Debt
Direct
Money Market
NAV as on 06-12-2024
₹ 3018.03
Inception Returns
7.3%
/yr
Invesco India Money Market Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vikas Garg, Krishna Cheemalapati. This fund is suitable to keep your money safe.
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 7.66%, 6.33% and 5.82% respectively.
Invesco India Money Market Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are LIC Housing Finance Ltd., HDFC Bank Ltd., 364 DTB, 364 DTB 06032025, 182 DTB 15052025
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.
To generate superior risk-adjusted returns by investing in Money Market Instruments.
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.
Expense ratio | 0.22% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹5143 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 |
as on (06-Dec-24)
as on (31-Dec-69)
Top 2 Sectors in October were Corporate, Government
Invesco India Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.75% | 3.75% |
1 Year Returns | 7.66% | 7.66% |
3 Years Returns | 20.22% | 6.33% |
5 Years Returns | 32.66% | 5.82% |
AAA | 100 |