MUTUAL FUNDS
Invesco India Asset Mutual Fund files offer document for Nifty Bank Index Fund
Apr-08-2026

Invesco India Asset Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Invesco India Nifty Bank Index Fund'. The New Fund Offer price for units would be Rs 10 each during the NFO. Entry load will be nil. If units are redeemed/switched out on or before 7 days from the date of allotment exit load will be 0.20%; if units are redeemed/switched-out after 7 days from the date of allotment exit load will be Nil; Switch between the Plans under the Scheme exit load will be Nil. The Scheme offers growth Option for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty Bank TRI. The minimum application amount during NFO will be Rs 100 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to be Passive Investments in equity and equity related securities replicating the composition of the Nifty Bank.


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