Invesco India Money Market Fund Direct Growth
Debt
Direct
Money Market
NAV as on 27-12-2024
₹ 3026.12
Inception Returns
7.3%
/yr
About Invesco India Money Market Fund Direct Growth
Invesco India Money Market Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Krishna Cheemalapati, Vikas Garg. This fund is suitable to keep your money safe.
Key Parameters
- Invesco India Money Market Fund Direct Growth has ₹5451 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Invesco India Money Market Fund Direct Growth has given a CAGR return of 7.31% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.59%, 6.38% and 5.83% respectively.
Holdings
Invesco India Money Market Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are ICICI Bank Limited, HDFC Bank Ltd., 364 DTB, Bharti Telecom Limited, 364 DTB 06032025
Taxation
As it is a money market mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Invesco India Money Market Fund Direct Growth
To generate superior risk-adjusted returns by investing in Money Market Instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Invesco India Money Market Fund Direct Growth has no lock in period.
Historical NAV & Returns
Invesco India Money Market Fund Direct Growth Overview
| Expense ratio | 0.22% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹5451 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 218.79% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (27-Dec-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 5.7K Cr as of Nov'24
- AUM increased by 788.5 Cr between Nov'24 and Oct'24
Top 2 Sectors in November were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Limited | 3.6% | 100% | |
HDFC Bank Ltd. | 3.47% | 100% | |
364 DTB | 3.13% | 0% | |
Bharti Telecom Limited | 3% | 0% | |
364 DTB 06032025 | 2.8% | 0% |
Mutual Fund Insights
Invesco India Money Market Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹5451 Cr
Expense Ratio 0.22%
Frequently Asked Questions for Invesco India Money Market Fund Direct Growth
Invesco India Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 3.66% | 3.66% |
1 Year Returns | 7.59% | 7.59% |
3 Years Returns | 20.38% | 6.38% |
5 Years Returns | 32.74% | 5.83% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |