Invesco India Ultra Short Duration Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl

Invesco India Ultra Short Duration Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl 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.

1. Invesco India Ultra Short Duration Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl has ₹1130 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.2.
   

Invesco India Ultra Short Duration Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 6.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.88%, 7.22% and 5.98% respectively.

Invesco India Ultra Short Duration Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development, HDFC Bank Limited, Axis Bank Limited, Cholamandalam Investment And Finance Company Limited

As it is a ultra short 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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

To primarily generate accrual income by investing in a portfolio of short term Money Market and Debt Instruments.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Invesco India Ultra Short Duration Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl has no lock in period.