Click here for top ranked funds in overnight mutual funds.
However, Scripbox does not recommend investing in overnight mutual funds.
Overnight Funds invest in securities with a maturity of 1 day.
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.
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Historical NAV
₹ 1066.6573
NAV (Jan 24)
Fund Returns
Last 1Y
3.1%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
3.2%
6 Month CAGR
1.6%
Scheme Information
Investment Objective
To generate income commensurate with low risk and high liquidity by investing in overnight securities having residual maturity of 1 business day. However,there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
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.
Invesco Asset Management (India) Private Ltd manages assets worth 45,868 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.
Invesco India Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 3.2% over a period of 2 years. The fund is managed by Invesco Asset Management (India) Private Ltd. The fund manager’s name is Krishna Cheemalapati.
Nav of Invesco India Overnight Fund (G) as of 24/01/2022 is ₹1066.66 with the total AUM as of 25/01/2022 is ₹741.389. With Scripbox you can compare and check the latest nav
for all mutual funds in India. Invesco India Overnight Fund (G) was launched on Jan 08, 2020. The category risk of the fund is Low Risk.
The minimum SIP amount for Invesco India Overnight Fund (G) 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 Overnight Fund (G) 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 CRISIL Overnight Index TR INR.
Invesco India Overnight Fund (G) is rated as a 2 fund in Debt and delivered 3.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Invesco India Overnight Fund (G).
Frequently Asked Questions
What is Invesco India Overnight Fund (G)?
Invesco India Overnight Fund (G) is a Overnight Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.
How to invest in Invesco India Overnight Fund (G)?
You can invest in Invesco India Overnight Fund (G) 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 Overnight Fund (G)?
The minimum sip amount for Invesco India Overnight Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Invesco India Overnight Fund (G) good to invest in?
As per Scripbox experts, Invesco India Overnight Fund (G) is a Neutral fund. You can invest Invesco India Overnight Fund (G) 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 Overnight Fund (G)?
The expense ratio of the Invesco India Overnight Fund (G) is 0.15% for regular plan.
