Invesco India - Invesco Global Equity Income Fund of Fund
Fund of Funds investing overseas · Invesco Asset Management (India) Private Limited
Among the 18 similar fund of funds investing overseass we track, this one has grown money a bit faster than average. ₹1 lakh invested 5 years ago would be about ₹2.2 lakh today. Investing ₹10,000 every month for the last 10 years would have put in ₹12.1 lakh and grown it to about ₹29.1 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹65,330. Expect meaningful ups and downs on the way.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Invesco India - Invesco Global Equity Income Fund of Fund is a fund of funds investing overseas from Invesco Asset Management (India) Private Limited. It has a track record of about 12.4 years. As of the latest data it carries an RS rating of 45/99 (its recent momentum versus category peers) and a King Score of 62/100 (a long-term quality composite). The current NAV is ₹41.78 (as of 2026-09-16).
Growth of ₹100 - last 5 years
Invesco India - Invesco Global Equity Income Fund of Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -4.19% | -4.19% |
| 3 months | 0.6% | -3.47% |
| 6 months | 14.0% | 16.07% |
| 1 year | 19.92% | 22.45% |
| 3 years (CAGR) | 22.2% | 24.66% |
| 5 years (CAGR) | 17.4% | 12.37% |
| 10 years (CAGR) | 14.56% | n/a |
The last 10 years return of Invesco India - Invesco Global Equity Income Fund of Fund works out to 14.56% a year (CAGR) - ₹1 lakh invested 10 years ago would be about ₹3.9 lakh today. The last 5 years return is 17.4% a year (₹1 lakh → ₹2.2 lakh), and the last 3 years return is 22.2% - behind its category's 24.66% average by 2.5 points. Its trailing one-year return is 19.92%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Invesco India - Invesc | Benchmark |
|---|---|---|
| 2018 | -6.3% | -3.4% |
| 2019 | +25.6% | +7.7% |
| 2020 | +8.0% | +16.7% |
| 2021 | +21.9% | +30.2% |
| 2022 | -1.4% | +3.0% |
| 2023 | +27.8% | +25.8% |
| 2024 | +14.1% | +15.2% |
| 2025 | +24.4% | +6.7% |
| 2026 | +17.0% | -5.8% |
Invesco India - Invesco Global Equity Income Fund of Fund beat its benchmark in 4 of the last 9 calendar years. A below-par hit-rate versus its own index is worth weighing against its other strengths. Consistency against the benchmark matters more than any single great year.
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
What a monthly SIP in Invesco India - Invesco Global Equity Income Fund of Fund would have made
A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.
| SIP duration | You invested | It became | XIRR |
|---|---|---|---|
| 3 years | ₹370,000 | ₹513,640 | 22.47% |
| 5 years | ₹610,000 | ₹1,031,685 | 21.11% |
| 10 years | ₹1,210,000 | ₹2,913,596 | 16.73% |
Over 10 years, ₹1,210,000 invested in monthly instalments would have grown to about ₹2,913,596 - an XIRR of 16.73%. Figures are pre-tax and assume you stayed invested throughout.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -34.67% | -35.75% |
| Worst drawdown (3Y) | -14.82% | -22.14% |
| Volatility (1Y) | 19.17% | 26.91% |
| Sharpe (3Y) | 1.01 | 0.9 |
| Sortino (3Y) | 1.96 | 1.72 |
| Beta (3Y) | 0.35 | 0.41 |
| Alpha (3Y) | 16.08% | 18.59% |
| Up capture | 60.1% | 76.4% |
| Down capture | 11.3% | 23.34% |
| Bull-market return | 24.1% | 26.96% |
| Bear-market return | -9.1% | -12.58% |
Timing matters more than people admit: the best possible 1-year stretch in Invesco India - Invesco Global Equity Income Fund of Fund (starting 2020-03-19) gained 70.8%, while the worst (starting 2019-03-20) lost 25.2%. The worst peak-to-bottom fall Invesco India - Invesco Global Equity Income Fund of Fund has ever put investors through is -34.67% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -9.1% annualised, versus 24.1% in rising markets. It has captured roughly 60.1% of its benchmark's up-moves and 11.3% of its down-moves.
How Invesco India - Invesco Global Equity Income Fund of Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Invesco India - Invesco Global Equity Income Fund of Fund has historically returned about -9.1% annualised, versus roughly 24.1% when the market is rising. Its deepest fall on record is -34.67%. Right now it sits about 4.19% below its all-time high (last hit 2026-08-14). The real question isn't the average year - it's whether you could hold on through the worst one.
How Invesco India - Invesco Global Equity Income Fund of Fund ranks in its category
Percentile versus its ~18 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
| Measure | Value |
|---|---|
| Median 3Y rolling CAGR | 10.66% |
| 3Y windows positive | 99.6% |
| Worst 3Y window | -1.64% |
| Median 5Y rolling CAGR | 10.97% |
| Median 10Y rolling CAGR | 11.52% |
Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Invesco India - Invesco Global Equity Income Fund of Fund returned a median of 10.66% a year, and 99.6% of those windows were positive.
Who manages Invesco India - Invesco Global Equity Income Fund of Fund - and how good are they?
Invesco India - Invesco Global Equity Income Fund of Fund is managed by Sagar Gandhi. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Sagar Gandhi's full record
Sagar Gandhi currently runs 5 funds, across Fund of Funds investing overseas, Thematic Fund, with about ₹4,142 Cr under management. The book's average King Score is 54.0/100. Their strongest fund by King Score is Invesco India PSU Equity Fund (78/100); Invesco India - Invesco Global Equity Income Fund of Fund ranks #3 of 5 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Invesco India PSU Equity Fund | 12 | 78 | -4.1% | -3.8% | 0.2% | 18.5% | 19.9% | 16.4% | 0.48 | 18.0% | -33.4% |
| 2 | Invesco India Infrastructure Fund | 58 | 69 | -2.6% | 13.5% | 2.9% | 17.9% | 18.2% | 18.6% | 0.54 | 22.8% | -36.2% |
| 3 | Invesco India - Invesco Global Equity Income Fund of Fund (this page) | 45 | 62 | 0.6% | 14.0% | 19.9% | 22.2% | 17.4% | 14.6% | 1.01 | 10.7% | -34.7% |
| 4 | Invesco India - Invesco Pan European Equity Fund of Fund | 99 | 43 | 2.7% | 15.7% | 34.0% | 20.8% | 15.6% | 12.7% | 0.79 | 6.9% | -41.0% |
| 5 | Invesco India - Invesco Global Consumer Trends Fund of Fund | 23 | 18 | -13.9% | 7.1% | -3.9% | 20.3% | 4.1% | n/a | 0.43 | 7.9% | -51.2% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.69% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹1000 |
| Fund size (AUM) | ₹304 Cr |
| Age | 12.4 years |
| Plan / Option | Direct · Growth |
| Benchmark | NIFTY500 |
How Invesco India - Invesco Global Equity Income Fund of Fund compares to peers
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Invesco India - Invesco Global Equity Income Fund of Fund review: the bottom line
Related
Frequently asked questions
Is Invesco India - Invesco Global Equity Income Fund of Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Invesco India - Invesco Global Equity Income Fund of Fund scores 62/100 on our King Score and RS 45/99 within its category, has compounded 22.2% a year over three years, and its worst drawdown was -34.67%. Compare those against your needs and the peer table above.
What is the NAV of Invesco India - Invesco Global Equity Income Fund of Fund today?
The latest NAV is ₹41.78 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the last 10 years return of Invesco India - Invesco Global Equity Income Fund of Fund?
Over the last 10 years Invesco India - Invesco Global Equity Income Fund of Fund has returned about 14.56% a year (CAGR). In rupees: ₹1 lakh invested 10 years ago would be roughly ₹3.9 lakh today, before tax. See the year-by-year table above for how uneven the ride was.
What is the expense ratio of Invesco India - Invesco Global Equity Income Fund of Fund?
The Direct-plan expense ratio is 0.69% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Invesco India - Invesco Global Equity Income Fund of Fund?
Invesco India - Invesco Global Equity Income Fund of Fund is managed by Sagar Gandhi.
Is Invesco India - Invesco Global Equity Income Fund of Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -34.67% - ₹1 lakh briefly becoming about ₹65,330. As a international fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Invesco India - Invesco Global Equity Income Fund of Fund good for SIP?
We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 10 years grew ₹12.1 lakh into about ₹29.1 lakh (XIRR 16.73%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.
What are the SIP returns of Invesco India - Invesco Global Equity Income Fund of Fund?
A ₹10,000/month SIP over 10 years would have grown to about ₹2,913,596 (an XIRR of 16.73%) on ₹1,210,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.
How does Invesco India - Invesco Global Equity Income Fund of Fund rank among similar funds?
On 3-year returns it sits around the 67th percentile of its category, and its consistency ranks 47th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.
Is Invesco India - Invesco Global Equity Income Fund of Fund tax-efficient / what about capital gains?
As a international fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Invesco India - Invesco Global Equity Income Fund of Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
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- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.