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2 star

Invesco India Overnight Fund - Direct 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 2.90 0.01 0.06 0.27 0.80 1.59 3.15 -- -- -- --
CCIL T Bill Liquidity Weight 1.85 0.00 0.04 0.19 0.43 1.06 2.01 -- -- -- --
Debt: Overnight 2.91 0.01 0.06 0.27 0.80 1.59 3.16 -- -- -- --
Rank within category 20 21 21 12 16 19 21 -- -- -- --
Number of funds in category 30 30 30 30 30 30 30 6 3 3 0

As on 02-Dec-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 - Direct Plan  | Invest Online
2 star
Jan-20 3.15 -- -- 0.09% 993
DSP Overnight Fund - Direct Plan  | Invest Online
4 star
Jan-19 3.16 -- -- 0.06% 3,147
Edelweiss Overnight Fund - Direct Plan  | Invest Online
4 star
Jul-19 3.15 -- -- 0.11% 757
HSBC Overnight Fund - Direct Plan  | Invest Online
4 star
May-19 3.23 -- -- 0.11% 756
Mirae Asset Overnight Fund - Direct Plan  | Invest Online
5 star
Oct-19 3.23 -- -- 0.12% 508

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 0.40 17-Jan-2020 - 16-Feb-2020 0.18 23-Mar-2020 - 22-Apr-2020
Quarter 1.04 09-Jan-2020 - 09-Apr-2020 0.67 23-Mar-2020 - 22-Jun-2020
Year 3.31 09-Jan-2020 - 08-Jan-2021 2.95 23-Mar-2020 - 23-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.18 0.40 -1.54 -4.30 -- --
Debt: Overnight* 4.09 0.37 0.83 4.28 0.63 0.69
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-Nov-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:


0.01%

Change from previous, NAV as on 02-Dec-2021

Growth: ₹ 1,062.6677

IDCW Monthly: ₹ 1,000.2933

IDCW Daily: ₹ 1,000.3999


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: 3.25%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 993 Cr (As on 31-Oct-2021)
Expense: 0.09% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily02-Dec-20210.0868

 01-Dec-20210.0330
 30-Nov-20210.0910
 29-Nov-20210.0888
 28-Nov-20210.0033
 24-Nov-20210.1000
 23-Nov-20210.0932
 22-Nov-20210.1045
 21-Nov-20210.1019
 20-Nov-20210.1019
 19-Nov-20210.1021
 18-Nov-20210.1120
 17-Nov-20210.0882
 16-Nov-20210.0977
 15-Nov-20210.0879
 14-Nov-20210.0980
 13-Nov-20210.0880
 12-Nov-20210.0989
 11-Nov-20210.0956
 10-Nov-20210.0874
 09-Nov-20210.0993
 08-Nov-20210.0883
 07-Nov-20210.1082
 06-Nov-20210.0973
 05-Nov-20210.0975
IDCW Monthly29-Nov-20212.8944

 28-Oct-20212.4719
 29-Sep-20212.5369
 30-Aug-20212.6528
 29-Jul-20212.5780
 29-Jun-20212.7557
 28-May-20212.5238
 29-Apr-20212.5526
 30-Mar-20212.8419
 25-Feb-20212.2276
 28-Jan-20212.3887
 30-Dec-20202.7873
 26-Nov-20202.2026
 28-Oct-20202.4234
 29-Sep-20202.6732
 28-Aug-20202.4107
 30-Jul-20202.6015
 29-Jun-20202.5367
 28-May-20202.4046
 29-Apr-20202.0988
 30-Mar-20202.3883
 27-Feb-20202.6640
 30-Jan-20202.1968
IDCW Weekly13-Sep-20210.5811

 06-Sep-20210.5661
 30-Aug-20210.5836
 23-Aug-20210.4981
 17-Aug-20210.6626
 09-Aug-20210.5751
 02-Aug-20210.6003
 26-Jul-20210.6025
 19-Jul-20210.6029
 12-Jul-20210.5917
 05-Jul-20210.6136
 28-Jun-20210.6022
 21-Jun-20210.6094
 14-Jun-20210.5981
 07-Jun-20210.6004
 31-May-20210.6076
 24-May-20210.6177
 17-May-20210.6093
 10-May-20210.6047
 03-May-20210.6021
 26-Apr-20210.5986
 19-Apr-20210.5970
 12-Apr-20210.5692
 05-Apr-20210.5346
 30-Mar-20210.6972

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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