MUTUAL FUNDS
Invesco Mutual Fund files offer document for India Fixed Maturity Plan -Series 30 - Plan A to D
Aug-22-2017

Invesco Mutual Fund has filed offer document with SEBI to launch a close - ended debt scheme as Invesco India Fixed Maturity Plan -Series 30 - Plan A to D”. The New Fund Offer price is Rs 10 per unit. Entry load and Exit Load will be nil for the scheme. The scheme offers Growth and Dividend Payout option and seeks to collect a Minimum Target Amount of Rs 20 Crores.

The scheme will be benchmarked against CRISIL Liquid Fund Index for plans having maturity up to 3 months / 91 days, CRISIL Short-Term Bond Fund Index for plans having maturity of more than 3 months / 91 days and up to 36 months, and CRISIL Composite Bond Fund Index for plans having maturity of more than 36 months. The minimum application amount is Rs 5,000 per application and in multiples of Rs 10 thereafter.

The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing on or before the date of maturity of the Scheme.

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