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3 star

Invesco India Short Term Fund


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.03 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.

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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 2.49 0.03 0.09 0.38 0.39 1.58 2.71 7.31 6.15 6.97 7.57
CCIL T Bill Liquidity Weight 1.85 0.02 0.06 0.18 0.45 1.07 1.97 3.22 3.54 3.99 4.48
Debt: Short Duration 3.96 0.02 0.08 0.38 1.43 2.71 4.23 6.38 5.91 6.88 7.62
Rank within category 23 8 12 12 28 24 24 14 15 15 16
Number of funds in category 26 28 28 28 28 27 26 25 23 23 21

As on 30-Nov-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  | Invest Online
3 star
Mar-07 2.71 7.31 6.15 1.20% 1,284
ICICI Prudential Short Term Fund  | Invest Now
5 star
Oct-01 4.23 8.30 7.04 1.13% 20,584
HDFC Short Term Debt Fund  | Invest Online
5 star
Jun-10 4.20 8.39 7.58 0.75% 19,407
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
May-02 3.48 7.86 6.77 1.16% 17,142
IDFC Bond Fund Short Term Plan - Regular Plan
4 star
Dec-00 3.45 7.82 6.96 0.77% 12,688

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.90 24-Mar-2020 - 31-Mar-2020 -2.14 12-Mar-2020 - 19-Mar-2020
Month 3.75 24-Mar-2020 - 23-Apr-2020 -2.54 20-Feb-2020 - 23-Mar-2020
Quarter 6.48 26-Mar-2020 - 25-Jun-2020 -1.87 21-May-2013 - 20-Aug-2013
Year 11.91 05-Aug-2011 - 06-Aug-2012 2.66 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.32 2.09 1.65 3.08 2.21 4.81
CCIL T Bill Liquidity Weight 3.25 0.40 -1.53 -4.22 -- --
Debt: Short Duration 6.49 3.55 1.42 2.55 0.71 3.06
Rank within category 14 15 16 14 20 11
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 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 41 46 37 59
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

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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:


0.03%

Change from previous, NAV as on 30-Nov-2021

Growth: ₹ 2,899.7086

IDCW Weekly: ₹ 1,019.2655

More

IDCW Monthly: ₹ 1,047.6926

IDCW Daily: ₹ 1,036.8661

Discretionary IDCW: ₹ 2,163.0135


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: 24-Mar-2007
Return Since Launch: 7.51%
Benchmark: CRISIL Short-Term Bond Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,284 Cr (As on 31-Oct-2021)
Expense: 1.20% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily30-Nov-20210.2723

 29-Nov-20210.2097
 26-Nov-20210.3476
 25-Nov-20210.0581
 22-Nov-20210.4802
 18-Nov-20210.1804
 16-Nov-20210.0371
 15-Nov-20210.0137
 10-Nov-20210.0098
 20-Sep-20210.3909
 17-Sep-20210.0633
 16-Sep-20210.0341
 15-Sep-20210.4026
 14-Sep-20210.0382
 13-Sep-20210.2235
 09-Sep-20210.0323
 06-Sep-20210.1830
 03-Sep-20210.1228
 02-Sep-20210.4763
 01-Sep-20210.4817
 31-Aug-20210.5181
 30-Aug-20210.7075
 27-Aug-20210.0812
 25-Aug-20210.1175
 24-Aug-20210.0953
IDCW Monthly29-Nov-20213.3901

 28-Oct-20210.4007
 29-Sep-20210.5508
 30-Aug-20215.4707
 29-Jul-20216.0770
 28-May-20214.4275
 29-Apr-20215.5825
 30-Dec-20201.8485
 26-Nov-20208.8765
 28-Oct-202010.5969
 30-Jul-202011.0152
 29-Jun-202015.5334
 28-May-202021.2624
 29-Apr-20204.8182
 30-Mar-20200.2968
 27-Feb-20209.1926
 30-Jan-20205.9621
 30-Dec-20190.3210
 28-Nov-20195.3354
 30-Oct-20199.2362
 27-Sep-20191.7659
 29-Aug-20196.4189
 30-Jul-201911.5362
 27-Jun-20192.9759
 30-May-20199.9556
IDCW Weekly29-Nov-20210.6035

 22-Nov-20210.6840
 15-Nov-20210.0278
 20-Sep-20210.9110
 13-Sep-20210.2501
 06-Sep-20211.7515
 30-Aug-20210.9820
 23-Aug-20210.9654
 17-Aug-20212.3673
 09-Aug-20210.3106
 02-Aug-20211.1845
 26-Jul-20211.4188
 19-Jul-20210.8331
 14-Jun-20211.8723
 07-Jun-20211.5258
 31-May-20210.2238
 24-May-20211.3813
 17-May-20210.7704
 10-May-20210.8513
 03-May-20212.1891
 26-Apr-20212.2290
 11-Jan-20210.1525
 04-Jan-20212.3297
 28-Dec-20200.9092
 07-Dec-20200.6399

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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