Fund Details
Invesco India Money Market Fund Direct Discretionary IDCW
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.20% |
| NAV | ₹2192.42 (12 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,066 Cr |
Returns
Comparison
1. Lower expense ratio - 0.2%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 18.5% |
| Reserve Bank of India | Financial | T-Bills | 6.8% |
| Axis Bank Ltd. | Financial | CD | 6.3% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 5.4% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 5.4% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.5% |
| LIC Housing Finance Ltd. | Financial | CP | 4.5% |
| Bajaj Finance Ltd. | Financial | CP | 4.5% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 4.1% |
| Maharashtra State | Others | SDL | 2.4% |
Fund Managers
Invesco India Money Market Fund Direct Discretionary IDCW Details
Invesco India Money Market Fund Direct Discretionary IDCW is a Debt Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Nitish Sikand is the Current Fund Manager of Invesco India Money Market Fund Direct Discretionary IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,066 Cr and the Latest NAV as of 12 Apr 2021 is ₹2192.42.
The Invesco India Money Market Fund Direct Discretionary IDCW 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.
