Invesco India Large & Mid Cap Fund Tops CRISIL Rankings and Outperforms Benchmark and Peers

Invesco India Large & Mid Cap Fund has consistently ranked in the top 30th percentile of the large and midcap category of the CRISIL Mutual Fund Ranking for four consecutive quarters. Its assets under management rose from ₹3,503 crore in June 2022 to ₹7,887 crore in June 2025. The fund outperformed its benchmark and peers across one-, two-, three-, five-, seven-, and 10-year trailing periods. Its portfolio was spread across 19 stocks, with a higher allocation to largecap stocks and a consistently higher midcap allocation compared to its peers.

Invesco India Large & Mid Cap Fund has demonstrated remarkable consistency and growth, ranking in the top 30th percentile of the large and midcap category in CRISIL Mutual Fund Rankings for four consecutive quarters. The fund's assets under management (AUM) have surged from ₹3,503 crore in June 2022 to ₹7,887 crore in June 2025, indicating strong investor interest and trust in the fund's performance [1].

The fund has outperformed its benchmark, the BSE 250 Large MidCap 65:35 Total Return Index, and its peers across various trailing periods, including one-, two-, three-, five-, seven-, and 10-year periods. This consistent outperformance underscores the fund's ability to generate strong returns in a volatile market [1].

The fund's portfolio is diversified, comprising 19 stocks, with a significant allocation to largecap stocks and a higher midcap allocation compared to its peers. This strategic allocation has contributed to the fund's robust performance [1].

The fund is managed by Amit Ganatra and Aditya Khemani, who bring a wealth of experience in the mutual fund industry. Ganatra holds a Commerce degree, is a Chartered Accountant, and is a Chartered Financial Analyst from AIMR. Khemani has a B.Com (Hons) and a PGDM from IIM, Lucknow, with prior experience at several prominent mutual funds [2].

The fund's investment objective is to generate capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments of large and midcap companies. The fund's asset allocation is heavily tilted towards equities, with 97.94% of the portfolio invested in equities, 0.0% in debts, and 2.06% in cash and cash equivalents [1].

The fund's performance has been driven by its focus on growth-oriented investing and its ability to identify promising large and midcap stocks. The fund's consistent outperformance and rising AUM reflect its strong track record and the confidence of investors in its management team [1].

References:
[1] https://m.economictimes.com/invesco-india-large-mid-cap-fund/mffactsheet/schemeid-5346.cms
[2] https://m.economictimes.com/invesco-india-large-mid-cap-fund/mffactsheet/schemeid-5346.cms