Invesco India Overnight Fund Direct Growth
Debt
Direct
Overnight
NAV as on 04-09-2024
₹ 1243.99
Inception Returns
4.8%
/yr
About the Fund
Invesco India Overnight Fund Direct Growth is a debt fund. This fund was started on 8 January, 2020. The fund is managed by Krishna Cheemalapati. This fund is suitable to keep your money safe.
Key Parameters
- Invesco India Overnight Fund Direct Growth has ₹545 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Invesco India Overnight Fund Direct Growth has given a CAGR return of 4.80% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 6.82% and 5.66% respectively.
Holdings
Invesco India Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government. Its top holdings are ICICI Securities Limited, Bajaj Financial Securities Limited, 182 DTB 22082024
Taxation
As it is a overnight 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 Overnight Fund Direct Growth
To generate income commensurate with low risk and high liquidity by investing in overnight securities having residual maturity of 1 business day. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Invesco India Overnight Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.06% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹545 Cr |
| Inception Date | 8 January, 2020 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 954.42% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
| Risk |   Low Risk |
Trailing Returns
as on (04-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 509.4 Cr as of Jul'24
- AUM increased by 134.8 Cr between Jul'24 and Jun'24
Top Sector in July was Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Securities Limited | 9.17% | 0% | |
Bajaj Financial Securities Limited | 9.17% | 0% | |
182 DTB 22082024 | 0.92% | 0% |
Invesco India Overnight Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.06%
Frequently Asked Questions
Invesco India Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.54% | 0.54% |
6 Month Returns | 3.32% | 3.32% |
1 Year Returns | 6.82% | 6.82% |
3 Years Returns | 17.97% | 5.66% |
5 Years Returns | 0% | 0% |
- 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 |