About Invesco India Ultra Short Term Fund Direct-Dividend Monthly
Invesco India Ultra Short Term Fund Direct-Dividend Monthly 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 manager Nitish Sikand
. It has an AUM of ₹548.33 Crores and the latest NAV decalared is ₹1394.139 as on 17 Oct 2019 at 11:35 pm.
Invesco India Ultra Short Term Fund Direct-Dividend Monthly scheme return performance in last 1 year is 8.82%, in last 3 years is 25.94% and 74.29% 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.