MF Gyan
small capHigh risk8 years oldAccelerating recently (last 6m ≈ 53% p.a.)

Invesco India Smallcap Fund - Direct Plan - Growth

Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps. From Invesco Mutual Fund. It's been running since 2 Nov 2018.

Latest price per unit
₹54.76
▲ 0.22% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.19 L
▲ ₹19.1k gain · 19.1% / year
Invested 3 years ago
₹1.88 L
▲ ₹88.4k gain · 23.5% / year
Invested 5 years ago
₹2.57 L
▲ ₹1.57 L gain · 20.8% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.35 L
Gain / loss+₹54.7k
XIRR (annualised)18.94%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.44 L
Projected gain*+₹63.7k
*at this fund's historical rate of 18.94% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 19 other funds in Equity Schemes - Small Cap Fund

Same plan
1-year return
19.06%median 9.29% (+9.77%)
Rank #4 of 20Beats 80% of peers
3-year return
23.51%median 13.53% (+9.98%)
Rank #1 of 20Beats 100% of peers
5-year return
20.81%median 15.02% (+5.79%)
Rank #1 of 20Beats 100% of peers
Bumpiness (3Y)
17.96%median 17.05% (+0.91%)
Rank #15 of 20Less risky than 26% of peers
Worst-ever drop
-37.66%median -24.36% (-13.30%)
Rank #4 of 20Less risky than 84% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 6 of last 7 years were positive.

+26%
2020
+64%
2021
+0%
2022
+45%
2023
+39%
2024
-3%
2025
+17%
2026
Best year
2021 · 63.58%
Worst year
2025 · -2.54%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
18.0%

The value swings roughly 18% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-37.66%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Invesco India Smallcap Fund - Direct Plan - Growth against other small cap funds.

Technical details (for the pros)
CAGR — 1 year19.06%
CAGR — 3 years23.51%
CAGR — 5 years20.81%
CAGR — since launch24.08%
Volatility — 1 year (annualised)16.56%
Volatility — 3 years (annualised)17.96%
Max drawdown — 1 year-15.11%
Max drawdown — 3 years-23.41%
Sharpe ratio — 1 year (rf=6%)0.72
Sharpe ratio — 3 years (rf=6%)0.87

Fund info

Fund house
Invesco Mutual Fund
Category
Equity Schemes - Small Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF205K013T3
ISIN (Div re-invest)
—
Fund code
145137
First price on record
2 Nov 2018 · 1,931 daily prices

About Invesco India Smallcap Fund - Direct Plan - Growth

Invesco India Smallcap Fund - Direct Plan - Growth is a Equity Schemes - Small Cap Fund offered by Invesco Mutual Fund under the Direct plan with the Growth option. It has approximately 8 years of NAV track record. The fund falls in the small cap category — Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps.

The current NAV of Invesco India Smallcap Fund - Direct Plan - Growth is ₹54.7600 (as of 4 Sep 2026). Historically, it has delivered 19.04% over the last year, 23.51% CAGR over 3 years, 20.81% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 18.0% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 37.7%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Invesco India Smallcap Fund - Direct Plan - Growth?+

The latest NAV of Invesco India Smallcap Fund - Direct Plan - Growth is ₹54.7600 as of 4 Sep 2026, up 0.22% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Invesco India Smallcap Fund - Direct Plan - Growth?+

Invesco India Smallcap Fund - Direct Plan - Growth has delivered 1-year return 19.04%, 3-year CAGR 23.51%, 5-year CAGR 20.81%, since-inception CAGR 24.08%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Invesco India Smallcap Fund - Direct Plan - Growth belong to?+

Invesco India Smallcap Fund - Direct Plan - Growth is categorised as Equity Schemes - Small Cap Fund. Invests in smaller companies (ranked 251+). Can grow the fastest, but also drops the hardest during market slumps.

How risky is Invesco India Smallcap Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 18.0%, Invesco India Smallcap Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Invesco India Smallcap Fund - Direct Plan - Growth a direct plan?+

Invesco India Smallcap Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Invesco India Smallcap Fund - Direct Plan - Growth?+

Invesco India Smallcap Fund - Direct Plan - Growth has NAV history available from 2 Nov 2018 — approximately 8 years of track record and 1,931 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.