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  • Invesco India Money Market Fund (RIDCW-M)

Formerly Invesco India Money Market Mn DR

Invesco Mutual Funds

Invesco India Money Market Fund (RIDCW-M)

DebtMoney Market

1021.8039

NAV (Jun 20)

5%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in money market mutual funds.

Money market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

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

Neutral

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

Rolling Returns

Neutral

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

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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

1021.8039

NAV (Jun 20)

Fund Returns

Last 1Y
7.2%
Last 3Y
5.4%
Last 5Y
5.4%
Last 10Y
6.6%
Since Inception
7.3%
6 Month CAGR
3.8%

Scheme Information

Investment Objective

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

Expense Ratio
0.47
Launched (15y ago)
Aug 28, 2009
AUM in Crores
4238.378
ISIN
INF205K01SF6
Lock-in
No Lock-in
Benchmark
Nifty Money Market TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.8
Standard Deviation (5yr)
0.8
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-1.004
Sharpe Ratio (5yr)
-0.48
YTM
7.56
Fund Managers

Vikas Garg

Fund Manager

Krishna Cheemalapati

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Invesco India Money Market Fund (RIDCW-M)70%8,21,924 89,3124.8%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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 2024-06-20

Top Debt Holdings

lic housing finance ltd.

4.5%
4.5%

axis bank limited

4.5%
4.5%

small industries development bank of india

3.4%
3.4%

punjab national bank

3.4%
3.4%

india (republic of)

3.4%
3.4%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

Invesco Asset Management (India) Private Ltd

Invesco Asset Management (India) Private Ltd manages assets worth 87,178 crores and was set up on 20 May 2005. It's current offering of mutual fund schemes includes 39 equity,121 debt and 9 hybrid funds.amc-img
phone-img022-67310000
Fund NameScripbox Opinion
Till Date CAGR

40.7%

13.9%

40.7%

13.8%

40.7%

13.8%

19%

13.4%

4.8%

6.8%

Invesco India Money Market Fund (RIDCW-M) Review

Invesco India Money Market Fund (RIDCW-M) is a Money Market Debt fund and has delivered an annualised return of 5.5% over a period of 14 years. The fund was previously known as Invesco India Money Market Mn DR. 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 (RIDCW-M) as of 6/20/2024 is ₹1021.80 with the total AUM as of 6/21/2024 is ₹4238.378. With Scripbox you can compare and check the latest nav for all mutual funds in India. Invesco India Money Market Fund (RIDCW-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 (RIDCW-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 (RIDCW-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 (RIDCW-M) is rated as a 2 fund in Debt and delivered 5.7% 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 (RIDCW-M).

Frequently Asked Questions

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

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

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

You can invest in Invesco India Money Market Fund (RIDCW-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 (RIDCW-M)?

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

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

As per Scripbox experts, Invesco India Money Market Fund (RIDCW-M) is a Neutral fund. You can investInvesco India Money Market Fund (RIDCW-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 (RIDCW-M)?

The expense ratio of the Invesco India Money Market Fund (RIDCW-M) is 0.47% for regular plan.