September 24, 2025
RA Jainee
Invesco India Consumption Fund
Invesco India Consumption Fund snapshot
| NFO opens on | 03 October 2025 |
| NFO Closes on | 17 October 2025 |
| Min. Investment | Rs. 1000 |
| Plans | Growth, IDCW |
| Sahifund Verdict | This NFO may suit investors with a high risk appetite and 5+ year horizon, who are comfortable with all-cap, thematic equity exposure. Conservative investors or those seeking proven performance may be better served with established Flexicap funds. |
⏱️ Last Update: 26 September 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Invesco India Consumption Fund Open Date, Close Date?
NFO opens on October 03, 2025
NFO will close on October 17, 2025
Investment Strategy for this NFO?
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments of companies benefitting from consumption theme.
Basic Details
| Fund House | Invesco Mutual Fund |
| Issue Open | 03 October 2025 |
| Issue Close | 17 October 2025 |
| Type | Open-ended |
| Category | Equity: Thematic-Consumption |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 3 months |
| Riskometer | Very High |
| Benchmark | NIFTY India Consumption TRI |
About Benchmark Index for this NFO?
The Nifty India Consumption Index is designed to reflect the behaviour and performance of a diversified portfolio of companies representing the domestic consumption sector which includes sectors like Consumer Non-durables, Healthcare, Auto, Telecom Services, Pharmaceuticals, Hotels, Media & Entertainment, etc. The Nifty India Consumption Index comprises of 30 companies listed on the National Stock Exchange (NSE).
At the time of rebalancing of shares/ change in index constituents/ change in investible weight factors (IWFs), the weightage of the index constituent (where applicable) is capped at 10%. Nifty India Consumption Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty India Consumption Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float MCap |
| No. of Constituents | 30 |
| Launch Date | July 12, 2011 |
| Base Date | January 02, 2006 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Invesco India Consumption Fund
1) Amit Ganatra
Education: Mr. Ganatra holds a Commerce degree and is a Charted Accountant. He is also a Chartered Financial Analyst from AIMR.
Experience: Prior to joining Invesco Asset Management (India) Pvt. Ltd., he has worked with HDFC Mutual Fund, DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.
2) Manish Poddar
Education: B.M.S. (Finance), PGDM (Finance), CFA (Cleared level II) – CFA Institute, USA
Experience: Prior to joining the Invesco MF, he was associated with Oswal Asset Management Company Ltd, Nippon India AIF Management Limited
AMC
Invesco Asset Management (India) Pvt. Ltd
Address: 2101 – A-A Wing – 21st Floor, Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai – 400013
Website: http://www.invescomutualfund.com
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Invesco India Consumption Fund @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY India Consumption TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 1.83 | 6.13 | -0.15 | 19.01 | 13.50 |
| Total Return | 2.22 | 7.10 | 0.87 | 20.34 | 14.86 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 15.00 | 14.02 | 18.90 |
| Beta (NIFTY 50) | 0.95 | 0.79 | 0.80 |
| Correlation (NIFTY 50) | 0.84 | 0.82 | 0.90 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 41.18 | 8.17 | 1.11 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| ITC Ltd. | 9.60 |
| Bharti Airtel Ltd. | 9.37 |
| Mahindra & Mahindra Ltd. | 8.49 |
| Hindustan Unilever Ltd. | 7.09 |
| Eternal Ltd. | 6.55 |
| Maruti Suzuki India Ltd. | 5.83 |
| Titan Company Ltd. | 4.49 |
| Trent Ltd. | 3.53 |
| Asian Paints Ltd. | 3.42 |
| InterGlobe Aviation Ltd. | 3.33 |
Study about Benchmark Index in details
Past Performance of Amit Ganatra
| Fund | Invesco India Large & Mid Cap Fund | It’s Benchmark | Invesco India Balanced Advantage Fund | It’s Benchmark |
| 1 Year | 7.01 | -0.43 | 2.40 | 1.01 |
| 3 Year | 25.48 | 15.66 | 13.24 | 13.35 |
| 5 Year | 23.94 | 20.12 | 13.00 | 15.22 |
| 7 Year | 17.33 | 14.43 | 9.63 | 11.93 |
| 10 Year | 16.33 | 14.38 | 9.66 | 11.63 |
As on 19-9-2025
Past Performance of Manish Poddar
| Fund | Invesco India Multicap Fund | It’s Benchmark |
| 1 Year | -4.10 | -2.16 |
| 3 Year | 18.82 | 19.49 |
| 5 Year | 22.07 | — |
| 7 Year | 15.15 | — |
| 10 Year | 14.40 | — |
As on 19-9-2025
[B] Review of Fund Managers
Amit Ganatra
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Background: Mr. Ganatra holds a Commerce degree and is a Charted Accountant. He is also a Chartered Financial Analyst from AIMR., Prior to joining Invesco Asset Management (India) Pvt. Ltd., he has worked with HDFC Mutual Fund, DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.
Manish Poddar
-
Background: B.M.S. (Finance), PGDM (Finance), CFA (Cleared level II) – CFA Institute, USA, Prior to joining the Invesco MF, he was associated with Oswal Asset Management Company Ltd, Nippon India AIF Management Limited
Sahifund Verdict
The Invesco India Consumption Fund offers exposure to India’s long-term consumption story, spanning FMCG, autos, telecom, healthcare, lifestyle, and discretionary sectors. While the theme is compelling with rising income levels and demographic advantage, investors must note that the Nifty India Consumption Index trades at steep valuations (P/E above 40), which increases near-term risk.
The fund’s success will depend on the manager’s ability to actively overweight high-growth segments like autos, telecom, aviation, and consumer durables while tactically reducing exposure to expensive FMCG counters.
Manish Poddar’s experience in multi-cap strategies will be tested in balancing structural bets with tactical calls.
This NFO is suitable for high-risk, long-term investors (5+ years) who can ride out volatility. Conservative investors may prefer diversified flexicap funds with proven track records.
Peer Comparison (?)
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Invesco India Consumption Fund NFO?
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