Fund Details
Invesco India Money Market Fund Dividend Daily
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.55% |
| NAV | ₹1000.29 (21 Jan 2021) |
|---|---|
| Fund Started | 27 Jun 2011 |
| Fund Size | ₹582 Cr |
Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. Risk is lower compared to the benchmark
3. Exit load is zero
4. Age is more than 10 years
5. Risk-adjusted returns are higher compared to the category
1. 1Y Returns are lower than the benchmark
2. 5Y Returns are lower than the benchmark
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 8.0% |
| Reserve Bank of India | Financial | T-Bills | 7.9% |
| Export-Import Bank Of India | Financial | CD | 7.9% |
| ICICI Securities Ltd. | Financial | CP | 7.8% |
| Reliance Industries Ltd. | Energy | CP | 4.0% |
| Reliance Retail Ventures Ltd. | Services | CP | 4.0% |
| Ultratech Cement Ltd. | Construction | CP | 3.9% |
| Reserve Bank of India | Financial | T-Bills | 3.9% |
| HDFC Securities Ltd. | Financial | CP | 3.9% |
| SBI Cards & Payments Services Ltd. | Financial | CP | 3.9% |
Fund Managers
Invesco India Money Market Fund Dividend Daily Details
Invesco India Money Market Fund Dividend Daily is a Debt Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 27 Jun 2011. Nitish Sikand is the Current Fund Manager of Invesco India Money Market Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹582 Cr and the Latest NAV as of 21 Jan 2021 is ₹1000.29.
The Invesco India Money Market Fund Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
Investment Objective
The scheme seeks to generate superior risk-adjusted returns by investing in Money Market Instruments
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
