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Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment)
★★★★★ monitor_heart Health Score: 60/100 · AverageInvesco Mutual Fund · Debt · Money Market Fund
₹1,012.2
AUM: ₹5,764 Cr
NAV updated about 2 months ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.16%
Exit Load
Nil
Fund Manager
Nitish Sikand
Inception
Jan 2013
Benchmark
NIFTY Money Market Index A-I
Sharpe Ratio
-30.95
Std Dev (1Y)
0.21%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.48%
3m
+1.53%
6m
+2.9%
1y
+5.93%
3y
+7.18%
5y
+6.25%
10y
+6.53%
since inception
+41.02%
rate_review TopFund's Take on Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment)
Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment) sits in the middle of the pack for Money Market Fund funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 60/100.
Cost: At 0.16%, the expense ratio is meaningfully cheaper — about 33% below the Money Market Fund category average of 0.24% (based on 64 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -30.95 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.21% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment)
The current NAV (Net Asset Value) of Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment) is ₹1012.2. NAV is updated every business day after market close by AMFI.
1Y: 5.93% · 3Y CAGR: 7.18% · 5Y CAGR: 6.25%
The expense ratio is 0.16% per annum — the annual fee deducted from your investment to cover fund management costs.
Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment) is managed by Nitish Sikand at Invesco Mutual Fund.
Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment) is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment) is a Money Market Fund fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment) is ₹5,764 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.