MUTUAL FUNDS
Invesco MF introduces India Nifty Bank Index Fund
Apr-23-2026

Invesco Mutual Fund has launched Invesco India Nifty Bank Index Fund, an open-ended scheme replicating/ tracking Nifty Bank Index. The NFO opens for subscription on April 23, 2026 and closes on May 07, 2026. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 100 per application and in multiples of Re 1 thereafter.

The performance of the Scheme will be benchmarked against Nifty Bank TRI and its fund manager is Abhisek Bahinipati.

The investment objective of the scheme is to passive investments in equity and equity related securities replicating the composition of the Nifty Bank Index, subject to tracking errors.

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