June 16, 2025
mayank
Invesco India Overnight Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 1,305.5847
Monthly NAV IDCW: Rs 1,002.5729
NAV IDCW Daily: Rs 1,000.5303
Suitable For Which Investors?
“Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don’t need for a few days up to a year.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
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.
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) Prateek Jain
Education: Mr. Jain is B.M.S. & M.Com
Experience: Prior to joining Invesco Mutual Fund, he has worked with Principal Pnb AMC as Fixed Income Dealer, Taurus Corporate Advisory Service Ltd. as Debt Dealer in Wholesale Debt Markets & in Edelweiss Web Services Ltd. as Junior Associate.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Invesco India Overnight Fund
| Fund House | Invesco Mutual Fund |
| Launch Date | 08-Jan-20 |
| Return Since Launch | 5.03% |
| Benchmark | NIFTY 1D Rate Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 323 Cr |
| (As on 31-May-2025) | |
| Expense | 0.06% |
| (As on 31-May-2025) | |
| Risk Grade | — |
| Return Grade | Above Average |
Trailing Returns (%) of Invesco India Overnight Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Invesco India Overnight Dir | 2.76 | 0.01 | 0.47 | 1.49 | 3.10 | 6.47 | 6.42 | 5.13 | — | — |
| CCIL T Bill Liquidity Weight | 2.62 | 0.03 | 0.61 | 1.57 | 2.74 | 5.29 | 4.55 | 3.53 | — | — |
| Debt: Overnight | 2.75 | 0.01 | 0.47 | 1.48 | 3.09 | 6.44 | 6.41 | 5.14 | — | — |
| Rank within category | 21 | 16 | 15 | 21 | 21 | 18 | 16 | 17 | — | — |
| Number of funds in category | 34 | 35 | 35 | 34 | 34 | 34 | 28 | 27 | 3 | 2 |
Peer Comparison of Invesco India Overnight 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 Overnight Dir | 4 star | 6.47 | 6.42 | 5.13 | 0.06 | 323 | 5.03 | — | 5Y 5M |
| Axis Overnight Dir | 5 star | 6.52 | 6.46 | 5.18 | 0.06 | 8,726 | 5.13 | — | 6Y 3M |
| ABSL Overnight Dir | 4 star | 6.48 | 6.43 | 5.16 | 0.08 | 7,174 | 5.18 | — | 6Y 7M |
| Kotak Overnight Dir | 4 star | 6.48 | 6.44 | 5.15 | 0.08 | 6,261 | 5.13 | — | 6Y 5M |
| Nippon India Overnight Dir | 4 star | 6.50 | 6.45 | 5.16 | 0.08 | 5,781 | 5.18 | — | 6Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 2 | 3 |
| Macaulay Duration (yrs) | 0.01 | 0.01 |
| Average Maturity (yrs) | 0.01 | 0.01 |
| Yield to Maturity (%) | 5.83 | 6.07 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Invesco India Overnight Fund
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