Invesco Mutual Fund: Funds, Returns & How to Invest

Invesco Mutual Fund is a SEBI-registered AMC managing ₹1,67,175.20 crore (approximately ₹1.67 lakh crore) across 41 schemes in India. Backed by its global parent — an independent investment management firm with $1.35 trillion in worldwide assets — it brings international expertise to Indian retail, corporate, and institutional investors. From high-growth small cap equity to near-zero-volatility liquid funds, the product range spans a wide spectrum of risk profiles.

Key takeaways

• Invesco Mutual Fund manages ₹1,67,175.20 crore across 41 schemes and has been operating in India for 20 years.
• The AMC was incorporated on 24 July 2006 and is sponsored by Invesco Hong Kong Ltd.
• Invesco became the sole owner in 2016 after acquiring Religare Securities' 51% stake; prior to that it held a 49% share in the joint venture.
• The global Invesco group, founded in 1935, has over 8,000 employees operating across more than 25 countries.
• Top-ranked equity funds include the Mid Cap Fund (3Y: 22.49%), Large & Mid Cap Fund (3Y: 21.88%), and Small Cap Fund (3Y: 21.71%).

How Invesco Mutual Fund Came to India

Invesco entered India in 2013 by partnering with Religare Securities Ltd. to form Religare Invesco Asset Management Co. Ltd. Under that arrangement, Invesco held a 49% stake while Religare held the remaining 51%. In 2016, Invesco acquired Religare's entire 51% shareholding, assumed full ownership of the entity, and rebranded it as Invesco Mutual Fund.

The AMC is constituted as a trust under the Indian Trusts Act, 1882, and is registered with SEBI under registration code MF/052/06/01 dated 05 May 2006. Its registered office is at B-1001, B Wing, 10th Floor, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai 400013.

Leadership Team

Saurabh Nanavati serves as both CEO and MD, while Taher Badshah is the Chief Investment Officer responsible for investment decisions across the fund range. Mr. Suresh Jakhotiya holds the role of Compliance Officer.

About the Global Invesco Group

Founded in 1935, Invesco is an independent investment management firm dedicated to helping clients achieve their financial objectives. As of 31 January 2021, the group managed $1.35 trillion in assets on behalf of clients worldwide. It employs more than 8,000 people on the ground in over 25 countries, including Australia, Canada, China, Hong Kong, Japan, Korea, Singapore, Taiwan, India, and the United States.

Specialised investment teams manage portfolios across a comprehensive range of asset classes, investment styles, and geographies. The group's activities span asset management, real estate, and private equity, serving retail, institutional, and high-net-worth clients.

Key Fund House Details

The table below summarises the essential facts about Invesco Mutual Fund's structure and leadership.

Top 10 Invesco Mutual Funds Ranked by Invo Wealth

The funds below are ranked by Invo Wealth's internal quality score; the table shows underlying return figures only.

Performance data as of 5 September 2026.

All funds listed are Regular Plan - Growth option. CAGR = compound annual growth rate.

Equity Fund Performance Highlights

Among equity-oriented funds, the Invesco India Mid Cap Fund leads on 3-year returns at 22.49%, with a Sortino ratio of 1.06 and a maximum drawdown of -20.27%. The Large & Mid Cap Fund is close behind at 21.88% over three years (Sortino: 1.05, max drawdown: -19.00%), offering slightly lower volatility at 20.02%.

The Small Cap Fund posted 21.71% over three years and 19.12% over five years, though its higher volatility of 21.63% reflects the inherent risk of the segment. The Focused Fund stands out on a risk-adjusted basis with a Sortino ratio of 1.02 and 3-year returns of 20.85%.

The Infrastructure Fund and PSU Equity Fund are sectoral and thematic options. Both carry higher volatility — 23.32% and 26.83% respectively — and steeper maximum drawdowns, consistent with their concentrated mandates. The PSU Equity Fund's 5-year return of 20.03% reflects the cyclical upswing in public-sector stocks, but its 6-month return of -6.30% underlines the importance of a longer horizon for thematic investing.

Debt and Low-Volatility Options

For capital preservation, the Invesco India Liquid Fund has a near-zero volatility of 0.21% and a maximum drawdown of just -0.01%, with a 1-year return of 6.45%. The Arbitrage Fund is another low-risk choice, delivering 1-year returns of 5.89% with volatility of only 1.19%.

Risk Metrics at a Glance

The table below compares volatility, maximum drawdown, and Sortino ratios across the top 10 funds.

How to Invest in Invesco Mutual Funds

You can invest in Invesco funds directly through the fund house's website using your folio number, or through any SEBI-registered online investment platform or mobile application. Sign up on Invo Wealth to access complete portfolio insights and start investing in mutual funds that match your risk appetite and goals.

To grow your SIP over time, use the step-up (top-up) SIP facility — confirm availability with the fund house first, then use a step-up calculator to model the revised instalments. To cancel a SIP, simply place a Cancel SIP request online through the fund house's portal or the platform where you invested.

Conclusion

Invesco Mutual Fund combines a 20-year track record in India with the resources of a global investment group, offering 41 schemes and ₹1,67,175.20 crore in AUM. Its equity funds have delivered competitive 3-year and 5-year returns, while its liquid and arbitrage options provide stability for conservative allocations. Review the returns and risk metrics above alongside your own investment horizon and risk tolerance before making a decision.