Invesco India Small Cap Fund Direct Growth NAV at ₹49.2800 on 23 October 2026; Falls 2.01%

Key Takeaways:

• Invesco India Small Cap Fund Direct Growth recorded a NAV of ₹49.2800 on 23 October 2026, declining 2.01% over the valuation day. 
• The scheme's three-year annualised return stood at 19.44%. 
• The latest available snapshot placed assets at approximately ₹16,131 crore and the base expense ratio at 0.41%. 
• Equity represented about 98.92% of the portfolio snapshot, with small-cap companies accounting for 67.17% of the reported market-cap allocation. 

Invesco India Small Cap Fund Direct Growth recorded an exact-date NAV of ₹49.2800 on 23 October 2026, down 2.01% over the valuation day. The permitted Direct Plan record also showed a three-year annualised return of 19.44%. 

The latest available supporting snapshot placed assets under management at approximately ₹16,131 crore, with a base expense ratio of about 0.41%. The minimum SIP and minimum lump-sum investment were both shown at ₹100 in the latest fund details. 

Portfolio allocation was heavily equity-oriented. The supporting snapshot indicated approximately 98.92% in equity and 1.08% in cash and cash equivalents. Within the market-cap breakdown, small-cap companies accounted for 67.17%, while mid-cap companies represented 17.33% and large-cap companies 15.51%. The percentages reflect the latest available portfolio snapshot rather than an assertion that the composition was fixed at those levels throughout 23 October. 

That allocation shows that although the fund is categorised as a small-cap strategy, it can maintain smaller exposures outside the small-cap segment. The predominantly small-cap orientation can make the NAV particularly responsive to changes in liquidity and risk appetite in the broader smaller-company universe. 

The daily fall of 2.01% and the three-year CAGR of 19.44% measure very different periods. One captures a single valuation-day movement, while the other annualises historical performance across three years. Neither figure should be interpreted as a forecast. 

The ₹49.2800 NAV has been kept at the exact four-decimal precision displayed for 23 October 2026 rather than rounded to two decimals. 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.