Invesco India Ultra Short Duration Fund Direct Plan Growth
Debt
Direct
Ultra Short Duration
NAV: ₹ 2637 as on 03-05-2024
About the Fund
Invesco India Ultra Short Duration Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Krishna Cheemalapati, Vikas Garg. This fund is suitable to keep your money safe.
Key Parameters
- Invesco India Ultra Short Duration Fund Direct Plan Growth has ₹614 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Fund Performance
14 people have invested ₹ 7.3L in Invesco India Ultra Short Duration Fund Direct Plan Growth in the last three months
Overview
 | 0.24% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹614 Cr |
 | 1 January, 2013 |
 | ₹1000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 324.5% |
Invesco India Ultra Short Duration Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
79.6%
AA
20.4%
Sector Allocation
Corporate
63.7%
Cash Equivalent
18.6%
Government
17.7%
Top Holdings of Invesco India Ultra Short Duration Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings30
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Limited | 8.32% | 0% | |
Power Grid Corporation Of India Limited | 4.31% | 0% | |
Jamnagar Utilities & Power Private Limited | 4.31% | 0% | |
National Bank For Agriculture And Rural Development | 4.26% | 0% | |
Bank Of Baroda | 4.24% | 100% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 629.7 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.24% which is lower than the category average expense ratio of 0.56%.
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.54% return, outperforming this fund by 1.81% per annum.
Over the last 3 months, this fund has experienced a 9.5% drop in AUM moving from 679.03 Cr to 614.38 Cr.
In the last 5 years, ICICI Prudential Ultra Short Term Fund Direct Plan Growth has given 6.61% return, outperforming this fund by 0.71% per annum.
In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.73% return, outperforming this fund by 0.26%.
Peer Analysis
Fund Manager
Krishna Cheemalapati
Fund Manager of Invesco India Ultra Short Duration Fund Direct Plan Growth, since 4 January 2020
Top funds managed
Vikas Garg
Fund Manager of Invesco India Ultra Short Duration Fund Direct Plan Growth, since 27 July 2021
Top funds managed
Invesco India Ultra Short Duration Fund Direct Plan Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.36% since inception which is more than its category average return of 7.19%
AUM size ₹614 Cr
This fund has AUM of ₹614 Cr which is less than its category average of ₹ 2935 Cr
Expense Ratio 0.24%
This fund has an expense ratio of 0.24% which is less than its category average expense ratio of 0.64%
Frequently Asked Questions
The current NAV of Invesco India Ultra Short Duration Fund Direct Plan Growth is ₹2637 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
Invesco India Ultra Short Duration Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 3.76% | 3.76% |
1 Year Returns | 7.47% | 7.47% |
3 Years Returns | 18.2% | 5.73% |
5 Years Returns | 33.23% | 5.91% |
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.
0.24% as on April 2024
₹614 Cr as on April 2024
ICICI Bank Limited(8.32%), Power Grid Corporation Of India Limited(4.31%), Jamnagar Utilities & Power Private Limited(4.31%), National Bank For Agriculture And Rural Development(4.26%), Bank Of Baroda(4.24%) as on April 2024
Corporate(65.27%), Government(20.32%), Cash Equivalent(14.41%) as on April 2024
Yield to Maturity is 7.67 as on April 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 0.42 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 79.61 |
AA | 20.39 |
Krishna Cheemalapati, Vikas Garg are the fund managers of Invesco India Ultra Short Duration Fund Direct Plan Growth
The Exit load of Invesco India Ultra Short Duration Fund Direct Plan Growth is 0%