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3 star

Invesco India Overnight Fund - Regular Plan


Debt: Overnight

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

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 2.79 0.01 0.06 0.28 0.79 1.56 3.08 -- -- -- --
CCIL T Bill Liquidity Weight 1.84 0.03 0.05 0.20 0.47 1.08 2.01 -- -- -- --
Debt: Overnight 2.78 0.01 0.07 0.27 0.78 1.56 3.07 -- -- -- --
Rank within category 10 12 17 7 10 11 11 -- -- -- --
Number of funds in category 30 30 30 30 30 30 30 6 3 3 3

As on 26-Nov-2021

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
3 star
Jan-20 3.08 -- -- 0.15% 993
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.12 -- -- 0.12% 12,897
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.10 4.13 4.51 0.12% 10,537
DSP Overnight Fund - Regular Plan  | Invest Online
4 star
Jan-19 3.08 -- -- 0.14% 3,147
Edelweiss Overnight Fund - Regular Plan  | Invest Online
5 star
Jul-19 3.09 -- -- 0.16% 757

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 3.25 09-Jan-2020 - 08-Jan-2021 2.89 23-Mar-2020 - 23-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.25 0.40 -1.53 -4.22 -- --
Debt: Overnight* 4.01 0.36 0.38 2.00 0.61 0.52
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 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- 1
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) 0.00 0.01 0.00 --
Yield to Maturity (%) 3.32 3.38 2.83 --
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 31-Oct-2021

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:


--

Change from previous, NAV as on 28-Nov-2021

Growth: ₹ 1,061.0884

IDCW Weekly: ₹ 1,000.5194

More

IDCW Monthly: ₹ 1,002.7602

IDCW Daily: ₹ 1,000.0002


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

Basic Details

Fund House: Invesco Mutual Fund
Launch Date: 08-Jan-2020
Return Since Launch: 3.19%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 993 Cr (As on 31-Oct-2021)
Expense: 0.15% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily28-Nov-20210.1024

 27-Nov-20210.0901
 26-Nov-20210.1023
 25-Nov-20210.0892
 24-Nov-20210.1041
 23-Nov-20210.0933
 22-Nov-20210.1048
 21-Nov-20210.1022
 20-Nov-20210.1023
 19-Nov-20210.1023
 18-Nov-20210.1021
 17-Nov-20210.1012
 16-Nov-20210.0880
 15-Nov-20210.1007
 14-Nov-20210.0883
 13-Nov-20210.1020
 12-Nov-20210.0952
 11-Nov-20210.0983
 10-Nov-20210.0879
 09-Nov-20210.1024
 08-Nov-20210.0887
 07-Nov-20210.1045
 06-Nov-20210.0978
 05-Nov-20210.1046
 04-Nov-20210.0981
IDCW Weekly22-Nov-20210.6716

 15-Nov-20210.5976
 08-Nov-20210.6483
 01-Nov-20210.6121
 25-Oct-20210.6253
 18-Oct-20210.5875
 11-Oct-20210.5678
 04-Oct-20210.6097
 27-Sep-20210.6042
 20-Sep-20210.5980
 13-Sep-20210.5771
 06-Sep-20210.5559
 30-Aug-20210.5748
 23-Aug-20210.4938
 17-Aug-20210.6525
 09-Aug-20210.5671
 02-Aug-20210.5892
 26-Jul-20210.5970
 19-Jul-20210.5957
 12-Jul-20210.5854
 05-Jul-20210.6060
 28-Jun-20210.5964
 21-Jun-20210.6036
 14-Jun-20210.5917
 07-Jun-20210.5932
IDCW Monthly28-Oct-20212.4559

 29-Sep-20212.4823
 30-Aug-20212.5974
 29-Jul-20212.5262
 29-Jun-20212.6984
 28-May-20212.4680
 29-Apr-20212.5015
 30-Mar-20212.7877
 25-Feb-20212.1824
 28-Jan-20212.3445
 30-Dec-20202.7375
 26-Nov-20202.1539
 28-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

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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