Investment Objective and Approach

The scheme seeks to generate capital appreciation by investing in equity and equity related instruments of companies in the technology and technology related sectors, companies focused on driving transformative innovations across technology, automation, robotics, artificial intelligence, cloud computing and other technology companies including those benefitting from the increased digital adoption.

As a sectoral technology fund, it maintains focus on:

- Information technology companies and technology-enabled services

- Companies driving digital transformation and automation

- Businesses leveraging artificial intelligence and cloud computing technologies

- Organizations benefiting from increased digital adoption across industries

- Technology hardware and software companies

The fund follows an active investment approach, seeking to identify companies within the technology sector that demonstrate strong growth potential and innovation capabilities. The Invesco India Technology Fund Direct Growth is rated Very High risk, reflecting the concentrated nature of sector-specific investments.

Fund Managers

Aditya Khemani is the Current Fund Manager of Invesco India Technology Fund Direct Growth fund. Mr. Khemani has done B.Com (Hons) and PGDM from IIM, Lucknow. Prior to joining Invesco Mutual Fund, He was associated with Motilal Oswal Mutual Fund, HSBC AMC, SBI Mutual Fund, ICICI Prudential AMC and Morgan Stanley Advantage Services.

The fund also has Hiten Jain as co-fund manager. Mr. Jain has done BE, CFA and MBA (Finance) and Prior to joining Invesco India Mutual Fund, he has worked with CRISIL Limited and Dunia Finance LLC Dubai.

Both fund managers bring extensive experience in equity research and portfolio management, with specialized focus on technology sector investments.

About the Fund House (AMC)

Invesco Asset Management (India) Private Limited is the investment manager for this fund. Invesco Asset Management (India) offers expertise across equity and fixed income investments, with a broad range of best-in-class investment products across asset classeswith high standards of customer service.

Key highlights about Invesco Mutual Fund:

- AUM size of Rs. 1,08,364 Cr as on 31, Dec 2024

- Invesco Mutual Fund has total of 396 schemes

- Global presence with operations across multiple countries

- Invesco is an independent investment management firm based in Atlanta, Georgia. The company has presence in 25 countries worldwide, serves clients from 120, and has a workforce of 8,000 employees globally

The AMC focuses on delivering consistent investment solutions across various asset classes while maintaining high standards of governance and transparency.

Should I Invest in Invesco India Technology Fund?

This fund is suitable for investors who:

Positives:

- Have high risk tolerance and long investment horizon (minimum 7+ years recommended)

- Want concentrated exposure to India's technology sector growth story

- Understand and can handle high volatility associated with sector funds

- Believe in the long-term growth potential of technology companies

Key Considerations:

- Warning: Do not invest in this, or any other technology sector fund, if you need to redeem your investment in less than seven years

- This is a fund that invests mainly in shares of companies in the information technology sector. We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one

- High concentration risk due to sector-specific focus

- Returns can be highly volatile and cyclical

Important Fund Metrics (as of latest available data):

- AUM: ₹297.71 Cr as of 16th April 2025

- Expense ratio: 0.68 as of 16th April 2025

- Exit load of 0.50%, if redeemed within 3 months

- CAGR return of -2.00% since inception

Consider this fund only as part of a diversified portfolio and prefer SIP investments to average out volatility.

FAQs

What is today's NAV of Invesco India Technology Fund?

The NAV changes daily based on market performance. You can check the current NAV on Allvest's platform or the fund house website for real-time updates.

What is the AUM of Invesco India Technology Fund?

The AUM is ₹297.71 Cr as of 16th April 2025. AUM figures are updated monthly and may vary with market movements and investor flows.

What is the expense ratio of Invesco India Technology Fund?

The expense ratio is 0.68 as of 16th April 2025, which is competitive for an actively managed technology sector fund.

What are the returns of Invesco India Technology Fund since inception?

The fund has delivered a CAGR return of -2.00% since inception. Past performance doesn't guarantee future results, especially for volatile sector funds.

What is the minimum SIP amount to invest in Invesco India Technology Fund?

The minimum investment required is ₹500 for the SIP (Systematic Investment Plan) option and ₹1,000 for lumpsum investment.

How do I invest in Invesco India Technology Fund?

You can invest through Allvest's platform by selecting the fund, choosing SIP or lumpsum option, completing your KYC, and setting up payment instructions. The process is entirely digital and paperless.

How to start a SIP in Invesco India Technology Fund?

Log into your Allvest account, search for the fund, select SIP option, choose your investment amount and frequency (monthly/quarterly), and set up auto-debit instructions from your bank account.

How do I automate an SIP in Invesco India Technology Fund?

Set up a bank mandate or UPI auto-pay through Allvest's platform. Once configured, your SIP investments will be automatically processed on your chosen dates without manual intervention.

How can I withdraw/redeem my investment in Invesco India Technology Fund?

Access your holdings on Allvest's platform, select the fund, choose partial or full redemption, enter the amount, and submit your request. Funds typically reach your bank account within 3-4 working days, subject to exit load if applicable.