Invesco India Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (25-Jul-24)
₹2937.620.02%1D
Returns (Since Inception)
7.31%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹4,537 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, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹2937.62, Assets Under Management (AUM) of 4536.71 Crores, and an expense ratio of 0.22%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹2937.62, Assets Under Management (AUM) of 4536.71 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, 35.29% in debts, and 64.52% 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
+7.41%
+6.38% (Cat Avg.)
3 Years
+5.86%
+5.44% (Cat Avg.)
5 Years
+5.76%
+5.20% (Cat Avg.)
10 Years
+6.91%
+5.67% (Cat Avg.)
Since Inception
+7.31%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Debt | ₹1,601.04 Cr | 35.29% |
| Others | ₹2,935.67 Cr | 64.71% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹190.68 Cr | 4.76% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹190.28 Cr | 4.75% |
| 364 DTB 06032025 | Bond - Gov't/Treasury | ₹148.02 Cr | 3.69% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹143.15 Cr | 3.57% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹142.91 Cr | 3.56% |
| Canara Bank | Bond - Gov't Agency Debt | ₹142.59 Cr | 3.56% |
| Export-Import Bank of India | Cash - Commercial Paper | ₹118.86 Cr | 2.96% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹118.54 Cr | 2.96% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹95.68 Cr | 2.39% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹95.68 Cr | 2.39% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹95.53 Cr | 2.38% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹95.25 Cr | 2.38% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹95.17 Cr | 2.37% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹95.13 Cr | 2.37% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹95.13 Cr | 2.37% |
| HDB Financial Services | Cash - Commercial Paper | ₹95.03 Cr | 2.37% |
| Cholamandalam Investment & Finance Co Ltd. | Cash - Commercial Paper | ₹95.01 Cr | 2.37% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹94.71 Cr | 2.36% |
| 07.38% MP Sdl 2025 | Bond - Gov't/Treasury | ₹75.13 Cr | 1.87% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹71.79 Cr | 1.79% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹71.72 Cr | 1.79% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹71.53 Cr | 1.78% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹71.45 Cr | 1.78% |
| IDFC First Bank Ltd. | Bond - Corporate Bond | ₹71.45 Cr | 1.78% |
| Kotak Securities Ltd | Cash - Commercial Paper | ₹71.3 Cr | 1.78% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹71.26 Cr | 1.78% |
| Muthoot Finance Ltd. | Cash - Commercial Paper | ₹71.11 Cr | 1.77% |
| India (Republic of) | Bond - Short-term Government Bills | ₹70.88 Cr | 1.77% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹70.08 Cr | 1.75% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹69.78 Cr | 1.74% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-67.93 Cr | 1.69% |
| 08.07 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹65.36 Cr | 1.63% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹47.83 Cr | 1.19% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹47.7 Cr | 1.19% |
| Bank of Baroda | Bond - Corporate Bond | ₹47.67 Cr | 1.19% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹47.67 Cr | 1.19% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹47.65 Cr | 1.19% |
| Indian Bank | Bond - Gov't Agency Debt | ₹47.51 Cr | 1.19% |
| Bank Of India | Cash - CD/Time Deposit | ₹47.5 Cr | 1.18% |
| Toyota Financial Services India Limited | Cash - Commercial Paper | ₹47.49 Cr | 1.18% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹47.48 Cr | 1.18% |
| Canara Bank | Bond - Gov't Agency Debt | ₹47.45 Cr | 1.18% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹47.43 Cr | 1.18% |
| Export-Import Bank of India | Cash - CD/Time Deposit | ₹47.43 Cr | 1.18% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹47.41 Cr | 1.18% |
| Mahindra & Mahindra Financial Services Ltd. | Cash - Commercial Paper | ₹47.39 Cr | 1.18% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹47.36 Cr | 1.18% |
| Tata Motors Finance Limited | Cash - Commercial Paper | ₹47.33 Cr | 1.18% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹46.51 Cr | 1.16% |
| 08.06 Tn SDL 2025 | Bond - Gov't/Treasury | ₹35.2 Cr | 0.88% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹33.33 Cr | 0.83% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹28.44 Cr | 0.71% |
| Bank Of India | Cash - CD/Time Deposit | ₹23.82 Cr | 0.59% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹23.82 Cr | 0.59% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹23.77 Cr | 0.59% |
| Canara Bank | Bond - Gov't Agency Debt | ₹23.69 Cr | 0.59% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹7.4 Cr | 0.18% |
| Triparty Repo | Cash - Repurchase Agreement | ₹1 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹1,500.02 Cr | 37.41% |
| Cash - Commercial Paper | ₹1,154.05 Cr | 28.78% |
| Bond - Corporate Bond | ₹641.13 Cr | 15.99% |
| Bond - Gov't Agency Debt | ₹379.27 Cr | 9.46% |
| Bond - Gov't/Treasury | ₹323.71 Cr | 8.07% |
| Bond - Short-term Government Bills | ₹70.88 Cr | 1.77% |
| Cash - Collateral | ₹-67.93 Cr | 1.69% |
| Mutual Fund - Open End | ₹7.4 Cr | 0.18% |
| Cash - Repurchase Agreement | ₹1 Cr | 0.02% |
Risk & Performance Ratios
Standard Deviation
This fund
0.69%
Cat. avg.
0.71%
Lower the better
Sharpe Ratio
This fund
0.09
Cat. avg.
-0.31
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.09
Higher the better
Fund Managers
Krishna Cheemalapati
Since January 2020
VG
Vikas Garg
Since December 2020
Additional Scheme Detailsas of 30th June 2024
ISIN | INF205K01RY9 | Expense Ratio | 0.22% | Exit Load | No Charges | Fund Size | ₹4,537 Cr | Age | 01 Jan 2013 | 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
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 | 0.9% | 0.0% | ₹566.99 Cr | 6.7% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹181.97 Cr | 7.2% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹181.97 Cr | 6.4% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹92.66 Cr | 7.3% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹92.66 Cr | 7.1% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹25.21 Cr | 6.8% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹25.21 Cr | 6.4% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹24331.85 Cr | 7.6% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1467.42 Cr | 7.4% |
| HDFC Money Market Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹27005.25 Cr | 7.5% |
About the AMC
Total AUM
₹89,845 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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We're here to help.
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 25-Jul-2024, is ₹2937.62.
What are the returns of Invesco India Money Market Fund Direct Growth?
The fund has generated 7.41% over the last 1 year and 5.86% 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, 35.29% in bonds, and 64.52% 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 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.