MUTUAL FUNDS
Invesco Asset Management (India) announces Temporary Suspension of Subscription
Mar-28-2024

Invesco Mutual Fund has informed that pursuant to SEBI communication to AMFI dated March 19, 2024 and AMFI email dated March 20, 2024, lumpsum purchases, switch-ins and fresh registration for Systematic Investment Plan (‘SIP’), Systematic Transfer Plan (‘STP’) and IDCW Transfer Plan are temporarily suspended in Invesco India - Invesco EQQQ NASDAQ-100 ETF Fund of Fund (‘the Scheme’) with effect from April 1, 2024, in order to avoid breach of industry-wide limits for investment in overseas ETFs.

The suspension as mentioned above will also be applicable to instalments of existing SIP, STP and IDCW Transfer Plan already registered in the Scheme as on March 31, 2024. It is clarified that while the existing SIPs / STPs / IDCW Transfer Plan will be suspended temporarily, however those SIPs / STPs / IDCW Transfer Plan, would remain active in the system and shall be reactivated in case any further communication is received from SEBI / AMFI in this regard.

The aforesaid temporary suspension is not applicable to switch-out, redemptions, switch between Plans /Option of the Scheme, registration of fresh systematic withdrawal plan and processing instalments of systematic withdrawal plan already registered as on March 31, 2024. The aforesaid suspension will continue till the further communication is received from SEBI / AMFI and notice to that effect is issued by Invesco Asset Management (India) (IAMI) in this regard.

All other terms & conditions of the Scheme Information Documents (‘SID’) and Key Information Memorandums (‘KIM’) of the Scheme will remain unchanged. This notice cum addendum forms an integral part of the SID / KIM of the Scheme, as amended from time to time.


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