HealthyDirect · GrowthFit for a long SIP
Invesco India Credit Risk Fund
Invesco Mutual FundIncome/Debt Oriented Schemes - Credit Risk Fund12.1 years
- NAV
- 2,348.3928
- 29 Oct 2026
- 1Y
- +6.9%
- Trailing CAGR
- AUM
- ₹167.37 Cr
- 30 Sept 2026
- Volatility
- Low
- 2.9% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Buy checklist
History depth
Pass
12.1 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.28% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -8.0%. Ask whether you can hold through a similar fall.
Vs category
Fail
38% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 84.4% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.9%
- 3Y+8.8%
- 5Y+8.3%
- 10Y+6.4%
- SI+7.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.3%
- 3Y+8.2%
- 5Y+8.8%
- 10Y+7.3%
- Since inception
- +7.3%
- Calendar-day CAGR
- Excess 1Y
- +1.2%
- Category median, same plan and option
- 3Y win rate
- +38%
- Windows beating the median
- 3Y percentile
- 75
- Vs comparable share classes
- SIP 3Y XIRR
- +8.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +2.4%
- 2213 daily-ending windows
- Median rolling 3Y
- +6.5%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1730 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -8.0%
- Worst peak-to-trough
- Current
- -0.3%
- Below last peak
- Current spell
- 51 days
- Days below latest peak
- Time below peak
- +48%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 6 days
- 271 recovered episodes
- Longest recovery
- 345 days
- Trough to prior peak
15 Jan 2019 – 22 May 2020
Trough 12 Jun 2019 · recovered in 345 days
-8.0%
3 Sept 2018 – 13 Dec 2018
Trough 4 Oct 2018 · recovered in 70 days
-2.6%
7 Apr 2022 – 19 Jul 2022
Trough 6 May 2022 · recovered in 74 days
-1.0%
8 Jan 2021 – 31 Mar 2021
Trough 5 Feb 2021 · recovered in 54 days
-0.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
75
Vs category
57
Consistency
40
Risk-adjusted
50
Drawdown
80
Mean
60
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 18 holdings · top 10 are 84.4%.
- Top 5
- 49.1%
- Top 10
- 84.4%
- Largest holding
- 12.2%
- Effective holdings
- 12.6
Repo
Unspecified
12.2%
GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100
Entities
11.3%
GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100
Entities
8.8%
SHRIRAM HOUSING FINANCE LIMITED SR 35 9.25 NCD 04OT27 FVRS1LAC
Financial
8.7%
TATA HOUSING DEVELOPMENT COMPANY LIMITED SR I 7.51 NCD 08DC28 FVRS1LAC
Industrials
8.2%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Credit Risk Fund
Axis Mutual Fund
- 1Y
- +7.2%
- 3Y
- +8.6%
- Vol
- 1.6%
- Max DD
- -3.5%
- Sharpe
- 1.45
- 3Y win
- +62%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
HDFC Credit Risk Fund
HDFC Mutual Fund
- 1Y
- +6.0%
- 3Y
- +8.0%
- Vol
- 1.5%
- Max DD
- -2.6%
- Sharpe
- 1.83
- 3Y win
- +56%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
HSBC Credit Risk Fund
HSBC Mutual Fund
- 1Y
- +5.6%
- 3Y
- +11.5%
- Vol
- 5.7%
- Max DD
- -0.4%
- Sharpe
- 0.80
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER