Invesco India Corporate Bond Fund
Corporate BondModerateOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹3,357.75-0.06%1 day
- Return since launch
- 6.5%
- 52-week range
- ₹3,222.66 — ₹3,378.50
- AUM
- ₹4,099 Cr
Invesco India Corporate Bond Fund is a Corporate Bond debt fund from Invesco Mutual Fund with ₹4,099 Cr under management, launched in 2007. Over three years it has returned 5.9% a year, against 6.8% for its category. The expense ratio is 0.69% and the SEBI riskometer reading is Moderate.
Performance
Invesco India Corporate Bond Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.2% against +4.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.9% | −0.6 pts | 4.6% | 4.5% |
| 2Y | 5.0% | −0.3 pts | 5.3% | 5.3% |
| 3Y | 5.9% | −0.8 pts | 6.8% | 6.2% |
| 5Y | 6.2% | +0.4 pts | 5.8% | 6.4% |
| 7Y | 6.0% | −0.2 pts | 6.2% | 6.2% |
| 10Y | 6.2% | −0.3 pts | 6.5% | 6.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.2% | −0.2 pts | 0.0% | 0.0% |
| 3M | 0.2% | −0.3 pts | 0.5% | 0.5% |
| 6M | 2.8% | −0.1 pts | 3.0% | 2.9% |
| 1Y | 4.2% | −0.4 pts | 4.6% | 4.6% |
| 2Y | 5.9% | −0.2 pts | 6.1% | 6.2% |
| 3Y | 6.7% | −0.1 pts | 6.8% | 6.8% |
| 5Y | 5.7% | −0.1 pts | 5.8% | 5.8% |
| 7Y | 6.3% | −0.2 pts | 6.4% | 6.4% |
| 10Y | 6.0% | −0.5 pts | 6.5% | 6.7% |
Since launch (27 Jul 2007): 6.5%
Calendar-year returns
Category average10.1%
3.4%
2.9%
6.7%
8.0%
7.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.6% | −0.4 pts | 8.0% |
| 2024 | 8.0% | −0.3 pts | 8.4% |
| 2023 | 6.7% | −0.5 pts | 7.2% |
| 2022 | 2.9% | −0.7 pts | 3.5% |
| 2021 | 3.4% | −0.6 pts | 4.0% |
| 2020 | 10.1% | −0.9 pts | 11.0% |
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
0.69%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.58%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.10%
- Exit load
- Exit load of 1% if redeemed within 90 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Corporate Bond Index A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderate
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 | 0.98 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.86 | 1.65 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.75 | 1.35 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Invesco India Corporate Bond Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt91.9%
- Other8.1%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 8.57% | ₹351 Cr | +1.20% | +0.99% | +0.81% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 4.54% | ₹186 Cr | +3.68% | +3.26% | +2.30% |
| REC Ltd. | Financial | 4.26% | ₹175 Cr | +1.50% | +1.50% | +1.29% |
| Mindspace Business Parks REIT | Construction | 3.15% | ₹129 Cr | +1.94% | +3.28% | — |
| LIC Housing Finance Ltd. | Financial | 3.09% | ₹126 Cr | +6.06% | +5.10% | +2.78% |
| Small Industries Devp. Bank of India Ltd. | Financial | 3.03% | ₹124 Cr | +3.92% | +1.64% | +1.42% |
| ICICI Home Finance Company Ltd. | Financial | 2.79% | ₹114 Cr | +0.60% | +0.50% | +0.42% |
| Bajaj Housing Finance Ltd. | Financial | 2.44% | ₹100 Cr | +1.98% | +1.66% | +2.14% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 1.77% | ₹72.57 Cr | +1.63% | +1.37% | +1.18% |
| Indian Railway Finance Corporation Ltd. | Financial | 1.65% | ₹67.97 Cr | +0.66% | +0.56% | +3.00% |
| Bajaj Finance Ltd. | Financial | 1.57% | ₹64.57 Cr | +0.87% | +1.26% | +2.13% |
| Power Grid Corporation Of India Ltd. | Energy | 1.53% | ₹62.72 Cr | +1.26% | +1.08% | +1.00% |
| Karnataka State | Others | 1.22% | ₹49.81 Cr | +0.97% | +0.05% | +0.04% |
| DLF Cyber City Developers Ltd. | Construction | 1.20% | ₹49.20 Cr | +0.97% | +0.81% | — |
| Uttar Pradesh State | Others | 1.20% | ₹49.38 Cr | +0.97% | +0.82% | — |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 1.19% | ₹48.74 Cr | +1.39% | +1.16% | +1.78% |
| National Housing Bank | Financial | 1.18% | ₹48.50 Cr | +0.95% | +0.80% | +1.78% |
| ONGC Petro Additions Ltd. | Energy | 1.18% | ₹48.55 Cr | +0.96% | +0.81% | — |
| Shriram Finance Ltd | Financial | 1.18% | ₹48.31 Cr | +1.00% | — | — |
| National Bank For Agriculture & Rural Development | Financial | 1.11% | ₹45.35 Cr | +1.00% | +4.56% | +4.06% |
| India Universal Trust AL1 | Others | 1.08% | ₹44.29 Cr | +0.91% | +0.77% | +0.69% |
| Power Finance Corporation Ltd. | Financial | 0.86% | ₹34.86 Cr | +1.00% | +0.34% | +0.72% |
| Maharashtra State | Others | 0.77% | ₹31.45 Cr | +0.62% | +0.52% | +0.07% |
| Bharti Telecom Ltd. | Communication | 0.61% | ₹24.82 Cr | +0.50% | +0.42% | +0.71% |
| Can Fin Homes Ltd. | Financial | 0.61% | ₹25.09 Cr | +0.50% | +0.41% | — |
| HDB Financial Services Ltd. | Financial | 0.61% | ₹25.00 Cr | +0.50% | +0.41% | +0.35% |
| Rajasthan State | Others | 0.61% | ₹24.99 Cr | +0.49% | +0.41% | — |
| Ultratech Cement Ltd. | Materials | 0.60% | ₹24.75 Cr | — | — | — |
| Export-Import Bank Of India | Financial | 0.37% | ₹14.98 Cr | +0.30% | +0.25% | +0.21% |
| Sundaram Finance Ltd. | Financial | 0.36% | ₹14.73 Cr | +0.42% | +0.24% | — |
| National Highways Authority of India Ltd. | Services | 0.25% | ₹10.21 Cr | +0.20% | +0.17% | +0.07% |
| GOI | Sovereign | 0.12% | ₹4.90 Cr | +0.10% | +0.08% | +1.48% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Reliance Industries Ltd. | 1.21% | 0.00% | -1.21% |
| Bharti Telecom Ltd. | 1.75% | 0.61% | -1.14% |
| Jio Credit Ltd. | 0.59% | 0.00% | -0.59% |
| Small Industries Devp. Bank of India Ltd. | 2.37% | 1.82% | -0.55% |
| Bajaj Housing Finance Ltd. | 0.07% | 0.60% | +0.53% |
| Gujarat State | 0.35% | 0.00% | -0.35% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 4.44% | 4.54% | +0.10% |
| LIC Housing Finance Ltd. | 2.43% | 2.49% | +0.06% |
| Summit Digitel Infrastructure Pvt. Ltd. | 1.73% | 1.77% | +0.04% |
| DLF Cyber City Developers Ltd. | 1.17% | 1.20% | +0.03% |
| Karnataka State | 1.19% | 1.22% | +0.03% |
| Shriram Finance Ltd | 1.15% | 1.18% | +0.03% |
| Can Fin Homes Ltd. | 0.59% | 0.61% | +0.02% |
| HDB Financial Services Ltd. | 0.59% | 0.61% | +0.02% |
| ICICI Home Finance Company Ltd. | 0.59% | 0.61% | +0.02% |
| Jamnagar Utilities and Power Pvt. Ltd. | 1.17% | 1.19% | +0.02% |
| Maharashtra State | 0.75% | 0.77% | +0.02% |
| National Housing Bank | 1.16% | 1.18% | +0.02% |
| ONGC Petro Additions Ltd. | 1.16% | 1.18% | +0.02% |
| Others | 0.49% | 0.51% | +0.02% |
| Uttar Pradesh State | 1.18% | 1.20% | +0.02% |
| Bajaj Finance Ltd. | 0.35% | 0.36% | +0.01% |
| Export-Import Bank Of India | 0.36% | 0.37% | +0.01% |
| India Universal Trust AL1 | 1.07% | 1.08% | +0.01% |
| Mindspace Business Parks REIT | 0.71% | 0.72% | +0.01% |
| National Bank For Agriculture & Rural Development | 0.61% | 0.62% | +0.01% |
| National Highways Authority of India Ltd. | 0.24% | 0.25% | +0.01% |
| Power Finance Corporation Ltd. | 0.24% | 0.25% | +0.01% |
| Power Grid Corporation Of India Ltd. | 0.76% | 0.75% | -0.01% |
| REC Ltd. | 0.61% | 0.62% | +0.01% |
| Rajasthan State | 0.60% | 0.61% | +0.01% |
| Sundaram Finance Ltd. | 0.35% | 0.36% | +0.01% |
| Ultratech Cement Ltd. | 0.59% | 0.60% | +0.01% |
| Indian Railway Finance Corporation Ltd. | 0.40% | 0.41% | +0.01% |
| GOI | 0.12% | 0.12% | 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 | ₹10,492 Cr | 0.58% | 5.4% | 6.6% | 6.7% |
 ICICI Prudential Corporate Bond Fund | ₹29,688 Cr | 0.60% | 5.0% | 6.6% | 6.9% |
 Bandhan Corporate Bond Fund | ₹13,626 Cr | 0.68% | 5.4% | 6.4% | 6.5% |
 HSBC Corporate Bond Fund | ₹6,058 Cr | 0.60% | 4.7% | 6.4% | 6.5% |
 DSP Corporate Bond Fund | ₹2,816 Cr | 0.53% | 6.0% | 6.8% | 6.7% |
 Baroda BNP Paribas Corporate Bond Fund | ₹275 Cr | 0.50% | 5.6% | 6.9% | 6.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The fund generates regular and stable income by investing predominantly in bonds issued by corporates. The scheme will invest in bonds which are rated AA+/ AAA by credit rating agencies.
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 months2.82% absolute | ₹60,000 | ₹61,692 | 2.82% | |
| 1 year4.19% annualised | ₹1,20,000 | ₹1,22,759 | 2.30% | |
| 3 years6.69% annualised | ₹3,60,000 | ₹3,99,663 | 11.02% | |
| 5 years5.69% annualised | ₹6,00,000 | ₹6,95,452 | 15.91% |
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.
What is the NAV of Invesco India Corporate Bond Fund?
The NAV of Invesco India Corporate Bond Fund is ₹3,357.75 as on 25 Sep 2026.
What is the expense ratio of Invesco India Corporate Bond Fund?
The expense ratio of Invesco India Corporate Bond Fund is 0.69% per year.
What is the minimum SIP amount for Invesco India Corporate Bond Fund?
You can start a SIP in Invesco India Corporate Bond Fund with ₹3,000 a month.
What returns has Invesco India Corporate Bond Fund given?
Invesco India Corporate Bond Fund has returned 3.9% over 1 year, 5.9% over 3 years and 6.2% over 5 years (annualised).
Is there a lock-in or exit load on Invesco India Corporate Bond Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 90 days.
How risky is Invesco India Corporate Bond Fund?
Invesco India Corporate Bond Fund is rated Moderate on the SEBI riskometer and belongs to the Corporate Bond category.
Which fund house manages Invesco India Corporate Bond Fund?
Invesco India Corporate Bond Fund is managed by Invesco Mutual Fund, which runs 44 schemes with ₹1,46,718 Cr under management.