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
₹3163.51
0.05%
NAV as on 13 Feb 26, 12:00 AM
low to moderate risk
money market
debt
NAV as on 13 Feb 26, 12:00 AM
low to moderate risk
money market
debt
6.99%p.a.
Last 1Y
7.17%p.a.
Last 3Y
5.87%p.a.
Last 5Y
7.24%p.a.
Since Inception
About Invesco India Money Market Fund-Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Invesco India Money Market Fund-Growth scheme from Invesco Asset Management Company Pvt Ltd. It is a Money Market mutual fund scheme that predominantly invests in Money Market stocks of companies. Launched on Aug 2009, Invesco India Money Market Fund-Growth is Money Market fund of its category with 5,861.99 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Money Market funds.
- Invesco India Money Market Fund-Growth delivered 7.0% annual returns during the last year. It has delivered 7.2% average annual returns since the fund was launched.
- Invesco India Money Market Fund-Growth 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
Repo
6.86%
Net Payables
-0.81%
Tamilnadu State SDL 8.27 13/01/2026
0.45%
Karnataka State SDL 8.27 13/01/2026
0.10%
Others Class A2 AIF
0.28%
PNB HOUSING FINANCE LIMITED 365D CP 25SEP25
0.18%
INFINA FINANCE PRIVATE LIMITED 318D CP 22SEP25
0.44%
TATA PROJECTS LIMITED 333D CP 12DEC25
0.87%
ICICI SECURITIES LIMITED 365D CP 16JAN26
1.03%
LIC HOUSING FINANCE LTD 362D CP 21JAN26
2.06%
Fund Managers
- Krishna Venkat Cheemalapati (Jan 2020 - Present)
- Vikas Garg (Dec 2020 - Present)
Key Information
View Scheme Document
Invesco India Money Market Fund-Growth 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-Growth
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-Growth?
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-Growth
- 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
Similar Funds
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3Y Return
ICICI Prudential Money Market-Growth
low to moderate risk | debt
7.5%
HDFC Money Market Fund -Growth
low to moderate risk | debt
7.4%
Tata Money Market Fund -Growth
low to moderate risk | debt
7.4%
Frequently Asked Questions
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