Invesco India Focused Fund: Stock count increased from 20 to 30; here are options for investors

According to a notice-cum-addendum of Invesco Mutual Fund dated February 20, 2020, the scheme will invest in a concentrated portfolio of 30 stocks across market capitalisation with effect from March 30, 2026.

Accordingly the new official investment strategy of the scheme will be as follows:

As of January 30, 2026, Invesco India Focus Fund had an AUM of ₹4867 crore. The scheme has delivered an XIRR of 14.71% since inception on September 29, 2020. However, the one-year SIP return of the scheme has been -10.71%.

What options are there for investors?

Existing investors can continue with the scheme if they are okay with the proposed change in the scheme's fundamental attributes. If not, they can exit from the scheme during the exit window starting from February 26, 2028, to March 27, 2026.

"In line with regulatory requirements, for Scheme where a change in fundamental attributes is being proposed, we are offering an exit window (“Exit Option”) to the Unit holders of 30 days from February 26, 2026 to March 27, 2026 (both days inclusive) (“Exit Option Period”)," Invesco Mutual Fund said.

"During the Exit Option Period, unit holders not consenting to the change may either switch to any other scheme of the Fund or redeem their investments at applicable Net Asset Value without payment of exit load subject to provisions of applicable cut-off time as stated in the SID of the Scheme," it added.

All transaction requests received on or after March 30, 2026 will be subject to applicable exit load.

During the exit period, unit holders will have three options:

• Redeem their units [partly or fully] at applicable NAV;

• Switch their units [partly or fully] to any of the Schemes of the Fund at applicable NAV; or

• Remain invested in the Scheme

According to the fund house, unit holders who do not opt for redemption/switch-out on or before 3.00 p.m. on March 27, 2026 shall be deemed to have consented to above changes and shall continue to hold units in the Scheme.

Yes, there can be tax consequences if you opt for redemption or switch out.

"Redemption/switch out by the unit holders due to change in the fundamental attributes of the Scheme or due to any other reasons may entail tax consequences. In view of individual nature of tax consequences, Unit holders are advised to consult his / her / their professional tax advisor," the notice said.