Invesco India Smallcap Fund — Deep Analysis

Live data: Fetching from MF API India — charts and returns loading below...

Fund Overview

Invesco India Smallcap Fund — Quick Summary

Invesco India Smallcap Fund, launched in October 2018, brings global investment management expertise to Indian small cap investing. Backed by Invesco's worldwide research infrastructure, the fund follows a disciplined growth-oriented strategy. With a competitive expense ratio of 0.46% and consistently solid performance, it has grown to ₹5,900 Cr+ AUM and earned a place among respected mid-tier small cap funds.

Fund House

Invesco Mutual Fund

✓ Suitable For

✓Investors with 7+ year horizon who can stay patient through crashes

✓SIP investors doing rupee cost averaging every month without stopping

✓Those seeking high wealth creation and comfortable with high volatility

✓Experienced investors using this as a satellite allocation in a diversified portfolio

✗ Not Suitable For

✗First-time investors — start with a large cap or hybrid fund first

✗Anyone who needs money within 3–5 years — small caps can be down for years

✗Investors who panic sell — 40–50% crashes are normal in this category

✗Those making it their only fund — concentration in small caps is dangerous

Who Runs This Fund

Fund Manager

TA

Taher Badshah & Dhimant Kothari

CIO Equities & Fund Manager, Invesco MF

Managing Since

2018

Experience

25+ Years

Funds Managed

5 Funds

Total AUM

₹20,000 Cr+

Invesco India Smallcap Fund benefits from dual expertise — Taher Badshah's broad market insight as CIO and Dhimant Kothari's deep small cap research. Invesco's global investment culture brings a disciplined, process-driven approach to stock selection. The team focuses on businesses with strong earnings visibility and reasonable valuations.

Fund History

Key Moments in Fund's Life

October 2018

🚀 Fund Launch

Invesco MF entered the small cap category post SEBI recategorisation. The fund launched with a clear mandate to leverage global research capabilities in identifying Indian small cap winners.

2019

📈 Building the Portfolio

First full year involved careful portfolio construction, identifying high-quality small cap businesses. The market was recovering from the NBFC crisis, offering attractive entry points.

March 2020

💥 COVID Crash

Sharp drawdown in the COVID crash. The fund's quality-focused portfolio recovered well as markets bounced back strongly from the lows.

2021 — 2022

🏆 Strong Recovery Rally

Post-COVID rally rewarded quality small cap holdings. Fund performance was strong, attracting growing investor interest.

2023 — 2024

📊 Steady Growth

Consistent performance and the Invesco global brand backing helped the fund cross ₹5,000 Cr AUM milestone with steady inflows.

What They Don't Tell You

The Dark Chapters

Every fund has painful periods. Here's an honest look at when Invesco India Smallcap Fund struggled — because understanding this is crucial before investing.

2018 — 2020

Launched Into NBFC Aftermath

Invesco Smallcap Fund launched just as the NBFC crisis was causing pain in small caps. Within 18 months, COVID made it worse. Early investors faced a prolonged period of losses before recovery began.

NFO investors waited 2+ years to see profits

Smaller Brand vs Giants

Invesco Not a Top-of-Mind Name in India

While Invesco is a global giant, in India it operates as a smaller player compared to SBI, HDFC, ICICI, and Nippon. This means less distribution reach, fewer branches, and sometimes less analyst coverage. In a category where trust matters, brand recognition is a real factor.

Risk: Lower brand recognition vs peers

Limited Data Transparency

Less Coverage Than Larger Peers

Invesco India Smallcap Fund receives less media and analyst coverage compared to the top-5 funds by AUM. This means fewer independent analyses, less commentary on portfolio changes, and less community knowledge-sharing. For investors who rely on secondary research, this is a minor but real limitation.

Coverage gap vs larger fund houses

⚠️ Educational Disclaimer: The dark chapters above are presented for educational awareness only. Past difficulties do not predict future performance. CRNIndia.com is NOT a SEBI/AMFI registered advisor. Please consult a qualified financial advisor before investing.

Performance

Returns vs Benchmark

1 Month

—

Nifty SC: —

3 Month

—

Nifty SC: —

6 Month

—

Nifty SC: —

1 Year

—

Nifty SC: —

3 Year CAGR

—

Nifty SC: —

5 Year CAGR

—

Nifty SC: —

10 Year CAGR

—

Nifty SC: —

Since Inception

—

Sep 2009

Price History

NAV History

Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show how the fund performed across every possible investment period — not just one cherry-picked date. This reveals true consistency. Learn more →

1Y Rolling (Avg)

—

% of times positive: —

3Y Rolling (Avg)

—

% of times positive: —

5Y Rolling (Avg)

—

% of times positive: —

1-Year Rolling Returns Each point = 1yr return from that date

Risk Analysis

Maximum Drawdown ℹ️ What is this?

Drawdown shows the biggest fall from peak NAV. This is what investors actually experience during market crashes. Learn more →

Max Drawdown Ever

—

Recovery time: —

2020 Covid Crash

-40.2%

Recovery: 14 months

2018 IL&FS Crisis

-28.6%

Recovery: 24 months

Current from Peak

—

Peak NAV: —

Drawdown Chart % fall from rolling peak NAV

Valuation Signal

NAV vs 200-Day Moving Average

When NAV is above 200 DMA, the fund is in an uptrend. When below, it signals caution. Many investors use this as a simple entry/exit signal.

Current NAV

—

200 DMA

—

NAV vs DMA

—

Loading signal...

NAV vs 200 DMA

Risk Metrics

Risk Ratios

Alpha (3Y)

—

Excess return over benchmark. Higher is better.

Beta (3Y)

—

Volatility vs market. >1 means more volatile.

Sharpe Ratio

—

Return per unit of risk. >1 is considered good.

Sortino Ratio

—

Like Sharpe but only penalises downside risk.

Std Deviation

—

How much returns fluctuate. Lower = more stable.

R-Squared

—

How closely it tracks the benchmark index.

Benchmark Comparison

Fund vs Nifty Smallcap 250

₹1 Lakh invested — Growth comparison

Help Us Improve

Your Feedback

Found an error in the data? Have a suggestion? We read every response and update the page accordingly.

How helpful was this page?

★ ★ ★ ★ ★

Type of Feedback

Your Name

Email (optional)

Your Message *