VR Logo

3 star

Invesco India Short Term Fund - Direct Plan


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.37 0.04 0.10 0.48 0.54 2.01 3.61 8.14 6.99 7.78 --
CCIL T Bill Liquidity Weight 1.87 -0.01 0.04 0.16 0.43 1.05 2.00 3.20 3.53 3.98 --
Debt: Short Duration 4.68 0.03 0.08 0.46 1.49 3.06 4.96 7.02 6.63 7.59 --
Rank within category 20 8 8 13 25 22 19 10 15 16 --
Number of funds in category 26 28 28 28 28 27 26 25 23 23 0

As on 06-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Invesco India Short Term Fund - Direct Plan  | Invest Online
3 star
Jan-13 3.61 8.14 6.99 0.35% 1,144
ICICI Prudential Short Term Fund - Direct Plan  | Invest Now
5 star
Jan-13 5.00 9.05 7.87 0.37% 20,584
HDFC Short Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.73 8.69 7.86 0.24% 19,407
Kotak Bond - Short Term Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.33 8.64 7.64 0.34% 17,142
Axis Short Term Fund - Direct Plan
4 star
Jan-13 4.38 8.64 7.70 0.30% 12,809

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.92 24-Mar-2020 - 31-Mar-2020 -2.12 12-Mar-2020 - 19-Mar-2020
Month 3.82 24-Mar-2020 - 23-Apr-2020 -2.47 20-Feb-2020 - 23-Mar-2020
Quarter 6.70 26-Mar-2020 - 25-Jun-2020 -1.66 21-May-2013 - 20-Aug-2013
Year 12.18 11-Jul-2019 - 10-Jul-2020 3.53 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.95 2.08 2.00 3.73 2.17 5.49
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Short Duration 6.96 3.54 1.67 3.05 0.60 3.54
Rank within category 11 15 16 13 20 10
Number of funds in category 25 25 25 25 25 25

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 41 46 37 57
Modified Duration (yrs) 1.70 2.54 1.70 --
Average Maturity (yrs) 1.94 2.97 1.94 --
Yield to Maturity (%) 4.96 5.26 4.56 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 3.06 - 5.18 5.18
equal 7.05% Reliance Industries 13/09/2023 Debenture AAA 1.95 - 4.44 4.44
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.00 - 4.03 4.03
up 5.40% HDFC 2023 Bonds/NCDs AAA 2.25 - 3.91 3.91
down 5.63% GOI 2026 GOI Securities SOV 0.00 - 4.20 3.87
up 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 5.45 3.87
equal 5.27% National Bank Agr. Rur. Devp 29/04/2024 Debenture AAA 0.00 - 3.50 3.50
equal 8.65% Power Finance Corporation 28/12/2024 Bonds AAA 0.00 - 3.37 3.37
equal 6.18% GOI 2024 GOI Securities SOV 2.95 - 14.38 3.00
equal 7.68% GOI 15/12/2023 GOI Securities SOV 0.00 - 2.94 2.88
down 8.90% State Bank of India Additional Tier 2 Bond AAA 0.00 - 6.86 2.07
down 7.32% GOI 28/01/2024 GOI Securities SOV 2.05 - 7.63 2.05
equal 7.79% LIC Housing Fin. 18/10/2024 Debenture AAA 1.96 - 2.26 2.05
equal 7.40% LIC Housing Fin. 2024 Debenture AAA 1.95 - 2.22 2.03
equal 6.78% Mahindra & Mahindra 24/04/2023 Non Convertible Debenture AAA 0.00 - 2.20 2.00
equal 6.95% Reliance Industries 2023 Debenture AAA 1.93 - 2.21 2.00
equal 7.50% HDB Financial Services 19/11/2022 Debenture AAA 0.00 - 2.00 2.00
equal 6.72% Ultratech Cement 2022 Non Convertible Debenture AAA 0.00 - 2.19 1.99
equal 7.10% Bajaj Finance 2023 Debenture AAA 0.00 - 2.19 1.99
equal 6.17% GOI 2023 GOI Securities SOV 0.00 - 2.03 1.99
equal 6.30% GOI 2023 GOI Securities SOV 0.00 - 2.03 1.99
equal 6.58% Orissa State 24/03/2022 State Development Loan SOV 0.00 - 1.97 1.97
equal 8.00% HDFC Credila Financial Services 25/02/2022 Debenture AAA 0.00 - 2.14 1.97
equal 5.44% Tamilnadu State 22/04/2023 State Development Loan SOV 0.00 - 1.97 1.97
new 5.74% REC 20/06/2024 Debenture AAA 0.00 - 1.96 1.96

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Krishna Venkat Cheemalapati since 16-Dec-2020

Education: Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.

Experience: Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.

Funds Managed:

— Vikas Garg since 26-Sep-2020

Education: Mr. Garg is CFA MBA Finance, B-Tech and M- Tech

Experience: Prior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.

Funds Managed:


0.04%

Change from previous, NAV as on 06-Dec-2021

Growth: ₹ 3,129.1890

IDCW Weekly: ₹ 1,020.0192

More

IDCW Monthly: ₹ 2,059.1728

IDCW Daily: ₹ 1,023.5517

Discretionary IDCW: ₹ 2,207.7037


Investment Strategy

The scheme seeks to generate steady returns with a moderate risk by investing in a portfolio comprising of short-medium term debt and money market instruments.

Investment Details

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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Invesco Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.08%
Benchmark: CRISIL Short-Term Bond Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,144 Cr (As on 30-Nov-2021)
Expense: 0.35% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily06-Dec-20210.4388

 03-Dec-20210.0911
 02-Dec-20210.2831
 30-Nov-20210.3173
 29-Nov-20210.3147
 26-Nov-20210.4034
 25-Nov-20210.1270
 22-Nov-20210.5918
 18-Nov-20210.2562
 17-Nov-20210.0068
 16-Nov-20210.1056
 15-Nov-20210.1538
 10-Nov-20210.0823
 09-Nov-20210.5402
 08-Nov-20210.6221
 23-Sep-20210.0231
 22-Sep-20210.0212
 20-Sep-20210.4885
 17-Sep-20210.1145
 16-Sep-20210.0964
 15-Sep-20210.4474
 14-Sep-20210.0916
 13-Sep-20210.3514
 09-Sep-20210.1275
 08-Sep-20210.0361
IDCW Weekly29-Nov-20210.7693

 22-Nov-20210.8492
 15-Nov-20210.7530
 08-Nov-20210.5961
 20-Sep-20211.0807
 13-Sep-20210.4152
 06-Sep-20211.9179
 30-Aug-20211.1479
 23-Aug-20211.1075
 17-Aug-20212.5630
 09-Aug-20210.4764
 02-Aug-20211.3528
 26-Jul-20211.5920
 19-Jul-20211.6906
 14-Jun-20212.0429
 07-Jun-20211.6953
 31-May-20210.3885
 24-May-20211.5470
 17-May-20210.9358
 10-May-20211.0171
 03-May-20212.3555
 26-Apr-20213.2711
 12-Apr-20210.8571
 05-Apr-20210.5939
 11-Jan-20210.3187
IDCW Monthly28-Aug-202024.3448

 30-Jan-202011.4478
 30-Dec-20191.5513
 28-Nov-201910.2831
 30-Oct-201917.2723
 27-Sep-20194.0016
 29-Aug-201923.6845
 30-Jul-2019237.4268
 30-Jan-20173.9983
 29-Nov-201627.2259
 27-Oct-20169.0744
 29-Sep-201610.2757
 30-Aug-201614.5095
 28-Jul-201622.0304
 29-Jun-20168.7710
 30-May-20166.9919
 28-Apr-201613.4266
 30-Mar-201616.9248
 28-Jan-20167.0063
 30-Dec-20154.3629
 27-Nov-20152.6803
 29-Oct-201511.3298
 29-Sep-201512.8089
 28-Aug-201510.9301
 30-Jul-201517.5744

Contact Information

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: http://www.invescomutualfund.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Stocks or Equity Funds for the long term?

DateFriday, 10-Dec-2021
Time12:30 PM - 01:00 PM

attending You have reserved a spot