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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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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 0.75 1.49 -- -- -- -- --
CCIL T Bill Liquidity Weight -- 0.00 0.04 0.27 0.60 1.26 -- -- -- -- --
Debt: Overnight -- 0.01 0.06 0.25 0.75 1.49 -- -- -- -- --
Rank within category -- 19 18 14 17 17 -- -- -- -- --
Number of funds in category 28 30 30 30 30 30 27 3 3 3 3

As on 28-Oct-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 -- -- -- 0.15 291
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.71 4.88 5.85 0.11 7,024
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.71 -- -- 0.12 5,347
Nippon India Overnight Fund - Regular Plan
4 star
Dec-18 3.69 -- -- 0.19 4,459
DSP Overnight Fund - Regular Plan  | Invest Online
5 star
Jan-19 3.81 -- -- 0.17 1,797

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* 3.90 0.32 -3.63 -6.95 -- --
Debt: Overnight* 4.93 0.36 -0.41 -0.61 0.43 0.37
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 30-Sep-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 (%) 3.01 4.88 1.09 --
Avg Credit Rating Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

The underlying data is unavailable.

As on 30-Sep-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 28-Oct-2020

Growth: ₹ 1,026.9860

Dividend Weekly: ₹ 1,000.1596

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Dividend Monthly: ₹ 1,000.0000

Dividend Daily: ₹ 1,000.0000


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: 2.70%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 291 Cr (As on 30-Sep-2020)
Expense: 0.15% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily28-Oct-20200.0797

 27-Oct-20200.0791
 26-Oct-20200.0799
 25-Oct-20200.0808
 24-Oct-20200.0809
 23-Oct-20200.0805
 22-Oct-20200.0804
 21-Oct-20200.0797
 20-Oct-20200.0787
 19-Oct-20200.0788
 18-Oct-20200.0784
 17-Oct-20200.0784
 16-Oct-20200.0783
 15-Oct-20200.0821
 14-Oct-20200.0835
 13-Oct-20200.0833
 12-Oct-20200.0963
 11-Oct-20200.0846
 10-Oct-20200.0846
 09-Oct-20200.0845
 08-Oct-20200.0839
 07-Oct-20200.0842
 06-Oct-20200.0834
 05-Oct-20200.0827
 04-Oct-20200.0842
Dividend Monthly28-Oct-20202.3668

 29-Sep-20202.6130
 28-Aug-20202.3533
 30-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
Dividend Weekly26-Oct-20200.5581

 19-Oct-20200.5655
 12-Oct-20200.6040
 05-Oct-20200.5923
 28-Sep-20200.5902
 21-Sep-20200.5897
 14-Sep-20200.5836
 07-Sep-20200.5508
 31-Aug-20200.5561
 24-Aug-20200.5608
 17-Aug-20200.5856
 10-Aug-20200.5844
 03-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

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: mfservices[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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