MonitorDirect · GrowthWatch before adding
Invesco India Money Market Fund
Invesco Mutual FundIncome/Debt Oriented Schemes - Money Market Fund13.8 years
- NAV
- 3,423.8808
- 29 Oct 2026
- 1Y
- +6.3%
- Trailing CAGR
- AUM
- ₹5,480.73 Cr
- 30 Sept 2026
- Volatility
- n/a
- History still thin
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Watch if · Risk metrics are withheld because the NAV history contains an implausible daily move above 50%.
Prefer peers if · Prefer Bajaj Finserv Money Market Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.16% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.9%. Ask whether you can hold through a similar fall.
Vs category
Fail
31% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 31.5% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.3%
- 3Y+7.2%
- 5Y+6.5%
- 10Y+6.5%
- SI+49.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.4%
- 3Y+6.9%
- 5Y+6.9%
- 10Y+6.4%
- Since inception
- +49.7%
- Calendar-day CAGR
- Excess 1Y
- -0.0%
- Category median, same plan and option
- 3Y win rate
- +31%
- Windows beating the median
- 3Y percentile
- 11
- Vs comparable share classes
- SIP 3Y XIRR
- +6.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.6%
- 2619 daily-ending windows
- Median rolling 3Y
- +7.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2136 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.9%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +7%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 77 recovered episodes
- Longest recovery
- 47 days
- Trough to prior peak
11 Mar 2020 – 27 Mar 2020
Trough 24 Mar 2020 · recovered in 3 days
-0.9%
2 May 2022 – 29 Jun 2022
Trough 13 May 2022 · recovered in 47 days
-0.5%
23 Apr 2020 – 5 May 2020
Trough 28 Apr 2020 · recovered in 7 days
-0.2%
15 Jul 2013 – 22 Jul 2013
Trough 16 Jul 2013 · recovered in 6 days
-0.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
11
Vs category
50
Consistency
38
Risk-adjusted
n/a
Drawdown
98
Mean
49
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Risk metrics are withheld because the NAV history contains an implausible daily move above 50%.
Portfolio
30 Sept 2026 · 70 holdings · top 10 are 31.5%.
- Top 5
- 18.6%
- Top 10
- 31.5%
- Largest holding
- 5.3%
- Effective holdings
- 50.1
Repo
Unspecified
5.3%
Small Industries Dev Bank of India (18/02/2027) **
Financial
3.5%
JIO Credit Limited **
Financial
3.5%
ICICI BANK LIMITED CD 12FEB27
Financial
3.1%
ICICI BANK LIMITED CD 08MAR27
Financial
3.1%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Bajaj Finserv Money Market Fund
Bajaj Finserv Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.3%
- Vol
- 0.5%
- Max DD
- -0.1%
- Sharpe
- 3.26
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Kotak Money Market Fund
Kotak Mahindra Mutual Fund
- 1Y
- +6.4%
- 3Y
- +7.3%
- Vol
- n/a
- Max DD
- -0.8%
- Sharpe
- n/a
- 3Y win
- +37%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Aditya Birla Sun Life Money Market Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +6.4%
- 3Y
- +7.3%
- Vol
- 0.5%
- Max DD
- -1.4%
- Sharpe
- 1.59
- 3Y win
- +76%
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
Axis Money Market Fund
Axis Mutual Fund
- 1Y
- +6.4%
- 3Y
- +7.4%
- Vol
- 0.6%
- Max DD
- -1.2%
- Sharpe
- 0.85
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
HSBC Money Market Fund
HSBC Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.2%
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- 3.27
- 3Y win
- +0%
- Shallower drawdown
- Lower TER
- Higher trailing returns