About Invesco India Ultra Short Term Fund Direct - Dividend Monthly Reinvestment
Invesco India Ultra Short Term Fund Direct - Dividend Monthly Reinvestment is a Debt
mutual fund scheme from Invesco Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Sujoy Kumar Das
and Krishna Venkat Cheemalapati
. It has an AUM of ₹602.16 Crores and the latest NAV decalared is ₹1466.172 as on 14 Jul 2020 at 9:07 pm.
Invesco India Ultra Short Term Fund Direct - Dividend Monthly Reinvestment scheme return performance in last 1 year is 7.42%, in last 3 years is 24.83% and 83.30% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Ultra Short Duration Funds maintain a portfolio of debt and money market instruments wherein the portfolio has a Macaulay duration of around 3 to 6 months. Among the duration funds, these funds are relatively less affected by the movement of overall interest rates. These funds may be suitable to earn regular income with high liquidity.