MUTUAL FUNDS
Invesco MF introduces India Equity Savings Fund
Feb-14-2019

Invesco Mutual Fund (MF) has launched the Invesco India Equity Savings Fund, an open ended scheme. The NFO opens for subscription on February 14, 2019 and closes on February 28, 2019. Entry load will be nil and exit load will be 0.25% if redeemed / switched out on or before 1 month from the date of allotment; and nil if redeemed / switched out after 1 month from the date of allotment applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against NIFTY Equity Savings Index and its fund managers are Taher Badshah, Amit Ganatra and Krishna Cheemalapati.

The investment objective of the scheme is to generate capital appreciation and income by investing in equity and equity related instruments, arbitrage opportunities and fixed income instruments (including debt, government securities and money market instruments).

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