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Unrated

Invesco India Overnight Fund - Regular Plan


Debt: Overnight

Suitability:

Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don't need for a few days up to a year.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low 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.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- 0.01 0.06 0.25 0.73 1.62 -- -- -- -- --
CCIL T Bill Liquidity Weight* -- 0.00 0.02 0.13 0.63 1.82 -- -- -- -- --
Debt: Overnight* -- 0.01 0.06 0.26 0.74 1.65 -- -- -- -- --

As on 03-Aug-2020

* As on 04-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Invesco India Overnight Fund - Regular Plan  | Invest Online
Unrated
Jan-20 -- -- -- 0.15 376
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 4.19 5.01 6.14 0.12 6,556
Nippon India Overnight Fund - Regular Plan
4 star
Dec-18 4.19 -- -- 0.17 5,363
DSP Overnight Fund - Regular Plan  | Invest Online
5 star
Jan-19 4.30 -- -- 0.16 2,819
HDFC Overnight Fund  | Invest Online
2 star
Feb-02 4.08 5.36 5.76 0.20 13,989

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.09 (20-Jan-2020 - 27-Jan-2020) 0.02 (26-Mar-2020 - 02-Apr-2020)
Month 0.39 (17-Jan-2020 - 16-Feb-2020) 0.17 (23-Mar-2020 - 22-Apr-2020)
Quarter 1.02 (09-Jan-2020 - 09-Apr-2020) 0.66 (23-Mar-2020 - 22-Jun-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 4.03 0.29 -4.08 -7.51 -- --
Debt: Overnight* 5.07 0.33 -0.49 -0.64 0.31 0.22

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

As on

* As on 31-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- --
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) 0.00 0.01 0.00 --
Yield to Maturity (%) 2.91 4.88 1.09 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

The underlying data is unavailable.

As on 30-Jun-2020

Fund Manager

— Krishna Venkat Cheemalapati since 07-Jan-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:


0.01%

Change from previous, NAV as on 04-Aug-2020

Growth: ₹ 1,019.9068

Dividend Weekly: ₹ 1,000.0851

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Dividend Monthly: ₹ 1,000.4083

Dividend Daily: ₹ 1,000.0020


Investment Strategy

The Scheme seeks to generate income commensurate with low risk and high liquidity by investing in overnight securities having residual maturity of 1 business day.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Invesco Mutual Fund
Launch Date: 08-Jan-2020
Return Since Launch: 1.98%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 376 Cr (As on 30-Jun-2020)
Expense: 0.15% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily03-Aug-20200.0822

 02-Aug-20200.0811
 01-Aug-20200.0811
 31-Jul-20200.0811
 30-Jul-20200.0827
 29-Jul-20200.0805
 28-Jul-20200.0803
 27-Jul-20200.0818
 26-Jul-20200.0829
 25-Jul-20200.0829
 24-Jul-20200.0829
 23-Jul-20200.0821
 22-Jul-20200.0826
 21-Jul-20200.0819
 20-Jul-20200.0818
 19-Jul-20200.0828
 18-Jul-20200.0829
 17-Jul-20200.0827
 16-Jul-20200.0813
 15-Jul-20200.0805
 14-Jul-20200.0804
 13-Jul-20200.0802
 12-Jul-20200.0820
 11-Jul-20200.0820
 10-Jul-20200.0820
Dividend Weekly03-Aug-20200.5750

 27-Jul-20200.5832
 20-Jul-20200.5784
 13-Jul-20200.5911
 06-Jul-20200.5622
 29-Jun-20200.4945
 22-Jun-20200.5419
 15-Jun-20200.5586
 08-Jun-20200.5831
 01-Jun-20200.4911
 26-May-20200.6334
 18-May-20200.5007
 11-May-20200.6216
 04-May-20200.6123
 27-Apr-20200.5095
 20-Apr-20200.5426
 13-Apr-20200.4853
 07-Apr-20200.3761
 30-Mar-20200.1279
 23-Mar-20200.5693
 16-Mar-20200.6476
 09-Mar-20200.6476
 02-Mar-20200.6408
 24-Feb-20200.6665
 17-Feb-20200.6615
Dividend Monthly30-Jul-20202.5307

 29-Jun-20202.4820
 28-May-20202.3507
 29-Apr-20202.0472
 30-Mar-20202.3437
 27-Feb-20202.6230
 30-Jan-20202.1624

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

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