| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.55% |
| NAV | ₹1000.29 (07 Aug 2020) |
|---|---|
| Fund Started | 27 Jun 2011 |
| Fund Size | ₹632 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | CD | 9.4% |
| Reserve Bank of India | Financial | T-Bills | 9.4% |
| Export-Import Bank Of India | Financial | CD | 9.4% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 9.4% |
| National Bank For Agriculture & Rural Development | Financial | CP | 9.4% |
| Axis Bank Ltd. | Financial | CD | 9.4% |
| Sundaram Finance Ltd. | Financial | CP | 9.3% |
| Bank Of Baroda | Financial | CD | 6.6% |
| Bajaj Housing Finance Ltd. | Financial | CP | 4.7% |
| Reliance Industries Ltd. | Energy | CP | 4.7% |
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 ₹632 Cr and the Latest NAV as of 07 Aug 2020 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.
To generate high level of current income (vis-a-vis treasury bills) consistent with preservation of capital and maintenance of liquidity by investing primarily in investment-grade debt securities and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.