Invesco India ETF
IMVP - ETF AI Analysis
Top Page
Invesco India ETF (IMVP)
IMVP, the Invesco India ETF, has a solid overall rating driven mainly by strong, well-valued financial and banking names like Bank of Baroda and Punjab National Bank, which show robust growth, healthy profitability, and supportive technical trends. Quality holdings such as Tata Consultancy Services and ITC further strengthen the fund with strong financials and reasonable valuations, while a few positions like Tech Mahindra and Hindustan Aeronautics introduce some risk due to operational challenges, bearish momentum, or potentially high valuations. The main risk factor is the fund’s notable exposure to individual stocks with overbought or bearish technical signals, which could lead to short-term volatility.
IMVP vs. SPDR S&P 500 ETF (SPY)
- AUM
- 96.57M
- Region
- Asia-Pacific
- Expense Ratio
- 0.78%
- Beta
- 0.50
- Issuer
- Invesco
- Inception Date
- Mar 05, 2008
- Dividend Yield
- 11.77%
- Asset Class
- Equity
- Index Tracked
- Bloomberg India MVP Index - Benchmark TR Net
IMVP Summary
The Invesco India ETF (IMVP) is a fund that lets you invest in many large, well-known Indian companies at once, following the Bloomberg India MVP Index. It focuses on big, established firms across different industries, giving you broad exposure to India’s growing economy. Well-known holdings include Tata Consultancy Services and Bharti Airtel, so you’re getting a mix of technology and telecom, plus major banks and other businesses. Someone might invest for long-term growth and international diversification. However, this ETF is heavily tied to the Indian stock market, so its value can go up and down with economic and market conditions in India.
How much will it cost me?
This ETF has an expense ratio of 0.78%, which means you’ll pay about $7.80 per year for every $1,000 invested. That’s higher than the average ETF because it focuses on a more specialized, rules-based strategy in the Indian market rather than a very low-cost broad index.
What would affect this ETF?
This India-focused ETF could benefit from continued economic growth in India, especially if technology and banking companies like Tata Consultancy Services and major Indian banks see rising demand and supportive government policies. On the downside, it may be hurt by higher global interest rates, local political or regulatory changes, or economic slowdowns in India that would weigh on large Indian companies across sectors.
IMVP Top 10 Holdings
This India-focused ETF leans heavily on large domestic banks and service giants, giving it a distinctly homegrown flavor. Federal Bank and Punjab National Bank have been rising and help power returns, while Apollo Hospitals and Hindustan Aeronautics add steady, growth-oriented support despite some mixed technical signals. On the flip side, State Bank of India has been lagging lately, and Tata Consultancy Services looks like it’s losing steam year-to-date, softening the tech contribution. Overall, the fund is concentrated in Indian financials and services, with performance driven by a handful of big local players.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 IN:TCS | Tata Consultancy Services Limited | 3.66% | $3.62M | INR 8.93T | -22.44% | 80Outperform |
 IN:TECHM | Tech Mahindra Limited | 3.56% | $3.52M | INR 1.74T | 21.51% | 55Neutral |
 IN:BHARTIARTL | Bharti Airtel Limited | 3.65% | $3.61M | INR 13.14T | 0.89% | 73Outperform |
 IN:MARICO | Marico Limited | 3.58% | $3.54M | INR 1.20T | 25.43% | 69Neutral |
 IN:PNB | Punjab National Bank | 3.72% | $3.68M | INR 1.59T | 15.76% | 75Outperform |
 IN:TITAN | Titan Company Limited | 3.29% | $3.26M | INR 4.41T | 27.22% | 69Neutral |
 IN:BANKBARODA | Bank of Baroda | 3.63% | $3.59M | INR 1.42T | -3.16% | 81Outperform |
 IN:IOC | Indian Oil Corp. Ltd. | 3.34% | $3.30M | INR 2.09T | -15.21% | 68Neutral |
 IN:ITC | ITC Limited | 3.30% | $3.26M | INR 3.57T | -30.24% | 79Outperform |
 IN:BAJAJFINSV | Bajaj Finserv Limited | 3.24% | $3.21M | INR 2.97T | -7.69% | 65Neutral |
IMVP Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IMVP, the sentiment is Positive. The current price of 20.23 is above the 20-day moving average (MA) of 19.26, above the 50-day MA of 19.12, and below the 200-day MA of 20.36, indicating a neutral trend. The MACD of 0.37 indicates Negative momentum. The RSI at 67.68 is Neutral, neither overbought nor oversold. The STOCH value of 89.38 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IMVP.
IMVP Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| IMVP | $20.23 | $21.50(6.28% Upside) | $96.57M | 0.78% | 68Neutral |
 NDIA | $28.55 | $31.43(10.08% Upside) | $55.33M | 0.75% | 60Neutral |
 INDH | $40.07 | $45.00(12.30% Upside) | $6.01M | 0.64% | 68Neutral |
 INDZ | $25.45 | ― | $5.58M | 0.75% | 64Neutral |
 IND | $23.78 | $26.12(9.84% Upside) | $4.76M | 0.19% | 63Neutral |
 INDQ | $25.86 | ― | $2.58M | 0.88% | 68Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IMVP | Invesco India ETF | 20.23 | -3.66 | -15.32% | |
| NDIA | Global X India Active ETF | 28.55 | -1.14 | -3.84% | |
| INDH | WisdomTree India Hedged Equity Fund | 40.07 | -2.02 | -4.79% | |
| INDZ | VanEck India Select ETF | 25.45 | 0.92 | 3.74% | |
| IND | Xtrackers Nifty 500 India ETF | 23.78 | -1.33 | -5.31% | |
| INDQ | Pacer ActiveAlpha India Quality ETF | 25.86 | 0.80 | 3.21% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.