Invesco India Manufacturing Fund
Thematic-ManufacturingVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹11.84+0.34%1 day
- Return since launch
- 8.0%
- 52-week range
- ₹9.08 — ₹12.01
- AUM
- ₹758 Cr
Invesco India Manufacturing Fund is a Thematic-Manufacturing equity fund from Invesco Mutual Fund with ₹758 Cr under management, launched in 2024. The expense ratio is 2.55% 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 +16.1% against +7.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 28.9% | +17.6 pts | 11.3% | 9.2% |
| 2Y | 16.5% | +4.8 pts | 11.7% | 8.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.9% | +1.5 pts | -2.4% | -2.8% |
| 3M | 7.9% | +5.0 pts | 2.9% | 2.7% |
| 6M | 27.4% | +9.6 pts | 17.9% | 15.0% |
| 1Y | 16.1% | +4.8 pts | 11.3% | 7.5% |
| 2Y | 5.4% | +3.0 pts | 2.5% | 0.5% |
Since launch (25 Jul 2024): 8.0%
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
2.56%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.03%
- Brokerage
- 0.08%
- Transaction charges
- 0.00%
- Statutory levies
- 0.45%
- 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 31 Aug 2026
Asset allocation
- Equity98.0%
- Other2.0%
Market cap split
- Large43.2%
- Mid14.8%
- Small41.9%
- P/E
- 44.66
- P/B
- 6.21
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Mahindra & Mahindra Ltd. | Automobile | 5.23% | ₹39.65 Cr | +6.15% | +5.09% | +4.13% |
| Divi's Laboratories Ltd. | Healthcare | 3.79% | ₹28.74 Cr | +3.46% | +3.21% | +3.48% |
| TVS Motor Company Ltd. | Automobile | 3.64% | ₹27.60 Cr | +2.63% | +3.89% | +4.25% |
| Eicher Motors Ltd. | Automobile | 3.47% | ₹26.30 Cr | +2.88% | — | — |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 3.43% | ₹25.99 Cr | +3.02% | — | — |
| company:20770 | Capital Goods | 3.35% | ₹25.40 Cr | — | — | — |
| Bansal Wire Industries Ltd. | Metals & Mining | 3.27% | ₹24.78 Cr | +2.37% | +1.77% | +1.69% |
| Tata Motors Ltd. | Automobile | 3.07% | ₹23.28 Cr | +2.01% | +2.10% | — |
| Craftsman Automation Ltd. | Automobile | 2.98% | ₹22.57 Cr | +2.46% | +2.19% | — |
| Gabriel India Ltd. | Automobile | 2.96% | ₹22.40 Cr | +1.63% | +0.49% | — |
| Bajaj Auto Ltd. | Automobile | 2.77% | ₹20.97 Cr | — | — | +2.96% |
| Sai Life Sciences Ltd. | Healthcare | 2.70% | ₹20.44 Cr | +2.41% | +2.03% | — |
| Cipla Ltd. | Healthcare | 2.58% | ₹19.55 Cr | +2.88% | +2.97% | +4.28% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.52% | ₹19.09 Cr | +2.55% | — | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | 2.49% | ₹18.89 Cr | +3.02% | +2.91% | — |
| Grasim Industries Ltd. | Materials | 2.45% | ₹18.59 Cr | +2.55% | +2.24% | +2.09% |
| Tenneco Clean Air India Ltd | Automobile | 2.45% | ₹18.58 Cr | +2.67% | +2.99% | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 2.44% | ₹18.52 Cr | +2.26% | +2.44% | +1.46% |
| INDO-MIM Ltd. | Capital Goods | 2.39% | ₹18.11 Cr | — | — | — |
| Belrise Industries Ltd. | Automobile | 2.37% | ₹17.95 Cr | — | — | — |
| Aditya Infotech Ltd. | Communication | 2.28% | ₹17.30 Cr | +2.21% | +1.74% | — |
| Ashok Leyland Ltd. | Automobile | 2.20% | ₹16.69 Cr | +1.50% | +1.98% | — |
| JK Cement Ltd. | Materials | 2.20% | ₹16.67 Cr | +2.55% | +3.20% | +3.67% |
| ABB India Ltd. | Capital Goods | 2.16% | ₹16.33 Cr | +1.84% | +2.29% | +1.67% |
| Others | Others | 1.99% | ₹15.12 Cr | -0.48% | +1.90% | -0.24% |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.90% | ₹14.38 Cr | +1.76% | +1.67% | +1.06% |
| company:15154 | Capital Goods | 1.89% | ₹14.31 Cr | — | — | — |
| Grindwell Norton Ltd. | Metals & Mining | 1.76% | ₹13.31 Cr | +1.58% | +1.05% | +0.72% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 1.63% | ₹12.34 Cr | +2.18% | +1.40% | +1.40% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.52% | ₹11.51 Cr | +1.49% | +2.07% | — |
| Samvardhana Motherson International Ltd. | Automobile | 1.51% | ₹11.48 Cr | +1.19% | +2.28% | — |
| company:1151 | Chemicals | 1.50% | ₹11.34 Cr | — | — | — |
| Hindalco Industries Ltd. | Metals & Mining | 1.48% | ₹11.24 Cr | +2.69% | — | — |
| PG Electroplast Ltd. | Capital Goods | 1.42% | ₹10.73 Cr | +1.32% | — | — |
| Honeywell Automation India Ltd. | Capital Goods | 1.36% | ₹10.28 Cr | +1.32% | +0.89% | +0.99% |
| Ceat Ltd. | Automobile | 1.29% | ₹9.75 Cr | +1.12% | +0.95% | — |
| Timken India Ltd. | Capital Goods | 1.22% | ₹9.23 Cr | +1.03% | — | +1.57% |
| Blue Star Ltd. | Consumer Discretionary | 1.16% | ₹8.79 Cr | +1.15% | +1.29% | +1.11% |
| Innova Captab Ltd. | Healthcare | 1.14% | ₹8.61 Cr | +1.01% | +0.77% | +0.92% |
| Polycab India Ltd. | Capital Goods | 1.14% | ₹8.67 Cr | +3.66% | +3.78% | +1.92% |
| Dixon Technologies (India) Ltd. | Capital Goods | 1.01% | ₹7.64 Cr | +1.27% | +1.83% | +3.09% |
| Shaily Engineering Plastics Ltd. | Materials | 1.01% | ₹7.68 Cr | — | — | — |
| Escorts Kubota Ltd. | Automobile | 0.94% | ₹7.10 Cr | — | — | — |
| Hitachi Energy India Ltd. | Capital Goods | 0.92% | ₹6.98 Cr | +2.37% | +2.58% | +2.27% |
| Ather Energy Ltd. | Automobile | 0.91% | ₹6.89 Cr | +1.02% | +3.37% | — |
| Aether Industries Ltd. | Chemicals | 0.90% | ₹6.81 Cr | +0.80% | +0.81% | +0.55% |
| Kei Industries Ltd. | Capital Goods | 0.85% | ₹6.42 Cr | +2.00% | +2.15% | — |
| company:5764 | Automobile | 0.30% | ₹2.31 Cr | — | — | — |
| TVS Motor Company Ltd - Pref. Shares | Automobile | 0.06% | ₹0.43 Cr | +0.06% | +0.06% | +0.05% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:20770 | 0.00% | 3.35% | +3.35% |
| Bharat Electronics Ltd. | 2.76% | 0.00% | -2.76% |
| company:15154 | 0.00% | 1.89% | +1.89% |
| company:1151 | 0.00% | 1.50% | +1.50% |
| Mahindra & Mahindra Ltd. | 6.69% | 5.23% | -1.46% |
| Others | 0.10% | 1.45% | +1.35% |
| Schaeffler India Ltd. | 0.96% | 0.00% | -0.96% |
| Safari Industries (India) Ltd. | 0.69% | 0.00% | -0.69% |
| Polycab India Ltd. | 1.74% | 1.14% | -0.60% |
| Hitachi Energy India Ltd. | 1.47% | 0.92% | -0.55% |
| Dixon Technologies (India) Ltd. | 1.45% | 1.01% | -0.44% |
| Divi's Laboratories Ltd. | 3.40% | 3.79% | +0.39% |
| company:5764 | 0.00% | 0.30% | +0.30% |
| SEDEMAC Mechatronics Ltd. | 3.14% | 3.43% | +0.29% |
| Amber Enterprises India Ltd. | 2.77% | 2.49% | -0.28% |
| APL Apollo Tubes Ltd. | 1.64% | 1.90% | +0.26% |
| Cipla Ltd. | 2.84% | 2.58% | -0.26% |
| JK Cement Ltd. | 2.46% | 2.20% | -0.26% |
| Tata Motors Ltd. | 2.81% | 3.07% | +0.26% |
| Ashok Leyland Ltd. | 1.95% | 2.20% | +0.25% |
| Bajaj Auto Ltd. | 2.52% | 2.77% | +0.25% |
| Blue Star Ltd. | 1.40% | 1.16% | -0.24% |
| ABB India Ltd. | 1.93% | 2.16% | +0.23% |
| Craftsman Automation Ltd. | 2.77% | 2.98% | +0.21% |
| Kei Industries Ltd. | 1.03% | 0.85% | -0.18% |
| Grindwell Norton Ltd. | 1.94% | 1.76% | -0.18% |
| Honeywell Automation India Ltd. | 1.54% | 1.36% | -0.18% |
| Belrise Industries Ltd. | 2.54% | 2.37% | -0.17% |
| Ceat Ltd. | 1.12% | 1.29% | +0.17% |
| Gabriel India Ltd. | 3.12% | 2.96% | -0.16% |
| INDO-MIM Ltd. | 2.23% | 2.39% | +0.16% |
| PG Electroplast Ltd. | 1.57% | 1.42% | -0.15% |
| Aether Industries Ltd. | 1.05% | 0.90% | -0.15% |
| Bansal Wire Industries Ltd. | 3.42% | 3.27% | -0.15% |
| Sai Life Sciences Ltd. | 2.56% | 2.70% | +0.14% |
| Sun Pharmaceutical Industries Ltd. | 2.66% | 2.52% | -0.14% |
| Samvardhana Motherson International Ltd. | 1.41% | 1.51% | +0.10% |
| Torrent Pharmaceuticals Ltd. | 1.62% | 1.52% | -0.10% |
| Escorts Kubota Ltd. | 1.02% | 0.94% | -0.08% |
| TVS Motor Company Ltd. | 3.56% | 3.64% | +0.08% |
| Grasim Industries Ltd. | 2.38% | 2.45% | +0.07% |
| Tenneco Clean Air India Ltd | 2.38% | 2.45% | +0.07% |
| Timken India Ltd. | 1.28% | 1.22% | -0.06% |
| Innova Captab Ltd. | 1.08% | 1.14% | +0.06% |
| Hindustan Aeronautics Ltd. | 2.49% | 2.44% | -0.05% |
| Ather Energy Ltd. | 0.94% | 0.91% | -0.03% |
| Hindalco Industries Ltd. | 1.50% | 1.48% | -0.02% |
| Aditya Infotech Ltd. | 2.29% | 2.28% | -0.01% |
| Eicher Motors Ltd. | 3.46% | 3.47% | +0.01% |
| Shaily Engineering Plastics Ltd. | 1.00% | 1.01% | +0.01% |
| CG Power and Industrial Solutions Ltd. | 1.62% | 1.63% | +0.01% |
| TVS Motor Company Ltd - Pref. Shares | 0.06% | 0.06% | 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 | ₹2,384 Cr | 1.63% | 14.7% | 13.0% | 18.5% |
 ICICI Prudential Manufacturing Fund | ₹7,175 Cr | 2.14% | 9.7% | 10.9% | 18.0% |
 Kotak Manufacture in India Fund | ₹3,127 Cr | 2.08% | 22.5% | 15.8% | — |
 Aditya Birla Sun Life Manufacturing Equity Fund | ₹1,402 Cr | 2.32% | 30.4% | 18.1% | 19.1% |
 Mirae Asset Nifty India Manufacturing ETF FoF | ₹129 Cr | 0.44% | 5.4% | 10.1% | — |
 Navi Nifty India Manufacturing Index Fund | ₹86.53 Cr | 1.15% | 5.5% | 10.0% | — |
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 months27.45% absolute | ₹60,000 | ₹76,470 | 27.45% | |
| 1 year16.08% annualised | ₹1,20,000 | ₹1,30,983 | 9.15% |
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 ₹11.84 as on 25 Sep 2026.
What is the expense ratio of Invesco India Manufacturing Fund?
The expense ratio of Invesco India Manufacturing Fund is 2.55% 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 44 schemes with ₹1,46,718 Cr under management.