Fund Performance
Lumpsum
SIP
4.72
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,484 today.
NAV Performance
Fund Information
-
₹ 2,717.641
as on 08 Dec 2023 -
Regular - Growth
-
7 / 20
-
₹ 1,000
-
₹ 2,406 Cr.
as on 31 May 2023 -
0.55%
-
28 Aug 2009
-
CRISIL 10 Year Gilt Index
-
Invesco Mutual Fund
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Highlights of this fund
Invesco India Money Market Fund is an Open-ended Debt Fund. The fund belongs to Money Market Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 28 Aug 2009. This fund is offered by one of the top AMC (Assets Management Company) Invesco Mutual Fund. You can also view here all other Debt funds offered by Invesco Mutual Fund.
Latest NAV of the fund is ₹ 2,717.641 as on 08 Dec 2023.
This fund has 14 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.55%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 1,000.
Fund Objective
To generate superior risk-adjusted returns by investing in Money Market Instruments.
List of Fund Managers of Invesco India Money Market Fund
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About Krishna Cheemalapati
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About Vikas Garg
Vikas Garg is the Portfolio Manager for Accrual funds – FRF, STIF, IoPs, RICBF. Earlier, he was the Head of Credit Research at L&T Investment Management. He has been with L&T Investment Management since November 2012. Prior to this, he was a Senior Credit Analyst with Fidelity Investments. Vikas holds an experience of 12 years in credit research in India and an overall experience of 14 years. His previous ssignments include Senior Analyst in ICRA and project engineer with Indian Oil Corporation. Vikas holds a Post Graduate Diploma in Management from XLRI Jamshedpur and is a chemical engineer from IIT Delhi. Vikas is also a CFA charter holder B.Tech, M.TEch, (IIT Delhi), MBA (XLRI, Jamshedpur).
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.15% | 0.57% | 1.73% | 3.53% | 7.45% | 6.06% | 6.26% | 6.67% | 8.46% | 7.36% | 6.82% | 6.11% | 6.47% | 6.51% |
| Category Average | 0.13% | 0.52% | 1.59% | 3.25% | 6.97% | 5.68% | 5.01% | 5.81% | 6.88% | 7.04% | 6.48% | 5.76% | 5.57% | 6.14% |
| Invesco India Money Market Fund | 0.15%₹ 10,014 | 0.53%₹ 10,052 | 1.61%₹ 10,161 | 3.27%₹ 10,327 | 7.02%₹ 10,702 | 6.89%₹ 12,443 | 5.33%₹ 11,093 | 6.26%₹ 25,581 | 4.72%₹ 11,484 | 5.51%₹ 39,146 | 5.44%₹ 13,033 | 5.21%₹ 68,444 | 6.74%₹ 19,205 | 5.98%₹ 1,63,086 |
| UTI Money Market Fund | 0.14%₹ 10,013 | 0.55%₹ 10,054 | 1.72%₹ 10,172 | 3.53%₹ 10,353 | 7.45%₹ 10,745 | 7.36%₹ 12,473 | 6.06%₹ 11,249 | 6.82%₹ 25,725 | 5.29%₹ 11,671 | 6.11%₹ 39,496 | 6.03%₹ 13,408 | 5.77%₹ 69,416 | 6.97%₹ 19,616 | 6.40%₹ 1,66,704 |
| Nippon India Money Market Fund | 0.13%₹ 10,012 | 0.57%₹ 10,056 | 1.71%₹ 10,171 | 3.48%₹ 10,348 | 7.39%₹ 10,739 | 7.28%₹ 12,468 | 6.06%₹ 11,248 | 6.79%₹ 25,716 | 5.30%₹ 11,675 | 6.10%₹ 39,490 | 6.06%₹ 13,423 | 5.77%₹ 69,421 | 6.97%₹ 19,623 | 6.41%₹ 1,66,804 |
| Aditya Birla Sun Life Money Manager Fund | 0.13%₹ 10,013 | 0.56%₹ 10,055 | 1.71%₹ 10,171 | 3.49%₹ 10,348 | 7.45%₹ 10,744 | 7.34%₹ 12,471 | 6.02%₹ 11,240 | 6.80%₹ 25,720 | 5.29%₹ 11,671 | 6.09%₹ 39,488 | 6.17%₹ 13,494 | 5.84%₹ 69,543 | 7.07%₹ 19,814 | 6.51%₹ 1,67,670 |
| SBI Savings Fund | 0.13%₹ 10,012 | 0.52%₹ 10,052 | 1.58%₹ 10,157 | 3.23%₹ 10,322 | 6.91%₹ 10,690 | 6.79%₹ 12,436 | 5.48%₹ 11,126 | 6.26%₹ 25,580 | 4.76%₹ 11,498 | 5.56%₹ 39,171 | 5.59%₹ 13,132 | 5.27%₹ 68,563 | 6.69%₹ 19,115 | 6.00%₹ 1,63,292 |
| ICICI Prudential Money Market Fund | 0.14%₹ 10,013 | 0.55%₹ 10,055 | 1.68%₹ 10,168 | 3.46%₹ 10,345 | 7.37%₹ 10,737 | 7.27%₹ 12,467 | 5.92%₹ 11,219 | 6.72%₹ 25,700 | 5.18%₹ 11,634 | 6.00%₹ 39,433 | 5.99%₹ 13,378 | 5.70%₹ 69,297 | 6.93%₹ 19,552 | 6.35%₹ 1,66,257 |
Portfolio Holdings
Top Debt Instrument Type holdings of Invesco India Money Market Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CD | 44.45% | ₹ 1,456.05 Cr. |
| CP | 32.44% | ₹ 1,063.08 Cr. |
| T-Bills | 15.23% | ₹ 498.51 Cr. |
| GOI | 3.46% | ₹ 113.77 Cr. |
| Others | 4.42% | - |
Top Debt Holdings of Invesco India Money Market Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 15.23% | ₹ 498.51 Cr. |
| Bond - Small Industries Development Bank Of India | 7.92% | ₹ 259.45 Cr. |
| Bond - Kotak Mahindra Bank Ltd. | 7.92% | ₹ 259.47 Cr. |
| Bond - State Bank Of India | 7.65% | ₹ 250.69 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 7.21% | ₹ 236.26 Cr. |
| Others | 54.07% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 4.60% |
| Net Receivables | -0.18% |