About Invesco India Ultra Short Term Fund Direct - Dividend Yearly Payout
Invesco India Ultra Short Term Fund Direct - Dividend Yearly Payout 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 ₹625.17 Crores and the latest NAV decalared is ₹1496.218 as on 20 Feb 2020 at 12:00 am.
Invesco India Ultra Short Term Fund Direct - Dividend Yearly Payout scheme return performance in last 1 year is 7.87%, in last 3 years is 25.13% and 78.29% 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.