Rating : ★ ★ ★ ★ ☆
Invesco India Ultra Short Term Fund Direct Plan Quarterly Dividend Reinvestment
 ÂUltra Short Duration Fund
Fund Type
Open Ended
Investment Plan
Dividend Reinvestment
Investment Plan
0%
Benchmark
CRISIL Liquid Fund TR INR
Asset Size
589.39 Cr.
(As of 30 Sep, 2020)
Risk
Moderate
Objective
To primarily generate accrual income by investing in a portfolio of short term and Debt Instruments.
 
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
6.73%
HDB Financial Services Limited
6.38%
8.66% Maharashtra GS 2021
5.32%
Kotak Mahindra Prime Limited
5.27%
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 4 stars by Morning Star Ratings.