Invesco India Money Market Fund Regular Plan Dividend Monthly is a Debt Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was introduced to investors on 28 Aug 2009. Nitish Sikand is the Current Fund Manager of Invesco India Money Market Fund Regular Plan Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹1,453 Cr and the Latest NAV as of 20 Sep 2019 is ₹1084.74.
The Invesco India Money Market Fund Regular Plan Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. 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)
₹5000
Min for First Investment
₹1000
Min for Second Investment