Invesco India Ultra Short Term Fund - Growth
(Erstwhile Invesco India Medium Term Bond Fund - Growth)
Fund House: Invesco Mutual Fund| Category: Debt: Ultra Short Duration |
| Launch Date: 30-12-2010 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Ultra Short Duration Debt Index B-I |
| Expense Ratio: 0.89% As on (31-12-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 1000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 805.68 Cr As on (31-12-2022) |
| Turn over: - | Exit Load: Nil |
2280.7356
0.47 (0.0207%)
7.05%
S&P BSE Liquid Rate Index 5.13%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The fund aims to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.53 |
| Sharpe Ratio | 0.6 |
| Alpha | 1.52 |
| Beta | 1.06 |
| Yield to Maturity | 6.96 |
| Average Maturity | 0.3 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Invesco India Ultra Short Term Fund - Growth | 30-12-2010 | 4.41 | 3.77 | 4.08 | 5.43 | 6.76 |
| Baroda BNP Paribas Ultra Short Duration Fund - Regular Plan - Growth | 29-05-2018 | 5.17 | 4.51 | 4.58 | - | - |
| Aditya Birla Sun Life Savings Fund-Retail Growth | 27-11-2001 | 5.05 | 4.59 | 5.21 | 6.37 | 7.56 |
| Aditya Birla Sun Life Savings Fund - Growth - Regular Plan | 27-11-2001 | 5.04 | 4.59 | 5.2 | 6.37 | 7.59 |
| Mirae Asset Ultra Short Duration Fund Regular Growth | 02-10-2020 | 4.97 | 4.27 | - | - | - |
| HSBC Ultra Short Duration Fund - Regular Growth | 29-01-2020 | 4.85 | 4.21 | 4.48 | - | - |
| IDBI UST Growth | 03-09-2010 | 4.84 | 4.36 | 4.53 | 5.49 | 6.64 |
| ICICI Prudential Ultra Short Term Fund - Growth | 01-05-2011 | 4.83 | 4.46 | 4.98 | 6.21 | 7.4 |
| Aditya Birla Sun Life Savings Fund - Discipline Advantage Plan | 27-11-2001 | 4.81 | 4.44 | 5.15 | 6.51 | 7.6 |
| HDFC Ultra Short Term Fund - Growth Option | 01-09-2018 | 4.8 | 4.22 | 4.83 | - | - |
Scheme Characteristics
Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
Scheme Documents
There are no scheme documents available
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund
