• Mutual Funds
  • Invesco Mutual Funds
  • Invesco India Money Market Fund (PIDCW-M)

Formerly Invesco India Money Market Mn DP

Invesco Mutual Funds

Invesco India Money Market Fund (PIDCW-M)

DebtMoney Market

1019.1606

NAV (Aug 05)

4.1%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in money market mutual funds.

However, Scripbox does not recommend investing in money market mutual funds.

Money Market Funds invest in money market instruments with maturity upto 1 year.

This category accounts for close to 5% of the total Debt fund assets.

Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

₹ 2,175 Cr

The performance of the fund on a Fund Size metric has been Poor

Rolling Returns

Poor

The performance of the fund on a Rolling Returns metric has been Poor

View all 8 analysis

View Less

Invest in this fund

Scripbox Recommended Money Market Funds

Want the most stable money market funds for your portfolio?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1019.1606

NAV (Aug 5)

Fund Returns

Last 1Y

3%

Last 3Y

4.1%

Last 5Y

4.6%

Last 10Y

5.6%

Since Inception

5.5%

6 Month CAGR

1.4%

Scheme Information

Investment Objective

To generate superior risk-adjusted returns by investing in Money Market Instruments.

Expense Ratio

0.55

Launched (13y ago)

Aug 28, 2009

AUM in Crores

2174.795

ISIN

INF205K01SE9

Lock-in

No Lock-in

Benchmark

Nifty Money Market TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Vikas Garg

Fund Manager

Krishna Cheemalapati

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-08-05

Top Debt Holdings

hdfc bank limited

5.6%
5.6%

kotak mahindra bank limited

5.5%
5.5%

housing development finance corporation limited

5.5%
5.5%

export-import bank of india

5.5%
5.5%

08.60 mp sdl 2023

4.7%
4.7%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 49,911 cr

₹ 14,870 cr

₹ 15,889 cr

₹ 14,702 cr

₹ 49,911 cr

About the AMC

Invesco Asset Management (India) Private Ltd

Invesco Asset Management (India) Private Ltd manages assets worth 41,649 crores and was set up on 20 May 2005. It's current offering of mutual fund schemes includes 36 equity,111 debt and 14 hybrid funds.

amc-img

  • 022-67310000
  • mfservices@invesco.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    16.5%

    12%

    24.7%

    15.1%

    4.6%

    6.9%

    17.2%

    14%

    5.2%

    7.6%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    Invesco India Money Market Fund (PIDCW-M) Review

    Invesco India Money Market Fund (PIDCW-M) is a Money Market Debt fund and has delivered an annualised return of 5.5% over a period of 12 years. The fund was previously known as Invesco India Money Market Mn DP. The fund is managed by Invesco Asset Management (India) Private Ltd. The fund managers are Krishna Cheemalapati, Vikas Garg.

    Nav of Invesco India Money Market Fund (PIDCW-M) as of 8/5/2022 is ₹1019.16 with the total AUM as of 8/6/2022 is ₹2174.795. With Scripbox you can compare and check the latest nav for all mutual funds in India. Invesco India Money Market Fund (PIDCW-M) was launched on Aug 28, 2009. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for Invesco India Money Market Fund (PIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    Invesco India Money Market Fund (PIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Money Market TR INR.

    Invesco India Money Market Fund (PIDCW-M) is rated as a 1 fund in Debt and delivered 3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Invesco India Money Market Fund (PIDCW-M).

    Frequently Asked Questions

    What is Invesco India Money Market Fund (PIDCW-M)?

    Invesco India Money Market Fund (PIDCW-M) is a Money Market Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in Invesco India Money Market Fund (PIDCW-M)?

    You can invest in Invesco India Money Market Fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of Invesco India Money Market Fund (PIDCW-M)?

    The minimum sip amount for Invesco India Money Market Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

    Is Invesco India Money Market Fund (PIDCW-M) good to invest in?

    As per Scripbox experts, Invesco India Money Market Fund (PIDCW-M) is a Not Recommended fund. You can investInvesco India Money Market Fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the Invesco India Money Market Fund (PIDCW-M)?

    The expense ratio of the Invesco India Money Market Fund (PIDCW-M) is 0.55% for regular plan.