Invesco India Credit Risk Fund

Credit RiskDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Invesco India Credit Risk Fund is a Credit Risk fund run by Invesco Mutual Fund. On 30-09-2026, it managed ₹167 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 8.8% a year and its Regular plan returned 7.5% a year. Its benchmark, NIFTY Credit Risk Bond Index B-II, returned 6.5% a year over the same 3 years.

NAV (Direct plan): ₹2,348.05; ▼ 0.01%30-10-2026
NAV (Regular plan): ₹2,077.22; ▼ 0.01%30-10-2026
Expense ratio: 0.28%Direct1.46%Regular; 0.28%; A year
Riskometer: Moderate; Set by the fund house
3 year return: 8.8%Direct7.5%Regular; 8.8%; A year

Invesco India Credit Risk Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹2,348.05 (down 0.01% that day); Regular Plan Growth ₹2,077.22 (down 0.01% that day).

This fund (Direct plan)

₹2,348.0489

Invesco India Credit Risk Fund Returns vs NIFTY Credit Risk Bond Index B-II

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.03%	+0.35%	+2.88%	+6.99%	+8.76%	+8.34%	+6.44%
This fund (Regular)	−0.13%	+0.06%	+2.28%	+5.76%	+7.53%	+7.08%	+5.31%
NIFTY Credit Risk Bond Index B-II	+0.07%	+0.12%	+1.91%	+3.85%	+6.52%	+6.74%	--
Credit Risk average	−0.04%	+0.78%	+3.31%	+7.84%	+9.41%	+9.83%	+6.82%
Best in Credit Risk	+0.23%	+1.32%	+3.89%	+16.97%	+13.69%	+27.83%	+9.17%
Worst in Credit Risk	−0.17%	+0.35%	+2.76%	+5.00%	+7.09%	+6.26%	+2.38%
Rank in Credit Risk	5/13	13/13	11/13	6/13	6/13	4/12	9/11

Category rows compare the Direct plans of 13 Credit Risk funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

Invesco India Credit Risk Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+5.78%	+4.77%
2025	+10.47%	+9.19%
2024	+8.46%	+7.29%
2023	+12.99%	+11.62%
2022	+3.48%	+2.23%
2021	+4.00%	+2.79%

Invesco India Credit Risk Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,212 periods, one for each trading day from 08-09-2017 to 30-10-2026.

0%2%4%6%8%10%12%

Jun 2015
to
Jun 2018Dec 2016
to
Dec 2019Jul 2018
to
Jul 2021Jan 2020
to
Jan 2023Aug 2021
to
Aug 2024Feb 2023
to
Feb 2026

Invesco India Credit Risk Fund (Direct)Category average, 13 Credit Risk funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	2,693	8.5%	−5.8%	13.7%	9%	8.6%	39%
2 years	2,454	7.6%	−0.2%	12.1%	0%	7.5%	43%
3 years	2,212	6.5%	2.4%	10.8%	0%	7.6%	26%
5 years	1,729	6.0%	3.3%	8.6%	0%	6.3%	15%
7 years	1,245	5.6%	5.2%	8.3%	0%	6.7%	14%
10 years	519	6.8%	6.4%	7.1%	0%	7.5%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	134	8.6%	−8.6%	14.3%	7%	8.6%	37%
2 years	122	8.0%	−3.7%	12.3%	8%	7.9%	46%
3 years	110	7.2%	−0.5%	11.6%	2%	7.2%	42%
5 years	86	5.5%	3.6%	9.6%	0%	6.2%	29%
7 years	62	6.5%	4.2%	8.8%	0%	6.7%	3%
10 years	26	7.2%	6.5%	7.6%	0%	7.7%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 13 Credit Risk funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Invesco India Credit Risk Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Invesco India Credit Risk Fund (Direct)This fund	Category average
Return (CAGR)	+6.99%	+7.84%
Standard deviation	1.66%	1.21%
Sharpe ratio	1.05	2.14
Sortino ratio	2.23	3.69
Maximum drawdown	−0.49% (23-10-2026)	−0.36% (23-10-2026)

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.

Measure	Invesco India Credit Risk Fund (Direct)This fund	Category average
Return (CAGR)	+8.76%	+9.43%
Standard deviation	1.51%	1.13%
Sharpe ratio	1.81	3.03
Sortino ratio	4.16	6.53
Maximum drawdown	−0.49% (23-10-2026)	−0.36% (23-10-2026)

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.

Measure	Invesco India Credit Risk Fund (Direct)This fund	Category average
Return (CAGR)	+8.34%	+8.38%
Standard deviation	2.14%	1.12%
Sharpe ratio	1.18	2.30
Sortino ratio	3.70	4.39
Maximum drawdown	−1.0% (06-05-2022)	−1.1% (06-05-2022)

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.

Measure	Invesco India Credit Risk Fund (Direct)This fund	Category average
Return (CAGR)	+6.44%	+7.15%
Standard deviation	3.10%	1.58%
Sharpe ratio	0.33	1.11
Sortino ratio	0.39	1.54
Maximum drawdown	−8.0% (12-06-2019)	−3.7% (24-03-2020)

From daily NAVs, 28-10-2016 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.

Measure	Invesco India Credit Risk Fund (Direct)This fund	Category average
Return (CAGR)	+7.27%	+7.86%
Standard deviation	2.84%	1.48%
Sharpe ratio	0.54	1.44
Sortino ratio	0.64	2.03
Maximum drawdown	−8.0% (12-06-2019)	−3.7% (24-03-2020)

From daily NAVs, 08-09-2014 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.

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.

−8%−6%−4%−2%0%

201520172019202120232025

Invesco India Credit Risk Fund (Direct)Category average, 13 Credit Risk funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Invesco India Credit Risk Fund (Direct)	−8.0%	15-01-2019	12-06-2019	22-05-2020	11 months	−0.34%
Category average	−3.7%	14-02-2020	24-03-2020	30-07-2020	4 months	−0.13%

From the Direct plan's daily NAV since 08-09-2014, adjusted for unit splits, and the average of the 13 Credit Risk funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Invesco India Credit Risk Fund vs Other Credit Risk Funds

The five Credit Risk funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
DSP Credit Risk Fund	1/13	326	0.42%	+10.33%	+13.69%	--	--	1.25	7.29	Compare
Aditya Birla Sun Life Credit Risk Fund	2/13	1,657	0.80%	+11.12%	+12.89%	--	--	2.03	10.06	Compare
HSBC Credit Risk Fund	3/13	441	0.84%	+5.68%	+11.54%	--	--	0.86	11.11	Compare
Bank of India Credit Risk Fund	4/13	74	0.61%	+16.97%	+10.00%	--	--	0.93	11.45	Compare
ICICI Prudential Credit Risk Fund	5/13	6,320	0.80%	+6.83%	+8.82%	--	--	2.37	3.61	Compare
Invesco India Credit Risk Fund	6/13	167	0.28%	+6.99%	+8.76%	--	--	1.81	4.16

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Invesco India Credit Risk Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Credit Risk median	Cost rank (1 = cheapest)
Direct	0.24%	0.00%	0.00%	0.04%	0.28%	0.80%	1/13
Regular	1.24%	0.00%	0.00%	0.22%	1.46%	1.51%	6/13

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Credit Risk funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	5.76%	6.99%	1.23%	₹1,05,760	₹1,06,990
3 years	7.53%	8.76%	1.23% a year	₹1,24,334	₹1,28,649
5 years	7.08%	8.34%	1.26% a year	₹1,40,780	₹1,49,260
10 years	5.31%	6.44%	1.13% a year	₹1,67,763	₹1,86,659

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Invesco India Credit Risk Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 08-09-2014 to 30-10-2026: 146 instalments, ₹14,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planInvesco India Credit Risk Fund (Direct)	₹14,60,000	₹22,96,340	₹8,36,340	7.2%
Regular planInvesco India Credit Risk Fund (Regular)	₹14,60,000	₹21,31,243	₹6,71,243	6.0%
Category averageCategory average, 13 Credit Risk funds	₹14,60,000	₹23,78,171	₹9,18,171	7.7%

₹0₹5.0 L₹10.0 L₹15.0 L₹20.0 L₹25.0 L

201520172019202120232025

Direct planInvesco India Credit Risk Fund (Direct)Regular planInvesco India Credit Risk Fund (Regular)Category averageCategory average, 13 Credit Risk fundsAmount invested

From each plan's published NAV (Growth option) and the category average, 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 Credit Risk Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

84.1%Debt

Asset	Fund	Category
Debt	84.1%	79.5%
Cash and others	15.8%	20.5%
Equity	0.1%	0.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	0.0%	0.0%
Mid Cap	0.0%	0.0%
Small Cap	0.0%	0.0%
Not on AMFI's list	0.1%	0.1%

Share of the whole fund. Category: the average of the Credit Risk funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 13 Credit Risk funds.

Rating	Fund	Category
Sovereign	28.9%	9.3%
AA	55.2%	56.7%

Invesco India Credit Risk Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Textiles & Apparels0.1%

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Textiles & Apparels	0.1%	0.1%	0.1%	0.0%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Invesco India Credit Risk Fund Portfolio Holdings

As on 30-09-2026 · 16 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
6.68% Government of India 2040 · Government security	SOVEREIGN	11.29%
6.79% Government of India 2034 · Government security	SOVEREIGN	8.76%
9.25% Truhome Finance Limited 2027 · Bond	CRISIL AA	8.74%
7.51% Tata Housing Development Company Limited 2028 · Bond	CARE AA	8.21%
8% Adani Power Limited 2028 · Bond	CRISIL AA	8.18%
8.65% Aadhar Housing Finance Limited 2027 · Bond	ICRA AA+	7.80%
8.29% ONGC Petro Additions Limited 2027 · Bond	CRISIL AA+	7.19%
7.87% Lodha Developers Limited 2029 · Bond	CRISIL AA	6.15%
8.75% 360 One Prime Limited 2027 · Bond	ICRA AA	5.96%
7.32% Government of India 2030 · Government security	SOVEREIGN	3.03%
8.35% Aditya Birla Real Estate Limited 2027 · Bond	CRISIL AA	2.99%
6.94% Government of India 2036 · Government security	SOVEREIGN	2.94%
6.48% Government of India 2035 · Government security	SOVEREIGN	2.85%
Roadstar Infra Investment Trust		0.46%
Corporate Debt Market Development Fund Class A2		0.29%
Sintex Industries Ltd	Textiles & Apparels	0.07%	0.0%

Invesco India Credit Risk Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

No stocks were bought or sold in September 2026.

What Invesco India Credit Risk Fund bought and sold

Invesco India Credit Risk Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Invesco India Medium Term FundMedium Duration · Invesco	25.1%	5	Compare
DSP Credit Risk FundCredit Risk · DSP	15.8%	6	Compare
Bandhan Credit Risk FundCredit Risk · Bandhan	15.8%	4	Compare
Bandhan 10 year Constant Maturity Gilt FundGilt · Bandhan	14.2%	2	Compare
HSBC Conservative Hybrid FundConservative Hybrid · HSBC	12.4%	5	Compare
SBI 10 Year Constant Maturity Gilt FundGilt · SBI	12.3%	3	Compare
LIC MF Conservative Hybrid FundConservative Hybrid · LIC	12.1%	3	Compare
Axis Conservative Hybrid FundConservative Hybrid · Axis	12.0%	3	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Invesco India Credit Risk Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.28%
Expense ratio (Regular): 1.46%
Category: Credit Risk
Risk: Moderate
Benchmark: NIFTY Credit Risk Bond Index B-II
Launch date: 04-09-2014
Minimum investment: Not available
Minimum additional investment: Not available
AUM: ₹167.37 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 130722
ISIN (Direct): INF205K01I83
Scheme code (Regular): 130721
ISIN (Regular): INF205K01I34
NAV history: From 08-09-2014, 12.1 years

Exit load: Exit load of 1%, if redeemed within 1 year.

Tax on Invesco India Credit Risk Fund returns

Invesco India Credit Risk Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹2,348.0489	30-10-2026
direct	Discretionary IDCW	₹2,365.5684	30-10-2026
direct	Monthly IDCW	₹1,176.852	30-10-2026
regular	Growth	₹2,077.2169	30-10-2026
regular	Discretionary IDCW	₹2,076.5459	30-10-2026
regular	Monthly IDCW	₹1,187.4371	30-10-2026

About Invesco India Credit Risk Fund

Invesco India Credit Risk Fund is a mutual fund from Invesco Mutual Fund. Its category is Credit Risk. It was launched on 04-09-2014. Its benchmark is NIFTY Credit Risk Bond Index B-II. At the end of September 2026 it held 16 securities.

Fund Manager

Krishna Cheemalapati
Fund manager of Invesco India Credit Risk Fund
Vikas Garg
Fund manager of Invesco India Credit Risk Fund

See all funds of Invesco Mutual Fund

AUM change

September 2026: ₹167.37 Cr; +0.22% from August 2026
August 2026: ₹167.01 Cr; +0.90% from July 2026
July 2026: ₹165.52 Cr; +1.30% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Invesco India Credit Risk Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Invesco India Credit Risk vs DSP Credit Risk15.8% overlap
Invesco India Credit Risk vs Aditya Birla Sun Life Credit RiskCredit Risk
Invesco India Credit Risk vs HSBC Credit RiskCredit Risk
Invesco India Credit Risk vs Bank of India Credit RiskCredit Risk
Invesco India Credit Risk vs ICICI Prudential Credit RiskCredit Risk
Invesco India Credit Risk vs Invesco India Medium Term25.1% overlap
Invesco India Credit Risk vs Bandhan Credit Risk15.8% overlap
Invesco India Credit Risk vs Bandhan 10 year Constant Maturity Gilt14.2% overlap

Compare with any other fund

Frequently Asked Questions for Invesco India Credit Risk Fund

What is the current NAV of Invesco India Credit Risk Fund?

The Direct plan NAV is ₹2,348.0489. The Regular plan NAV is ₹2,077.2169, as on 30-10-2026.

What are the returns of Invesco India Credit Risk Fund?

The Direct plan returned +6.99% in 1 year, +8.76% a year over 3 years, +8.34% a year over 5 years. The Regular plan returned +5.76% in 1 year, +7.53% a year over 3 years, +7.08% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Invesco India Credit Risk Fund?

The Direct plan charges 0.28% a year. The Regular plan charges 1.46% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of Invesco India Credit Risk Fund?

Invesco India Credit Risk Fund managed ₹167.37 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Invesco India Credit Risk Fund?

At the end of September 2026 the largest holdings were 6.68% Government of India 2040 (11.29%), 6.79% Government of India 2034 (8.76%), 9.25% Truhome Finance Limited 2027 (8.74%), 7.51% Tata Housing Development Company Limited 2028 (8.21%), 8% Adani Power Limited 2028 (8.18%). The fund held 16 securities in all.

How do I invest in Invesco India Credit Risk Fund?

Through Invesco Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.

Who is the fund manager of Invesco India Credit Risk Fund?

Krishna Cheemalapati, Vikas Garg.

What is the exit load of Invesco India Credit Risk Fund?

Exit load of 1%, if redeemed within 1 year.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.