MonitorDirect · GrowthWatch before adding
Invesco India Mid Cap Fund
Invesco Mutual FundEquity Schemes - Mid Cap Fund13.8 years
The scheme seeks to generate capital appreciation by investing predominantly in Midcap companies
- NAV
- 224.92
- 29 Oct 2026
- 1Y
- -0.1%
- Trailing CAGR
- AUM
- ₹15,748.83 Cr
- 30 Sept 2026
- Volatility
- High
- 16.2% 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
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer HSBC Midcap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.76% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -34.1%. Ask whether you can hold through a similar fall.
Vs category
Watch
52% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Aditya Khemani · 3.0 years on the scheme.
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
Pass
Top 10 holdings ≈ 49.1% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 34%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
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-0.1%
- 3Y+22.0%
- 5Y+17.5%
- 10Y+18.4%
- SI+20.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.2%
- 3Y+11.7%
- 5Y+18.7%
- 10Y+20.1%
- Since inception
- +20.2%
- Calendar-day CAGR
- Excess 1Y
- -0.2%
- Category median, same plan and option
- 3Y win rate
- +52%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +11.7%
- Simulated monthly SIP
- Worst rolling 3Y
- -1.7%
- 2653 daily-ending windows
- Median rolling 3Y
- +23.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2160 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -34.1%
- Worst peak-to-trough
- Current
- -8.8%
- Below last peak
- Current spell
- 63 days
- Days below latest peak
- Time below peak
- +85%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 13 days
- 172 recovered episodes
- Longest recovery
- 462 days
- Trough to prior peak
20 Feb 2020 – 6 Nov 2020
Trough 23 Mar 2020 · recovered in 228 days
-34.1%
7 Jan 2013 – 9 Dec 2013
Trough 28 Aug 2013 · recovered in 103 days
-21.9%
16 Dec 2024 – 6 Jun 2025
Trough 28 Feb 2025 · recovered in 98 days
-20.1%
17 Jan 2022 – 1 Dec 2022
Trough 20 Jun 2022 · recovered in 164 days
-20.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
49
Consistency
49
Risk-adjusted
69
Drawdown
15
Mean
56
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 44 holdings · top 10 are 49.1%.
- Top 5
- 29.8%
- Top 10
- 49.1%
- Largest holding
- 7.3%
- Effective holdings
- 27.0
Prestige Estates Projects Ltd
Real Estate
7.3%
Max Healthcare Institute Ltd
Healthcare
7.2%
Meesho Ltd.
Consumer Discretionary
5.4%
The Federal Bank Ltd
Financial
5.4%
Manipal Health Enterprises Ltd
Healthcare
4.4%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
HSBC Midcap Fund
HSBC Mutual Fund
- 1Y
- +10.9%
- 3Y
- +22.2%
- Vol
- 17.2%
- Max DD
- -26.0%
- Sharpe
- 0.93
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
WhiteOak Capital Mid Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- +4.5%
- 3Y
- +20.6%
- Vol
- 14.8%
- Max DD
- -19.3%
- Sharpe
- 0.99
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Kotak Mid Cap Fund
Kotak Mahindra Mutual Fund
- 1Y
- -4.0%
- 3Y
- +15.3%
- Vol
- 15.4%
- Max DD
- -36.0%
- Sharpe
- 0.86
- 3Y win
- +68%
- Lower volatility
- Higher win rate vs category
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns
Helios Mid Cap Fund
Helios Mutual Fund
- 1Y
- +2.2%
- 3Y
- n/a
- Vol
- 16.5%
- Max DD
- -16.7%
- Sharpe
- 0.79
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns
JM Mid Cap Fund
JM Financial Mutual Fund
- 1Y
- +1.3%
- 3Y
- +18.0%
- Vol
- 16.8%
- Max DD
- -22.5%
- Sharpe
- 0.89
- 3Y win
- +53%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns