Invesco India Credit Risk Fund Direct Growth
Debt
Direct
Credit Risk
NAV: ₹ 1894.53 as on 18-04-2024
Fund Performance
18 people have invested ₹ 3.6L in Invesco India Credit Risk Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 3 years, UTI Credit Risk Fund Direct Plan Growth Option has given 11.6% return, outperforming this fund by 4.28% per annum.
In the last 5 years, ICICI Prudential Credit Risk Fund Direct Plan Growth has given 8.18% return, outperforming this fund by 1.6% per annum.
This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.28% which is lower than the category average expense ratio of 1.22%.
Over the last 3 months, this fund has experienced a 2.5% drop in AUM moving from 141.2 Cr to 137.7 Cr.
In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 16.07% return, outperforming this fund by 7.04%.
About the Invesco India Credit Risk Fund Direct Growth
Invesco India Credit Risk Fund Direct Growth is a debt fund. This fund was started on 4 September, 2014. The fund is managed by Krishna Cheemalapati, Vikas Garg. This fund is suitable to keep your money safe.
Key Parameters
- Invesco India Credit Risk Fund Direct Growth has ₹137 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Invesco India Credit Risk Fund Direct Growth Overview
 | 0.28% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹137 Cr |
 | 4 September, 2014 |
 | ₹1000/₹1000 |
 Exit Load | 4% |
 | No Lock-in |
 TurnOver | 131.34% |
Invesco India Credit Risk Fund Direct Growth Distribution as on (31-Mar-24)
Sector Allocation
Consumer Cyclical
100%
Top Holdings of Invesco India Credit Risk Fund Direct Growth as on (31-Mar-24)
Equity Holdings1
Debt Holdings13
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Sintex Industries Ltd | 0.03% | 0% |
Invesco India Credit Risk Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 137.7 Cr as of Mar'24
- AUM increased by 0.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Invesco India Credit Risk Fund Direct Growth Fund Manager
Krishna Cheemalapati
Fund Manager of Invesco India Credit Risk Fund Direct Growth, since 16 December 2020
Top funds managed
Vikas Garg
Fund Manager of Invesco India Credit Risk Fund Direct Growth, since 26 September 2020
Top funds managed
Invesco India Credit Risk Fund Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.86% since inception which is more than its category average return of 5.24%
Fund Allocations
This fund has an allocation of 0.03% in Equity, 77.6% in Debt and 22.11% in Cash related instruments
AUM size ₹137 Cr
This fund has AUM of ₹137 Cr which is less than its category average of ₹ 1256 Cr
Expense Ratio 0.28%
This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 1.15%
Frequently Asked Questions
The current NAV of Invesco India Credit Risk Fund Direct Growth is ₹1894.53 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Invesco India Credit Risk Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.43% | 0.43% |
6 Month Returns | 5.55% | 5.55% |
1 Year Returns | 9.03% | 9.03% |
3 Years Returns | 23.6% | 7.32% |
5 Years Returns | 37.48% | 6.57% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.28% as on March 2024
₹137 Cr as on March 2024
7.18% Govt Stock 2033(14.65%), 7.18% Govt Stock 2037(10.98%), PNb Housing Finance Limited(7.27%), Century Textiles And Industried Limited(7.25%), The Tata Power Company Limited(7.24%) as on March 2024
Government(40.05%), Corporate(37.75%), Cash Equivalent(22.17%) as on March 2024
Yield to Maturity is 7.68 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.45 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA | 63.92 |
AAA | 36.08 |
Krishna Cheemalapati, Vikas Garg are the fund managers of Invesco India Credit Risk Fund Direct Growth
The Exit load of Invesco India Credit Risk Fund Direct Growth is 4%