Suitability:
Money Market debt funds invest in bonds with maturity of up to 1 year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to 3 months maturity, from the one that invests in bonds maturing in 3-6 months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to the next one year in a Liquid fund.
Taxability of earnings:
Capital gains
Dividends
Please wait...
Please wait...
YTD | 1 Month | 3 Months | 1 Years | 3 Years | 5 Years | 10 Years | |
---|---|---|---|---|---|---|---|
Fund | 6.71 | 0.49 | 1.51 | 7.12 | 7.08 | 7.58 | 8.20 |
CCIL T Bill Liquidity Weight | 4.21 | 0.30 | 0.89 | 4.41 | 4.19 | 4.52 | 4.67 |
Debt: Money Market | 7.47 | 0.48 | 1.58 | 7.93 | 7.09 | 7.52 | 7.95 |
Rank within category | 15 | 6 | 17 | 15 | 9 | 8 | 1 |
Number of funds in category | 17 | 19 | 19 | 17 | 13 | 13 | 12 |
As on 13-Dec-2019
Best (Period) | Worst (Period) | |
---|---|---|
Month | 1.03 (30-Aug-2013 - 01-Oct-2013) | 0.22 (24-Nov-2010 - 24-Dec-2010) |
Quarter | 2.87 (24-Jul-2013 - 23-Oct-2013) | 1.16 (29-Sep-2010 - 29-Dec-2010) |
Year | 10.56 (26-Aug-2011 - 27-Aug-2012) | 5.27 (10-Dec-2009 - 10-Dec-2010) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 6.89 | 0.20 | 5.42 | 11.82 | 0.33 | 1.66 |
CCIL T Bill Liquidity Weight | 4.11 | 0.25 | -6.57 | -10.84 | -- | -- |
Debt: Money Market | 6.87 | 0.70 | 2.72 | 7.64 | 0.98 | 2.73 |
Rank within category | 10 | 1 | 1 | 6 | 2 | 13 |
Number of funds in category | 15 | 15 | 15 | 15 | 15 | 15 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Nov-2019
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 23 | 47 | 23 | 23 |
Modified Duration (yrs) | 0.40 | 0.48 | 0.06 | 0.35 |
Average Maturity (yrs) | 0.43 | 0.50 | 0.07 | 0.35 |
Yield to Maturity (%) | 5.51 | 8.10 | 5.51 | 5.50 |
Please wait...
Company | Instrument | Credit Rating | 1Y Range | % Assets | |
---|---|---|---|---|---|
![]() |
Reliance Industries 180-D 03/03/2020 | Commercial Paper | A1+ | 0.00 - 7.74 | 7.74 |
![]() |
National Bank Agr. Rur. Devp 2020 | Certificate of Deposit | A1+ | 0.00 - 7.74 | 7.74 |
![]() |
Export-Import Bank 182-D 16/03/2020 | Commercial Paper | A1+ | 0.00 - 7.73 | 7.73 |
![]() |
Bank of Baroda 2020 | Certificate of Deposit | A1+ | 0.00 - 7.71 | 7.71 |
![]() |
HDFC 362-D 19/10/2020 | Commercial Paper | A1+ | 0.00 - 7.41 | 7.41 |
![]() |
Indian Bank 2020 | Certificate of Deposit | A1+ | 0.00 - 7.34 | 7.34 |
![]() |
LIC Housing Fin. 329-D 11/09/2020 | Commercial Paper | A1+ | 0.00 - 5.60 | 5.60 |
![]() |
Axis Bank 2020 | Securitised Debt | A1+ | 0.00 - 3.89 | 3.89 |
![]() |
Reliance Retail Ltd. 90-D 29/01/2020 | Commercial Paper | A1+ | 0.00 - 3.89 | 3.89 |
![]() |
Axis Bank 2020 | Certificate of Deposit | A1+ | 0.00 - 3.87 | 3.87 |
![]() |
SIDBI 2020 | Commercial Paper | A1+ | 0.00 - 3.87 | 3.87 |
![]() |
Kotak Mahindra Prime 177-D 23/04/2020 | Commercial Paper | A1+ | 0.00 - 3.83 | 3.83 |
![]() |
Bajaj Finance 364-D 26/06/2020 | Commercial Paper | A1+ | 0.00 - 3.78 | 3.78 |
![]() |
Kotak Mahindra Prime 264-D 20/07/2020 | Commercial Paper | A1+ | 0.00 - 3.76 | 3.76 |
![]() |
ICICI Bank 14/09/2020 | Certificate of Deposit | A1+ | 0.00 - 3.76 | 3.76 |
![]() |
ICICI Bank 16/09/2020 | Certificate of Deposit | A1+ | 0.00 - 3.75 | 3.75 |
![]() |
Muthoot Finance 365-D 30/01/2020 | Commercial Paper | A1+ | 0.00 - 2.71 | 2.71 |
![]() |
Adani Ports and Special Economic Zone 44-D 29/11/2019 | Commercial Paper | A1+ | 0.00 - 1.96 | 1.96 |
![]() |
SRF 90-D 28/01/2020 | Commercial Paper | A1+ | 0.00 - 1.94 | 1.94 |
![]() |
Larsen & Toubro 182-D 28/02/2020 | Commercial Paper | A1+ | 0.00 - 7.05 | 1.94 |
![]() |
REC 365-D 04/03/2020 | Commercial Paper | A1+ | 0.00 - 1.94 | 1.94 |
![]() |
Bank of Baroda 17/03/2020 | Certificate of Deposit | A1+ | 0.00 - 1.93 | 1.93 |
![]() |
HDB Financial Services 364-D 06/05/2020 | Commercial Paper | A1+ | 0.00 - 1.91 | 1.91 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Oct-2019
— Nitish Sikand since 14-Aug-2009
Education: Mr. Sikand holds a Commerce degree and is an MBA with a specialization in Finance.
Experience: In his last assignment, he was working with ICICI Bank as Product Manager. Prior he was working with JM Financial Asset Management & Citicorp Maruti Finance Limited.
Funds Managed:
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The scheme seeks to generate superior risk-adjusted returns by investing in Money Market Instruments
Minimum Investment (₹) | 1,000 |
Minimum Addl Investment (₹) | 1,000 |
Minimum SIP Investment (₹) | 1,000 |
Minimum No of Cheques | 6 |
Minimum Withdrawal (₹) | 1,000 |
Minimum Balance (₹) | -- |
Exit Load | 0 |
Fund House: | Invesco Mutual Fund |
Launch Date: | 28-Aug-2009 |
Benchmark: | CRISIL Money Market Index |
Riskometer: | Moderately Low |
Type: | Open-ended |
Assets: | ₹ 1,331 Cr (As on 30-Nov-2019) |
Expense: | 0.52% (As on 30-Nov-2019) |
Risk Grade: | -- |
Return Grade: | Below Average |
Turnover: | -- |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Discretionary Dividend | 31-May-2012 | 0.2516 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dividend Daily | 13-Dec-2019 | 0.0767 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dividend Monthly | 28-Nov-2019 | 3.7712 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Fund News - 20-Nov-2019
Fund News - 22-Mar-2018
Fund News - 24-Apr-2017
Fund News - 30-Oct-2015
DTP and ETP facility under Religare Invesco Business Leaders Fund
Fund News - 11-Jun-2015
Religare Invesco Gilt-Long Duration Plan will be benchmarked upon Crisil 10Y Gilt Index
AMC: Invesco Asset Management (India) Pvt. Ltd
Address: 2101 - A-A Wing - 21st Floor, Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai - 400013
Phone: 022-67310000 / 1800-209-0007
Fax: 022-23019422
Email: [email protected]
Website: www.invescomutualfund.com
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034
Phone: 040-23312454
Email: [email protected]
Website: www.karvymfs.com