Invesco India Short Term Fund - Direct Plan - Growth
To generate steady returns with a moderate risk for investors by investing in a portfolio of short term debt and Money Market Instruments.
- Current NAV₹4,191.33
- Fund Size (AUM)₹ 541 Cr.
- Expense Ratio0.40 %
- 1Y Return+4.13%
- 3Y Return (CAGR)+7.12%
- 5Y Return (CAGR)+6.12%
- Category Rank (3Y)—
- RiskometerModerate Risk
- Min. SIP / Lump sum₹ 1,000 / ₹ 1,000
More figures (11)
- Since Launch (CAGR)+50.02%
- Benchmark—
- Volatility (3Y)1.01 %
- Sharpe Ratio (3Y)0.61
- Beta (3Y)—
- 52-week High / Low₹4,209.49 / ₹4,024.90
- Max Drawdown-2.8 %
- Launched1 Jan 2013
- Lock-inNone
- Portfolio Turnover—
- Fund ManagersVikas Garg, Gaurav Jakhotia
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 6.1% a year.
- Volatility over 3 years was 1.0% a year, with a Sharpe ratio of 0.61.
- Its biggest fall from a peak was 2.8% (6 Mar 2020 to 24 Mar 2020).
- Across all 3-year periods since launch, yearly returns ranged from 4.5% to 407.1% and were positive 100% of the time.
- Expense ratio 0.40%, fund size ₹541 crore.
Pros
AI- Every 3-year period since launch gave a positive return (lowest 4.5% a year).
- Long track record of 13.8 years since 2 Jan 2013.
Cons
AINo standout weaknesses in its record so far.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -0.20% | -0.17% | +0.19% | +2.04% | +3.18% | +4.13% | +6.34% | +7.12% | +6.12% | +6.47% | +6.75% | +50.02% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Short Duration Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +3.18% | +8.19% | +8.20% | +7.13% | +3.43% | +3.45% | +10.43% | +10.19% | +6.36% | +5.53% | +10.23% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.0 | 0.7 | -0.2 | 0.4 | 0.2 | 1.8 | 0.3 | 0.0 | 0.2 | -0.2 | |||
| 2025 | 0.7 | 0.5 | 1.1 | 1.5 | 1.1 | 0.2 | 0.7 | 0.0 | 0.7 | 0.8 | 0.6 | 0.2 | 8.2 |
| 2024 | 0.7 | 0.7 | 0.7 | 0.3 | 0.9 | 0.6 | 0.9 | 0.7 | 0.9 | 0.5 | 0.6 | 0.6 | 8.2 |
| 2023 | 0.5 | 0.2 | 1.0 | 1.0 | 0.7 | 0.3 | 0.5 | 0.5 | 0.4 | 0.3 | 0.7 | 0.9 | 7.1 |
| 2022 | 0.3 | 0.4 | 0.3 | -0.1 | -0.7 | 0.3 | 0.6 | 0.5 | 0.1 | 0.4 | 0.8 | 0.4 | 3.4 |
| 2021 | -0.2 | -0.5 | 0.7 | 0.8 | 0.4 | 0.0 | 0.8 | 0.6 | 0.1 | 0.1 | 0.5 | 0.2 | 3.5 |
| 2020 | 0.9 | 1.2 | 0.4 | 0.3 | 2.1 | 1.7 | 1.2 | -0.4 | 0.3 | 1.3 | 0.9 | 0.3 | 10.4 |
| 2019 | 0.8 | 0.6 | 1.4 | 0.2 | 1.5 | 0.4 | 1.7 | 0.8 | 0.4 | 1.3 | 0.7 | 0.1 | 10.2 |
| 2018 | 0.3 | 0.2 | 1.3 | -0.2 | 0.1 | 0.6 | 0.9 | 0.6 | -0.1 | 0.7 | 1.1 | 0.9 | 6.4 |
| 2017 | 0.7 | -0.3 | 0.6 | 0.3 | 0.8 | 0.9 | 0.9 | 0.6 | 0.2 | 0.5 | 0.2 | -0.1 | 5.5 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 105 of 118 months shown (89%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 1.01% | 0.98% |
| Sharpe ratio ? | 0.61 | -0.39 |
| Sortino ratio ? | 0.91 | -0.53 |
| Maximum drawdown | -0.53% | -1.14% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,22,432 | ₹2,432 | +3.76% |
| 3Y | ₹3,60,000 | ₹3,95,277 | ₹35,277 | +6.16% |
| 5Y | ₹6,00,000 | ₹7,07,628 | ₹1,07,628 | +6.53% |
| 10Y | ₹12,00,000 | ₹16,84,157 | ₹4,84,157 | +6.60% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Short Duration Funds (23)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Aditya Birla Sun Life Short Term FundAditya Birla Sun Life Mutual Fund | ₹55.2045 | — | — | — | — | — | 0.36 | 5,966 | Low to Moderate Risk |
| 2. | Axis Short Term FundAxis Mutual Fund | ₹36.2894 | — | — | — | — | — | 0.40 | 7,425 | Low to Moderate Risk |
| 3. | Bandhan Short Term FundBandhan Mutual Fund | ₹65.9402 | — | — | — | — | — | 0.36 | 8,680 | Moderate Risk |
| 4. | BANK OF INDIA SHORT TERM FUNDBank of India Mutual Fund | ₹31.0330 | — | — | — | — | — | 0.54 | 259 | Moderate Risk |
| 5. | Canara Robeco Short Term FundCanara Robeco Mutual Fund | ₹29.5925 | — | — | — | — | — | 0.36 | 276 | Low to Moderate Risk |
| 6. | DSP Short Term FundDSP Mutual Fund | ₹53.8640 | — | — | — | — | — | 0.37 | 3,416 | Low to Moderate Risk |
| 7. | Franklin India Short Term FundFranklin Templeton Mutual Fund | ₹10.0565 | — | — | — | — | — | — | — | — |
| 8. | Groww Short Term FundGroww Mutual Fund | ₹2,564.72 | — | — | — | — | — | 0.32 | 93 | Low to Moderate Risk |
| 9. | HDFC Short Term FundHDFC Mutual Fund | ₹35.3382 | — | — | — | — | — | 0.40 | 14,219 | Low to Moderate Risk |
| 10. | ICICI Prudential Short Term FundICICI Prudential Mutual Fund | ₹70.6555 | — | — | — | — | — | 0.45 | 18,890 | Low to Moderate Risk |
| 11. | Invesco India Short Term FundInvesco Mutual Fund | ₹4,191.33 | — | — | — | — | — | 0.40 | 541 | Moderate Risk |
| 12. | JioBlackRock Short Term FundJio BlackRock Mutual Fund | ₹1,038.79 | — | — | — | — | — | — | — | — |
| 13. | JM Short Term FundJM Financial Mutual Fund | ₹13.1325 | — | — | — | — | — | 0.39 | 79 | Low to Moderate Risk |
| 14. | Kotak Short Term FundKotak Mahindra Mutual Fund | ₹61.3072 | — | — | — | — | — | 0.39 | 14,241 | Moderate Risk |
| 15. | LIC MF Short Term FundLIC Mutual Fund | ₹16.6591 | — | — | — | — | — | 0.36 | 122 | Low to Moderate Risk |
| 16. | Mahindra Manulife Short Term FundMahindra Manulife Mutual Fund | ₹14.2617 | — | — | — | — | — | 0.33 | 79 | Low to Moderate Risk |
| 17. | Mirae Asset Short Term FundMirae Asset Mutual Fund | ₹17.7588 | — | — | — | — | — | 0.28 | 512 | Low to Moderate Risk |
| 18. | Nippon India Short Term FundNippon India Mutual Fund | ₹61.4880 | — | — | — | — | — | 0.39 | 6,364 | Low to Moderate Risk |
| 19. | SBI SHORT TERM FUNDSBI Mutual Fund | ₹36.4134 | — | — | — | — | — | 0.42 | 13,243 | Low to Moderate Risk |
| 20. | Sundaram Short Term Fund (Formerly Known as Sundaram Short Duration Fund)Sundaram Mutual Fund | ₹51.2953 | — | — | — | — | — | 0.28 | 176 | Low to Moderate Risk |
| 21. | Tata Short Term FundTata Mutual Fund | ₹56.4091 | — | — | — | — | — | 0.37 | 2,912 | Moderate Risk |
| 22. | TRUSTMF Short Term FundTrust Mutual Fund | ₹1,364.28 | — | — | — | — | — | 0.26 | 66 | Low to Moderate Risk |
| 23. | UTI Short Term FundUTI Mutual Fund | ₹36.0058 | — | — | — | — | — | 0.41 | 1,770 | Low to Moderate Risk |
| Median: 23 schemes | — | — | — | — | — | — | 0.37 | 1,770 | — |
Detailed comparison with another fund About Short Duration Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- To generate steady returns with a moderate risk for investors by investing in a portfolio of short term debt and Money Market Instruments.
- Fund managers
- Vikas Garg, Gaurav Jakhotia
- Fund house
- Invesco Mutual Fund
- Category
- Short Duration Funds · Debt
- Plan / option
- Direct · Growth
- AMFI scheme code
- 120560
- ISIN
- INF205K01UH8
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Short Duration Funds
Short Duration Funds hold debt with a Macaulay duration of 1 to 3 years.
Generally used by a horizon of 1–3 years.
Other plans of this scheme
- Invesco India Short Term Fund - Regular Plan - Growth
- Invesco India Short Term Fund - Regular Plan - Growth
- Invesco India Short Term Fund - Direct Plan - Daily IDCW
- Invesco India Short Term Fund - Direct Plan - Discretionary IDCW
- Invesco India Short Term Fund - Direct Plan - Monthly IDCW
- Invesco India Short Term Fund - Direct Plan - Weekly IDCW
- Invesco India Short Term Fund - Regular Plan - Daily IDCW
- Invesco India Short Term Fund - Regular Plan - Discretionary IDCW
Tax on your gains
Tax treatment depends on what the fund holds: equity-oriented if at least 65% is in Indian shares (directly or through equity funds), debt-oriented if over 65% is in debt, otherwise the "other" rules.
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: Invesco Mutual Fund
- Invesco AMC announces Temporary Restriction on Subscriptions in Gold ETF FOFInvestment Guru India · 19 h ago
- Invesco India Nifty India Defence Index Fund - Direct Plan PortfolioThe Economic Times · Yesterday
- NFO Alert: Invesco Mutual Fund’s SummitSIF launches active asset allocator long-short fundThe Economic Times · 12 Oct
- Invesco MF’s Summit SIF launches long-short fund: Key detailsCNBC TV18 · 12 Oct
- Invesco India Short Term Fund Regular-Discretionary IDCWThe Economic Times · 9 Oct
- Suspension of fresh subscriptions in international schemes of Invesco Mutual FundValue Research · 5 Oct
- Invesco Mutual Fund has resumed subscriptions in its international schemeValue Research · 21 Sep
- Invesco MF reopens 3 international FoFs for investments: ₹10 lakh daily limit, SIP & STP rules investors must knowLivemint · 20 Sep
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
What is the NAV of Invesco India Short Term Fund today?
What returns has Invesco India Short Term Fund given?
What is the expense ratio of Invesco India Short Term Fund?
How risky is this fund?
What is the difference between Direct and Regular plans?
What are Short Duration Funds?
How are gains from Invesco India Short Term Fund taxed?
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