Debt
Direct
Overnight
NAV as on 04-09-2024
₹ 1243.99
Inception Returns
4.8%
/yr
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.
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.
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
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.
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 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.
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 |
as on (04-Sep-24)
as on (31-Dec-69)
Top Sector in July was Government
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% |
AAA | 100 |