Y Returns11.3%

Invesco India Treasury Advantage Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Low Duration segment. It has given a commendable 7.83% annual returns in the last three years. In the previous year, it delivered 9.87% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹NaN
AUM1,193Cr
1Y Returns9.9%

Invesco India Dynamic Equity Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Balanced Advantage segment. It has given a commendable 9.71% annual returns in the last three years. In the previous year, it delivered 10.17% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹NaN
AUM922Cr
1Y Returns10.2%

Invesco India Arbitrage Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Arbitrage segment. It has given a commendable 6.63% annual returns in the last three years. In the previous year, it delivered 6.77% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹NaN
AUM228Cr
1Y Returns6.8%

Invesco India Liquid Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Liquid segment. It has given a commendable 7.04% annual returns in the last three years. In the previous year, it delivered 7.05% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹NaN
AUM5,755Cr
1Y Returns7.0%

Invesco India Equity & Bond Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Balanced segment. It has given a commendable NA annual returns in the last three years. In the previous year, it delivered 14.07% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Balanced mutual funds in India.

Min Investment Amt₹NaN
AUM422Cr
1Y Returns14.1%

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