Invesco India Ultra Short Term Fund
Ultra Short DurationLow to ModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹2,923.15+0.07%1 day
- Return since launch
- 7.0%
- 52-week range
- ₹2,754.88 — ₹2,921.17
- AUM
- ₹1,665 Cr
Invesco India Ultra Short Term Fund is a Ultra Short Duration debt fund from Invesco Mutual Fund with ₹1,665 Cr under management, launched in 2010. Over three years it has returned 6.5% a year, against 6.6% 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 +6.0% against +6.1% 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% | +0.2 pts | 6.0% | 6.2% |
| 2Y | 6.3% | +0.2 pts | 6.1% | 6.3% |
| 3Y | 6.5% | −0.1 pts | 6.6% | 6.5% |
| 5Y | 6.6% | +0.5 pts | 6.0% | 6.5% |
| 7Y | 6.1% | +0.1 pts | 6.0% | 6.1% |
| 10Y | 6.0% | +0.2 pts | 5.8% | 6.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.4% | 0.0 pts | 1.3% | 1.3% |
| 6M | 3.1% | 0.0 pts | 3.1% | 3.1% |
| 1Y | 6.1% | +0.1 pts | 6.0% | 6.1% |
| 2Y | 6.5% | +0.2 pts | 6.3% | 6.5% |
| 3Y | 6.8% | +0.2 pts | 6.6% | 6.8% |
| 5Y | 6.1% | +0.1 pts | 6.0% | 6.2% |
| 7Y | 5.6% | 0.0 pts | 5.6% | 5.7% |
| 10Y | 6.1% | +0.3 pts | 5.8% | 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
0.79%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.67%
- 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 | 2.09 | — | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 3.33 | — | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.49 | — | 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 30 Sep 2026
Asset allocation
- Debt93.3%
- Other6.7%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | 7.54% | ₹105 Cr | +4.80% | +10.36% | +2.04% |
| Canara Bank | Financial | 6.27% | ₹87.47 Cr | +3.34% | +2.45% | +2.01% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 4.31% | ₹60.12 Cr | +1.00% | +1.04% | +0.82% |
| ICICI Bank Ltd. | Financial | 3.51% | ₹48.94 Cr | +2.38% | +2.43% | — |
| Kotak Mahindra Bank Ltd. | Financial | 3.50% | ₹48.80 Cr | +2.42% | +2.47% | +0.80% |
| Piramal Finance Ltd. | Financial | 3.16% | ₹44.10 Cr | — | — | — |
| Tata Capital Housing Finance Ltd. | Financial | 2.87% | ₹40.06 Cr | — | — | +2.03% |
| Truhome Finance Ltd. | Financial | 2.57% | ₹35.82 Cr | — | — | — |
| Bahadur Chand Investments Pvt. Ltd. | Financial | 2.52% | ₹35.07 Cr | — | — | — |
| Motilal Oswal Home Finance Ltd. | Financial | 2.51% | ₹35.00 Cr | — | — | — |
| Axis Bank Ltd. | Financial | 2.44% | ₹34.07 Cr | +0.95% | — | — |
| National Bank For Financing Infrastructure And Development | Financial | 2.44% | ₹34.03 Cr | — | — | — |
| Others | Others | 2.30% | ₹31.96 Cr | +1.23% | +1.26% | +0.96% |
| GOI | Sovereign | 1.81% | ₹25.17 Cr | — | — | — |
| Godrej Properties Ltd. | Construction | 1.80% | ₹25.06 Cr | — | — | — |
| Muthoot Finance Ltd. | Financial | 1.80% | ₹25.05 Cr | +2.43% | +2.47% | +2.04% |
| Tata Projects Ltd. | Construction | 1.80% | ₹25.05 Cr | — | +2.59% | +0.65% |
| 360 ONE Wealth Ltd. | Financial | 1.79% | ₹24.94 Cr | — | +2.08% | +2.04% |
| LIC Housing Finance Ltd. | Financial | 1.79% | ₹24.92 Cr | — | — | — |
| REC Ltd. | Financial | 1.79% | ₹24.98 Cr | — | +7.78% | +2.05% |
| Torrent Power Ltd. | Energy | 1.79% | ₹24.94 Cr | — | — | +2.04% |
| Muthoot Fincorp Ltd. | Financial | 1.78% | ₹24.81 Cr | — | — | — |
| Bank Of Baroda | Financial | 1.76% | ₹24.48 Cr | +2.39% | — | +5.98% |
| HDFC Bank Ltd. | Financial | 1.76% | ₹24.51 Cr | +4.77% | — | — |
| Union Bank of India | Financial | 1.76% | ₹24.50 Cr | +2.40% | — | +3.98% |
| Bajaj Housing Finance Ltd. | Financial | 1.75% | ₹24.42 Cr | +2.39% | +2.44% | — |
| Indian Bank | Financial | 1.75% | ₹24.46 Cr | +2.41% | — | +0.80% |
| Punjab National Bank | Financial | 1.75% | ₹24.47 Cr | +1.91% | +2.45% | +1.98% |
| Manappuram Finance Ltd. | Financial | 1.74% | ₹24.24 Cr | +1.45% | +1.48% | +2.05% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 0.72% | ₹10.04 Cr | +1.01% | +1.04% | +3.25% |
| Reserve Bank of India | Financial | 0.07% | ₹1.00 Cr | +4.93% | +1.04% | +4.04% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Canara Bank | 1.63% | 6.27% | +4.64% |
| National Bank For Agriculture & Rural Development | 3.23% | 7.54% | +4.31% |
| company:5721 | 3.28% | 0.00% | -3.28% |
| Tata Capital Housing Finance Ltd. | 0.00% | 2.87% | +2.87% |
| Truhome Finance Ltd. | 0.00% | 2.57% | +2.57% |
| Bahadur Chand Investments Pvt. Ltd. | 0.00% | 2.52% | +2.52% |
| GOI | 0.00% | 1.81% | +1.81% |
| Axis Bank Ltd. | 0.65% | 2.44% | +1.79% |
| Manappuram Finance Ltd. | 0.00% | 1.74% | +1.74% |
| company:14445 | 1.68% | 0.00% | -1.68% |
| company:20249 | 1.66% | 0.00% | -1.66% |
| company:56 | 1.66% | 0.00% | -1.66% |
| company:3988 | 1.64% | 0.00% | -1.64% |
| company:5536 | 1.56% | 0.00% | -1.56% |
| HDFC Bank Ltd. | 3.23% | 1.76% | -1.47% |
| Union Bank of India | 3.22% | 1.76% | -1.46% |
| Piramal Finance Ltd. | 0.00% | 1.36% | +1.36% |
| company:12646 | 1.34% | 0.00% | -1.34% |
| Reserve Bank of India | 0.99% | 0.07% | -0.92% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 4.02% | 4.31% | +0.29% |
| ICICI Bank Ltd. | 3.25% | 3.51% | +0.26% |
| Kotak Mahindra Bank Ltd. | 3.24% | 3.50% | +0.26% |
| National Bank For Financing Infrastructure And Development | 2.26% | 2.44% | +0.18% |
| Motilal Oswal Home Finance Ltd. | 2.34% | 2.51% | +0.17% |
| LIC Housing Finance Ltd. | 1.66% | 1.79% | +0.13% |
| Muthoot Fincorp Ltd. | 1.65% | 1.78% | +0.13% |
| Tata Projects Ltd. | 1.67% | 1.80% | +0.13% |
| Bajaj Housing Finance Ltd. | 1.62% | 1.75% | +0.13% |
| 360 ONE Wealth Ltd. | 1.67% | 1.79% | +0.12% |
| Bank Of Baroda | 1.64% | 1.76% | +0.12% |
| Godrej Properties Ltd. | 1.68% | 1.80% | +0.12% |
| Indian Bank | 1.63% | 1.75% | +0.12% |
| Muthoot Finance Ltd. | 1.68% | 1.80% | +0.12% |
| Punjab National Bank | 1.63% | 1.75% | +0.12% |
| REC Ltd. | 1.67% | 1.79% | +0.12% |
| Torrent Power Ltd. | 1.67% | 1.79% | +0.12% |
| Summit Digitel Infrastructure Pvt. Ltd. | 0.67% | 0.72% | +0.05% |
| Others | 0.28% | 0.30% | +0.02% |
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 | ₹1,099 Cr | 0.29% | 6.6% | — | — |
 Aditya Birla Sun Life CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund | ₹2,407 Cr | 0.37% | 6.7% | — | — |
 HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹1,986 Cr | 0.25% | 6.8% | — | — |
 ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹575 Cr | 0.18% | 6.7% | — | — |
 Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹359 Cr | 0.36% | 6.4% | — | — |
 Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | ₹170 Cr | 0.27% | 6.6% | — | — |
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 months3.15% absolute | ₹60,000 | ₹61,890 | 3.15% | |
| 1 year6.06% annualised | ₹1,20,000 | ₹1,24,013 | 3.34% | |
| 3 years6.82% annualised | ₹3,60,000 | ₹4,00,487 | 11.25% | |
| 5 years6.14% annualised | ₹6,00,000 | ₹7,03,799 | 17.30% |
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 ₹2,923.15 as on 9 Nov 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 6.2% over 1 year, 6.5% 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 46 schemes with ₹1,65,375 Cr under management.