Invesco India Medium Duration Fund Direct Growth

Invesco India Medium Duration Fund Direct Growth

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Debt
Direct
Medium Duration
NAV: ₹ 1168.2 as on 13-06-2024

About the Fund

Invesco India Medium Duration Fund Direct Growth is a debt fund. This fund was started on 16 July, 2021. The fund is managed by Vikas Garg, Krishna Cheemalapati. This fund is suitable to keep your money safe.

Key Parameters

  1. Invesco India Medium Duration Fund Direct Growth has ₹229 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Invesco India Medium Duration Fund Direct Growth has given a CAGR return of 5.49% since inception. Over the last 1 year the fund has given a CAGR return of 7.11%.

Holdings

Invesco India Medium Duration Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, 07.96 MH Sdl 2026, 7.26% Govt Stock 2033, 7.18% Govt Stock 2033, 7.32% Govt Stock 2030

Taxation

As it is a medium duration 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 Medium Duration Fund Direct Growth

To generate income by investing in a portfolio of Debt and Money Market Instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years. 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 1000.00. Invesco India Medium Duration Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
6 people have invested ₹ 6K in Invesco India Medium Duration Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.4%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹229 Cr
Inception Date
Inception Date
16 July, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
107.58%

Invesco India Medium Duration Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
86.4%
AA
13.6%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
55.1%
Corporate
22.5%
Cash Equivalent
22.4%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 226.8 Cr
₹ 223.5 Cr
₹ 222 Cr
  • AUM of the fund stands at 226.8 Cr as of Apr'24
  • AUM increased by 3.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of Invesco India Medium Duration Fund Direct Growth as on (31-May-24)

  • Debt & Cash

Debt Holdings25
Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
13.22%
0%
07.96 MH Sdl 2026
07.96 MH Sdl 2026
11.05%
0%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
8.84%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
6.61%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
4.42%
0%

Fund Manager

Vikas Garg
Vikas Garg
Fund Manager of Invesco India Medium Duration Fund Direct Growth, since 16 July 2021
Krishna Cheemalapati
Krishna Cheemalapati
Fund Manager of Invesco India Medium Duration Fund Direct Growth, since 16 July 2021

Invesco India Medium Duration Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.49% since inception which is more than its category average return of 4.42%
AUM size ₹229 Cr

AUM size ₹229 Cr

This fund has AUM of ₹229 Cr which is less than its category average of ₹ 1528 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.97%

Frequently Asked Questions

The current NAV of Invesco India Medium Duration Fund Direct Growth is ₹1168.2 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
Invesco India Medium Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.87%
0.87%
6 Month Returns
4.51%
4.51%
1 Year Returns
7.11%
7.11%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.4% as on May 2024
₹229 Cr as on May 2024
7.18% Govt Stock 2037(13.22%), 07.96 MH Sdl 2026(11.05%), 7.26% Govt Stock 2033(8.84%), 7.18% Govt Stock 2033(6.61%), 7.32% Govt Stock 2030(4.42%) as on May 2024
Government(52.83%), Corporate(26.68%), Cash Equivalent(20.49%) as on May 2024
Yield to Maturity is 7.46 as on May 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 3.65 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
86.37
AA
13.63
Vikas Garg, Krishna Cheemalapati are the fund managers of Invesco India Medium Duration Fund Direct Growth
The Exit load of Invesco India Medium Duration Fund Direct Growth is 0%