NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹1000.96
0.03%
NAV as on 16 Jan 25, 12:00 AM
low to moderate risk
money market
debt
NAV as on 16 Jan 25, 12:00 AM
low to moderate risk
money market
debt
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
0.09%p.a.
Since Inception
About Invesco India Money Market Fund Weekly Reinvestment of Income Distr cum Capital Wtdrwl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Invesco India Money Market Fund Weekly Reinvestment of Income Distr cum Capital Wtdrwl scheme from Invesco Asset Management (India) Private Ltd. It is a Money Market mutual fund scheme that predominantly invests in Money Market stocks of companies. Launched on Apr 2024, Invesco India Money Market Fund Weekly Reinvestment of Income Distr cum Capital Wtdrwl is Money Market fund of its category with 5,450.61 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Money Market funds.
- Invesco India Money Market Fund Weekly Reinvestment of Income Distr cum Capital Wtdrwl delivered 0.0% annual returns during the last year. It has delivered 0.1% average annual returns since the fund was launched.
- Invesco India Money Market Fund Weekly Reinvestment of Income Distr cum Capital Wtdrwl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
To generate superior risk-adjusted returns by investing in Money Market Instruments.
Top 10 Holdings
HDFC Bank Ltd.
3.47%
364 DTB
3.13%
364 DTB 06032025
2.80%
182 DTB 15052025
2.68%
ICICI Bank Ltd.
1.72%
07.38% MP Sdl 2025
1.38%
182 DTB 20022025
1.36%
182 DTB 18102024
1.36%
364 DTB 18042025
0.90%
Cd - Union Bank Of India - 02/04/25
0.90%
Fund Managers
- Krishna Cheemalapati (Jan 2020 - Present)
- Vikas Garg (Dec 2020 - Present)
Key Information
View Scheme Document
Invesco India Money Market Fund Weekly Reinvestment of Income Distr cum Capital Wtdrwl SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Invesco India Money Market Fund Weekly Reinvestment of Income Distr cum Capital Wtdrwl
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Invesco India Money Market Fund Weekly Reinvestment of Income Distr cum Capital Wtdrwl?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Invesco India Money Market Fund Weekly Reinvestment of Income Distr cum Capital Wtdrwl
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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