June 16, 2025
mayank
Invesco India Money Market Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 3,148.7333
Weekly NAV IDCW: Rs 1,002.9495
NAV IDCW Monthly: Rs 1,045.5549
Suitable For Which Investors?
“Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.
Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here’s why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there’s a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don’t need for up to a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme seeks to generate superior risk-adjusted returns by investing in Money Market Instruments.
Fund Manager:
1) Krishna Venkat Cheemalapati
Education: Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.
Experience: Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.
2) Vikas Garg
Education: Mr. Garg is CFA MBA Finance, B-Tech and M- Tech
Experience: Prior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Invesco India Money Market Fund
| Fund House | Invesco Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.36% |
| Benchmark | NIFTY Money Market Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 5,899 Cr |
| (As on 31-May-2025) | |
| Expense | 0.22% |
| (As on 31-May-2025) | |
| Risk Grade | — |
| Return Grade | Below Average |
| Return Grade: | Average |
Trailing Returns (%) of Invesco India Money Market Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Invesco India Money Market Dir | 3.93 | 0.01 | 0.79 | 2.54 | 4.30 | 8.14 | 7.40 | 5.90 | 6.40 | 6.79 |
| CCIL T Bill Liquidity Weight | 2.62 | 0.03 | 0.61 | 1.57 | 2.74 | 5.29 | 4.55 | 3.53 | 3.74 | 3.95 |
| Debt: Money Market | 3.95 | 0.01 | 0.80 | 2.54 | 4.32 | 8.18 | 7.46 | 6.05 | 6.58 | 6.90 |
| Rank within category | 18 | 14 | 17 | 18 | 18 | 18 | 13 | 13 | 12 | 11 |
| Number of funds in category | 23 | 24 | 24 | 24 | 23 | 23 | 20 | 17 | 13 | 12 |
Peer Comparison of Invesco India Money Market Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Invesco India Money Market Dir | 2 star | 8.14 | 7.40 | 5.90 | 0.22 | 5,899 | 7.36 | — | 12Y 5M |
| Tata Money Market Dir | 5 star | 8.42 | 7.72 | 6.35 | 0.15 | 31,975 | 6.79 | — | 12Y 5M |
| Kotak Money Market Dir | 4 star | 8.26 | 7.53 | 6.11 | 0.24 | 31,657 | 7.31 | — | 12Y 5M |
| ABSL Money Manager Dir | 4 star | 8.27 | 7.62 | 6.25 | 0.22 | 26,590 | 7.47 | — | 12Y 5M |
| Nippon India Money Market Dir | 4 star | 8.33 | 7.61 | 6.21 | 0.22 | 19,655 | 7.38 | — | 12Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 61 | 78 |
| Macaulay Duration (yrs) | 0.74 | 0.68 |
| Average Maturity (yrs) | 0.74 | 0.69 |
| Yield to Maturity (%) | 6.41 | 6.67 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Invesco India Money Market Fund
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