Invesco India Money Market Fund
Money MarketLow to ModerateOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹3,305.40+0.02%1 day
- Return since launch
- 7.2%
- 52-week range
- ₹3,116.26 — ₹3,305.40
- AUM
- ₹6,301 Cr
Invesco India Money Market Fund is a Money Market debt fund from Invesco Mutual Fund with ₹6,301 Cr under management, launched in 2009. Over three years it has returned 6.6% a year, against 7.0% for its category. The expense ratio is 0.43% and the SEBI riskometer reading is Low to Moderate.
Performance
Invesco India Money Market Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.1% against +6.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.2% | 0.0 pts | 6.1% | 6.2% |
| 2Y | 6.3% | −0.1 pts | 6.4% | 6.5% |
| 3Y | 6.6% | −0.3 pts | 7.0% | 6.7% |
| 5Y | 6.7% | +0.3 pts | 6.4% | 6.8% |
| 7Y | 6.3% | −0.2 pts | 6.4% | 6.4% |
| 10Y | 6.2% | −0.2 pts | 6.3% | 6.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.4% | 0.3% |
| 3M | 1.4% | 0.0 pts | 1.4% | 1.3% |
| 6M | 3.2% | 0.0 pts | 3.2% | 3.2% |
| 1Y | 6.1% | 0.0 pts | 6.1% | 6.1% |
| 2Y | 6.7% | −0.1 pts | 6.7% | 6.8% |
| 3Y | 6.9% | 0.0 pts | 7.0% | 7.0% |
| 5Y | 6.2% | −0.1 pts | 6.4% | 6.4% |
| 7Y | 5.8% | −0.1 pts | 6.0% | 5.9% |
| 10Y | 6.2% | −0.1 pts | 6.3% | 6.5% |
Since launch (14 Aug 2009): 7.2%
Calendar-year returns
Category average5.8%
3.5%
3.9%
7.0%
7.4%
7.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.2% | −0.3 pts | 7.5% |
| 2024 | 7.4% | −0.2 pts | 7.6% |
| 2023 | 7.0% | −0.3 pts | 7.3% |
| 2022 | 3.9% | −0.8 pts | 4.7% |
| 2021 | 3.5% | −0.2 pts | 3.8% |
| 2020 | 5.8% | −0.3 pts | 6.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.43%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.36%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.06%
- Exit load
- Exit load of 0.25% if redeemed within 1 month.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Money Market Index A-I
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Low to Moderate
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.99 | 2.20 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.97 | 3.26 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.58 | 0.56 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Invesco India Money Market Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt97.5%
- Other2.5%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | Financial | 5.32% | ₹292 Cr | +3.28% | +3.54% | +2.04% |
| Others | Others | 4.81% | ₹262 Cr | +0.87% | +0.69% | +1.02% |
| Jio Credit Ltd. | Financial | 3.53% | ₹194 Cr | +3.26% | +2.61% | — |
| Tata Realty and Infrastructure Ltd. | Construction | 1.96% | ₹107 Cr | +1.81% | +1.44% | — |
| Axis Bank Ltd. | Financial | 1.95% | ₹107 Cr | +0.66% | +1.99% | +0.51% |
| AU Small Finance Bank Ltd. | Financial | 1.78% | ₹97.77 Cr | +0.83% | +0.67% | +0.98% |
| Tata Capital Ltd. | Financial | 1.78% | ₹97.30 Cr | +1.64% | +1.31% | +0.50% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.77% | ₹97.25 Cr | +0.83% | +0.66% | +2.04% |
| Kotak Mahindra Bank Ltd. | Financial | 1.77% | ₹97.15 Cr | +0.82% | +0.66% | +2.05% |
| Mahindra & Mahindra Financial Services Ltd. - Right Entitlement | Financial | 1.77% | ₹96.99 Cr | +1.63% | +1.31% | — |
| Union Bank of India | Financial | 1.77% | ₹97.06 Cr | +0.83% | +1.35% | +1.50% |
| Reserve Bank of India | Financial | 1.60% | ₹87.93 Cr | +1.34% | +0.69% | +3.59% |
| Bajaj Housing Finance Ltd. | Financial | 1.34% | ₹73.36 Cr | +1.24% | +0.99% | +2.05% |
| Indian Bank | Financial | 1.34% | ₹73.23 Cr | +1.08% | — | +1.53% |
| ICICI Securities Ltd. | Financial | 1.33% | ₹73.02 Cr | +1.64% | +1.31% | +1.03% |
| LIC Housing Finance Ltd. GDR/GDS | Financial | 1.33% | ₹73.00 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | 1.16% | ₹63.72 Cr | +2.46% | +1.31% | +3.07% |
| National Bank For Agriculture & Rural Development | Financial | 1.15% | ₹62.98 Cr | +0.65% | +1.50% | +3.08% |
| GOI | Sovereign | 0.91% | ₹50.01 Cr | +0.43% | +1.41% | — |
| Mizuho Capsave Finance Private Ltd. | Financial | 0.91% | ₹49.61 Cr | — | — | — |
| Uttar Pradesh State | Others | 0.91% | ₹50.08 Cr | — | — | — |
| Aditya Birla Housing Finance Ltd. | Financial | 0.89% | ₹48.71 Cr | +0.82% | +0.66% | — |
| Bank Of Baroda | Financial | 0.89% | ₹48.79 Cr | +2.06% | +1.97% | +2.02% |
| Birla Group Holdings Pvt. Ltd. | Financial | 0.89% | ₹48.65 Cr | +0.82% | +0.65% | — |
| Canara Bank | Financial | 0.89% | ₹48.53 Cr | +1.23% | +0.99% | +2.56% |
| IDFC First Bank Ltd. | Financial | 0.89% | ₹48.91 Cr | +0.82% | +0.66% | — |
| Muthoot Finance Ltd. | Financial | 0.89% | ₹48.53 Cr | +0.82% | +0.65% | +1.02% |
| Punjab National Bank | Financial | 0.89% | ₹48.81 Cr | +0.41% | +2.03% | +1.02% |
| Credila Financial Services Ltd. | Financial | 0.88% | ₹48.36 Cr | — | — | +1.04% |
| ICICI Bank Ltd. | Financial | 0.88% | ₹48.47 Cr | +1.64% | +1.31% | — |
| Manappuram Finance Ltd. | Financial | 0.88% | ₹48.47 Cr | +0.58% | +0.46% | — |
| National Bank For Financing Infrastructure And Development | Financial | 0.53% | ₹29.16 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Canara Bank | 3.66% | 0.89% | -2.77% |
| company:3988 | 1.48% | 0.00% | -1.48% |
| Axis Bank Ltd. | 0.59% | 1.95% | +1.36% |
| Manappuram Finance Ltd. | 2.19% | 0.88% | -1.31% |
| company:5721 | 1.10% | 0.00% | -1.10% |
| Uttar Pradesh State | 0.00% | 0.91% | +0.91% |
| company:1102 | 0.74% | 0.00% | -0.74% |
| Union Bank of India | 1.10% | 1.77% | +0.67% |
| Indian Bank | 0.72% | 1.34% | +0.62% |
| Jio Credit Ltd. | 2.92% | 3.53% | +0.61% |
| LIC Housing Finance Ltd. GDR/GDS | 0.73% | 1.33% | +0.60% |
| Bank Of Baroda | 1.47% | 0.89% | -0.58% |
| HDFC Bank Ltd. | 0.73% | 1.16% | +0.43% |
| Reserve Bank of India | 1.20% | 1.60% | +0.40% |
| Tata Realty and Infrastructure Ltd. | 1.62% | 1.96% | +0.34% |
| Tata Capital Ltd. | 1.46% | 1.78% | +0.32% |
| AU Small Finance Bank Ltd. | 1.47% | 1.78% | +0.31% |
| Cholamandalam Investment and Finance Company Ltd. | 1.46% | 1.77% | +0.31% |
| Kotak Mahindra Bank Ltd. | 1.46% | 1.77% | +0.31% |
| Mahindra & Mahindra Financial Services Ltd. - Right Entitlement | 1.46% | 1.77% | +0.31% |
| Small Industries Devp. Bank of India Ltd. | 1.46% | 1.77% | +0.31% |
| Bajaj Housing Finance Ltd. | 1.10% | 1.34% | +0.24% |
| ICICI Securities Ltd. | 1.10% | 1.33% | +0.23% |
| Aditya Birla Housing Finance Ltd. | 0.73% | 0.89% | +0.16% |
| Birla Group Holdings Pvt. Ltd. | 0.73% | 0.89% | +0.16% |
| Mizuho Capsave Finance Private Ltd. | 0.75% | 0.91% | +0.16% |
| Muthoot Finance Ltd. | 0.73% | 0.89% | +0.16% |
| Punjab National Bank | 0.73% | 0.89% | +0.16% |
| Credila Financial Services Ltd. | 0.73% | 0.88% | +0.15% |
| GOI | 0.76% | 0.91% | +0.15% |
| ICICI Bank Ltd. | 0.73% | 0.88% | +0.15% |
| IDFC First Bank Ltd. | 0.74% | 0.89% | +0.15% |
| National Bank For Financing Infrastructure And Development | 0.44% | 0.53% | +0.09% |
| National Bank For Agriculture & Rural Development | 1.09% | 1.15% | +0.06% |
| Others | 0.26% | 0.31% | +0.05% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹13,857 Cr | 0.34% | 6.4% | 6.8% | 7.0% |
 Aditya Birla Sun Life Money Market Fund | ₹25,875 Cr | 0.37% | 6.4% | 6.9% | 7.0% |
 Axis Money Market Fund | ₹19,507 Cr | 0.36% | 6.4% | 6.9% | 7.0% |
 UTI Money Market Fund | ₹16,039 Cr | 0.29% | 6.4% | 6.9% | 7.0% |
 LIC MF Money Market Fund | ₹3,979 Cr | 0.38% | 6.4% | 6.4% | — |
 Franklin India Money Market Fund | ₹3,887 Cr | 0.30% | 6.4% | 6.9% | 7.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate superior risk-adjusted returns by investing in Money Market Instruments
Fund managers
- Krishna Venkat CheemalapatiMr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.
- Vikas GargMr. Garg is CFA MBA Finance, B-Tech and M- TechPrior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.18% absolute | ₹60,000 | ₹61,908 | 3.18% | |
| 1 year6.07% annualised | ₹1,20,000 | ₹1,24,020 | 3.35% | |
| 3 years6.94% annualised | ₹3,60,000 | ₹4,01,249 | 11.46% | |
| 5 years6.24% annualised | ₹6,00,000 | ₹7,05,671 | 17.61% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Invesco India Money Market Fund?
The NAV of Invesco India Money Market Fund is ₹3,305.40 as on 6 Nov 2026.
What is the expense ratio of Invesco India Money Market Fund?
The expense ratio of Invesco India Money Market Fund is 0.43% per year.
What is the minimum SIP amount for Invesco India Money Market Fund?
You can start a SIP in Invesco India Money Market Fund with ₹3,000 a month.
What returns has Invesco India Money Market Fund given?
Invesco India Money Market Fund has returned 6.2% over 1 year, 6.6% over 3 years and 6.7% over 5 years (annualised).
Is there a lock-in or exit load on Invesco India Money Market Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 1 month..
How risky is Invesco India Money Market Fund?
Invesco India Money Market Fund is rated Low to Moderate on the SEBI riskometer and belongs to the Money Market category.
Which fund house manages Invesco India Money Market Fund?
Invesco India Money Market Fund is managed by Invesco Mutual Fund, which runs 46 schemes with ₹1,65,375 Cr under management.