Invesco India Large cap Fund vs Parag Parikh Large Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Invesco India Large cap Fund and Parag Parikh Large Cap Fund are both Large Cap funds. Invesco India Large cap Fund charges 0.91% a year and Parag Parikh Large Cap Fund 0.32% (Direct plans). Their portfolios overlap 47.0%: they hold 34 of the same securities.
Which is better, Invesco India Large cap or Parag Parikh Large Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Parag Parikh Large Cap costs less: 0.32% a year against 0.91% (Direct plans).
- Invesco India Large cap fell less in its worst fall since 06-02-2026: −13.5% against −13.8%.
- Parag Parikh Large Cap holds more in large companies: 97.4% of the fund in large caps against 80.4%.
- Invesco India Large cap is the larger fund: ₹1,925 Cr against ₹866 Cr.
- Their portfolios overlap 47.0%: 34 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 Large cap Fund | Parag Parikh Large Cap Fund |
|---|---|---|
| Fund house | Invesco Mutual Fund | PPFAS Mutual Fund |
| Category | Large Cap | Large Cap |
| AUM | ₹1,925 Cr (30-09-2026) | ₹866 Cr (30-09-2026) |
| NAV | ₹84.40 (Direct) | ₹9.20 (Direct) |
| Expense ratio (Direct) | 0.91% | 0.32% |
| Expense ratio (Regular) | 2.18% | 0.72% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 TRI | Nifty 100 TRI |
| Launch date | 21-08-2009 | 04-02-2026 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | None | None |
| Fund managers | Hiten Jain, Deepak Gupta | Rajeev Thakkar, Rukun Tarachandani, Raj Mehta, Raunak Onkar, Tejas Soman, Aishwarya Dhar |
| Exit load | Nil | NIL |
Invesco India Large cap vs Parag Parikh Large 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 Large cap Fund (Direct) | +0.84% | −3.48% | +3.33% | −2.38% | +14.04% | +10.24% | +13.45% |
| Parag Parikh Large Cap Fund (Direct) | +1.04% | −5.22% | −2.88% | -- | -- | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | -- | -- | -- | -- |
Category average: the average of the 35 Large Cap funds, same plan type.
Invesco India Large cap vs Parag Parikh Large Cap: Year-wise Returns
| Year | Invesco IndiaInvesco India Large cap | Parag ParikhParag Parikh Large Cap | Nifty 100 TRI |
|---|---|---|---|
| 2026to date | −1.36% | -- | −9.32% |
| 2025 | +6.88% | -- | +10.24% |
| 2024 | +21.68% | -- | +12.95% |
| 2023 | +29.61% | -- | +21.24% |
| 2022 | −1.53% | -- | +4.94% |
| 2021 | +34.42% | -- | +26.45% |
Invesco India Large cap vs Parag Parikh Large Cap: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of both
Invesco India Large cap vs Parag Parikh Large Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Invesco India Large cap Fund (Direct) | Parag Parikh Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.41% | −10.75% |
| Standard deviation | 15.39% | 15.01% |
| Sharpe ratio | 0.54 | -1.06 |
| Sortino ratio | 0.74 | -1.40 |
| Maximum drawdown | −36.9% (23-03-2020) | −13.8% (30-03-2026) |
| Beta | 0.94 | 0.99 |
| Alpha | +2.79% | −0.02% |
From daily NAVs, 02-01-2013 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 Large cap Fund (Direct)
Parag Parikh Large Cap Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Invesco India Large cap Fund (Direct) | −13.5% | 10-02-2026 | 30-03-2026 | 18-06-2026 | 3 months | −6.1% |
| Parag Parikh Large Cap Fund (Direct) | −13.8% | 11-02-2026 | 30-03-2026 | Not yet | -- | −9.0% |
| Nifty 100 TRI | −13.9% | 11-02-2026 | 30-03-2026 | Not yet | -- | −9.1% |
From daily values since 06-02-2026, the first day every fund has.
Invesco India Large cap vs Parag Parikh Large Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India Large cap Fund, September 2026; Parag Parikh Large Cap Fund, September 2026
Holdings in common
- Overlap
- 47.0%
- Held by both
- 34
- Only in Invesco India Large cap
- 21
- Only in Parag Parikh Large Cap
- 68
| Security | % of Invesco India Large cap | % of Parag Parikh Large Cap |
|---|---|---|
| ICICI Bank Limited | 8.31% | 7.30% |
| HDFC Bank Limited | 4.15% | 8.36% |
| Larsen & Toubro Limited | 3.53% | 3.39% |
| Bharti Airtel Limited | 2.92% | 4.14% |
| Axis Bank Limited | 2.75% | 2.71% |
| Infosys Limited | 3.57% | 2.70% |
| Mahindra & Mahindra Limited | 2.26% | 2.03% |
| Bajaj Finance Ltd | 3.21% | 2.01% |
| Eternal Limited | 3.83% | 1.78% |
| Titan Company Limited | 2.39% | 1.46% |
| Tata Steel Limited | 1.17% | 1.17% |
| Shriram Finance Limited | 1.06% | 1.06% |
| UltraTech Cement Limited | 2.04% | 1.00% |
| BSE Limited | 1.91% | 0.97% |
| Bajaj Auto Limited | 1.67% | 0.93% |
| Divi's Laboratories Limited | 1.45% | 0.91% |
| Hindalco Industries Limited | 0.88% | 1.05% |
| InterGlobe Aviation Limited | 3.64% | 0.87% |
| Asian Paints Limited | 1.16% | 0.84% |
| Eicher Motors Limited | 2.23% | 0.76% |
| Tech Mahindra Limited | 2.93% | 0.75% |
| Bharat Electronics Limited | 0.71% | 1.07% |
| Hindustan Aeronautics Limited | 1.03% | 0.68% |
| Trent Limited | 1.06% | 0.67% |
| Samvardhana Motherson International Limited | 1.15% | 0.56% |
| Torrent Pharmaceuticals Limited | 2.50% | 0.54% |
| Cholamandalam Investment and Finance Company Limited | 2.11% | 0.54% |
| Max Healthcare Institute Limited | 1.82% | 0.53% |
| Avenue Supermarts Limited | 1.78% | 0.47% |
| CG Power and Industrial Solutions Limited | 1.82% | 0.45% |
| Bank of Baroda | 1.22% | 0.33% |
| Polycab India Limited | 0.83% | 0.33% |
| DLF Limited | 0.70% | 0.33% |
| ABB India Limited | 1.81% | 0.27% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.0% means 47.0% 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 Large cap Fund
| Security | % of fund |
|---|---|
| ICICI Prudential Asset Management Company Limited | 3.97% |
| Indian Bank | 2.64% |
| Coforge Limited | 2.47% |
| Poly Medicure Limited | 1.51% |
| Multi Commodity Exchange of India Limited | 1.13% |
Largest holdings only in Parag Parikh Large Cap Fund
| Security | % of fund |
|---|---|
| Reliance Industries Limited | 6.18% |
| State Bank of India | 3.06% |
| Kotak Mahindra Bank Limited | 2.37% |
| ITC Limited | 1.95% |
| Tata Consultancy Services Limited | 1.61% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Invesco India Large cap | Parag Parikh Large Cap |
|---|---|---|
| Equity | 99.1% | 99.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.9% | 0.5% |
Market cap of stocks
| Market cap | Invesco India Large cap | Parag Parikh Large Cap |
|---|---|---|
| Large Cap | 80.4% | 97.4% |
| Mid Cap | 9.4% | 2.0% |
| Small Cap | 8.4% | 0.1% |
| Not on AMFI's list | 0.9% | 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 Large cap | Parag Parikh Large Cap |
|---|---|---|
| Banks | 19.1% | 25.0% |
| IT - Software | 9.0% | 6.7% |
| Retailing | 7.5% | 2.9% |
| Finance | 7.2% | 6.2% |
| Petroleum Products | 0.0% | 7.0% |
| Automobiles | 7.0% | 6.3% |
| Capital Markets | 7.0% | 1.3% |
| Telecom - Services | 2.9% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
Invesco India Large cap vs Parag Parikh Large Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India Large cap Fund | Parag Parikh Large Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.91% | 0.32% |
| Base expense ratio (Direct) | 0.67% | 0.14% |
| Total expense ratio (Regular) | 2.18% | 0.72% |
| Base expense ratio (Regular) | 1.77% | 0.48% |
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 Large cap with
Invesco India Large cap Fund vs Parag Parikh Large Cap Fund: Frequently Asked Questions
What is the difference between Invesco India Large cap Fund and Parag Parikh Large Cap Fund?
Both are Large Cap funds, run by Invesco Mutual Fund and PPFAS Mutual Fund. Their portfolios overlap 47.0%. Invesco India Large cap Fund charges 0.91% a year and Parag Parikh Large Cap Fund 0.32%.
Which has the lower expense ratio, Invesco India Large cap Fund or Parag Parikh Large Cap Fund?
Parag Parikh Large Cap Fund charges less: 0.32% a year against 0.91%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Invesco India Large cap Fund and Parag Parikh Large Cap Fund overlap?
47.0%. They hold 34 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, LT. From each fund's latest monthly portfolio.
Which is riskier, Invesco India Large cap Fund or Parag Parikh Large Cap Fund?
On SEBI's riskometer, Invesco India Large cap Fund is rated Very High and Parag Parikh Large Cap Fund Very High. Over their common history, the standard deviation of daily returns was 15.39% and 15.01% a year.
Can I invest in both Invesco India Large cap Fund and Parag Parikh Large Cap Fund?
Yes. 47.0% 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 Large cap Fund and Parag Parikh Large Cap Fund?
Invesco India Large cap Fund: Hiten Jain, Deepak Gupta. Parag Parikh Large Cap Fund: Rajeev Thakkar, Rukun Tarachandani, Raj Mehta, Raunak Onkar, Tejas Soman, Aishwarya Dhar.
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.