Invesco is a US-based fund house operating in more than 25 countries, managing $1.35 trillion in assets globally (as of January 31, 2021) with investments across a comprehensive range of asset classes, strategies and geographies catering to retail, institutional and high net-worth clients around the world. It undertakes operations in asset management, real estate, and private equity investment activities.
Invesco has more than 8,000 employees worldwide spread over 25 countries such as Australia, Canada, China, Europe, Hong Kong, India, Japan, Korea, Singapore, Taiwan and the United States etc.
The company entered the Indian market in 2013 in partnership with Religare Securities Ltd. – they came together to form Religare Invesco Asset Management Co. Ltd. in which Invesco owned a 49% stake.But in 2016, Invesco bought the entire company and named it Invesco Mutual Fund. The company is technically a trust set up under the Indian Trusts Act, 1882 and registered with SEBI. As of February 28, 2023, Invesco held an AUM of ₹45,877 crores.
On 30th March, 2022, Invesco Mutual Funds launched its latest NFO named Invesco EQQQ NASDAQ-100 ETF Fund of Funds which is an open-ended FoF scheme. It was also in the news last year for selling off its stake in Zee Entertainment, causing a major fall in its stock price.
| AMC Setup date | July 24, 2006 |
| AMC Incorporation date | May 20, 2005 |
| Headquarters (India) | Mumbai |
| Name of the sponsors | Invesco Hong Kong Ltd. |
| Chairman | Mr.V.K.Chopra |
| MD and CEO | Mr. Saurabh Nanavati |
| Chief Investment Officer | Mr. Taher Badshah |
| Compliance Officer | Mr. Suresh Jakhotia |
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Taher Badshah
Fund Manager since Apr 2022 (2 years)
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Taher Badshah did his MBA in Finance. Previously, he was the Sr. Fund Manager at Motilal Oswal Asset Management. Later he joined Invesco Mutual Fund as President and Chief Investment Officer.
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Dhimant Kothari
Fund Manager since Nov 2010 (14 years)
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Mr. Kothari is currently serving as Fund Manager at Invesco Asset Management. Before this, he worked as a Senior Manager - Research with Credit Analysis & Research Ltd. Before that, he worked at Lotus India Asset Management and CRISIL Ltd. He is a Chartered Accountant and holds a Commerce degree.
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Amit Nigam
Fund Manager since Feb 2019 (5 years)
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Mr. Nigam got his Bachelor’s degree from IIT, Roorkee and PGDBM from IIM, Indore. Before joining Invesco Mutual Fund, he worked at Essel Finance AMC Ltd., BNP Paribas Asset Management India Pvt. Ltd. and SBI Mutual Fund.
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Pranav Gokhale
Fund Manager since Mar 2018 (6 years)
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Mr. Gokhale has over 10 years of experience in Indian equity markets and is currently serving as a Fund Manager at Invesco Mutual Fund. Before joining Invesco, he had worked with IL&FS as Assistant Manager - Senior Equity Analyst, with ICICI Direct as Assistant Manager – Research, at International Ship Repair LLC Fujairah as Senior Financial Officer and at Rosy Blue Securities. Pranav is a Chartered Accountant and has also done an M.Com from Mumbai University.
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Amit Ganatra
Fund Manager since Jan 2017 (7 years)
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Mr. Ganatra currently works as a Head of Equities at Invesco. Before this, he worked as a Senior Fund Manager at HDFC AMC. Earlier, and as a research analyst with DBS Cholamandalam Mutual Fund. He is a Chartered Financial Analyst from AIMR.
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Nitin Gosar
Fund Manager since Feb 2023 (1 year)
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Mr. Gosar is currently serving as ‘Fund Manager’ at Bank of India Mutual Fund. Before this, he was working at Invesco Asset Management (India) Pvt Ltd. He also worked with Batlivala & Karani Securities, SKP Securities and NDA Securities. Nitin holds a BMS degree and a Master's degree in Finance from ICFAI.
Investing in the Invesco Mutual Fund is a hassle-free process when done through your Angel One account. You just have to follow these steps:
Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN.
Note:In case you do not have an account with Angel One, you can open a demat account with us in under a few minutes by submitting the necessary documents.
Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to do at this stage are:
Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.
Investing in Invesco Mutual Fund through Angel One is now more convenient than ever with our hassle-free and fully digital KYC process. To initiate your investment journey, you’ll need to provide the following essential documents:
At Angel One, we’ve streamlined the KYC verification process, ensuring quick access to Invesco Mutual Funds, whether you’re a new or returning investor. Your financial objectives are now easily achievable through our user-friendly platform. The KYC process typically takes only 48-72 business hours, and you’ll be all set to embark on your mutual fund journey.
The following are some of the best Invesco Mutual Funds available in the market among others –
| Name of the Fund | Sub Category | AUM (₹in crore) | Minimum Investment (₹) | CAGR 3Y (%) | CAGR 5Y (%) |
| Invesco India Infrastructure Fund | Sectoral Fund – Infrastructure | 600.51 | 1,000 | 36.55 | 23.05 |
| Invesco India Smallcap Fund | Small Cap Fund | 2,639.32 | 1,000 | 35.42 | – |
| Invesco India PSU Equity Fund | Thematic Fund | 501.49 | 500 | 33.67 | 20.9 |
| Invesco India Midcap Fund | Mid Cap Fund | 3,426.03 | 1,000 | 27.99 | 20.35 |
| Invesco India Multicap Fund | Multi Cap Fund | 2,695.17 | 1,000 | 26.72 | 17.1 |
| Invesco India Contra Fund | Contra Fund | 11,178.87 | 1,000 | 24.49 | 16.27 |
| Invesco India Financial Services Fund | Sectoral Fund – Banks & Financial Services | 547.42 | 100 | 24.35 | 15.2 |
| Invesco India Growth Opp Fund | Large & Mid Cap Fund | 4,072.18 | 300 | 21.71 | 15.24 |
| Invesco India Focused 20 Equity Fund | Focused Fund | 1,724.87 | 500 | 21.62 | – |
| Invesco India Tax Plan | Equity Linked Savings Scheme (ELSS) | 2,166.85 | 500 | 20.79 | 14.77 |
**All data as of October 4, 2023.
Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.
This fund focuses on the Infrastructure sector and manages an AUM of ₹600.51 crore. With an expense ratio of 0.95%, it aims to provide investors with a potential for growth. Over the past 3 years, it has shown a CAGR of 36.55%. You can start investing in this fund with a minimum amount of ₹1,000. The fund predominantly invests in companies associated with infrastructure development, such as construction, utilities, and transportation.
An AUM of ₹2,639.32 crore is managed by this Small Cap Fund with an expense ratio of 0.56%. It has delivered a 3-year CAGR of 35.42%. With a minimum investment of ₹1,000, this fund focuses on smaller companies with potential for growth. It primarily invests in small-cap stocks, which have a market capitalisation below the top 250 companies listed on the stock exchange.
This Thematic Fund manages an AUM of ₹501.49 crore, with an expense ratio of 1.18%. Over the past 3 years, it has shown a CAGR of 33.67%. You can invest in this fund with a minimum of ₹500. The fund’s primary focus is on stocks of Public Sector Undertakings (PSUs), which are government-owned companies operating in various sectors.
With an AUM of ₹3,426.03 crore and an expense ratio of 0.62%, this Mid Cap Fund has provided a 3-year CAGR of 27.99%. The minimum investment required is ₹1,000. It primarily invests in mid-cap stocks, which are companies with market capitalisation between small and large-cap stocks.
Managing an AUM of ₹2,695.17 crore with an expense ratio of 0.71%, this Multi Cap Fund has shown a 3-year CAGR of 26.72%. The minimum investment amount is ₹1,000. The fund offers diversification by investing across companies of various market capitalisations.
With an AUM of ₹11,178.87 crore and an expense ratio of 0.56%, this Contra Fund has delivered a 3-year CAGR of 24.49%. You can invest a minimum of ₹1,000. The fund follows a contrarian investment strategy, focusing on stocks that are currently out of favor but have the potential to rebound.
This Sectoral Fund, dedicated to Banks & Financial Services, manages an AUM of ₹547.42 crore. It has an expense ratio of 1.12% and a 3-year CAGR of 24.35%. The minimum investment amount is ₹100. The fund primarily invests in companies within the financial sector.
Managing an AUM of ₹4,072.18 crore with an expense ratio of 0.69%, this Large & Mid Cap Fund has provided a 3-year CAGR of 21.71%. You can start investing with a minimum of ₹300. The fund combines large-cap and mid-cap stocks in its portfolio for potential growth.
This Focused Fund has an AUM of ₹1,724.87 crore and an expense ratio of 0.69%. Over 3 years, it has achieved a CAGR of 21.62%. The minimum investment required is ₹500. The fund concentrates its investments in a focused portfolio of up to 20 stocks.
As an Equity Linked Savings Scheme (ELSS), this fund manages an AUM of ₹2,166.85 crore with an expense ratio of 0.79%. It has delivered a 3-year CAGR of 20.79%. The minimum investment amount is ₹500. This ELSS fund offers tax benefits under Section 80C of the Income Tax Act and primarily invests in equities.
Invesco Mutual Funds is a well-known fund house offering a range of schemes suitable to various investor needs. So, choose one that aligns with your financial goals, risk profile, and investment horizon.
Additionally, evaluate individual mutual fund schemes based on risk, volatility, past performance, expense ratio, etc. on Angel One to make informed investment decisions.
You can redeem your units Invesco MF in two ways - via AMC’s website and Angel One. For the latter route, head to the Mutual Funds section under Angel One App or visit mutual funds.
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