Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Invesco India Business Cycle Fund Direct Growth
NAV: 22 Jul '26
₹14.34
Min. for SIP
₹100
Fund size (AUM)
₹1,198.64 Cr
Expense ratio
0.72%
Rating
--
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,522 | +3.48% | |
| 6 months | ₹30,000 | ₹33,041 | +10.14% | |
| 1 year | ₹60,000 | ₹66,695 | +11.16% |
Holdings (38)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Aditya Infotech Ltd. | Technology | Equity | 6.45% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 6.10% |
| Max Healthcare Institute Ltd | Healthcare | Equity | 5.69% |
| Interglobe Aviation Ltd | Industrials | Equity | 5.21% |
| Sai Life Sciences Ltd. | Healthcare | Equity | 4.87% |
| Repo | Unspecified | Repo | 4.76% |
| BSE Ltd | Financial | Equity | 4.40% |
| Prestige Estates Projects Ltd | Real Estate | Equity | 4.34% |
| Trent Ltd | Consumer Discretionary | Equity | 4.21% |
| Cholamandalam Investment & Finance Company Ltd | Financial | Equity | 3.54% |
| Amber Enterprises India Ltd | Consumer Discretionary | Equity | 3.52% |
| The Federal Bank Ltd | Financial | Equity | 3.45% |
| AU Small Finance Bank Ltd | Financial | Equity | 3.37% |
| Zomato Ltd | Technology | Equity | 3.33% |
| L&T Finance Holdings Ltd | Financial | Equity | 3.11% |
| Indusind Bank Ltd | Financial | Equity | 3.08% |
| WeWork India Management Ltd. | Industrials | Equity | 3.07% |
| Krishna Institute Of Medical Sciences Ltd | Healthcare | Equity | 2.60% |
| Global Health Ltd | Healthcare | Equity | 2.42% |
| Swiggy Ltd. | Technology | Equity | 2.39% |
| RBL Bank Ltd | Financial | Equity | 2.37% |
| JK Cement Ltd | Materials | Equity | 2.19% |
| HDFC Asset Management Company Ltd | Financial | Equity | 1.84% |
| Sonata Software Ltd | Technology | Equity | 1.71% |
| The Indian Hotels Company Ltd | Consumer Discretionary | Equity | 1.71% |
| Glenmark Pharmaceuticals Ltd | Healthcare | Equity | 1.41% |
| Max Estates Ltd | Real Estate | Equity | 1.41% |
| Apollo Hospitals Enterprise Ltd | Healthcare | Equity | 1.26% |
| Phoenix Mills Ltd | Real Estate | Equity | 1.09% |
| ABB India Ltd | Industrials | Equity | 1.00% |
| HEXAWARE TECHNOLOGIES LIMITED EQ NEW FV RS.2/- | Technology | Equity | 0.96% |
| Dixon Technologies (India) Ltd | Consumer Discretionary | Equity | 0.90% |
| Timken India Ltd | Industrials | Equity | 0.64% |
| Grindwell Norton Ltd | Materials | Equity | 0.59% |
| Carborundum Universal Ltd | Materials | Equity | 0.43% |
| Bansal Wire Industries Ltd. | Materials | Equity | 0.42% |
| Ethos Ltd | Consumer Discretionary | Equity | 0.41% |
| Net Payables | Unspecified | Net Payables | -0.25% |
See All
Minimum investments
Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | +13.1% | +15.5% | +15.1% | +45.0% |
| Category average (Equity Thematic) | -- | -- | -0.6% | -- |
| Rank (Equity Thematic) | 1 | 1 | 1 | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 0.50%, if redeemed within 3 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Fund management
AKAditya KhemaniFeb 2025 - PresentView details
AK
Aditya Khemani
Feb 2025 - Present
View details
About Invesco India Business Cycle Fund Direct Growth
Invesco India Business Cycle Fund Direct Growth is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 24 Jul 2006. Aditya Khemani is the Current Fund Manager of Invesco India Business Cycle Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,52,010 Cr and the Latest NAV as of 22 Jul 2026 is ₹14.34.
The Invesco India Business Cycle Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 0.50%, if redeemed within 3 months.
;
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.
Fund benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)#16 in India
Total AUM₹1,52,009.59 Cr
Date of Incorporation24 Jul 2006
Launch Date24 Jul 2006
AddressB-1001, B Wing, 10th Floor, Marathon Futurex,N. M. Joshi Marg, Lower Parel,Mumbai, Maharashtra Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,