Formerly Religare S/T Mn Div
₹ 1040.4215
NAV (Mar 05)
Neutral
However, Scripbox does not recommend investing in short term mutual funds.
Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and 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.
Track Record
14 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
1,306 Cr. Medium within the category
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Low Credit Risk. The fund has a high credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
No single fund can achieve what a plan can. Learn why
Scheme Information
The investment objective of the Scheme is to generate steady returns with a moderate risk for investors by investing in a portfolio of short term debt and Money Market Instruments.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Low to Moderate Risk
1.25 %
Expense Ratio
Mar 24, 2007
Launched (14y ago)
₹ 1,306
AUM in Crores
INF205K01UO4
ISIN
No Lock-in
Lock-in
CRISIL Short Term Bond Fund TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
Recommended
Top Ranked
17 Years
Age
Track Record
Liquid
Recommended
Top Ranked
17 Years
Age
Track Record
Ultra Short
Recommended
Top Ranked
22 Years
Age
Track Record
Low Duration
Recommended
Top Ranked
19 Years
Age
Track Record
Liquid
Recommended
Top Ranked
18 Years
Age
Track Record
About the AMC
Invesco Asset Management (India) Private Ltd
Invesco Asset Management (India) Private Ltd manages assets worth 35,176 crores and was set up on 20 May 2005. It's current offering of mutual fund schemes includes 33 equity,111 debt and 14 hybrid funds.
Diversified
Recommended
Top Ranked
₹ 3,445 Cr
Fund Size
11.5%
3Y returns
Diversified
Top Ranked
₹ 3,445 Cr
Fund Size
11.5%
3Y returns
Diversified
Top Ranked
₹ 3,445 Cr
Fund Size
11.5%
3Y returns
Large Cap
Top Ranked
₹ 274 Cr
Fund Size
10.7%
3Y returns
Liquid
Top Ranked
₹ 5,460 Cr
Fund Size
5.2%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
Choose a plan to invest to start investing
Create an account with Scripbox through a paperless process, to invest in this fund
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track, invest more and withdraw your investments through the Scripbox dashboard
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
We will track our recommendations and suggest changes & fund exists whenever required.
Our customer champions are available 7 days a week from 8AM to 8PM.
We review your investments and make course corrections every year to make the best out of your investments
Invesco India Short Term Fund (DP-M) is a short term debt fund and has delivered an annualised return of 6.2% over a period of 14 years .The fund was previously known as Religare S/T Mn Div.The fund is managed by Invesco Asset Management (India) Private Ltd.The fund managers are Krishna Cheemalapati, Sujoy Das, Vikas Garg
The investment objective of the Scheme is to generate steady returns with a moderate risk for investors by investing in a portfolio of short term debt and Money Market Instruments. However, there is no assurance that the objective of the scheme will be realized.
The Invesco India Short Term Fund (DP-M) fund was launched on Mar 24, 2007. The NAV (Net Asset Value) of this short term debt as of 2021-03-05 is ₹ 1040.4215. The total AUM (Asset Under Management) of the fund as of 2021-03-07 is ₹ 1305.219. The category risk of the Invesco India Short Term Fund (DP-M) fund is Low to Moderate Risk. The fund charges 1.25 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 82.7% in this asset class. The top three holdings of the fund are 6.18% govt stock 2024,7.32% govt stock 2024 and state bank of india
The minimum SIP (Systematic Investment Plan) amount for this 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.
This fund 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 Short Term Bond Fund TR INR.
Invesco India Short Term Fund (DP-M) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Invesco India Short Term Fund (DP-M) has a score of 3 out of 5. The credit risk of the fund is 4 out of 5 as compared to other debt funds.