Invesco India Multi Asset Allocation Fund vs LIC MF Multi Asset Allocation Fund
Invesco India Multi Asset Allocation Fund and LIC MF Multi Asset Allocation Fund are both Multi Asset Allocation funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs —, 5-year CAGR — vs —, volatility 9.55% vs 13.75%, maximum drawdown −10.98% vs −13.51%. Their portfolios overlap by 14.1% (18 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 Multi Asset Allocation | LIC MF Multi Asset Allocation | |
|---|---|---|
| Fund house | Invesco Mutual Fund | LIC Mutual Fund |
| Compared as | Multi Asset Allocation | Multi Asset Allocation |
| NAV | ₹12.7300 | ₹12.2879 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 19 Dec 2024 | 18 Feb 2025 |
| Track record | 1.9 yrs | 1.7 yrs |
| Fund size (AUM) | ₹1,213 Cr | ₹966 Cr |
| Securities held | 94 | 57 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Invesco India Multi Asset Allocation | LIC MF Multi Asset Allocation | |
|---|---|---|
| 1 month | +2.99% | +0.41% |
| 3 months | −1.01% | −2.62% |
| 6 months | +1.68% | −0.23% |
| 1 year | +9.84% | +1.72% |
| 3 years (CAGR) | — | — |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +14.36% | +12.76% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
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 Multi Asset Allocation | LIC MF Multi Asset Allocation | |
|---|---|---|
| 2026 (year to date) | +4.09% | −1.13% |
| 2025 | +24.29% | — |
Risk
| Invesco India Multi Asset Allocation | LIC MF Multi Asset Allocation | |
|---|---|---|
| Volatility (annualised) ⓘ | 9.55% | 13.75% |
| Downside volatility ⓘ | 6.71% | 9.50% |
| Sharpe ratio ⓘ | 0.82 | 0.46 |
| Sortino ratio ⓘ | 1.17 | 0.66 |
| Maximum drawdown ⓘ | −10.98% | −13.51% |
| Recovery from that fall | 5 months | 5 months |
| Current fall from peak | −2.30% | −3.78% |
| Rolling 1-year return: worst | +4.12% | −4.73% |
| Rolling 1-year return: median | +17.87% | +10.32% |
| Rolling 1-year return: best | +30.72% | +26.93% |
| Share of 1-year periods with a loss | 0.00% | 8.47% |
Against each fund's benchmark
| Invesco India Multi Asset Allocation | LIC MF Multi Asset Allocation | |
|---|---|---|
| Beta ⓘ | 0.51 | 0.81 |
| Alpha (Jensen's, annualised) ⓘ | +9.23% | +6.72% |
| R² ⓘ | 68.93 | 80.76 |
| Upside capture | 70.82% | 89.12% |
| Downside capture | 7.08% | 43.36% |
| Tracking error | 9.27% | 6.74% |
| Information ratio | 1.49 | 1.15 |
| Treynor ratio | 12.13 | 6.34 |
Portfolio
Asset mix
| Invesco India Multi Asset Allocation | LIC MF Multi Asset Allocation | |
|---|---|---|
| Equity | 36.81% | 67.69% |
| Debt | 14.60% | 11.70% |
| Gold | 13.38% | 0.00% |
| Foreign Securities | 11.72% | 0.00% |
| ETF Units | 9.44% | 0.00% |
| REITs / InvITs | 5.03% | 0.00% |
| Mutual Fund Units | 4.32% | 0.00% |
| Silver | 3.02% | 0.00% |
| Cash & equivalents | 1.68% | 1.88% |
| Unclassified | 0.00% | 18.73% |
Market-cap split (share of fund assets)
| Invesco India Multi Asset Allocation | LIC MF Multi Asset Allocation | |
|---|---|---|
| Large Cap | 36.13% | 28.32% |
| Mid Cap | 0.68% | 15.83% |
| Small Cap | 0.00% | 20.92% |
| Unclassified | 0.00% | 2.62% |
Concentration
| Invesco India Multi Asset Allocation | LIC MF Multi Asset Allocation | |
|---|---|---|
| Top 10 holdings | 52.73% | 40.15% |
| Effective number of stocks ⓘ | 21.4 | 26.5 |
| Securities held | 94 | 57 |
Portfolio overlap: 14.1%
18 companies are held by both funds; by weight, 14.1% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Invesco India Multi Asset Allocation | LIC MF Multi Asset Allocation |
|---|---|---|
| ICICI Bank Limited | 3.77% | 3.57% |
| Bharti Airtel Limited | 1.87% | 2.11% |
| Larsen & Toubro Limited | 1.67% | 2.01% |
| State Bank of India | 1.13% | 1.82% |
| Axis Bank Limited | 0.99% | 2.45% |
| Mahindra & Mahindra Limited | 0.98% | 2.00% |
| 6.94% Government of India (11/05/2036) | 0.73% | 1.05% |
| Sun Pharmaceutical Industries Limited | 0.60% | 1.76% |
| UltraTech Cement Limited | 0.44% | 1.26% |
| Bharat Electronics Limited | 0.39% | 0.85% |
| Apollo Hospitals Enterprise Limited | 0.36% | 1.00% |
| Trent Limited | 0.32% | 1.08% |
| InterGlobe Aviation Limited | 0.28% | 1.61% |
| Britannia Industries Ltd. | 0.21% | 1.52% |
| Cholamandalam Investment and Finance Company Ltd | 0.19% | 1.29% |
Top 10 holdings
Invesco India Multi Asset Allocation
- Invesco India Gold Exchange Traded Fund13.38%
- Invesco US Value Equity Fund - C Acc Shares11.72%
- ICICI Prudential Nifty Midcap 150 ETF4.72%
- Mirae Asset Nifty Midcap 150 ETF4.72%
- HDFC Bank Limited4.23%
- ICICI Bank Limited3.77%
- ICICI Prudential Silver ETF3.02%
- Invesco India Ultra Short Duration Fund - Direct Plan - Growth2.60%
- Raajmarg Infra Investment Trust2.49%
- 7.04% GSEC MAT- 03/06/20292.08%
LIC MF Multi Asset Allocation
- LIC Mutual Fund14.94%
- Aditya Birla Sun Life Silver ETF3.79%
- ICICI Bank Limited3.57%
- SML Mahindra Ltd.3.10%
- Multi Commodity Exchange of India Limited2.81%
- INDO-MIM Ltd.2.62%
- 7.83% Tata Capital Housing Finance Ltd.2.57%
- Axis Bank Limited2.45%
- Jindal Stainless Ltd.2.19%
- Bharti Airtel Limited2.11%
Sector exposure
| Invesco India Multi Asset Allocation | LIC MF Multi Asset Allocation | |
|---|---|---|
| Unclassified | 34.14% | 18.73% |
| Banks | 11.20% | 10.76% |
| CRISIL AAA | 4.90% | 8.26% |
| Capital Markets | 7.74% | 4.72% |
| Sovereign | 5.99% | 3.44% |
| Pharmaceuticals & Biotechnology | 1.27% | 5.86% |
| Transport Infrastructure | 5.03% | 0.00% |
| Agricultural, Commercial & Construction Vehicles | 0.22% | 4.13% |
| Healthcare Services | 0.36% | 3.78% |
| Industrial Products | 0.00% | 3.12% |
| Cement & Cement Products | 1.03% | 2.95% |
| Transport Services | 0.28% | 2.93% |
| Electrical Equipment | 0.26% | 2.79% |
| Industrial Manufacturing | 0.00% | 2.62% |
Questions people ask
What is the difference between Invesco India Multi Asset Allocation and LIC MF Multi Asset Allocation returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +9.84% vs +1.72%; 3-year CAGR — vs —; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Invesco India Multi Asset Allocation and LIC MF Multi Asset Allocation compare on risk?
Volatility (36 monthly returns, annualised) 9.55% vs 13.75%; Sharpe ratio 0.82 vs 0.46; Sortino ratio 1.17 vs 0.66; maximum drawdown −10.98% vs −13.51%; beta 0.51 vs 0.81.
How much do Invesco India Multi Asset Allocation and LIC MF Multi Asset Allocation overlap?
By weight, 14.1% of the two portfolios is invested in the same companies; 18 stocks are held by both, the largest shared positions being ICICI Bank Limited, Bharti Airtel Limited, Larsen & Toubro Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Invesco India Multi Asset Allocation and LIC MF Multi Asset Allocation?
Invesco India Multi Asset Allocation: large cap 36.1%, mid cap 0.7%, small cap 0.0%. LIC MF Multi Asset Allocation: large cap 28.3%, mid cap 15.8%, small cap 20.9% (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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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.