Invesco India Consumption Fund vs Invesco India Multi cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Invesco India Consumption Fund is a Thematic fund and Invesco India Multi cap Fund is a Multi Cap fund. In the year to 30-10-2026, Invesco India Consumption Fund (Direct) returned 7.1% and Invesco India Multi cap Fund (Direct) returned −4.3%. Invesco India Consumption Fund charges 1.18% a year and Invesco India Multi cap Fund 0.94% (Direct plans). Their portfolios overlap 42.2%: they hold 29 of the same securities.
Invesco India Consumption Fund
Thematic
- 1 year return
- 7.1%
- Expense ratio
- 1.18%
- NAV
- ₹10.73
Invesco India Multi cap Fund
Multi Cap
- 1 year return
- −4.3%
- Expense ratio
- 0.94%
- NAV
- ₹150.84
Which is better, Invesco India Consumption or Invesco India Multi cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Invesco India Consumption returned more over 1 year: 7.1% against −4.3%.
- Invesco India Multi cap costs less: 0.94% a year against 1.18% (Direct plans).
- Invesco India Consumption fell less in its worst fall since 29-10-2025: −15.6% against −18.0%.
- Invesco India Multi cap is the larger fund: ₹4,301 Cr against ₹590 Cr.
- Their portfolios overlap 42.2%: 29 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Invesco India Consumption Fund | Invesco India Multi cap Fund |
|---|---|---|
| Fund house | Invesco Mutual Fund | Invesco Mutual Fund |
| Category | Thematic | Multi Cap |
| AUM | ₹590 Cr (30-09-2026) | ₹4,301 Cr (30-09-2026) |
| NAV | ₹10.73 (Direct) | ₹150.84 (Direct) |
| Expense ratio (Direct) | 1.18% | 0.94% |
| Expense ratio (Regular) | 2.67% | 2.09% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Consumption TRI | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | 28-10-2025 | 17-03-2008 |
| Minimum investment | Not available | Not available |
| Lock in | None | None |
| Fund managers | Manish Poddar | Taher Badshah, Deepak Gupta, Manish Poddar |
| Exit load | Exit load of 0.50%, if redeemed within 3 months. | Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year. |
Invesco India Consumption vs Invesco India Multi cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Invesco India Consumption Fund (Direct) | −1.56% | −0.37% | +13.31% | +7.09% | -- | -- | -- |
| Invesco India Multi cap Fund (Direct) | −1.33% | −3.76% | +4.49% | −4.27% | +12.21% | +10.49% | +13.54% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | +12.56% | +14.55% |
Category average: the average of the 235 Thematic funds and the 33 Multi Cap funds, same plan type.
Invesco India Consumption vs Invesco India Multi cap: Year-wise Returns
| Year | ConsumptionInvesco India Consumption | Multi capInvesco India Multi cap |
|---|---|---|
| 2026to date | +9.94% | −0.40% |
| 2025 | -- | −5.57% |
| 2024 | -- | +31.46% |
| 2023 | -- | +33.52% |
| 2022 | -- | −0.84% |
| 2021 | -- | +42.54% |
Invesco India Consumption vs Invesco India Multi cap: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of Invesco India Consumption Fund
Invesco India Consumption vs Invesco India Multi cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 29-10-2025 to 30-10-2026: 13 instalments, ₹1,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Invesco India ConsumptionInvesco India Consumption Fund (Direct) | ₹1,30,000 | ₹1,41,059 | ₹11,059 | 15.2% |
| Invesco India Multi capInvesco India Multi cap Fund (Direct) | ₹1,30,000 | ₹1,30,660 | ₹660 | 0.9% |
Invesco India ConsumptionInvesco India Consumption Fund (Direct)
Invesco India Multi capInvesco India Multi cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Invesco India Consumption vs Invesco India Multi cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Invesco India Consumption Fund (Direct) | Invesco India Multi cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.09% | −4.27% |
| Standard deviation | 16.32% | 16.64% |
| Sharpe ratio | 0.11 | -0.57 |
| Sortino ratio | 0.16 | -0.79 |
| Maximum drawdown | −15.6% (23-03-2026) | −18.0% (30-03-2026) |
| Beta | 0.95 | 1.08 |
| Alpha | +16.93% | +2.67% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Invesco India Consumption Fund (Direct) | Invesco India Multi cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.07% | +16.68% |
| Standard deviation | 16.30% | 15.76% |
| Sharpe ratio | 0.11 | 0.67 |
| Sortino ratio | 0.16 | 0.90 |
| Maximum drawdown | −15.6% (23-03-2026) | −38.0% (23-03-2020) |
| Beta | 0.95 | -- |
| Alpha | +17.38% | -- |
From daily NAVs, 29-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Invesco India Consumption Fund (Direct)
Invesco India Multi cap Fund (Direct)
Nifty India Consumption TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Invesco India Consumption Fund (Direct) | −15.6% | 30-10-2025 | 23-03-2026 | 15-06-2026 | 3 months | −5.0% |
| Invesco India Multi cap Fund (Direct) | −18.0% | 29-10-2025 | 30-03-2026 | 06-07-2026 | 3 months | −6.9% |
| Nifty India Consumption TRI | −17.7% | 29-10-2025 | 30-03-2026 | Not yet | -- | −11.1% |
From daily values since 29-10-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Invesco India Consumption Fund (Direct)
Invesco India Multi cap Fund (Direct)
Nifty India Consumption TRI
Against Nifty India Consumption TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Invesco India Consumption Fund (Direct) | 126% | 53% | 9.12% |
| Invesco India Multi cap Fund (Direct) | 98% | 73% | 8.19% |
From month-end values since 29-10-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Invesco India Consumption vs Invesco India Multi cap: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India Consumption Fund, September 2026; Invesco India Multi cap Fund, September 2026
Holdings in common
- Overlap
- 42.2%
- Held by both
- 29
- Only in Invesco India Consumption
- 15
- Only in Invesco India Multi cap
- 44
| Security | % of Invesco India Consumption | % of Invesco India Multi cap |
|---|---|---|
| Eternal Limited | 6.16% | 4.33% |
| InterGlobe Aviation Limited | 2.89% | 2.70% |
| Krishna Institute Of Medical Sciences Limited | 3.03% | 2.38% |
| TVS Motor Company Limited | 3.45% | 2.28% |
| Dr Agarwals Health Care Limited | 2.40% | 2.25% |
| Aditya Infotech Limited | 3.38% | 1.99% |
| Amber Enterprises India Limited | 2.52% | 1.82% |
| Delhivery Limited | 2.34% | 1.82% |
| Trent Limited | 2.80% | 1.76% |
| FSN E-Commerce Ventures Limited | 2.46% | 1.67% |
| Max Healthcare Institute Limited | 2.20% | 1.65% |
| Bharti Airtel Limited | 3.39% | 1.62% |
| Milky Mist Dairy Food Limited | 4.14% | 1.55% |
| Dhoot Transmission Ltd | 2.89% | 1.45% |
| Corona Remedies Limited | 2.74% | 1.39% |
| Prestige Estates Projects Limited | 1.39% | 2.02% |
| Craftsman Automation Limited | 2.96% | 1.11% |
| Swiggy Limited | 1.34% | 1.08% |
| Belrise Industries Ltd. | 1.81% | 1.04% |
| Safari Industries (India) Limited | 1.44% | 0.98% |
| Mahindra & Mahindra Limited | 3.41% | 0.95% |
| Meesho Ltd | 1.28% | 0.86% |
| CEAT Limited | 1.57% | 0.84% |
| Global Health Limited | 1.21% | 0.79% |
| Torrent Pharmaceuticals Limited | 1.90% | 0.75% |
| CCL Products (India) Limited | 2.58% | 0.69% |
| Avenue Supermarts Limited | 1.47% | 0.49% |
| Sedemac Mechatronics Limited | 3.30% | 0.46% |
| SS Retail Limited | 2.52% | 0.15% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 42.2% means 42.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Invesco India Consumption Fund
| Security | % of fund |
|---|---|
| Titan Company Limited | 2.89% |
| Eicher Motors Limited | 2.42% |
| Radico Khaitan Limited | 2.07% |
| Chalet Hotels Limited | 2.03% |
| Gabriel India Limited | 2.03% |
Largest holdings only in Invesco India Multi cap Fund
| Security | % of fund |
|---|---|
| ICICI Bank Limited | 3.57% |
| Sai Life Sciences Limited | 2.71% |
| Axis Bank Limited | 2.41% |
| AU Small Finance Bank Limited | 2.14% |
| Coforge Limited | 2.05% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Invesco India Consumption | Invesco India Multi cap |
|---|---|---|
| Equity | 99.4% | 99.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.6% | 0.5% |
Market cap of stocks
| Market cap | Invesco India Consumption | Invesco India Multi cap |
|---|---|---|
| Large Cap | 34.8% | 37.0% |
| Mid Cap | 12.8% | 27.7% |
| Small Cap | 39.8% | 30.6% |
| Not on AMFI's list | 12.0% | 4.1% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Invesco India Consumption | Invesco India Multi cap |
|---|---|---|
| Retailing | 18.0% | 10.3% |
| Banks | 0.0% | 15.2% |
| Auto Components | 14.6% | 4.9% |
| Automobiles | 10.7% | 3.2% |
| Consumer Durables | 9.7% | 3.8% |
| Healthcare Services | 8.8% | 8.0% |
| Capital Markets | 0.8% | 8.4% |
| Transport Services | 5.2% | 4.5% |
| Pharmaceuticals & Biotechnology | 4.6% | 4.8% |
The six largest sectors of each fund's stocks, % of the fund.
Invesco India Consumption vs Invesco India Multi cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India Consumption Fund | Invesco India Multi cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.18% | 0.94% |
| Base expense ratio (Direct) | 0.76% | 0.63% |
| Total expense ratio (Regular) | 2.67% | 2.09% |
| Base expense ratio (Regular) | 2.08% | 1.63% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Invesco India Consumption with
Invesco India Consumption Fund vs Invesco India Multi cap Fund: Frequently Asked Questions
What is the difference between Invesco India Consumption Fund and Invesco India Multi cap Fund?
Invesco India Consumption Fund is a Thematic fund, Invesco India Multi cap Fund is a Multi Cap fund, run by Invesco Mutual Fund. Their portfolios overlap 42.2%. Invesco India Consumption Fund charges 1.18% a year and Invesco India Multi cap Fund 0.94%.
Which has given higher returns, Invesco India Consumption Fund or Invesco India Multi cap Fund?
Over 1 year: Invesco India Consumption Fund +7.09%, Invesco India Multi cap Fund −4.27%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Invesco India Consumption Fund or Invesco India Multi cap Fund?
Invesco India Multi cap Fund charges less: 0.94% a year against 1.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Invesco India Consumption Fund and Invesco India Multi cap Fund overlap?
42.2%. They hold 29 of the same securities, the largest shared ones being ETERNAL, INDIGO, KIMS. From each fund's latest monthly portfolio.
Which is riskier, Invesco India Consumption Fund or Invesco India Multi cap Fund?
On SEBI's riskometer, Invesco India Consumption Fund is rated Very High and Invesco India Multi cap Fund Very High. Over 1 years, the standard deviation of daily returns was 16.32% and 16.64% a year.
Can I invest in both Invesco India Consumption Fund and Invesco India Multi cap Fund?
Yes. 42.2% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Invesco India Consumption Fund and Invesco India Multi cap Fund?
Invesco India Consumption Fund: Manish Poddar. Invesco India Multi cap Fund: Taher Badshah, Deepak Gupta, Manish Poddar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.