- Mutual Funds
- Invesco Mutual Fund
- Invesco India Overnight Fund Direct Growth
These investments have very low interest rate risk; however this also reduces return.
The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.
Scheme Information
The Scheme seeks to generate income commensurate with low risk and high liquidity by investing in overnight securities having residual maturity of 1 business day.
Expense Ratio | 0.06 % |
Launched 5Y ago | 2020-01-08 |
AUM in Crores | 234 |
ISIN | INF205KA1163 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY 1D Rate Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.3 |
Beta | 0.5 |
Sharpe Ratio | -0.3 |
YTM | - |
Asset allocation and Holdings
Top Debt Holdings
Others
97.96%Reserve Bank of India
0.98%Reserve Bank of India
0.98%Others
0.08%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,818 cr | ||
₹ 4,537 cr | ||
₹ 9,709 cr | ||
₹ 49,517 cr | ||
₹ 15,321 cr |
