BSE, Swiggy, and Eternal Among Key Stocks in Invesco India Mutual Fund’s January Holdings

Invesco India Mutual Fund managed assets of ₹1.41 lakh crore as of 31 January 2026. The fund house operated 88 schemes at the end of the month.  

Portfolio data compiled by Motilal Oswal Financial Services shows that banking and financial stocks continued to form the core of its largest positions. 

Top Exposure to Private Banks 

HDFC Bank remained the biggest holding with a weight of about 4.8%. ICICI Bank followed with an allocation of roughly 4.1%. Both stocks saw small increases in weight during January, rising by 0.2% and 0.1% respectively compared with December. 

Federal Bank also featured among the top holdings with a 1.8% allocation, up by 0.1% month-on-month. 

Financial and Aviation Stocks 

Cholamandalam Investment and Finance had a 2.5% weight in the portfolio. The fund added around 36.7 lakh shares during the month, which lifted the allocation by 0.6%. 

InterGlobe Aviation (IndiGo) accounted for about 2.2% of the portfolio. Its weight rose by 0.8% compared with the previous month. 

Reliance, Eternal, BSE, and Swiggy Stocks in Portfolio 

Reliance Industries held a 2.1% share of the portfolio. The fund added around 65.68 lakh shares in January, though the overall allocation declined by 0.2% compared with December. 

Eternal had a 2.8% weight, unchanged from the previous month. BSE and Swiggy each had allocations of 1.9%. BSE’s weight increased by 0.2%, while Swiggy’s declined by 0.4%. 

Healthcare Allocation 

Max Healthcare had a 1.8% allocation in the portfolio. The fund added about 52.7 lakh shares during the month, leading to a 0.4% rise in weight. 

Read More: Mutual Funds Reduce Stakes in 9 of 10 Indian IT Stocks While ₹4 Lakh Crore Remains Invested! 

Conclusion 

The January portfolio remained tilted towards private banks, with smaller changes across financial, aviation, and healthcare stocks. Most allocation shifts during the month were limited. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.