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Invesco India Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (21-Nov-24)
₹3007.030.03%1D
Returns (Since Inception)
7.31%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹4,959 Cr
Expense Ratio
0.22%
ISIN
INF205K01RY9
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Invesco India Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Invesco Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹3007.03, Assets Under Management (AUM) of 4959.36 Crores, and an expense ratio of 0.22%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹3007.03, Assets Under Management (AUM) of 4959.36 Crores, and an expense ratio of 0.22%.
- Invesco India Money Market Fund Direct Growth has given a CAGR return of 7.31% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 14.29% in debts, and 85.50% in cash & cash equivalents.
- You can start investing in Invesco India Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.62%
— (Cat Avg.)
3 Years
+6.29%
— (Cat Avg.)
5 Years
+5.80%
— (Cat Avg.)
10 Years
+6.84%
— (Cat Avg.)
Since Inception
+7.31%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹708.61 Cr | 14.29% |
| Others | ₹4,250.75 Cr | 85.71% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Hdfc Bank Limited 2025 ** # | Cash | ₹357.37 Cr | 7.21% |
| Icici Bank Limited 2025 ** # | Cash | ₹313.58 Cr | 6.32% |
| Lic Housing Finance Limited 2025 ** | Cash | ₹273.35 Cr | 5.51% |
| Kotak Mahindra Bank Limited 2025 ** # | Cash | ₹267.03 Cr | 5.38% |
| National Bank For Agriculture And Rural Development 2025 ** # | Cash | ₹243.78 Cr | 4.92% |
| Axis Bank Limited 2025 ** # | Cash | ₹236.88 Cr | 4.78% |
| Canara Bank 2025 # | Cash | ₹211.8 Cr | 4.27% |
| 364 DTB | Bond - Gov't/Treasury | ₹169.41 Cr | 3.42% |
| Bank Of Baroda 2025 ** # | Cash | ₹168.55 Cr | 3.40% |
| 364 DTB 06032025 | Bond - Gov't/Treasury | ₹151.59 Cr | 3.06% |
| Bank Of Baroda 2025 # | Cash | ₹147.03 Cr | 2.96% |
| Punjab National Bank 2025 ** # | Cash | ₹144.91 Cr | 2.92% |
| Small Industries Dev Bank Of India 2025 ** # | Cash | ₹141.11 Cr | 2.85% |
| Bharti Telecom Limited 2025 ** | Cash | ₹125.04 Cr | 2.52% |
| Muthoot Finance Limited 2025 ** | Cash | ₹121.8 Cr | 2.46% |
| Toyota Financial Services India Limited 2025 ** | Cash | ₹118.49 Cr | 2.39% |
| Sundaram Finance Limited 2025 ** | Cash | ₹118.2 Cr | 2.38% |
| Export Import Bank Of India 2025 ** | Cash | ₹97.48 Cr | 1.97% |
| Icici Securities Limited 2025 ** | Cash | ₹97.31 Cr | 1.96% |
| Infina Finance Private Limited 2025 ** | Cash | ₹95.72 Cr | 1.93% |
| Small Industries Dev Bank Of India 2025 ** | Cash | ₹81.89 Cr | 1.65% |
| Pnb Housing Finance Limited 2025 ** | Cash | ₹79.43 Cr | 1.60% |
| 07.38% MP Sdl 2025 | Bond - Gov't/Treasury | ₹75.2 Cr | 1.52% |
| 182 D Tbill Mat - 14/02/2025 | Bond - Gov't/Treasury | ₹73.61 Cr | 1.48% |
| 182 DTB 20022025 | Bond - Gov't/Treasury | ₹73.53 Cr | 1.48% |
| 182 DTB 18102024 | Bond - Gov't/Treasury | ₹73.35 Cr | 1.48% |
| Kotak Securities Limited 2025 ** | Cash | ₹73.16 Cr | 1.48% |
| Bajaj Finance Limited 2025 ** | Cash | ₹73.01 Cr | 1.47% |
| Triparty Repo | Cash - Repurchase Agreement | ₹72.33 Cr | 1.46% |
| 182 DTB 17012025 | Bond - Gov't/Treasury | ₹49.32 Cr | 0.99% |
| Tata Capital Housing Finance Limited 2025 ** | Cash | ₹49.12 Cr | 0.99% |
| Union Bank Of India 2025 ** # | Cash | ₹49.12 Cr | 0.99% |
| Cholamandalam Investment And Finance Company Ltd 2025 | Cash | ₹48.82 Cr | 0.98% |
| Tata Motors Finance Limited 2025 ** | Cash | ₹48.65 Cr | 0.98% |
| Export Import Bank Of India 2025 ** # | Cash | ₹48.61 Cr | 0.98% |
| 364 DTB 18042025 | Bond - Gov't/Treasury | ₹48.52 Cr | 0.98% |
| Kotak Mahindra Bank Limited 2025 # | Cash | ₹47.9 Cr | 0.97% |
| Hdfc Credila Financial Services Pvt Limited 2025 ** | Cash | ₹47.56 Cr | 0.96% |
| Axis Bank Limited 2025 # | Cash | ₹47.51 Cr | 0.96% |
| Sundaram Home Finance Limited 2025 ** | Cash | ₹47.03 Cr | 0.95% |
| The Federal Bank Limited 2025 ** # | Cash | ₹46.97 Cr | 0.95% |
| Tata Projects Limited 2025 | Cash | ₹24.37 Cr | 0.49% |
| 364 DTB 24072025 | Bond - Gov't/Treasury | ₹23.86 Cr | 0.48% |
| 364 DTB 13032025 | Bond - Gov't/Treasury | ₹19.54 Cr | 0.39% |
| 364 DTB | Bond - Gov't/Treasury | ₹14.8 Cr | 0.30% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹10.34 Cr | 0.21% |
| Mahindra & Mahindra Financial Services Limited 2025 ** | Cash | ₹9.73 Cr | 0.20% |
| Net Receivables / (Payables) | Cash | ₹1.66 Cr | 0.03% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash | ₹4,103.96 Cr | 82.75% |
| Bond - Gov't/Treasury | ₹772.73 Cr | 15.58% |
| Cash - Repurchase Agreement | ₹72.33 Cr | 1.46% |
| Mutual Fund - Open End | ₹10.34 Cr | 0.21% |
| Cash - CD/Time Deposit | ₹0 Cr | - |
| Bond - Corporate Bond | ₹0 Cr | - |
| Cash - Commercial Paper | ₹0 Cr | - |
| Bond - Gov't Agency Debt | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.68%
Cat. avg.
0.69%
Lower the better
Sharpe Ratio
This fund
0.21
Cat. avg.
-0.21
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.05
Higher the better
Fund Managers
Krishna Cheemalapati
Since January 2020
VG
Vikas Garg
Since December 2020
Additional Scheme Detailsas of 31st October 2024
ISIN INF205K01RY9 | Expense Ratio 0.22% | Exit Load No Charges | Fund Size ₹4,959 Cr | Age 11 years 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Money Market TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1033.79 Cr | 7.0% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹173.97 Cr | 7.4% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹173.97 Cr | 6.6% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹101.63 Cr | 7.5% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹101.63 Cr | 7.4% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹23.97 Cr | 6.5% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹23.97 Cr | 6.1% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹26782.99 Cr | 7.7% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2458.17 Cr | 7.6% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹27674.69 Cr | 7.7% |
About the AMC
Invesco Mutual Fund
Total AUM
₹1,02,708 Cr
Address
Unit No: 2101 A, 21st floor, A – Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai – 400 013 Maharashtra, India
Other Funds by Invesco Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of Invesco India Money Market Fund Direct Growth?
The NAV of Invesco India Money Market Fund Direct Growth, as of 21-Nov-2024, is ₹3007.03.
What are the returns of Invesco India Money Market Fund Direct Growth?
The fund has generated 7.62% over the last 1 year and 6.29% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Invesco India Money Market Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 14.29% in bonds, and 85.50% in cash and cash equivalents.
Who manages the Invesco India Money Market Fund Direct Growth?
The fund managers responsible for Invesco India Money Market Fund Direct Growth are:-
- Krishna Cheemalapati
- Vikas Garg
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.