Invesco India Money Market Fund Discretionary Dividend is a Debt Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was introduced to investors on 10 Nov 2014. Nitish Sikand is the Current Fund Manager of Invesco India Money Market Fund Discretionary Dividend.The fund currently has an Asset Under Management(AUM) of ₹1,039 Cr and the Latest NAV as of 20 Jan 2020 is ₹2251.28.
The Invesco India Money Market Fund Discretionary Dividend is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Nil.
Investment Objective
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.
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