Loading…
Value / Contra · Invesco Mutual Fund · AMFI code 105459Invesco India Contra Fund
Disclosed for 9 months, Jan 2026 to Sep 2026.Published as: Invesco India Contra Fund (An open ended equity scheme following contrarian investment strategy)
Portfolio value
₹19,248 Cr
down ₹1,395 Cr vs Aug 2026
- Stocks held
- 71
- unchanged
- Top 10 weight
- 30.4%
- of the portfolio in its ten largest
- Cash & debt
- 1.5%
- cash, money market and debt
- Moves this month
- 2 in · 2 out
- added to 10, trimmed 57
Invesco India Contra Fund is an active equity fund in the Value / Contra category from Invesco Mutual Fund. In September 2026 it disclosed 71 stocks worth ₹19,248 Cr, down ₹1,395 Cr from Aug 2026. Its largest positions were ICICI Bank Limited (5.9%), Larsen & Toubro Limited (4.8%), State Bank of India (3.1%); the ten largest together made up 30.4% of the portfolio, and Banks was the biggest sector at 20.0% of its equity. Cash and debt stood at 1.5%. Compared with Aug 2026 the fund entered 2 new stocks and exited 2.
Against 26 other Value / Contra funds
Concentration
23%
Top-10 weight is higher than 23% of peers
Breadth
77%
Holds more stocks than 77% of peers
Cash
19%
Holds more cash than 19% of peers
Holdings in September 2026
Download CSVEvery line the fund disclosed, with the change against Aug 2026. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 5.90%
- Δ weight
- down 0.15 pts
- Value
- ₹1,136 Cr
- Δ value
- down ₹114 Cr
- Status
- Trimmed
- Weight
- 4.84%
- Δ weight
- down 0.01 pts
- Value
- ₹932 Cr
- Δ value
- down ₹70.6 Cr
- Status
- Trimmed
- Weight
- 3.07%
- Δ weight
- down 0.09 pts
- Value
- ₹591 Cr
- Δ value
- down ₹61.9 Cr
- Status
- Trimmed
- Weight
- 2.95%
- Δ weight
- down 0.11 pts
- Value
- ₹569 Cr
- Δ value
- down ₹64 Cr
- Status
- Trimmed
- Weight
- 2.45%
- Δ weight
- down 0.17 pts
- Value
- ₹472 Cr
- Δ value
- down ₹69.1 Cr
- Status
- Trimmed
- Weight
- 2.40%
- Δ weight
- up 0.09 pts
- Value
- ₹462 Cr
- Δ value
- down ₹14.4 Cr
- Status
- Trimmed
- Weight
- 2.38%
- Δ weight
- up 0.03 pts
- Value
- ₹459 Cr
- Δ value
- down ₹27.7 Cr
- Status
- Trimmed
- Weight
- 2.16%
- Δ weight
- down 0.39 pts
- Value
- ₹416 Cr
- Δ value
- down ₹111 Cr
- Status
- Trimmed
- Weight
- 2.13%
- Δ weight
- down 0.10 pts
- Value
- ₹410 Cr
- Δ value
- down ₹50.7 Cr
- Status
- Trimmed
- Weight
- 2.06%
- Δ weight
- up 0.02 pts
- Value
- ₹397 Cr
- Δ value
- down ₹24.7 Cr
- Status
- Trimmed
- Weight
- 2.06%
- Δ weight
- down 0.03 pts
- Value
- ₹396 Cr
- Δ value
- down ₹35.5 Cr
- Status
- Trimmed
- Weight
- 2.02%
- Δ weight
- down 0.63 pts
- Value
- ₹390 Cr
- Δ value
- down ₹158 Cr
- Status
- Trimmed
- Weight
- 1.98%
- Δ weight
- up 0.51 pts
- Value
- ₹381 Cr
- Δ value
- up ₹78 Cr
- Status
- Added
- Weight
- 1.96%
- Δ weight
- down 0.05 pts
- Value
- ₹378 Cr
- Δ value
- down ₹38.6 Cr
- Status
- Trimmed
- Weight
- 1.89%
- Δ weight
- down 0.01 pts
- Value
- ₹364 Cr
- Δ value
- down ₹27.6 Cr
- Status
- Trimmed
- Weight
- 1.86%
- Δ weight
- down 0.10 pts
- Value
- ₹358 Cr
- Δ value
- down ₹45.8 Cr
- Status
- Trimmed
- Weight
- 1.83%
- Δ weight
- down 0.08 pts
- Value
- ₹352 Cr
- Δ value
- down ₹41.2 Cr
- Status
- Trimmed
- Weight
- 1.76%
- Δ weight
- down 0.03 pts
- Value
- ₹339 Cr
- Δ value
- down ₹31.3 Cr
- Status
- Trimmed
- Weight
- 1.65%
- Δ weight
- up 0.08 pts
- Value
- ₹317 Cr
- Δ value
- down ₹6 Cr
- Status
- Trimmed
- Weight
- 1.61%
- Δ weight
- up 0.07 pts
- Value
- ₹310 Cr
- Δ value
- down ₹8.3 Cr
- Status
- Trimmed
- Weight
- 1.57%
- Δ weight
- up 0.04 pts
- Value
- ₹302 Cr
- Δ value
- down ₹13.7 Cr
- Status
- Trimmed
- Weight
- 1.56%
- Δ weight
- down 0.17 pts
- Value
- ₹299 Cr
- Δ value
- down ₹57 Cr
- Status
- Trimmed
- Weight
- 1.54%
- Δ weight
- down 0.06 pts
- Value
- ₹297 Cr
- Δ value
- down ₹33.7 Cr
- Status
- Trimmed
- Cash, TREPS & receivables
- Weight
- 1.51%
- Δ weight
- up 0.53 pts
- Value
- ₹291 Cr
- Δ value
- up ₹89.1 Cr
- Status
- Added
- Weight
- 1.49%
- Δ weight
- down 0.02 pts
- Value
- ₹287 Cr
- Δ value
- down ₹24.1 Cr
- Status
- Trimmed
- Weight
- 1.45%
- Δ weight
- up 0.01 pts
- Value
- ₹279 Cr
- Δ value
- down ₹19 Cr
- Status
- Trimmed
- Weight
- 1.43%
- Δ weight
- up 0.09 pts
- Value
- ₹275 Cr
- Δ value
- down ₹1.6 Cr
- Status
- Trimmed
- Weight
- 1.42%
- Δ weight
- up 0.17 pts
- Value
- ₹273 Cr
- Δ value
- up ₹15.6 Cr
- Status
- Added
- Shriram Transport Finance Company LimitedShriram Finance Limited · history in this fund
- Weight
- 1.36%
- Δ weight
- up 0.07 pts
- Value
- ₹262 Cr
- Δ value
- down ₹5 Cr
- Status
- Trimmed
- Weight
- 1.34%
- Δ weight
- down 0.27 pts
- Value
- ₹259 Cr
- Δ value
- down ₹74.6 Cr
- Status
- Trimmed
- Weight
- 1.25%
- Δ weight
- up 0.01 pts
- Value
- ₹241 Cr
- Δ value
- down ₹16.2 Cr
- Status
- Trimmed
- Weight
- 1.22%
- Δ weight
- down 0.01 pts
- Value
- ₹236 Cr
- Δ value
- down ₹18.4 Cr
- Status
- Trimmed
- Weight
- 1.21%
- Δ weight
- up 0.16 pts
- Value
- ₹233 Cr
- Δ value
- up ₹17 Cr
- Status
- Added
- Weight
- 1.20%
- Δ weight
- up 0.05 pts
- Value
- ₹231 Cr
- Δ value
- down ₹7 Cr
- Status
- Trimmed
- Weight
- 1.19%
- Δ weight
- up 0.10 pts
- Value
- ₹229 Cr
- Δ value
- up ₹3.5 Cr
- Status
- Added
- Weight
- 1.19%
- Δ weight
- down 0.11 pts
- Value
- ₹228 Cr
- Δ value
- down ₹38.8 Cr
- Status
- Trimmed
- Weight
- 1.12%
- Δ weight
- up 0.04 pts
- Value
- ₹215 Cr
- Δ value
- down ₹7.5 Cr
- Status
- Trimmed
- Weight
- 1.08%
- Δ weight
- up 0.12 pts
- Value
- ₹209 Cr
- Δ value
- up ₹9 Cr
- Status
- Added
- Weight
- 1.07%
- Δ weight
- down 0.00 pts
- Value
- ₹206 Cr
- Δ value
- down ₹15.4 Cr
- Status
- Trimmed
- Weight
- 1.07%
- Δ weight
- down 0.08 pts
- Value
- ₹205 Cr
- Δ value
- down ₹31.7 Cr
- Status
- Trimmed
- Weight
- 1.06%
- Δ weight
- down 0.08 pts
- Value
- ₹204 Cr
- Δ value
- down ₹31.6 Cr
- Status
- Trimmed
- Weight
- 1.04%
- Δ weight
- up 0.02 pts
- Value
- ₹199 Cr
- Δ value
- down ₹11.3 Cr
- Status
- Trimmed
- Weight
- 1.03%
- Δ weight
- down 0.05 pts
- Value
- ₹198 Cr
- Δ value
- down ₹25.2 Cr
- Status
- Trimmed
- Weight
- 1.01%
- Δ weight
- up 0.04 pts
- Value
- ₹195 Cr
- Δ value
- down ₹5.3 Cr
- Status
- Trimmed
- Weight
- 0.99%
- Δ weight
- down 0.03 pts
- Value
- ₹190 Cr
- Δ value
- down ₹19.2 Cr
- Status
- Trimmed
- Weight
- 0.98%
- Δ weight
- up 0.02 pts
- Value
- ₹189 Cr
- Δ value
- down ₹9.5 Cr
- Status
- Trimmed
- Weight
- 0.97%
- Δ weight
- up 0.08 pts
- Value
- ₹187 Cr
- Δ value
- up ₹2.7 Cr
- Status
- Added
- Weight
- 0.96%
- Δ weight
- down 0.17 pts
- Value
- ₹185 Cr
- Δ value
- down ₹48.8 Cr
- Status
- Trimmed
- Weight
- 0.93%
- Δ weight
- up 0.09 pts
- Value
- ₹179 Cr
- Δ value
- up ₹6.2 Cr
- Status
- Added
- Weight
- 0.88%
- Δ weight
- down 0.01 pts
- Value
- ₹170 Cr
- Δ value
- down ₹14.7 Cr
- Status
- Trimmed
- Weight
- 0.87%
- Δ weight
- down 0.10 pts
- Value
- ₹167 Cr
- Δ value
- down ₹33.2 Cr
- Status
- Trimmed
- Weight
- 0.86%
- Δ weight
- down 0.00 pts
- Value
- ₹166 Cr
- Δ value
- down ₹13 Cr
- Status
- Trimmed
- Weight
- 0.86%
- Δ weight
- up 0.05 pts
- Value
- ₹165 Cr
- Δ value
- down ₹72 L
- Status
- Held
- Weight
- 0.85%
- Δ weight
- up 0.01 pts
- Value
- ₹164 Cr
- Δ value
- down ₹10.1 Cr
- Status
- Trimmed
- Weight
- 0.77%
- Δ weight
- up 0.21 pts
- Value
- ₹149 Cr
- Δ value
- up ₹33.4 Cr
- Status
- Added
- Weight
- 0.76%
- Δ weight
- up 0.01 pts
- Value
- ₹147 Cr
- Δ value
- down ₹8.1 Cr
- Status
- Trimmed
- FSN E-Commerce Ventures Limited October 2026 Futurederivative
- Weight
- 0.74%
- Δ weight
- up 0.74 pts
- Value
- ₹142 Cr
- Δ value
- up ₹142 Cr
- Status
- New
- Weight
- 0.72%
- Δ weight
- up 0.12 pts
- Value
- ₹139 Cr
- Δ value
- up ₹15.3 Cr
- Status
- Added
- Weight
- 0.72%
- Δ weight
- up 0.72 pts
- Value
- ₹138 Cr
- Δ value
- up ₹138 Cr
- Status
- New
- Weight
- 0.71%
- Δ weight
- down 0.00 pts
- Value
- ₹136 Cr
- Δ value
- down ₹10 Cr
- Status
- Trimmed
- Weight
- 0.70%
- Δ weight
- up 0.06 pts
- Value
- ₹135 Cr
- Δ value
- up ₹3.1 Cr
- Status
- Added
- Weight
- 0.61%
- Δ weight
- down 0.03 pts
- Value
- ₹117 Cr
- Δ value
- down ₹14.9 Cr
- Status
- Trimmed
- Weight
- 0.56%
- Δ weight
- up 0.03 pts
- Value
- ₹107 Cr
- Δ value
- down ₹2.4 Cr
- Status
- Trimmed
- Jubilant Foodworks Limited October 2026 Futurederivative
- Weight
- 0.54%
- Δ weight
- up 0.54 pts
- Value
- ₹103 Cr
- Δ value
- up ₹103 Cr
- Status
- New
- Weight
- 0.51%
- Δ weight
- up 0.05 pts
- Value
- ₹98.8 Cr
- Δ value
- up ₹2.6 Cr
- Status
- Added
- Weight
- 0.49%
- Δ weight
- up 0.02 pts
- Value
- ₹95.2 Cr
- Δ value
- down ₹2.5 Cr
- Status
- Trimmed
- Weight
- 0.49%
- Δ weight
- up 0.01 pts
- Value
- ₹94.9 Cr
- Δ value
- down ₹4 Cr
- Status
- Trimmed
- Weight
- 0.48%
- Δ weight
- down 0.02 pts
- Value
- ₹93.1 Cr
- Δ value
- down ₹11.6 Cr
- Status
- Trimmed
- Weight
- 0.41%
- Δ weight
- down 0.02 pts
- Value
- ₹79.6 Cr
- Δ value
- down ₹10.7 Cr
- Status
- Trimmed
- Weight
- 0.37%
- Δ weight
- up 0.02 pts
- Value
- ₹71.7 Cr
- Δ value
- down ₹1.9 Cr
- Status
- Trimmed
- Weight
- 0.35%
- Δ weight
- up 0.35 pts
- Value
- ₹68.2 Cr
- Δ value
- up ₹68.2 Cr
- Status
- New
- Weight
- 0.33%
- Δ weight
- up 0.01 pts
- Value
- ₹63.3 Cr
- Δ value
- down ₹1.8 Cr
- Status
- Trimmed
- Weight
- 0.29%
- Δ weight
- up 0.01 pts
- Value
- ₹55.7 Cr
- Δ value
- down ₹1.5 Cr
- Status
- Trimmed
- Weight
- 0.28%
- Δ weight
- down 0.02 pts
- Value
- ₹54.1 Cr
- Δ value
- down ₹8.3 Cr
- Status
- Trimmed
- Mphasis Limited October 2026 Futurederivative
- Weight
- 0.25%
- Δ weight
- up 0.25 pts
- Value
- ₹47.8 Cr
- Δ value
- up ₹47.8 Cr
- Status
- New
- Tech Mahindra Limited October 2026 Futurederivative
- Weight
- 0.20%
- Δ weight
- up 0.20 pts
- Value
- ₹38.2 Cr
- Δ value
- up ₹38.2 Cr
- Status
- New
- Lupin Limited October 2026 Futurederivative
- Weight
- 0.15%
- Δ weight
- up 0.15 pts
- Value
- ₹28.7 Cr
- Δ value
- up ₹28.7 Cr
- Status
- New
- Crompton Greaves Consumer Electricals Limited October 2026 Futurederivative
- Weight
- 0.03%
- Δ weight
- up 0.03 pts
- Value
- ₹5.7 Cr
- Δ value
- up ₹5.7 Cr
- Status
- New
What changed, Aug 2026 to Sep 2026
New New positions (2)
- National Stock Exchange Of India Ltd0.7% · ₹138 Cr
- GMM Pfaudler Limited0.4% · ₹68.2 Cr
Exited Exited (2)
- UltraTech Cement Limitedwas 0.7% · ₹147 Cr
- Britannia Industries Limitedwas 0.2% · ₹36 Cr
Added Biggest additions
- Meesho Ltdup ₹78 Cr (+0.51% pts)
- Central Mine Planning & Design Institute Limitedup ₹33.4 Cr (+0.21% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Aug 2026, the weight rose most in Capital Markets (+0.6 pts) and Industrial Manufacturing (+0.5 pts), and fell most in IT - Software (−1.2 pts) and Cement & Cement Products (−0.8 pts).
- Capital Markets4.6% → 5.2%+0.6 pts
- Industrial Manufacturing1.9% → 2.4%+0.5 pts
- Retailing6.5% → 6.9%+0.4 pts
- Pharmaceuticals & Biotechnology7.9% → 8.2%+0.4 pts
- Commercial Services & Supplies0.6% → 0.8%+0.2 pts
- Beverages1.1% → 1.3%+0.2 pts
- IT - Software9.3% → 8.1%−1.2 pts
- Cement & Cement Products1.8% → 1.0%−0.8 pts
- Automobiles4.9% → 4.7%−0.3 pts
- Food Products0.2% → 0.0%exited−0.2 pts
- Industrial Products4.1% → 3.9%−0.1 pts
- Cement1.0% → 0.9%−0.1 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Mar 2026 | Jun 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|
| Banks | 22.9% | 21.0% | 20.0% | 20.0% |
| Pharmaceuticals & Biotechnology | 7.0% | 7.5% | 7.9% | 8.2% |
| IT - Software | 9.4% | 7.5% | 9.3% | 8.1% |
| Retailing | 6.5% | 6.1% | 6.5% | 6.9% |
| Construction | 4.2% | 6.4% | 5.9% | 5.9% |
| Capital Markets | 2.7% | 4.1% | 4.6% | 5.2% |
| Finance | 3.9% | 4.3% | 4.8% | 4.7% |
| Automobiles | 5.6% | 5.1% | 4.9% | 4.7% |
| Industrial Products | 4.2% | 4.6% | 4.1% | 3.9% |
| Healthcare Services | 3.4% | 3.7% | 3.7% | 3.7% |
Allocation in Sep 2026change vs Aug 2026
- Banks (8)20.0%
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal.
Cash & debt, Sep 2026
1.5%
▲ 0.5 pts vs Aug 2026
- Cash alone
- 1.5%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 0.5% – 1.5%
- lowest to highest · record 1.5% in Sep 2026
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.