Invesco India Ultra Short Term Fund
Ultra Short DurationLow to ModerateOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹2,904.78-0.01%1 day
- Return since launch
- 7.0%
- 52-week range
- ₹2,736.29 — ₹2,905.21
- AUM
- ₹1,497 Cr
Invesco India Ultra Short Term Fund is a Ultra Short Duration debt fund from Invesco Mutual Fund with ₹1,497 Cr under management, launched in 2010. Over three years it has returned 6.7% a year, against 6.7% for its category. The expense ratio is 0.79% and the SEBI riskometer reading is Low to Moderate.
Performance
Invesco India Ultra Short Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.2% 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 | 6.5% | +0.4 pts | 6.1% | 6.5% |
| 2Y | 6.5% | +0.2 pts | 6.3% | 6.5% |
| 3Y | 6.7% | 0.0 pts | 6.7% | 6.7% |
| 5Y | 6.6% | +0.6 pts | 6.0% | 6.6% |
| 7Y | 6.1% | +0.1 pts | 6.0% | 6.2% |
| 10Y | 6.0% | +0.2 pts | 5.9% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.5% | 0.0 pts | 1.5% | 1.5% |
| 6M | 3.5% | +0.1 pts | 3.4% | 3.4% |
| 1Y | 6.2% | +0.1 pts | 6.1% | 6.2% |
| 2Y | 6.7% | +0.2 pts | 6.5% | 6.7% |
| 3Y | 6.9% | +0.2 pts | 6.7% | 6.8% |
| 5Y | 6.1% | +0.1 pts | 6.0% | 6.1% |
| 7Y | 5.6% | −0.3 pts | 6.0% | 5.7% |
| 10Y | 6.2% | +0.3 pts | 5.9% | 6.5% |
Since launch (13 Dec 2010): 7.0%
Calendar-year returns
Category average5.1%
3.0%
4.1%
6.6%
7.4%
6.8%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.8% | −0.4 pts | 7.2% |
| 2024 | 7.4% | −0.2 pts | 7.6% |
| 2023 | 6.6% | −0.6 pts | 7.2% |
| 2022 | 4.1% | −0.7 pts | 4.8% |
| 2021 | 3.0% | −1.1 pts | 4.1% |
| 2020 | 5.1% | −0.7 pts | 5.8% |
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
0.66%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.54%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.10%
- Exit load
- Exit load of 1% if redeemed within 6 months
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Ultra Short Duration Debt 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 | 2.11 | 2.71 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 3.53 | 3.79 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.47 | 0.42 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Invesco India Ultra Short Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt96.6%
- Other3.4%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 4.02% | ₹60.17 Cr | +0.84% | +0.78% | +0.76% |
| Others | Others | 3.66% | ₹55.00 Cr | +1.02% | +0.93% | +0.87% |
| Export-Import Bank Of India | Financial | 3.28% | ₹49.08 Cr | — | +3.87% | — |
| ICICI Bank Ltd. | Financial | 3.25% | ₹48.67 Cr | +1.97% | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 3.24% | ₹48.54 Cr | +2.00% | +1.83% | +0.73% |
| HDFC Bank Ltd. | Financial | 3.23% | ₹48.34 Cr | +9.00% | — | +7.41% |
| National Bank For Agriculture & Rural Development | Financial | 3.23% | ₹48.27 Cr | +3.97% | +7.74% | +1.89% |
| Union Bank of India | Financial | 3.22% | ₹48.26 Cr | +1.99% | — | +1.85% |
| company:13597 | Financial | 2.34% | ₹35.03 Cr | — | — | — |
| National Bank For Financing Infrastructure And Development | Financial | 2.26% | ₹33.84 Cr | — | — | — |
| Godrej Properties Ltd. | Construction | 1.68% | ₹25.09 Cr | — | — | — |
| Muthoot Finance Ltd. | Financial | 1.68% | ₹25.08 Cr | +2.01% | +1.83% | +1.88% |
| Piramal Finance Pvt. Ltd. | Financial | 1.68% | ₹25.10 Cr | +2.09% | +1.94% | +1.89% |
| 360 ONE Wealth Ltd. | Financial | 1.67% | ₹24.93 Cr | — | +1.55% | — |
| REC Ltd. | Financial | 1.67% | ₹25.01 Cr | — | +5.81% | +1.89% |
| company:13827 | Construction | 1.67% | ₹25.06 Cr | — | +1.93% | +0.60% |
| company:8119 | Energy | 1.67% | ₹24.94 Cr | — | — | +1.89% |
| Adani Enterprises Ltd. | Services | 1.66% | ₹24.88 Cr | +2.08% | — | — |
| DSP Finance Pvt Ltd. | Financial | 1.66% | ₹24.89 Cr | — | — | — |
| LIC Housing Finance Ltd. | Financial | 1.66% | ₹24.90 Cr | +2.07% | — | — |
| company:11619 | Financial | 1.65% | ₹24.65 Cr | — | — | — |
| Bank Of Baroda | Financial | 1.64% | ₹24.58 Cr | +2.04% | +3.64% | +5.50% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.64% | ₹24.49 Cr | — | — | — |
| Punjab National Bank | Financial | 1.63% | ₹24.33 Cr | +2.04% | +1.93% | — |
| company:5434 | Financial | 1.63% | ₹24.33 Cr | +1.99% | — | +0.73% |
| company:5652 | Financial | 1.63% | ₹24.36 Cr | +4.09% | +2.55% | +5.55% |
| Bajaj Housing Finance Ltd. | Financial | 1.62% | ₹24.28 Cr | +1.98% | +1.82% | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 1.56% | ₹23.35 Cr | — | +1.93% | +1.14% |
| Indostar Capital Finance Ltd. | Financial | 1.34% | ₹20.02 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.99% | ₹14.79 Cr | +2.89% | +2.69% | +3.73% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 0.67% | ₹10.05 Cr | +0.84% | +0.78% | +3.01% |
| Axis Bank Ltd. | Financial | 0.65% | ₹9.68 Cr | +6.13% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| TVS Credit Services Ltd. | 3.73% | 0.00% | -3.73% |
| Reserve Bank of India | 4.59% | 0.99% | -3.60% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 0.93% | 4.02% | +3.09% |
| Small Industries Devp. Bank of India Ltd. | 4.57% | 1.56% | -3.01% |
| company:13597 | 0.00% | 2.34% | +2.34% |
| Aditya Birla Real Estate Ltd | 2.33% | 0.00% | -2.33% |
| Indian Railway Finance Corporation Ltd. | 2.33% | 0.00% | -2.33% |
| company:13827 | 0.00% | 1.67% | +1.67% |
| company:8119 | 0.00% | 1.67% | +1.67% |
| company:11619 | 0.00% | 1.65% | +1.65% |
| company:5434 | 0.00% | 1.63% | +1.63% |
| company:5652 | 0.00% | 1.63% | +1.63% |
| Manappuram Finance Ltd. | 1.36% | 0.00% | -1.36% |
| HDFC Bank Ltd. | 4.57% | 3.23% | -1.34% |
| Export-Import Bank Of India | 4.54% | 3.28% | -1.26% |
| Kotak Mahindra Bank Ltd. | 4.50% | 3.24% | -1.26% |
| National Bank For Agriculture & Rural Development | 4.48% | 3.23% | -1.25% |
| ICICI Bank Ltd. | 2.23% | 3.25% | +1.02% |
| Union Bank of India | 2.24% | 3.22% | +0.98% |
| National Bank For Financing Infrastructure And Development | 3.13% | 2.26% | -0.87% |
| 360 ONE Wealth Ltd. | 2.33% | 1.67% | -0.66% |
| REC Ltd. | 2.33% | 1.67% | -0.66% |
| LIC Housing Finance Ltd. | 2.32% | 1.66% | -0.66% |
| Piramal Finance Pvt. Ltd. | 2.34% | 1.68% | -0.66% |
| DSP Finance Pvt Ltd. | 2.31% | 1.66% | -0.65% |
| Adani Enterprises Ltd. | 2.30% | 1.66% | -0.64% |
| Torrent Pharmaceuticals Ltd. | 2.27% | 1.64% | -0.63% |
| Bajaj Housing Finance Ltd. | 2.25% | 1.62% | -0.63% |
| Bank Of Baroda | 2.24% | 1.64% | -0.60% |
| Muthoot Finance Ltd. | 2.28% | 1.68% | -0.60% |
| Indostar Capital Finance Ltd. | 1.87% | 1.34% | -0.53% |
| Godrej Properties Ltd. | 1.40% | 1.68% | +0.28% |
| Summit Digitel Infrastructure Pvt. Ltd. | 0.94% | 0.67% | -0.27% |
| Axis Bank Ltd. | 0.90% | 0.65% | -0.25% |
| Punjab National Bank | 1.82% | 1.63% | -0.19% |
| Others | 0.38% | 0.28% | -0.10% |
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 | ₹1,179 Cr | 0.32% | 7.0% | 6.9% | 6.9% |
 HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹2,264 Cr | 0.25% | 7.2% | — | — |
 Aditya Birla Sun Life CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund | ₹2,164 Cr | 0.37% | 7.0% | — | — |
 Baroda BNP Paribas Ultra Short Term Fund | ₹666 Cr | 0.43% | 6.8% | 6.9% | 6.9% |
 ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹533 Cr | 0.22% | 7.1% | — | — |
 Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹270 Cr | 0.35% | 6.8% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to primarily generate accrual income by investing in a portfolio of short term Money Market and Debt 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 months3.45% absolute | ₹60,000 | ₹62,070 | 3.45% | |
| 1 year6.16% annualised | ₹1,20,000 | ₹1,24,080 | 3.40% | |
| 3 years6.87% annualised | ₹3,60,000 | ₹4,00,804 | 11.33% | |
| 5 years6.07% annualised | ₹6,00,000 | ₹7,02,492 | 17.08% |
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 Ultra Short Term Fund?
The NAV of Invesco India Ultra Short Term Fund is ₹2,904.78 as on 25 Sep 2026.
What is the expense ratio of Invesco India Ultra Short Term Fund?
The expense ratio of Invesco India Ultra Short Term Fund is 0.79% per year.
What is the minimum SIP amount for Invesco India Ultra Short Term Fund?
You can start a SIP in Invesco India Ultra Short Term Fund with ₹3,000 a month.
What returns has Invesco India Ultra Short Term Fund given?
Invesco India Ultra Short Term Fund has returned 6.5% over 1 year, 6.7% over 3 years and 6.6% over 5 years (annualised).
Is there a lock-in or exit load on Invesco India Ultra Short Term Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 6 months.
How risky is Invesco India Ultra Short Term Fund?
Invesco India Ultra Short Term Fund is rated Low to Moderate on the SEBI riskometer and belongs to the Ultra Short Duration category.
Which fund house manages Invesco India Ultra Short Term Fund?
Invesco India Ultra Short Term Fund is managed by Invesco Mutual Fund, which runs 44 schemes with ₹1,46,718 Cr under management.