Rating : ★ ★ ★ ★ ★

Invesco India Ultra Short Term Fund Direct Plan Annual Dividend Reinvestment

Debt

  

Ultra Short Duration Fund

NAV

1550.4121 +0.2152

(as on 18 Sep, 2020)

RETURNS

7.4 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Investment Plan

0%

Benchmark

CRISIL Liquid Fund TR INR

Asset Size

667.04 Cr.

(As of 31 Aug, 2020)

Risk

Moderate

Objective

To primarily generate accrual income by investing in a portfolio of short term and Debt Instruments.

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Fund manager

Nitish Sikand

Exit load

N / A

Minimum sip

₹1000

Minimum investment

₹1000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

182 DTB 07012021

13.33%

HDB Financial Services Limited

5.61%

National Bank For Agriculture and Rural Development

5.44%

8.66% Maharashtra GS 2021

4.72%

Sector Allocation

About the Scheme Type

Ultra Short Duration Mutual Funds invest in very short term debt securities with a small portion in longer term debt securities. Ultra Short Duration Mutual Fund maybe used by investors for both short term needs as well as Systematic Transfer Plans (STPs) as they hep investors avoid interest rate risks and offer better returns than most money market instruments. They invest in securities with a maturity period of both greater and less than 91 days and the typical investment horizon ranges from 1 week to 18 months. The returns from these attract capital gains which are taxable.

Ratings

This fund is rated 5 stars by Morning Star Ratings.

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Overview of Invesco Asset Management (India) Private Ltd

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