Invesco India Equity Savings Fund vs Kotak Equity Savings Fund
Invesco India Equity Savings Fund and Kotak Equity Savings Fund are both Equity Savings funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +9.23% vs +10.11%, 5-year CAGR +7.76% vs +9.58%, volatility 6.36% vs 6.29%, maximum drawdown −13.60% vs −16.48%. Their portfolios overlap by -16.2% (24 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Invesco India Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Fund house | Invesco Mutual Fund | Kotak Mahindra Mutual Fund |
| Compared as | Equity Savings | Equity Savings |
| NAV | ₹19.3192 | ₹30.7172 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 8 Mar 2019 | 17 Oct 2014 |
| Track record | 7.7 yrs | 12.1 yrs |
| Fund size (AUM) | ₹268 Cr | ₹7,122 Cr |
| Securities held | 53 | 166 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Invesco India Equity Savings | Kotak Equity Savings | |
|---|---|---|
| 1 month | +3.01% | +1.29% |
| 3 months | +1.82% | −0.39% |
| 6 months | +4.66% | +2.02% |
| 1 year | +2.00% | +3.69% |
| 3 years (CAGR) | +9.23% | +10.11% |
| 5 years (CAGR) | +7.76% | +9.58% |
| 7 years (CAGR) | +8.89% | +10.45% |
| 10 years (CAGR) | — | +9.97% |
| Since launch (CAGR) | +8.97% | +9.74% |
| SIP return (XIRR, 5 years) ⓘ | +8.05% | +9.20% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Invesco India Equity Savings | Kotak Equity Savings | |
|---|---|---|
| 2026 (year to date) | +2.47% | +2.02% |
| 2025 | +1.97% | +9.12% |
| 2024 | +18.39% | +12.97% |
| 2023 | +17.28% | +16.89% |
| 2022 | +0.11% | +7.90% |
| 2021 | +12.22% | +12.17% |
Risk
| Invesco India Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Volatility (annualised) ⓘ | 6.36% | 6.29% |
| Downside volatility ⓘ | 4.54% | 4.47% |
| Sharpe ratio ⓘ | 0.43 | 0.57 |
| Sortino ratio ⓘ | 0.60 | 0.81 |
| Maximum drawdown ⓘ | −13.60% | −16.48% |
| Recovery from that fall | 4 months | 4 months |
| Current fall from peak | 0.00% | −0.53% |
| Rolling 1-year return: worst | −5.54% | −9.62% |
| Rolling 1-year return: median | +8.89% | +8.97% |
| Rolling 1-year return: best | +26.63% | +34.20% |
| Share of 1-year periods with a loss | 11.44% | 1.76% |
Against each fund's benchmark
| Invesco India Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Beta ⓘ | 0.38 | 0.41 |
| Alpha (Jensen's, annualised) ⓘ | +0.87% | +1.67% |
| R² ⓘ | 78.90 | 89.01 |
| Upside capture | 54.62% | 58.96% |
| Downside capture | 31.90% | 33.10% |
| Tracking error | 9.60% | 9.04% |
| Information ratio | 0.01 | 0.11 |
| Treynor ratio | 5.29 | 7.29 |
Portfolio
Asset mix
| Invesco India Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Equity | 65.88% | -14.94% |
| Debt | 17.33% | 15.45% |
| Mutual Fund Units | 9.25% | 12.04% |
| Cash & equivalents | 7.54% | 2.66% |
| REITs / InvITs | 0.00% | 3.23% |
Market-cap split (share of fund assets)
| Invesco India Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Large Cap | 50.61% | -24.16% |
| Mid Cap | 9.36% | 5.01% |
| Small Cap | 5.91% | 3.53% |
| Unclassified | 0.00% | 0.68% |
Concentration
| Invesco India Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Top 10 holdings | 51.01% | 21.56% |
| Effective number of stocks ⓘ | 29.3 | 67.1 |
| Securities held | 53 | 166 |
Portfolio overlap: -16.2%
24 companies are held by both funds; by weight, -16.2% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Invesco India Equity Savings | Kotak Equity Savings |
|---|---|---|
| IndusInd Bank Limited | 0.49% | 1.42% |
| Power Grid Corporation of India Limited | 0.85% | -0.01% |
| Pidilite Industries Limited | 0.05% | -0.01% |
| Shriram Finance Limited | 0.97% | -0.02% |
| Jio Financial Services Limited | 0.17% | -0.02% |
| The Indian Hotels Company Limited | 0.33% | -0.05% |
| Hindustan Unilever Ltd. | 2.37% | -0.06% |
| Bank of Baroda | 0.33% | -0.11% |
| The Phoenix Mills Limited | 0.61% | -0.12% |
| United Spirits Limited | 4.10% | -0.15% |
| UltraTech Cement Limited | 1.23% | -0.15% |
| SBI Life Insurance Company Limited | 0.32% | -0.20% |
| Apollo Hospitals Enterprise Limited | 0.15% | -0.20% |
| Sun Pharmaceutical Industries Limited | 0.71% | -0.53% |
| Maruti Suzuki India Limited | 0.58% | -0.53% |
Top 10 holdings
Invesco India Equity Savings
- HDFC Bank Limited7.47%
- Axis Bank Limited7.20%
- Kotak Mahindra Bank Limited6.30%
- 7.49% Small Industries Dev Bank of India5.54%
- Reliance Industries Limited5.29%
- Invesco India Liquid Fund - Direct Plan - Growth4.74%
- United Spirits Limited4.10%
- 6.94% Government of India (11/05/2036)4.03%
- ICICI Bank Limited3.72%
- Infosys Limited2.62%
Kotak Equity Savings
- Kotak Liquid Direct Growth7.59%
- Radico Khaitan Limited2.37%
- Hero MotoCorp Limited2.23%
- Cube Highways Trust1.79%
- IndusInd Bank Limited1.42%
- Poonawalla Fincorp Limited1.39%
- Emmvee Photovoltaic Power Limited1.38%
- Indus Infra Trust1.33%
- NLC India Limited1.10%
- LIC Housing Finance Limited0.96%
Sector exposure
| Invesco India Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Banks | 29.15% | -4.38% |
| Unclassified | 9.25% | 0.00% |
| Mutual Fund | 0.00% | 8.77% |
| Sovereign | 7.74% | 0.41% |
| CRISIL AAA | 5.54% | 5.55% |
| Petroleum Products | 5.29% | -1.45% |
| Beverages | 4.10% | 2.19% |
| Cement & Cement Products | 2.90% | -0.21% |
| CRISIL A1+ | 0.00% | 2.77% |
| IT - Software | 2.62% | -0.33% |
| Automobiles | 2.47% | 1.03% |
| Finance | 2.40% | 2.23% |
| Diversified FMCG | 2.37% | -0.43% |
| Telecom - Services | 2.19% | -6.85% |
Questions people ask
What is the difference between Invesco India Equity Savings and Kotak Equity Savings returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +2.00% vs +3.69%; 3-year CAGR +9.23% vs +10.11%; 5-year CAGR +7.76% vs +9.58%; 10-year CAGR — vs +9.97%. Past returns do not indicate future returns.
How do Invesco India Equity Savings and Kotak Equity Savings compare on risk?
Volatility (36 monthly returns, annualised) 6.36% vs 6.29%; Sharpe ratio 0.43 vs 0.57; Sortino ratio 0.60 vs 0.81; maximum drawdown −13.60% vs −16.48%; beta 0.38 vs 0.41.
How much do Invesco India Equity Savings and Kotak Equity Savings overlap?
By weight, -16.2% of the two portfolios is invested in the same companies; 24 stocks are held by both, the largest shared positions being IndusInd Bank Limited, Power Grid Corporation of India Limited, Pidilite Industries Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Invesco India Equity Savings and Kotak Equity Savings?
Invesco India Equity Savings: large cap 50.6%, mid cap 9.4%, small cap 5.9%. Kotak Equity Savings: large cap -24.2%, mid cap 5.0%, small cap 3.5% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Kotak Equity Savings vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.