Invesco India Equity Savings Fund vs SBI BSE 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Invesco India Equity Savings Fund is an Equity Savings fund and SBI BSE 100 ETF is a mutual fund. In the 3 years to 30-10-2026, Invesco India Equity Savings Fund (Direct) returned 8.5% a year and SBI BSE 100 ETF (Regular) returned 8.8% a year. Invesco India Equity Savings Fund charges 1.51% a year and SBI BSE 100 ETF 0.16%. Their portfolios overlap 39.0%: they hold 31 of the same securities.
Invesco India Equity Savings Fund
Equity Savings
- 3 year return
- 8.5%
- Expense ratio
- 1.51%
- NAV
- ₹18.77
Which is better, Invesco India Equity Savings or SBI BSE 100 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI BSE 100 ETF returned more over 5 years: 7.6% a year against 7.2%.
- SBI BSE 100 ETF returned more over 3 years: 8.8% a year against 8.5%.
- SBI BSE 100 ETF costs less: 0.16% a year against 1.51%.
- Invesco India Equity Savings swung less over 3 years: a standard deviation of 5.3% a year against 13.5%.
- Invesco India Equity Savings fell less in its worst fall since 08-03-2019: −13.6% against −38.2%.
- SBI BSE 100 ETF holds more in large companies: 90.2% of the fund in large caps against 50.6%.
- Invesco India Equity Savings is the larger fund: ₹268 Cr against ₹9 Cr.
- Their portfolios overlap 39.0%: 31 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 Equity Savings Fund | SBI BSE 100 ETF |
|---|---|---|
| Fund house | Invesco Mutual Fund | SBI Mutual Fund |
| Category | Equity Savings | Not available |
| AUM | ₹268 Cr (30-09-2026) | ₹9 Cr (30-09-2026) |
| NAV | ₹18.77 (Direct) | ₹272.01 (Regular) |
| Expense ratio (Direct) | 1.51% | Not available |
| Expense ratio (Regular) | 2.97% | 0.16% |
| Riskometer | Moderate | Not available |
| Benchmark | Nifty Equity Savings Index | Not available |
| Launch date | 07-03-2019 | Not available |
| Minimum investment | Not available | Not available |
| Lock in | None | Not available |
| Fund managers | Krishna Cheemalapati, Deepak Gupta, Amey Sathe | Not available |
| Exit load | Exit load of 0.25% if redeemed within 1 month. | Not available |
Invesco India Equity Savings vs SBI BSE 100 ETF: 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 Equity Savings Fund (Direct) | +0.16% | −0.83% | +2.49% | −1.47% | +8.51% | +7.22% | -- |
| SBI BSE 100 ETF (Regular) | +0.93% | −5.53% | −2.97% | −9.05% | +8.78% | +7.62% | +11.52% |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | -- |
Category average: the average of the 23 Equity Savings funds, same plan type.
Invesco India Equity Savings vs SBI BSE 100 ETF: Year-wise Returns
| Year | Invesco India Equity SavingsInvesco India Equity Savings | SBI BSE 100 ETFSBI BSE 100 ETF |
|---|---|---|
| 2026to date | −0.44% | −9.80% |
| 2025 | +1.97% | +10.33% |
| 2024 | +18.39% | +13.11% |
| 2023 | +17.28% | +23.07% |
| 2022 | +0.11% | +5.85% |
| 2021 | +12.22% | +26.33% |
Invesco India Equity Savings vs SBI BSE 100 ETF: Rolling Returns
Every holding period of both funds, against BSE 100 TRI, the benchmark of SBI BSE 100 ETF
Rolling returns
Every 3-year holding period, 1,144 of them, one for each trading day from 08-03-2022 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Invesco India Equity Savings Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
to
Jul 2022May 2020
to
May 2023Feb 2021
to
Feb 2024Dec 2021
to
Dec 2024Sept 2022
to
Sept 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco India Equity Savings | 0.0 | 0.0 | 50.1 | 49.9 | 0.0 | 0.0 | 0.0 | 10.2% | 10.0% | 6.4% | 14.8% | 2% |
| SBI BSE 100 ETF | 0.0 | 0.0 | 4.3 | 33.8 | 48.1 | 9.3 | 4.5 | 16.2% | 15.8% | 6.8% | 32.6% | 1% |
| BSE 100 TRI | 0.0 | 0.0 | 3.8 | 32.3 | 49.1 | 10.0 | 4.8 | 16.4% | 16.0% | 7.0% | 32.8% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 100 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 08-03-2019. Past returns do not promise future returns.
Invesco India Equity Savings vs SBI BSE 100 ETF: 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 08-03-2019 to 30-10-2026: 92 instalments, ₹9,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Invesco India Equity SavingsInvesco India Equity Savings Fund (Direct) | ₹9,20,000 | ₹12,56,601 | ₹3,36,601 | 8.0% |
| SBI BSE 100 ETFSBI BSE 100 ETF (Regular) | ₹9,20,000 | ₹13,83,029 | ₹4,63,029 | 10.4% |
Invesco India Equity SavingsInvesco India Equity Savings Fund (Direct)
SBI BSE 100 ETFSBI BSE 100 ETF (Regular)
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 Equity Savings vs SBI BSE 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Invesco India Equity Savings Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | −1.47% | −9.05% |
| Standard deviation | 5.10% | 13.91% |
| Sharpe ratio | -1.32 | -1.03 |
| Sortino ratio | -1.78 | -1.36 |
| Maximum drawdown | −6.6% (30-03-2026) | −15.0% (31-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.16% |
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 Equity Savings Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +8.51% | +8.78% |
| Standard deviation | 5.30% | 13.55% |
| Sharpe ratio | 0.47 | 0.20 |
| Sortino ratio | 0.65 | 0.28 |
| Maximum drawdown | −6.8% (30-03-2026) | −16.7% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.18% |
From daily NAVs, 30-10-2023 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 Equity Savings Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +7.22% | +7.62% |
| Standard deviation | 5.33% | 13.90% |
| Sharpe ratio | 0.27 | 0.13 |
| Sortino ratio | 0.36 | 0.18 |
| Maximum drawdown | −8.0% (17-06-2022) | −16.7% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.17% |
From daily NAVs, 29-10-2021 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 Equity Savings Fund (Direct) | SBI BSE 100 ETF (Regular) |
|---|---|---|
| Return (CAGR) | +8.59% | +10.40% |
| Standard deviation | 6.04% | 15.99% |
| Sharpe ratio | 0.56 | 0.30 |
| Sortino ratio | 0.76 | 0.40 |
| Maximum drawdown | −13.6% (23-03-2020) | −38.2% (23-03-2020) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.44% |
From daily NAVs, 08-03-2019 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 Equity Savings Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Invesco India Equity Savings Fund (Direct) | −13.6% | 19-02-2020 | 23-03-2020 | 23-07-2020 | 4 months | −1.8% |
| SBI BSE 100 ETF (Regular) | −38.2% | 17-01-2020 | 23-03-2020 | 09-11-2020 | 8 months | −10.6% |
| BSE 100 TRI | −38.0% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −10.4% |
From daily values since 08-03-2019, 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 Equity Savings Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Invesco India Equity Savings Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Invesco India Equity Savings Fund (Direct)
SBI BSE 100 ETF (Regular)
BSE 100 TRI
Against BSE 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Invesco India Equity Savings Fund (Direct) | 45% | 27% | 11.71% |
| SBI BSE 100 ETF (Regular) | 100% | 100% | 0.07% |
From month-end values since 08-03-2019. 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 Equity Savings vs SBI BSE 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India Equity Savings Fund, September 2026; SBI BSE 100 ETF, September 2026
Holdings in common
- Overlap
- 39.0%
- Held by both
- 31
- Only in Invesco India Equity Savings
- 22
- Only in SBI BSE 100 ETF
- 69
| Security | % of Invesco India Equity Savings | % of SBI BSE 100 ETF |
|---|---|---|
| HDFC Bank Limited | 7.47% | 8.26% |
| Reliance Industries Limited | 5.29% | 6.01% |
| ICICI Bank Limited | 3.72% | 7.24% |
| Axis Bank Limited | 7.20% | 2.68% |
| Infosys Limited | 2.62% | 2.68% |
| Kotak Mahindra Bank Ltd | 6.30% | 2.34% |
| Bharti Airtel Limited | 1.62% | 4.18% |
| State Bank of India | 1.61% | 3.04% |
| Hindustan Unilever Limited | 2.37% | 1.28% |
| Tata Steel Limited | 1.17% | 1.16% |
| UltraTech Cement Limited | 1.23% | 0.98% |
| Shriram Finance Limited | 0.97% | 1.04% |
| Power Grid Corporation of India Limited | 0.85% | 0.91% |
| Sun Pharmaceutical Industries Limited | 0.71% | 1.50% |
| The Federal Bank Limited | 1.39% | 0.60% |
| Maruti Suzuki India Limited | 0.58% | 1.18% |
| Cholamandalam Investment and Finance Company Limited | 0.86% | 0.54% |
| IndusInd Bank Limited | 0.49% | 0.45% |
| AU Small Finance Bank Limited | 0.64% | 0.44% |
| Bajaj Finance Ltd | 0.40% | 1.96% |
| Indus Towers Limited | 0.57% | 0.37% |
| Bank of Baroda | 0.33% | 0.33% |
| The Indian Hotels Company Limited | 0.33% | 0.49% |
| SBI Life Insurance Company Limited | 0.32% | 0.58% |
| United Spirits Limited | 4.10% | 0.30% |
| InterGlobe Aviation Limited | 0.30% | 0.85% |
| Tata Consumer Products Limited | 0.19% | 0.47% |
| Jio Financial Services Limited | 0.17% | 0.55% |
| ICICI Lombard General Insurance Company Limited | 0.15% | 0.30% |
| Apollo Hospitals Enterprise Limited | 0.15% | 0.63% |
| Pidilite Industries Limited | 0.05% | 0.34% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.0% means 39.0% 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 Equity Savings Fund
| Security | % of fund |
|---|---|
| 7.49% Small Industries Dev Bank of India 2029 | 5.54% |
| Invesco India Liquid Fund - Direct Plan - Growth | 4.74% |
| 6.94% Government of India 2036 | 4.03% |
| Invesco India Short Term Fund - Direct Plan - Growth | 2.50% |
| Invesco India Ultra Short to Short Term Fund - Direct Plan - Growth | 2.01% |
Largest holdings only in SBI BSE 100 ETF
| Security | % of fund |
|---|---|
| Larsen & Toubro Ltd. | 3.35% |
| Mahindra & Mahindra Ltd. | 2.01% |
| ITC Ltd. | 1.94% |
| Eternal Ltd. | 1.76% |
| Tata Consultancy Services Ltd. | 1.58% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Invesco India Equity Savings | SBI BSE 100 ETF |
|---|---|---|
| Equity | 65.9% | 100.0% |
| Debt | 17.3% | 0.0% |
| Cash and others | 16.8% | 0.0% |
Market cap of stocks
| Market cap | Invesco India Equity Savings | SBI BSE 100 ETF |
|---|---|---|
| Large Cap | 50.6% | 90.2% |
| Mid Cap | 9.4% | 9.7% |
| Small Cap | 5.9% | 0.0% |
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 Equity Savings | SBI BSE 100 ETF |
|---|---|---|
| Banks | 29.1% | 26.7% |
| IT - Software | 2.6% | 7.5% |
| Petroleum Products | 5.3% | 6.8% |
| Automobiles | 2.5% | 6.5% |
| Finance | 2.4% | 5.8% |
| Telecom - Services | 2.2% | 4.5% |
| Beverages | 4.1% | 0.8% |
| Cement & Cement Products | 2.9% | 2.1% |
The six largest sectors of each fund's stocks, % of the fund.
Invesco India Equity Savings vs SBI BSE 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India Equity Savings Fund | SBI BSE 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.51% | Not available |
| Base expense ratio (Direct) | 0.79% | 0.00% |
| Total expense ratio (Regular) | 2.97% | 0.16% |
| Base expense ratio (Regular) | 2.06% | 0.12% |
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 Equity Savings with
Invesco India Equity Savings Fund vs SBI BSE 100 ETF: Frequently Asked Questions
What is the difference between Invesco India Equity Savings Fund and SBI BSE 100 ETF?
Invesco India Equity Savings Fund is an Equity Savings fund, SBI BSE 100 ETF is a mutual fund, run by Invesco Mutual Fund and SBI Mutual Fund. Their portfolios overlap 39.0%. Invesco India Equity Savings Fund charges 1.51% a year and SBI BSE 100 ETF 0.16%.
Which has given higher returns, Invesco India Equity Savings Fund or SBI BSE 100 ETF?
Over 1 year: Invesco India Equity Savings Fund −1.47%, SBI BSE 100 ETF −9.05%. Over 3 years: Invesco India Equity Savings Fund +8.51% a year, SBI BSE 100 ETF +8.78% a year. Over 5 years: Invesco India Equity Savings Fund +7.22% a year, SBI BSE 100 ETF +7.62% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Invesco India Equity Savings Fund or SBI BSE 100 ETF?
SBI BSE 100 ETF charges less: 0.16% a year against 1.51%. These are the total expense ratios reported to AMFI.
How much do Invesco India Equity Savings Fund and SBI BSE 100 ETF overlap?
39.0%. They hold 31 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is better for SIP, Invesco India Equity Savings Fund or SBI BSE 100 ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,29,112 in Invesco India Equity Savings Fund (XIRR 7.0% a year) and ₹7,13,638 in SBI BSE 100 ETF (XIRR 6.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Invesco India Equity Savings Fund and SBI BSE 100 ETF?
Yes. 39.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.