Invesco India ELSS Tax Saver Fund
The scheme aims to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. It intends to invest across market capitalisation sectors utilizing bottom up approach. It will aim to have concentrated well researched portfolio, which would be around 20 - 50 stocks.
Growthvine rating: 3/5 — ranked #24 of 57 in category.
Fund basics
| Category | Equity: ELSS |
|---|
| NAV | ₹128.37 (as of 2026-08-21) |
|---|
| AUM | ₹2,698 Cr |
|---|
| Expense ratio | 1.69% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Depesh Kashyap |
|---|
| Exit load | 0 |
|---|
Performance & risk
| 5-year annualised return | 10.35% |
|---|
| Sharpe ratio | 0.43 |
|---|
| Standard deviation | 16.44% |
|---|
| Max drawdown | -59.03% |
|---|
| Alpha | -0.23 |
|---|
| Beta | 1.04 |
|---|
Over 5 years, captured 100.1% of Nifty 500's upside and 110.0% of its downside.
Market cap allocation
| Large cap | 46.4% |
|---|
| Mid cap | 25.1% |
|---|
| Small cap | 28.4% |
|---|
Concentration
| Top 5 holdings | 15.6% |
|---|
| Top 10 holdings | 25.9% |
|---|
| Total holdings | 73 |
|---|
| Index overlap | 34.8% |
|---|
| Active share | 65.2% |
|---|
Top holdings
- HDFC Bank Ltd. — 4.7%
- ICICI Bank Ltd. — 3.9%
- Bajaj Finance Limited — 2.4%
- Bharti Airtel Ltd. — 2.3%
- Jyoti CNC Automation Limited — 2.3%
- AXIS Bank Ltd. — 2.2%
- Eternal Limited — 2.1%
- COFORGE LIMITED — 2.0%
- InterGlobe Aviation Limited — 2.0%
- Metro Brands Limited — 2.0%
Top sectors
- Banking & Financial — 21.6%
- Automobile — 10.3%
- Retail — 10.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 3.1% | Q2 | #19 of 52 |
| 2025 | -2.8% | Q4 (Bottom) | #46 of 51 |
| 2024 | 25.2% | Q1 (Top) | #9 of 51 |
| 2023 | 30.9% | Q2 | #20 of 48 |
| 2022 | -7.7% | Q4 (Bottom) | #42 of 43 |