Invesco India Consumption Fund
Direct · GrowthAI Summary
The fund's SIP XIRR data is not available, so a direct like-for-like comparison with category averages (15.91% for 1Y to 19.43% for 10Y) cannot be made. Calendar year returns show 12.12% in 2026 but a decline of 2.59% in 2025, indicating uneven recent performance. Investors should request the fund's XIRR before evaluating it against thematic category peers.
The maximum drawdown of approximately -0.16% with a 144-day duration and 84-day recovery suggests limited severe downside in the measured period, with only one drawdown event exceeding 10%. The average drawdown of roughly -0.04% indicates generally shallow corrections. However, the single large drawdown event highlights that thematic funds can experience meaningful peak-to-trough losses during consumption sector downturns.
The top 10 holdings account for roughly 38.8% of the portfolio across 37 total stocks, indicating moderate concentration with reasonable diversification. Sector exposure is led by Retailing (15.7%), Automobiles (13.5%), and Consumer Durables (11.1%), consistent with the consumption theme. Top positions include Eternal Limited (5.97%), TVS Motor (4.56%), and InterGlobe Aviation (4.32%), blending retail, auto, and travel-related consumption plays.
Without the fund's own XIRR figures, its relative standing against thematic category peers cannot be confirmed, though the category's long-term SIP averages of 17-19% set a demanding benchmark. The negative 2025 return of -2.59% followed by a 12.12% gain in 2026 suggests performance has been inconsistent year to year. A competitive expense ratio of 0.73% for a thematic direct plan supports net returns.
This fund suits investors with a high risk tolerance and a time horizon of at least 5-7 years, as thematic funds are cyclical and can underperform diversified funds for extended periods. It should be treated as a satellite allocation rather than a core holding, ideally limited to 10-15% of an equity portfolio. Investors comfortable with consumption-sector concentration and intermittent drawdowns are the best fit.
- Diversified 37-stock portfolio with the top 10 holdings limited to roughly 38.8% of NAV, avoiding single-stock concentration
- Low maximum drawdown of approximately -0.16% with a recovery in 84 days, indicating contained downside in the observed period
- Competitive expense ratio of 0.73% for a direct thematic plan
- SIP XIRR and rolling return data are unavailable, preventing verification of performance against category averages of 15.91% (1Y) to 19.43% (10Y)
- Negative calendar year return of -2.59% in 2025 and one drawdown event exceeding 10% reflect the volatility inherent in thematic consumption investing
Generated on 05-09-2026, 3:02 AM. Verify before investing.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
Not enough data to compute SIP returns.
Not enough data to compute rolling returns.
| # | Stock | % of NAV |
|---|---|---|
| 1 | Eternal Limited | 5.97% |
| 2 | TVS Motor Company Limited | 4.56% |
| 3 | InterGlobe Aviation Limited | 4.32% |
| 4 | Mahindra & Mahindra Limited | 3.96% |
| 5 | Bharti Airtel Limited | 3.84% |
| 6 | Titan Company Limited | 3.52% |
| 7 | Craftsman Automation Limited | 3.37% |
| 8 | Trent Limited | 3.24% |
| 9 | Sedemac Mechatronics Limited | 3.24% |
| 10 | Eicher Motors Limited | 3.01% |