Invesco India Banking and PSU Debt Fund
- NAV as on 24 Sep 2026
- ₹2,399.41-0.13%1 day
- Return since launch
- 6.6%
- 52-week range
- ₹2,294.29 — ₹2,406.52
- AUM
- ₹82.20 Cr
Invesco India Banking and PSU Debt Fund is a Banking and PSU debt fund from Invesco Mutual Fund with ₹82.20 Cr under management, launched in 2012. Over three years it has returned 6.0% a year, against 6.7% for its category. The expense ratio is 0.63% and the SEBI riskometer reading is Moderate.
Performance
Invesco India Banking and PSU Debt Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.6% against +4.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.6% | −0.2 pts | 4.7% | 4.7% |
| 2Y | 5.2% | −0.1 pts | 5.4% | 5.4% |
| 3Y | 6.0% | −0.7 pts | 6.7% | 6.1% |
| 5Y | 6.2% | +0.3 pts | 5.8% | 6.3% |
| 7Y | 5.8% | −0.4 pts | 6.2% | 6.1% |
| 10Y | 6.0% | −0.6 pts | 6.7% | 6.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.0% | −0.1 pts | 0.1% | 0.1% |
| 3M | 0.7% | −0.1 pts | 0.8% | 0.7% |
| 6M | 3.0% | +0.1 pts | 2.9% | 3.0% |
| 1Y | 4.6% | −0.2 pts | 4.7% | 4.7% |
| 2Y | 6.0% | −0.1 pts | 6.1% | 6.1% |
| 3Y | 6.8% | +0.1 pts | 6.7% | 6.7% |
| 5Y | 5.2% | −0.6 pts | 5.8% | 5.8% |
| 7Y | 5.8% | −0.6 pts | 6.4% | 6.3% |
| 10Y | 6.2% | −0.4 pts | 6.7% | 6.7% |
Since launch (10 Dec 2012): 6.6%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.2% | −0.5 pts | 7.7% |
| 2024 | 8.2% | 0.0 pts | 8.2% |
| 2023 | 6.5% | −0.6 pts | 7.0% |
| 2022 | 0.7% | −3.2 pts | 3.9% |
| 2021 | 3.4% | −0.4 pts | 3.8% |
| 2020 | 9.5% | −1.0 pts | 10.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.63%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.54%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.09%
- Exit load
- Exit load of 1% if redeemed within 1 year
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Banking & PSU Debt Index A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.56 | 0.92 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.93 | 1.55 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.75 | 1.28 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Invesco India Banking and PSU Debt Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt84.2%
- Other15.8%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 16.39% | ₹13.48 Cr | +1.53% | +1.50% | +0.60% |
| GOI | Sovereign | 12.10% | ₹9.94 Cr | +5.30% | +5.29% | +2.63% |
| Indian Railway Finance Corporation Ltd. | Financial | 9.71% | ₹7.98 Cr | +8.34% | +8.31% | +4.14% |
| Power Grid Corporation Of India Ltd. | Energy | 9.02% | ₹7.42 Cr | +7.38% | +7.54% | +4.70% |
| Power Finance Corporation Ltd. | Financial | 6.12% | ₹5.03 Cr | +5.28% | +5.22% | +2.62% |
| Hindustan Petroleum Corporation Ltd. | Energy | 6.11% | ₹5.02 Cr | +5.25% | +5.19% | +2.60% |
| National Highways Authority of India Ltd. | Services | 6.10% | ₹5.02 Cr | +5.22% | +5.20% | +2.61% |
| HDFC Bank Ltd. | Financial | 6.09% | ₹5.00 Cr | +5.26% | +5.14% | +2.58% |
| REC Ltd. | Financial | 6.08% | ₹5.00 Cr | +5.24% | +5.19% | +2.60% |
| National Bank For Agriculture & Rural Development | Financial | 6.07% | ₹4.99 Cr | +8.38% | +8.33% | +4.17% |
| National Bank For Financing Infrastructure And Development | Financial | 5.99% | ₹4.92 Cr | +5.16% | +5.15% | +2.58% |
| ICICI Bank Ltd. | Financial | 5.97% | ₹4.90 Cr | +5.12% | +5.06% | +2.51% |
| Export-Import Bank Of India | Financial | 4.25% | ₹3.50 Cr | +8.88% | +8.82% | +4.41% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | 9.82% | 6.07% | -3.75% |
| Power Grid Corporation Of India Ltd. | 4.33% | 4.13% | -0.20% |
| GOI | 12.22% | 12.10% | -0.12% |
| Indian Railway Finance Corporation Ltd. | 9.81% | 9.71% | -0.10% |
| National Bank For Financing Infrastructure And Development | 6.09% | 5.99% | -0.10% |
| National Highways Authority of India Ltd. | 6.17% | 6.10% | -0.07% |
| Export-Import Bank Of India | 4.30% | 4.25% | -0.05% |
| Power Finance Corporation Ltd. | 6.17% | 6.12% | -0.05% |
| REC Ltd. | 6.13% | 6.08% | -0.05% |
| Hindustan Petroleum Corporation Ltd. | 6.15% | 6.11% | -0.04% |
| ICICI Bank Ltd. | 6.00% | 5.97% | -0.03% |
| HDFC Bank Ltd. | 6.11% | 6.09% | -0.02% |
| Others | 0.60% | 0.60% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹5,539 Cr | 0.63% | 5.5% | 6.5% | 6.7% |
 Bandhan Banking and PSU Debt Fund | ₹12,014 Cr | 0.68% | 5.7% | 6.4% | 6.5% |
 ICICI Prudential Banking and PSU Debt Fund | ₹8,667 Cr | 0.74% | 4.9% | 6.3% | 6.6% |
 Kotak Banking and PSU Debt Fund | ₹4,937 Cr | 0.75% | 4.6% | 6.2% | 6.5% |
 UTI Banking & PSU Debt Fund | ₹1,508 Cr | 0.47% | 6.2% | 6.9% | 7.2% |
 Franklin India Banking & PSU Debt Fund | ₹567 Cr | 0.49% | 5.9% | 6.8% | 6.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The fund generates returns by investing primarily in debt & Money Market Instruments issued by Banks, Public Financial Institutions (PFIs), Public Sector Undertakings (PSUs) and Municipal Bonds.
Fund managers
- Krishna Venkat CheemalapatiMr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.
- Vikas GargMr. Garg is CFA MBA Finance, B-Tech and M- TechPrior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.02% absolute | ₹60,000 | ₹61,812 | 3.02% | |
| 1 year4.57% annualised | ₹1,20,000 | ₹1,23,012 | 2.51% | |
| 3 years6.77% annualised | ₹3,60,000 | ₹4,00,170 | 11.16% | |
| 5 years5.24% annualised | ₹6,00,000 | ₹6,87,230 | 14.54% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.