VR Logo

Invesco India Short Term Fund


1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

The risk of incurring a loss in these funds over the said time frame 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, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.50 0.07 0.14 0.62 1.70 3.77 9.24 6.50 7.08 7.45 7.68
CCIL T Bill Liquidity Weight 0.19 0.03 0.02 0.25 0.81 1.86 4.19 4.14 4.47 4.79 4.69
Debt: Short Duration 0.24 0.06 -0.05 0.41 1.30 2.76 4.59 5.30 6.50 7.25 7.50
Rank within category 4 8 8 5 16 15 10 13 15 15 11
Number of funds in category 29 29 29 29 29 29 28 26 26 25 19

As on 20-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 2.40 (25-Oct-2016 - 24-Nov-2016) -1.54 (24-Jun-2013 - 24-Jul-2013)
Quarter 4.03 (25-Aug-2016 - 24-Nov-2016) -1.87 (21-May-2013 - 20-Aug-2013)
Year 11.91 (05-Aug-2011 - 06-Aug-2012) 3.09 (25-Sep-2017 - 25-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.32 1.67 0.36 0.64 4.42 7.86
CCIL T Bill Liquidity Weight 4.08 0.26 -10.52 -- -- --
Debt: Short Duration 5.45 2.99 0.30 0.77 3.48 5.45
Rank within category 16 11 15 15 25 4
Number of funds in category 27 27 27 27 27 27

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 34 44 27 57
Modified Duration (yrs) 2.40 2.68 1.73 2.04
Average Maturity (yrs) 2.92 3.38 2.03 2.49
Yield to Maturity (%) 6.97 8.43 6.78 7.45

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.26 - 9.41 9.09
equal 7.89% SIDBI 15/11/2022 Non Convertible Debenture AAA 0.00 - 8.92 8.16
equal 7.40% REC 26/11/2024 Bonds/NCDs AAA 0.00 - 8.24 7.95
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 2.22 - 7.67 7.42
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.00 - 7.10 6.49
equal 8.70% Reliance Jio Infocomm 18/07/2021 Debenture AAA 2.69 - 6.95 5.09
equal Sundaram Finance 2022 Debenture AAA 0.00 - 5.63 4.27
equal 8.54% Bajaj Finance 2022 Debenture AAA 0.00 - 4.57 4.09
equal 8.82% HDB Financial Services 2021 Non Convertible Debenture AAA 0.00 - 5.60 4.09
equal 7.60% LIC Housing Fin. 22/11/2022 Debenture AAA 0.00 - 4.50 4.02
equal 7.42% Power Finance Corp. 19/11/2024 Non Convertible Debenture AAA 0.00 - 4.13 3.99
equal Kotak Mahindra Prime 2020 Debenture AAA 1.90 - 5.08 3.83
equal 7.61% HUDCO 22/06/2022 Debenture AAA 0.00 - 4.44 3.26
equal 7.28% Power Finance Corp. 2022 Bonds AAA 1.82 - 4.36 3.21
up 6.45% GOI 2029 GOI Securities SOV 0.00 - 3.18 3.18
equal 6.99% HUDCO 2022 Debenture AAA 0.00 - 2.49 2.41
equal 8.50% LIC Housing Fin. 20/06/2022 Non Convertible Debenture AAA 0.00 - 2.39 2.13
equal Bajaj Housing Finance 2022 Debenture AAA 0.03 - 2.22 1.69
equal 8.71% HDB Financial Services 18/02/2021 Bonds/Debentures AAA 0.00 - 2.23 1.62
new 7.48% IRFC 13/08/2029 Non Convertible Debenture AAA 0.00 - 1.60 1.60
equal Reserve Bank of India 182-D 27/02/2020 Treasury Bills SOV 0.00 - 1.74 1.59
equal 7.62% HUDCO 15/07/2022 Debenture AAA 0.00 - 0.84 0.82
equal 6.79% GOI 26/12/2029 GOI Securities SOV 0.00 - 9.86 0.79
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.31 - 0.82 0.60
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.00 - 2.27 0.58

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-Dec-2019

Fund Manager

— Sujoy Kumar Das since 09-Sep-2010

Education: Mr. Das is a B.Sc.(Economics) and PGDBA (Finance and International Business)

Experience: Prior to joining Invesco Mutual Fund he has worked with BOI AXA Mutual Fund, DSP Mutual Fund and HDFC Bank.

Funds Managed:


0.07%

Change from previous, NAV as on 20-Jan-2020

Growth: ₹ 2,596.7693

Dividend Weekly: ₹ 1,019.0000

More

Dividend Monthly: ₹ 1,052.7832

Dividend Daily: ₹ 1,033.3173

Discretionary Dividend: ₹ 1,936.7412


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 (₹) --
Exit Load 0

Basic Details

Fund House: Invesco Mutual Fund
Launch Date: 24-Mar-2007
Return Since Launch: 7.72%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 624 Cr (As on 31-Dec-2019)
Expense: 1.25% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily20-Jan-20200.5353

 17-Jan-20200.1896
 16-Jan-20200.1835
 09-Jan-20200.5270
 08-Jan-20200.3458
 07-Jan-20200.4397
 03-Jan-20200.6500
 02-Jan-20200.2910
 01-Jan-20200.5647
 31-Dec-20190.0776
 30-Dec-20190.0171
 04-Dec-20190.1551
 03-Dec-20190.1293
 02-Dec-20190.0160
 28-Nov-20190.2403
 27-Nov-20190.1845
 26-Nov-20190.0898
 25-Nov-20190.5369
 22-Nov-20190.1169
 21-Nov-20190.0999
 20-Nov-20190.2527
 19-Nov-20190.1402
 18-Nov-20190.6176
 15-Nov-20190.4859
 14-Nov-20190.4512
Dividend Weekly20-Jan-20201.0054

 13-Jan-20201.2184
 06-Jan-20201.3422
 02-Dec-20191.0049
 25-Nov-20191.1290
 18-Nov-20191.9984
 04-Nov-20192.3854
 29-Oct-20191.6171
 22-Oct-20192.1215
 14-Oct-20191.0659
 07-Oct-20192.2460
 30-Sep-20190.1438
 09-Sep-20191.0923
 03-Sep-20191.1610
 26-Aug-20193.6790
 13-Aug-20191.3621
 05-Aug-20192.2833
 29-Jul-20190.8844
 22-Jul-20191.0569
 15-Jul-20192.9539
 08-Jul-20194.5860
 24-Jun-20191.2647
 17-Jun-20190.8788
 03-Jun-20191.9341
 27-May-20194.0950
Dividend Monthly30-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
 26-Apr-20191.3545
 28-Mar-20199.4728
 27-Feb-20193.7027
 30-Jan-20195.4714
 28-Dec-20185.8358
 29-Nov-20187.4646
 30-Oct-20183.3482
 30-Aug-20183.9870
 30-Jul-20186.1681
 28-Jun-20181.6783
 27-Mar-20188.4507
 27-Feb-20181.1703
 30-Jan-20180.5015
 29-Nov-20171.3436
 30-Oct-20173.4198
 28-Sep-20171.6525
 30-Aug-20173.4206

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: www.invescomutualfund.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM