Invesco India ESG Integration Strategy Fund vs JM Focused Fund
Direct Plan, Growth option · Data as on 30-10-2026
Invesco India ESG Integration Strategy Fund is a Thematic fund and JM Focused Fund is a Focused fund. In the 3 years to 30-10-2026, Invesco India ESG Integration Strategy Fund (Direct) returned 9.3% a year and JM Focused Fund (Direct) returned 11.0% a year. Invesco India ESG Integration Strategy Fund charges 1.28% a year and JM Focused Fund 1.25% (Direct plans). Their portfolios overlap 25.6%: they hold 9 of the same securities.
Invesco India ESG Integration Strategy Fund
Thematic
- 3 year return
- 9.3%
- Expense ratio
- 1.28%
- NAV
- ₹17.98
Which is better, Invesco India ESG Integration Strategy or JM Focused? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- JM Focused returned more over 5 years: 10.7% a year against 6.3%.
- JM Focused returned more over 3 years: 11.0% a year against 9.3%.
- JM Focused costs less: 1.25% a year against 1.28% (Direct plans).
- Invesco India ESG Integration Strategy swung less over 3 years: a standard deviation of 14.3% a year against 16.5%.
- JM Focused fell less in its worst fall since 22-03-2021: −19.6% against −22.8%.
- Invesco India ESG Integration Strategy holds more in large companies: 74.9% of the fund in large caps against 44.0%.
- Invesco India ESG Integration Strategy is the larger fund: ₹360 Cr against ₹274 Cr.
- Their portfolios overlap 25.6%: 9 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 ESG Integration Strategy Fund | JM Focused Fund |
|---|---|---|
| Fund house | Invesco Mutual Fund | JM Financial Mutual Fund |
| Category | Thematic | Focused |
| AUM | ₹360 Cr (30-09-2026) | ₹274 Cr (30-09-2026) |
| NAV | ₹17.98 (Direct) | ₹22.36 (Direct) |
| Expense ratio (Direct) | 1.28% | 1.25% |
| Expense ratio (Regular) | 2.56% | 2.85% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 ESG TRI | BSE 500 TRI |
| Launch date | 20-03-2021 | 05-03-2008 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | None | None |
| Fund managers | Taher Badshah, Haresh Kapoor | Asit Bhandarkar, Satish Ramanathan, Deepak Gupta, Ruchi Fozdar |
| Exit load | Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days | Exit load of 1%, if redeemed within 30 days. |
Invesco India ESG Integration Strategy vs JM Focused: 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 ESG Integration Strategy Fund (Direct) | +1.18% | −3.18% | +5.70% | −5.91% | +9.27% | +6.26% | -- |
| JM Focused Fund (Direct) | −3.31% | −6.29% | −0.66% | −7.99% | +11.02% | +10.67% | +11.82% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | +10.21% | +13.15% |
Category average: the average of the 235 Thematic funds and the 28 Focused funds, same plan type.
Invesco India ESG Integration Strategy vs JM Focused: Year-wise Returns
| Year | Invesco India ESG Integration StrategyInvesco India ESG Integration Strategy | JM FocusedJM Focused |
|---|---|---|
| 2026to date | −3.80% | −5.27% |
| 2025 | −1.79% | −0.33% |
| 2024 | +22.46% | +26.10% |
| 2023 | +26.24% | +34.05% |
| 2022 | −8.95% | +7.94% |
| 2021 | -- | +17.62% |
Invesco India ESG Integration Strategy vs JM Focused: Rolling Returns
Every holding period of both funds, against NIFTY100 ESG TRI, the benchmark of Invesco India ESG Integration Strategy Fund
Rolling returns
Every 3-year holding period, 641 of them, one for each trading day from 22-03-2024 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 ESG Integration Strategy Fund (Direct)
JM Focused Fund (Direct)
NIFTY100 ESG TRI
to
Jun 2024Nov 2021
to
Nov 2024Apr 2022
to
Apr 2025Oct 2022
to
Oct 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 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 ESG Integration Strategy | 0.0 | 0.0 | 9.5 | 56.9 | 31.5 | 2.0 | 0.0 | 13.7% | 14.1% | 7.5% | 20.7% | 61% |
| JM Focused | 0.0 | 0.0 | 0.3 | 10.1 | 42.1 | 38.7 | 8.7 | 19.8% | 19.7% | 9.5% | 27.0% | 100% |
| NIFTY100 ESG TRI | 0.0 | 0.0 | 8.1 | 58.5 | 33.4 | 0.0 | 0.0 | 13.7% | 14.0% | 7.9% | 19.2% | -- |
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 NIFTY100 ESG 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 22-03-2021. Past returns do not promise future returns.
Invesco India ESG Integration Strategy vs JM Focused: 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 22-03-2021 to 30-10-2026: 68 instalments, ₹6,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Invesco India ESG Integration StrategyInvesco India ESG Integration Strategy Fund (Direct) | ₹6,80,000 | ₹8,38,558 | ₹1,58,558 | 7.3% |
| JM FocusedJM Focused Fund (Direct) | ₹6,80,000 | ₹9,10,208 | ₹2,30,208 | 10.2% |
Invesco India ESG Integration StrategyInvesco India ESG Integration Strategy Fund (Direct)
JM FocusedJM Focused 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 ESG Integration Strategy vs JM Focused: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Invesco India ESG Integration Strategy Fund (Direct) | JM Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.91% | −7.99% |
| Standard deviation | 14.94% | 17.51% |
| Sharpe ratio | -0.75 | -0.76 |
| Sortino ratio | -1.01 | -1.03 |
| Maximum drawdown | −18.7% (30-03-2026) | −17.7% (23-03-2026) |
| Beta | 1.00 | 1.17 |
| Alpha | −0.10% | +1.80% |
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 ESG Integration Strategy Fund (Direct) | JM Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.27% | +11.02% |
| Standard deviation | 14.27% | 16.54% |
| Sharpe ratio | 0.23 | 0.30 |
| Sortino ratio | 0.31 | 0.41 |
| Maximum drawdown | −22.3% (30-03-2026) | −19.5% (23-03-2026) |
| Beta | 0.98 | 1.09 |
| Alpha | −1.17% | +0.78% |
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 ESG Integration Strategy Fund (Direct) | JM Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.26% | +10.67% |
| Standard deviation | 14.01% | 16.08% |
| Sharpe ratio | 0.03 | 0.30 |
| Sortino ratio | 0.04 | 0.41 |
| Maximum drawdown | −22.8% (20-06-2022) | −19.5% (23-03-2026) |
| Beta | 0.94 | 1.06 |
| Alpha | −0.76% | +1.85% |
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 ESG Integration Strategy Fund (Direct) | JM Focused Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.05% | +13.38% |
| Standard deviation | 13.71% | 18.98% |
| Sharpe ratio | 0.40 | 0.39 |
| Sortino ratio | 0.55 | 0.53 |
| Maximum drawdown | −22.8% (20-06-2022) | −37.4% (23-03-2020) |
| Beta | 0.92 | 1.11 |
| Alpha | +1.04% | −0.15% |
From daily NAVs, 22-03-2021 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.
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 ESG Integration Strategy Fund (Direct)
JM Focused Fund (Direct)
NIFTY100 ESG TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Invesco India ESG Integration Strategy Fund (Direct) | −22.8% | 17-01-2022 | 20-06-2022 | 04-09-2023 | 14 months | −10.1% |
| JM Focused Fund (Direct) | −19.6% | 18-10-2021 | 20-06-2022 | 30-11-2022 | 5 months | −10.0% |
| NIFTY100 ESG TRI | −19.9% | 17-01-2022 | 17-06-2022 | 14-07-2023 | 13 months | −8.8% |
From daily values since 22-03-2021, 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 ESG Integration Strategy Fund (Direct)
JM Focused Fund (Direct)
NIFTY100 ESG 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 ESG Integration Strategy Fund (Direct)
JM Focused Fund (Direct)
NIFTY100 ESG 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 ESG Integration Strategy Fund (Direct)
JM Focused Fund (Direct)
NIFTY100 ESG TRI
Against NIFTY100 ESG TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Invesco India ESG Integration Strategy Fund (Direct) | 100% | 96% | 5.71% |
| JM Focused Fund (Direct) | 100% | 81% | 7.84% |
From month-end values since 22-03-2021. 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 ESG Integration Strategy vs JM Focused: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India ESG Integration Strategy Fund, September 2026; JM Focused Fund, September 2026
Holdings in common
- Overlap
- 25.6%
- Held by both
- 9
- Only in Invesco India ESG Integration Strategy
- 31
- Only in JM Focused
- 18
| Security | % of Invesco India ESG Integration Strategy | % of JM Focused |
|---|---|---|
| Bajaj Finance Ltd | 4.81% | 4.61% |
| Eternal Limited | 3.82% | 4.09% |
| Titan Company Limited | 4.00% | 3.69% |
| Eicher Motors Limited | 2.98% | 3.79% |
| HDFC Bank Limited | 4.11% | 2.59% |
| Shriram Finance Limited | 2.50% | 3.45% |
| InterGlobe Aviation Limited | 2.21% | 3.48% |
| Samvardhana Motherson International Limited | 2.04% | 4.17% |
| Amber Enterprises India Limited | 1.16% | 3.86% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 25.6% means 25.6% 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 ESG Integration Strategy Fund
| Security | % of fund |
|---|---|
| ICICI Bank Limited | 6.74% |
| Bharti Airtel Limited | 4.95% |
| Axis Bank Limited | 4.03% |
| Infosys Limited | 3.45% |
| Tech Mahindra Limited | 3.38% |
Largest holdings only in JM Focused Fund
| Security | % of fund |
|---|---|
| Ujjivan Small Finance Bank Limited | 5.05% |
| One 97 Communications Limited | 4.60% |
| Honasa Consumer Limited | 4.53% |
| Larsen & Toubro Limited | 4.53% |
| Lodha Developers Limited | 4.15% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Invesco India ESG Integration Strategy | JM Focused |
|---|---|---|
| Equity | 98.4% | 94.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.6% | 5.8% |
Market cap of stocks
| Market cap | Invesco India ESG Integration Strategy | JM Focused |
|---|---|---|
| Large Cap | 74.9% | 44.0% |
| Mid Cap | 5.4% | 23.3% |
| Small Cap | 18.1% | 25.8% |
| Not on AMFI's list | 0.0% | 1.1% |
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 ESG Integration Strategy | JM Focused |
|---|---|---|
| Banks | 19.6% | 11.6% |
| IT - Software | 11.8% | 0.0% |
| Finance | 11.2% | 8.1% |
| Auto Components | 3.7% | 10.1% |
| Capital Markets | 8.2% | 6.6% |
| Consumer Durables | 5.2% | 7.5% |
| Pharmaceuticals & Biotechnology | 6.1% | 4.0% |
| Financial Technology (Fintech) | 0.0% | 4.6% |
The six largest sectors of each fund's stocks, % of the fund.
Invesco India ESG Integration Strategy vs JM Focused: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India ESG Integration Strategy Fund | JM Focused Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.28% | 1.25% |
| Base expense ratio (Direct) | 0.98% | 0.72% |
| Total expense ratio (Regular) | 2.56% | 2.85% |
| Base expense ratio (Regular) | 2.09% | 2.10% |
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 ESG Integration Strategy with
- Invesco India ESG Integration Strategy vs Nippon India Taiwan Equity
- Invesco India ESG Integration Strategy vs HDFC Defence
- Invesco India ESG Integration Strategy vs HDFC Pharma and Healthcare
- Invesco India ESG Integration Strategy vs SBI Healthcare Opportunities
- Invesco India ESG Integration Strategy vs Aditya Birla Sun Life International Equity
Invesco India ESG Integration Strategy Fund vs JM Focused Fund: Frequently Asked Questions
What is the difference between Invesco India ESG Integration Strategy Fund and JM Focused Fund?
Invesco India ESG Integration Strategy Fund is a Thematic fund, JM Focused Fund is a Focused fund, run by Invesco Mutual Fund and JM Financial Mutual Fund. Their portfolios overlap 25.6%. Invesco India ESG Integration Strategy Fund charges 1.28% a year and JM Focused Fund 1.25%.
Which has given higher returns, Invesco India ESG Integration Strategy Fund or JM Focused Fund?
Over 1 year: Invesco India ESG Integration Strategy Fund −5.91%, JM Focused Fund −7.99%. Over 3 years: Invesco India ESG Integration Strategy Fund +9.27% a year, JM Focused Fund +11.02% a year. Over 5 years: Invesco India ESG Integration Strategy Fund +6.26% a year, JM Focused Fund +10.67% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Invesco India ESG Integration Strategy Fund or JM Focused Fund?
JM Focused Fund charges less: 1.25% a year against 1.28%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Invesco India ESG Integration Strategy Fund and JM Focused Fund overlap?
25.6%. They hold 9 of the same securities, the largest shared ones being BAJFINANCE, ETERNAL, TITAN. From each fund's latest monthly portfolio.
Which is riskier, Invesco India ESG Integration Strategy Fund or JM Focused Fund?
On SEBI's riskometer, Invesco India ESG Integration Strategy Fund is rated Very High and JM Focused Fund Very High. Over 3 years, the standard deviation of daily returns was 14.27% and 16.54% a year.
Which is better for SIP, Invesco India ESG Integration Strategy Fund or JM Focused Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,22,582 in Invesco India ESG Integration Strategy Fund (XIRR 6.6% a year) and ₹7,74,889 in JM Focused Fund (XIRR 9.4% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Invesco India ESG Integration Strategy Fund and JM Focused Fund?
Yes. 25.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Invesco India ESG Integration Strategy Fund and JM Focused Fund?
Invesco India ESG Integration Strategy Fund: Taher Badshah, Haresh Kapoor. JM Focused Fund: Asit Bhandarkar, Satish Ramanathan, Deepak Gupta, Ruchi Fozdar.
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.