Invesco India Corporate Bond Fund Direct-Growth

Q: What are the returns of this mutual fund scheme?

The Invesco India Corporate Bond Fund Direct-Growth is a 12 yrs 9 m old fund and has delivered average annual returns of 7.5% since inception. Invesco India Corporate Bond Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.52% 8.1% 6.19% 7.28% 7.5%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹3484.0002+0.04% 1 day change	7.5% p.a.	App exclusive #NA View Ranked Funds	₹7,250 Cr

Historical NAV & returns

NAV: ₹3484.0002 as on Oct 20, 2025

This fund Category average

Invesco India Corporate Bond Fund overview

Expense ratio	0.28% as on Sep 30, 2025
Exit load	0%
AUM (Fund size)	₹7,250 Cr
Lock-in Period	Nil
Age	12 yrs 9 m since Jan 01, 2013
Benchmark	Nifty Corporate Bond Index A-II
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Invesco India Corporate Bond Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.77%	0.77%
3 Months	1.25%	1.3%
6 Months	3.15%	3.21%
1 Year	8.52%	8.42%
2 Years	8.67%	8.56%
3 Years	8.1%	8.09%
4 Years	6.65%	6.7%
5 Years	6.19%	6.27%
7 Years	7.74%	7.56%
10 Years	7.28%	7.48%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 72.23%

SOV 21.75%

Cash & Call Money 4.05%

A1+ 1.7%

Top Debt Holdings

LIC Housing Finance Ltd. 4.89%

Small Industries Devp. Bank of India Ltd. 4.34%

Pipeline Infrastructure (India) Pvt. Ltd. 2.96%

National Bank For Agriculture & Rural Development 2.63%

Allocation by Instruments

Debenture 34.920000000000016%

GOI Securities 21.57%

Bonds 19.63%

Non Convertible Debenture 12.379999999999999%

Other Holdings

Others 0.27%

Detailed portfolio analysis

Key risk & return ratios Compared to other funds in the category

Alpha	0.94 vs. 2.93 Underperformed at beating benchmark
Sharpe	1.14 vs. 3.57 Poor risk-adjusted returns
Beta	0.65 vs. 1.08 Less sensitive to market ups & downs
Standard deviation	1.2 vs. 1.1 More volatile performance

Compare Invesco India Corporate Bond Fund in detail with

About this fund

About Invesco India Corporate Bond Fund

Invesco India Corporate Bond Fund Direct-Growth is a Corporate Bond mutual fund scheme from Invesco Mutual Fund. This fund has been in existence for 12 yrs 9 m, having been launched on 01/01/2013. Invesco India Corporate Bond Fund Direct-Growth has ₹7,250 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Invesco India Corporate Bond Fund Direct-Growth as of 20/10/2025 is ₹3484.00. The fund has an expense ratio of 0.28%, which is close to what most other Corporate Bond funds charge.

Invesco India Corporate Bond Fund Direct-Growth returns of last 1-year are 8.60%. Since launch, it has delivered 7.51% average annual returns. The fund has doubled the money invested in it every 10 yrs.
Invesco India Corporate Bond Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in LIC Housing Finance Ltd., Small Industries Devp. Bank of India Ltd., Pipeline Infrastructure (India) Pvt. Ltd., National Bank For Agriculture & Rural Development, Jamnagar Utilities and Power Pvt. Ltd..

...

Fund AUM	7,250 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Vikas Garg

Mr. Garg is CFA MBA Finance, B-Tech and M- Tech Prior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.

Krishna Venkat Cheemalapati

Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad. Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.

Investment objective

The fund generates regular and stable income by investing predominantly in bonds issued by corporates. The scheme will invest in bonds which are rated AA+/ AAA by credit rating agencies.

Invesco Mutual Fund details

No. of schemes	40 view all schemes
Total AUM	1,28,693 Cr as on Sep 30, 2025
Address	2101 - A-A Wing - 21st Floor, Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai, 400013
Phone	022-67310000 / 1800-209-0007

More funds from Invesco Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Invesco India Credit Risk Fund	N.A.	153 Cr	10.64%	10.68%
Invesco India Medium Duration Fund	N.A.	171 Cr	8.02%	8.05%
Invesco India Short Duration Fund	N.A.	925 Cr	8.65%	8.01%
Invesco India Gilt Fund	N.A.	367 Cr	5.32%	8.0%
Invesco India Banking and PSU Fund	N.A.	182 Cr	7.94%	7.91%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Invesco India Corporate Bond Fund Direct-Growth?

The current Net Asset Value (NAV) of the Invesco India Corporate Bond Fund - Direct Growth plan is approximately ₹3484.0002 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Invesco India Corporate Bond Fund Direct-Growth is a 12 yrs 9 m old fund and has delivered average annual returns of 7.5% since inception.

Invesco India Corporate Bond Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.52%	8.1%	6.19%	7.28%	7.5%

How much does this mutual fund charge as expense ratio?

The Invesco India Corporate Bond Fund - Direct Growth has an expense ratio of 0.28%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Invesco India Corporate Bond Fund currently has assets under management (AUM) or fund size valued at approximately 7,250 Cr as on Sep 30, 2025.

To whom does Invesco India Corporate Bond Fund lend to?

The top 3 debt holdings of Invesco India Corporate Bond Fund are as follows

Holding Name	Percentage of Portfolio
LIC Housing Finance Ltd.	4.89%
Small Industries Devp. Bank of India Ltd.	4.34%
Pipeline Infrastructure (India) Pvt. Ltd.	2.96%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Invesco India Corporate Bond Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	72.23%
SOV	21.75%
Cash & Call Money	4.05%

What is risk level of Invesco India Corporate Bond Fund?

This is a Corporate Bond fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Invesco India Corporate Bond Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Invesco India Corporate Bond Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Invesco India Corporate Bond Fund is complete.

How can I redeem my investments in Invesco India Corporate Bond Fund?

Redeeming your investments in the Invesco India Corporate Bond Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Corporate Bond

#NA

Return Outperformance: This fund has generated highest return amongst Corporate Bond funds in the last 2 Years.
Age: This is the oldest Corporate Bond fund.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.