Invesco India Credit Risk Fund Direct-Growth

Q: What are the returns of Invesco India Credit Risk Fund?

The Invesco India Credit Risk Fund is a 10 yrs 8 m old fund and has delivered average annual returns of 7.34% since inception. Invesco India Credit Risk Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 12.16% 10.08% 8.37% 7.06% 7.34%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹2127.0656+0.02% 1 day change	7.34% p.a.	#NA View Ranked Funds	N.A.

Historical NAV & returns

NAV: ₹2127.0656 as on Apr 23, 2025

This fund Category average

Invesco India Credit Risk Fund overview

VRO rating	N.A.
Expense ratio	0.28% as on Mar 31, 2025
Exit load	4.0% Exit load of 4%, if redeemed within 1 year.!
AUM (Fund size)	₹144 Crs
Lock-in	No Lockin
Age	10 yrs 8 m since Aug 14, 2014
Benchmark	NIFTY Credit Risk Bond Index B-II
Min. investment	SIP ₹1000 & Lump. ₹1000
Risk	Moderately High
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Invesco India Credit Risk 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 Apr 24, 2025

Period	This fund	Category average
1 month	1.75%	1.51%
3 months	5.27%	3.38%
6 months	7.26%	5.24%
1 year	12.16%	10.28%
3 years	10.08%	8.2%
5 years	8.37%	10.01%
7 years	6.07%	6.31%
10 years	7.06%	7.19%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.05%

Top holdings

Sintex Industries Ltd.0.05%

Top sectors

Textiles 0.05%

AA 52.83%

SOV 38.23%

Cash & Call Money 7.18%

Others 0.27%

Top Debt Holdings

GOI 38.23%

ONGC Petro Additions Ltd. 8.37%

JSW Steel Ltd. 8.34%

Aadhar Housing Finance Ltd 6.97%

Allocation by Instruments

Debenture 51.45%

GOI Securities 38.230000000000004%

Repo 4.41%

Net Receivables 2.77%

Other Holdings

Roadstar Infra Investment Trust 1.44%

Others 0.27%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Invesco India Credit Risk Fund	N.A.	₹144 Crs	10 yrs 8 m	0.28%
SBI Credit Risk Fund	N.A.	₹2,255 Crs	12 yrs 3 m	0.89%
Bank of India Credit Risk Fund	N.A.	₹110 Crs	10 yrs 2 m	1.12%
Aditya Birla Sun Life Credit Risk Fund	N.A.	₹970 Crs	10 yrs	0.67%
ICICI Prudential Credit Risk Fund	N.A.	₹6,131 Crs	12 yrs 3 m	0.77%
Baroda BNP Paribas Credit Risk Fund	N.A.	₹173 Crs	10 yrs 3 m	0.79%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Invesco India Credit Risk Fund	1.75%	7.26%	12.16%	10.08%	8.37%	7.06%
SBI Credit Risk Fund	1.53%	5.11%	9.97%	8.33%	8.03%	8.2%
Bank of India Credit Risk Fund	1.14%	3.42%	5.9%	5.8%	27.38%	2.03%
Aditya Birla Sun Life Credit Risk Fund	1.72%	8.68%	18.16%	11.58%	10.6%	9.14%
ICICI Prudential Credit Risk Fund	1.64%	4.8%	10.02%	8.25%	8.31%	8.65%
Baroda BNP Paribas Credit Risk Fund	1.5%	4.8%	10.03%	8.21%	10.01%	8.83%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Invesco India Credit Risk Fund	2.89	3.82	1.04	2.96
SBI Credit Risk Fund	1.35	2.02	1.14	1.96
Bank of India Credit Risk Fund	0.89	1.21	-0.72	-1.06
Aditya Birla Sun Life Credit Risk Fund	2.98	1.94	1.52	5.49
ICICI Prudential Credit Risk Fund	1.05	1.95	1.37	2.01
Baroda BNP Paribas Credit Risk Fund	0.93	1.82	1.5	1.5

View all Credit Risk funds

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

Alpha	10.97 vs. 5.04 Higher outperformance against benchmark
Sharpe	1.04 vs. 5.28 Poor risk-adjusted returns
Beta	3.82 vs. 1.94 More sensitive to market's ups & downs
Standard deviation	2.89 vs. 1.83 More volatile performance

Compare Invesco India Credit Risk Fund in detail with

About this fund

About Invesco India Credit Risk Fund

Invesco India Credit Risk Fund Direct-Growth is a Credit Risk mutual fund scheme from Invesco Mutual Fund. This fund has been in existence for 10 yrs 8 m, having been launched on 14/08/2014. Invesco India Credit Risk Fund Direct-Growth has ₹144 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Invesco India Credit Risk Fund Direct-Growth as of 23/04/2025 is ₹2127.07. The fund has an expense ratio of 0.28%, which is less than what most other Credit Risk funds charge.

Invesco India Credit Risk Fund Direct-Growth returns of last 1-year are 12.13%. Since launch, it has delivered 7.35% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Invesco India Credit Risk 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 above average.
The fund's credit profile is low indicating it has lent to borrowers whose quality is not too great. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in GOI, ONGC Petro Additions Ltd., JSW Steel Ltd., Aadhar Housing Finance Ltd, Tata Projects Ltd..

...

Fund AUM	₹144 Crs as on Mar 31, 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 scheme seeks to generate accrual income and capital appreciation by investing in debt securities of varying maturities across the credit spectrum.

Invesco Mutual Fund details

No. of schemes	39 view all schemes
Total AUM	₹1,06,703 Crs as on Mar 31, 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 (in Crs.)	1Y	3Y
Invesco India Gilt Fund	N.A.	₹953 Crs	13.42%	9.01%
Invesco India Medium Duration Fund	N.A.	₹165 Crs	10.37%	7.44%
Invesco India Corporate Bond Fund	N.A.	₹5,643 Crs	10.25%	7.38%
Invesco India Short Duration Fund	N.A.	₹715 Crs	9.77%	7.19%
Invesco India Ultra Short Duration Fund	N.A.	₹859 Crs	7.93%	7.08%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Invesco India Credit Risk Fund?

The current Net Asset Value (NAV) of the Invesco India Credit Risk Fund - Direct Growth plan is approximately ₹2127.0656 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Invesco India Credit Risk Fund is a 10 yrs 8 m old fund and has delivered average annual returns of 7.34% since inception.

Invesco India Credit Risk Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
12.16%	10.08%	8.37%	7.06%	7.34%

How much does this mutual fund charge as expense ratio?

The Invesco India Credit Risk Fund - Direct Growth has an expense ratio of 0.28%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The Invesco India Credit Risk Fund currently has assets under management (AUM) or fund size valued at approximately ₹144 Crs crore as of Mar 31, 2025.

What are the top stock holdings of Invesco India Credit Risk Fund?

Company	Percentage of Portfolio
Sintex Industries Ltd.	0.05%

What are the top sectors Invesco India Credit Risk Fund has invested in?

Sector	Percentage of Portfolio
Textiles	0.05%

To whom does Invesco India Credit Risk Fund lend to?

The top 3 debt holdings of Invesco India Credit Risk Fund are as follows

Holding Name	Percentage of Portfolio
GOI	38.23%
ONGC Petro Additions Ltd.	8.37%
JSW Steel Ltd.	8.34%

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 Credit Risk Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AA	52.83%
SOV	38.23%
Cash & Call Money	7.18%

What is risk level of Invesco India Credit Risk Fund?

This is a Credit Risk fund comes with Moderately High 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 Credit Risk Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 Credit Risk Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Invesco India Credit Risk Fund is complete.

How can I redeem my investments in Invesco India Credit Risk Fund?

Redeeming your investments in Invesco India Credit Risk Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Invesco India Credit Risk Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Credit Risk

#NA

Return Outperformance: This fund has generated highest return amongst Credit Risk funds in the last 5 Years.
Expense Ratio: This fund has the lowest expense ratio amongst actively/passively managed Credit Risk funds.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
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.
Exit Load: Exit load of 4%, if redeemed within 1 year.