|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹2397.37 (12 Apr 2021)|
|Fund Started||10 Nov 2014|
|Fund Size||₹1,066 Cr|
|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%|
Invesco India Money Market Fund Discretionary IDCW is a Debt Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 10 Nov 2014. Nitish Sikand is the Current Fund Manager of Invesco India Money Market Fund 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 ₹2397.37.
The Invesco India Money Market Fund Discretionary IDCW is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000.
The scheme seeks to generate superior risk-adjusted returns by investing in 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.