July 30, 2022
mayank
Invesco India Short Term Fund Guidance
NAV Growth : Rs 3,168.7571
NAV IDCW Weekly : Rs 1,019.6332
Suitable For Which Investors ?
“Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy :
The scheme seeks to generate steady returns with a moderate risk by investing in a portfolio comprising of short-medium term debt and money market instruments.
Fund Manager :
— 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.
— 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. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
Basic Details
| Fund House: | Invesco Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 7.66% |
| Benchmark: | NIFTY Short Duration Debt Index A-II |
| Riskometer: | Low to Moderate |
| Type: | Open-ended |
| Assets: | Rs 596 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 0.35% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Above Average |
| Return Grade: | Average |
Invesco India Short Term Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| Invesco India Short Term Direct-G | 1.19 | 0.05 | 0.13 | 0.58 | 0.23 | 0.84 | 2.59 | 6.12 | 6.57 | 7.19 | — |
| CCIL T Bill Liquidity Weight | 1.12 | 0.05 | 0.05 | 0.25 | 0.44 | 0.97 | 1.97 | 2.63 | 3.28 | 3.64 | — |
| Debt: Short Duration | 1.98 | 0.05 | 0.18 | 0.73 | 0.46 | 1.72 | 4.48 | 6.41 | 6.21 | 7.1 | — |
| Rank within category | 19 | 19 | 24 | 24 | 25 | 21 | 23 | 16 | 14 | 14 | — |
| Number of funds in category | 26 | 29 | 29 | 29 | 29 | 26 | 25 | 24 | 21 | 21 | 0 |
Invesco India Short Term Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Invesco India Short Term Fund | 2 star | Jan-13 | 2.59 | 6.12 | 6.57 | 0.35 | 596 |
| ICICI Prudential Short Term Fund | 4 star | Jan-13 | 4.28 | 7.38 | 7.39 | 0.37 | 15,492 |
| HDFC Short Term Debt Fund | 4 star | Jan-13 | 3.27 | 6.97 | 7.21 | 0.29 | 13,834 |
| Kotak Bond – Short Term Fund | 4 star | Jan-13 | 3.26 | 6.62 | 7.08 | 0.34 | 13,114 |
| Nippon India Short Term Fund | 5 star | Jan-13 | 3.5 | 6.99 | 6.96 | 0.35 | 7,284 |
Portfolio Breakup
| Fund | 1Y High | 1Y Low | Category | |
| Number of Securities | 25 | 46 | 25 | 46 |
| Modified Duration (yrs) | 1.06 | 1.83 | 1.06 | 1.51 |
| Average Maturity (yrs) | 1.17 | 2.12 | 1.17 | 2 |
| Yield to Maturity (%) | 6.48 | 6.48 | 4.63 | 6.74 |
| Avg Credit Rating | AAA | — | — | — |
Invesco India Short Term Fund Guidance by Chanakya :
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