Invesco India Manufacturing Fund
Thematic-ManufacturingVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹11.89+1.54%1 day
- Return since launch
- 7.0%
- 52-week range
- ₹9.08 — ₹12.01
- AUM
- ₹717 Cr
Invesco India Manufacturing Fund is a Thematic-Manufacturing equity fund from Invesco Mutual Fund with ₹717 Cr under management, launched in 2024. The expense ratio is 2.57% and the SEBI riskometer reading is Very High.
Performance
Invesco India Manufacturing Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +18.2% against +4.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 25.4% | +16.7 pts | 8.7% | 7.2% |
| 2Y | 15.6% | +4.8 pts | 10.8% | 7.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.6% | −0.6 pts | 4.2% | 4.5% |
| 3M | 0.6% | +3.4 pts | -2.8% | -3.5% |
| 6M | 12.6% | +8.6 pts | 4.0% | 3.2% |
| 1Y | 18.2% | +9.5 pts | 8.7% | 4.5% |
| 2Y | 7.8% | +1.5 pts | 6.3% | 4.5% |
Since launch (25 Jul 2024): 7.0%
Calendar-year returns
Category average-6.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -6.0% | −11.3 pts | 5.3% |
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
2.54%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.03%
- Brokerage
- 0.07%
- Transaction charges
- 0.00%
- Statutory levies
- 0.44%
- Exit load
- Exit load of 0.50%, if redeemed within 3 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty India Manufacturing TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Invesco India Manufacturing Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity93.1%
- Other6.9%
Market cap split
- Large40.1%
- Mid12.3%
- Small47.6%
- P/E
- 44.85
- P/B
- 6.07
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 6.93% | ₹50.76 Cr | -0.32% | -1.26% | +1.18% |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 4.01% | ₹29.40 Cr | +3.94% | +1.73% | — |
| Divi's Laboratories Ltd. | Healthcare | 3.85% | ₹28.21 Cr | +3.30% | +3.73% | +3.24% |
| TVS Motor Company Ltd. | Automobile | 3.56% | ₹26.10 Cr | +2.62% | +3.37% | +3.70% |
| INDO-MIM Ltd. | Capital Goods | 3.51% | ₹25.70 Cr | — | — | — |
| Dhoot Transmission Ltd. | Capital Goods | 3.50% | ₹25.64 Cr | — | — | — |
| Eicher Motors Ltd. | Automobile | 3.23% | ₹23.65 Cr | +2.74% | +1.23% | — |
| Bansal Wire Industries Ltd. | Metals & Mining | 3.16% | ₹23.12 Cr | +3.98% | +1.79% | +1.61% |
| Sai Life Sciences Ltd. | Healthcare | 2.92% | ₹21.34 Cr | +2.48% | +2.33% | +0.66% |
| Craftsman Automation Ltd. | Automobile | 2.87% | ₹21.00 Cr | +2.48% | +2.41% | — |
| Gabriel India Ltd. | Automobile | 2.86% | ₹20.91 Cr | +1.77% | +1.02% | — |
| Bajaj Auto Ltd. | Automobile | 2.57% | ₹18.80 Cr | — | — | — |
| Aditya Infotech Ltd. | Communication | 2.55% | ₹18.66 Cr | +2.54% | +1.98% | — |
| Belrise Industries Ltd. | Automobile | 2.54% | ₹18.57 Cr | — | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 2.47% | ₹18.09 Cr | +5.99% | +6.57% | +4.18% |
| Hindustan Aeronautics Ltd. | Capital Goods | 2.46% | ₹18.00 Cr | +2.42% | +2.27% | +2.62% |
| Tenneco Clean Air India Ltd | Automobile | 2.44% | ₹17.84 Cr | +2.44% | +3.06% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.39% | ₹17.47 Cr | +2.55% | +2.52% | — |
| Tata Motors Ltd. | Automobile | 2.34% | ₹17.17 Cr | +2.55% | +2.18% | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | 2.26% | ₹16.54 Cr | +2.89% | +3.14% | +1.01% |
| JK Cement Ltd. | Materials | 2.25% | ₹16.49 Cr | +2.44% | +3.21% | +3.34% |
| SPR Auto Technologies Ltd. | Automobile | 2.14% | ₹15.69 Cr | — | — | — |
| Cipla Ltd. | Healthcare | 2.04% | ₹14.92 Cr | +2.91% | +2.55% | +4.06% |
| Grasim Industries Ltd. | Materials | 2.00% | ₹14.63 Cr | +2.45% | +2.41% | +2.08% |
| ABB India Ltd. | Capital Goods | 1.98% | ₹14.49 Cr | +1.91% | +2.49% | +1.73% |
| Grindwell Norton Ltd. | Metals & Mining | 1.79% | ₹13.12 Cr | +2.04% | +1.01% | +0.73% |
| Bharat Dynamics Ltd. | Capital Goods | 1.70% | ₹12.46 Cr | — | — | — |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.69% | ₹12.36 Cr | +1.66% | +2.15% | +1.12% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 1.57% | ₹11.51 Cr | +1.84% | +1.80% | +1.78% |
| Foseco India Ltd. | Chemicals | 1.56% | ₹11.40 Cr | — | — | — |
| Samvardhana Motherson International Ltd. | Automobile | 1.50% | ₹10.98 Cr | +1.17% | +0.99% | +1.03% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.49% | ₹10.91 Cr | +1.50% | +1.64% | — |
| Hindalco Industries Ltd. | Metals & Mining | 1.42% | ₹10.42 Cr | +1.95% | +2.06% | — |
| Orient Cables (India) Ltd. | Capital Goods | 1.37% | ₹10.00 Cr | — | — | — |
| Honeywell Automation India Ltd. | Capital Goods | 1.32% | ₹9.68 Cr | +1.65% | +0.89% | +0.92% |
| Ceat Ltd. | Automobile | 1.27% | ₹9.30 Cr | +1.17% | +1.54% | — |
| Innova Captab Ltd. | Healthcare | 1.27% | ₹9.26 Cr | +1.12% | +0.94% | +0.88% |
| Blue Star Ltd. | Consumer Discretionary | 1.25% | ₹9.12 Cr | +1.14% | +1.27% | +1.11% |
| Timken India Ltd. | Capital Goods | 1.25% | ₹9.19 Cr | +0.96% | +1.06% | +1.64% |
| PG Electroplast Ltd. | Capital Goods | 1.24% | ₹9.11 Cr | +1.41% | +1.49% | — |
| Polycab India Ltd. | Capital Goods | 1.01% | ₹7.37 Cr | +3.59% | +3.05% | +1.98% |
| Shaily Engineering Plastics Ltd. | Materials | 0.98% | ₹7.19 Cr | — | — | — |
| Aether Industries Ltd. | Chemicals | 0.93% | ₹6.84 Cr | +0.95% | +0.92% | +0.56% |
| Dixon Technologies (India) Ltd. | Capital Goods | 0.92% | ₹6.74 Cr | +1.27% | +2.49% | +2.80% |
| Hitachi Energy India Ltd. | Capital Goods | 0.86% | ₹6.33 Cr | +1.64% | +2.04% | +2.14% |
| Ather Energy Ltd. | Automobile | 0.78% | ₹5.72 Cr | +1.05% | +2.12% | +0.22% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 1.45% | 6.56% | +5.11% |
| Mahindra & Mahindra Ltd. | 5.23% | 2.47% | -2.76% |
| Ashok Leyland Ltd. | 2.20% | 0.00% | -2.20% |
| SPR Auto Technologies Ltd. | 0.30% | 2.14% | +1.84% |
| Orient Cables (India) Ltd. | 0.00% | 1.37% | +1.37% |
| INDO-MIM Ltd. | 2.39% | 3.51% | +1.12% |
| Escorts Kubota Ltd. | 0.94% | 0.00% | -0.94% |
| Kei Industries Ltd. | 0.85% | 0.00% | -0.85% |
| Tata Motors Ltd. | 3.07% | 2.34% | -0.73% |
| SEDEMAC Mechatronics Ltd. | 3.43% | 4.01% | +0.58% |
| Cipla Ltd. | 2.58% | 2.04% | -0.54% |
| Grasim Industries Ltd. | 2.45% | 2.00% | -0.45% |
| Aditya Infotech Ltd. | 2.28% | 2.55% | +0.27% |
| Eicher Motors Ltd. | 3.47% | 3.23% | -0.24% |
| Amber Enterprises India Ltd. | 2.49% | 2.26% | -0.23% |
| Sai Life Sciences Ltd. | 2.70% | 2.92% | +0.22% |
| APL Apollo Tubes Ltd. | 1.90% | 1.69% | -0.21% |
| Bajaj Auto Ltd. | 2.77% | 2.57% | -0.20% |
| Bharat Dynamics Ltd. | 1.89% | 1.70% | -0.19% |
| ABB India Ltd. | 2.16% | 1.98% | -0.18% |
| PG Electroplast Ltd. | 1.42% | 1.24% | -0.18% |
| Belrise Industries Ltd. | 2.37% | 2.54% | +0.17% |
| Dhoot Transmission Ltd. | 3.35% | 3.50% | +0.15% |
| Innova Captab Ltd. | 1.14% | 1.27% | +0.13% |
| Ather Energy Ltd. | 0.91% | 0.78% | -0.13% |
| Polycab India Ltd. | 1.14% | 1.01% | -0.13% |
| Sun Pharmaceutical Industries Ltd. | 2.52% | 2.39% | -0.13% |
| Bansal Wire Industries Ltd. | 3.27% | 3.16% | -0.11% |
| Craftsman Automation Ltd. | 2.98% | 2.87% | -0.11% |
| Gabriel India Ltd. | 2.96% | 2.86% | -0.10% |
| Blue Star Ltd. | 1.16% | 1.25% | +0.09% |
| Dixon Technologies (India) Ltd. | 1.01% | 0.92% | -0.09% |
| TVS Motor Company Ltd. | 3.64% | 3.56% | -0.08% |
| Divi's Laboratories Ltd. | 3.79% | 3.85% | +0.06% |
| Foseco India Ltd. | 1.50% | 1.56% | +0.06% |
| Hindalco Industries Ltd. | 1.48% | 1.42% | -0.06% |
| Hitachi Energy India Ltd. | 0.92% | 0.86% | -0.06% |
| company:20133 | 0.06% | 0.00% | -0.06% |
| CG Power and Industrial Solutions Ltd. | 1.63% | 1.57% | -0.06% |
| JK Cement Ltd. | 2.20% | 2.25% | +0.05% |
| Honeywell Automation India Ltd. | 1.36% | 1.32% | -0.04% |
| Aether Industries Ltd. | 0.90% | 0.93% | +0.03% |
| Grindwell Norton Ltd. | 1.76% | 1.79% | +0.03% |
| Shaily Engineering Plastics Ltd. | 1.01% | 0.98% | -0.03% |
| Timken India Ltd. | 1.22% | 1.25% | +0.03% |
| Torrent Pharmaceuticals Ltd. | 1.52% | 1.49% | -0.03% |
| Ceat Ltd. | 1.29% | 1.27% | -0.02% |
| Hindustan Aeronautics Ltd. | 2.44% | 2.46% | +0.02% |
| Tenneco Clean Air India Ltd | 2.45% | 2.44% | -0.01% |
| Samvardhana Motherson International Ltd. | 1.51% | 1.50% | -0.01% |
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 | ₹2,328 Cr | 1.61% | 10.6% | 11.1% | 16.6% |
 ICICI Prudential Manufacturing Fund | ₹6,918 Cr | 2.08% | 6.1% | 8.7% | 16.4% |
 Kotak Manufacture in India Fund | ₹3,132 Cr | 2.07% | 17.8% | 14.1% | — |
 Aditya Birla Sun Life Manufacturing Equity Fund | ₹1,386 Cr | 2.32% | 17.6% | 14.2% | 16.8% |
 Mirae Asset Nifty India Manufacturing ETF FoF | ₹122 Cr | 0.43% | 5.5% | 9.2% | — |
 Navi Nifty India Manufacturing Index Fund | ₹83.12 Cr | 1.16% | 5.8% | 9.2% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate capital appreciation from a diversified portfolio of Equity and Equity Related Instruments of companies following the manufacturing theme.
Fund managers
- Nikhil KaleB.Sc. (Biotechnology), MBA Finance and CFAPrior joining the Invesco MF, he was associated with Axis Capital Ltd, Edelweiss Securities Ltd, CRISIL GR & A, Evalueserve.com Pvt. Ltd.
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 months12.60% absolute | ₹60,000 | ₹67,560 | 12.60% | |
| 1 year18.19% annualised | ₹1,20,000 | ₹1,32,506 | 10.42% |
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 Manufacturing Fund?
The NAV of Invesco India Manufacturing Fund is ₹11.89 as on 9 Nov 2026.
What is the expense ratio of Invesco India Manufacturing Fund?
The expense ratio of Invesco India Manufacturing Fund is 2.57% per year.
What is the minimum SIP amount for Invesco India Manufacturing Fund?
You can start a SIP in Invesco India Manufacturing Fund with ₹3,000 a month.
Is there a lock-in or exit load on Invesco India Manufacturing Fund?
Lock-in: None. Exit load: Exit load of 0.50%, if redeemed within 3 months..
How risky is Invesco India Manufacturing Fund?
Invesco India Manufacturing Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-Manufacturing category.
Which fund house manages Invesco India Manufacturing Fund?
Invesco India Manufacturing Fund is managed by Invesco Mutual Fund, which runs 46 schemes with ₹1,65,375 Cr under management.