6M
1Y
3Y
5Y
All
Fund Details
Invesco India Money Market Fund IDCW Daily
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.55% |
| NAV | ₹1000.29 (23 Jul 2021) |
|---|---|
| Fund Started | 27 Jun 2011 |
| Fund Size | ₹1,818 Cr |
Returns
1Y
3Y*
5Y*
Since inception*
Fund Returns
3.6%
6.1%
6.4%
8.2%
Category Average
3.7%
6.3%
6.5%
-
Rank Within Category
12
11
9
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount₹1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
₹0
with 3.6% returns per annum
Comparison
Data not available
Pros
1. Age is more than 10 years
2. Exit load is zero
Cons
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 15.0% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 9.4% |
| Reserve Bank of India | Financial | T-Bills | 8.0% |
| National Bank For Agriculture & Rural Development | Financial | CP | 5.4% |
| Sundaram Finance Ltd. | Financial | CP | 5.3% |
| Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 4.8% |
| Karnataka State | Others | SDL | 4.8% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.0% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 4.0% |
| Axis Bank Ltd. | Financial | CD | 3.8% |
See All
Fund Managers
Sujoy Kumar Das
Education
Mr. Das is a B.Sc.(Economics) and PGDBA (Finance and International Business)
Experience
Prior to joining Invesco Mutual Fund he has worked with BOI AXA Mutual Fund, DSP Mutual Fund and HDFC Bank.
Funds Managed
Nitish Sikand
Education
Mr. Sikand holds a Commerce degree and is an MBA with a specialization in Finance.
Experience
Prior to joining Invesco Mutual Fund, he has worked with ICICI Bank as Product Manager, JM Financial Asset Management & Citicorp Maruti Finance Limited.
Funds Managed
Krishna Venkat Cheemalapati
Education
Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.
Experience
Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.
Funds Managed
Vikas Garg
Education
Mr. Garg is CFA MBA Finance, B-Tech and M- Tech
Experience
Prior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.
Funds Managed
Invesco India Money Market Fund IDCW Daily Details
Invesco India Money Market Fund IDCW 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 IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹1,818 Cr and the Latest NAV as of 23 Jul 2021 is ₹1000.29.
The Invesco India Money Market Fund IDCW Daily is rated Low to Moderate 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.
Scheme Information Document(SID)
₹1000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load
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Invesco India Money Market Fund IDCW Daily
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About Invesco Mutual Fund
Address
3rd Floor, GYS Infinity, Paranjpe 'B' Scheme, Subhash Road, Vile Parle (East), Mumbai 400 057
Phone
022 - 67310000
Launch Date
24 Jul 2006
E-mail
[email protected]Website
NAInvesco Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.com
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