Invesco Mutual Fund launches Invesco India Medium Duration Fund

NFO period: 29^th June – 13^th July, 2021

Highlights of the NFO:

• Scheme type – An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years


• Investment objective – To generate income by investing in a portfolio of Debt and Money Market Instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.


• Product suitability – The product is suitable for investors who are seeking income over medium term by investing predominantly in debt and money market instruments with portfolio Macaulay Duration of 3 - 4 years.


• Minimum Application Amount – First investment is Rs. 1,000/- and in multiple of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Payout of Income Distribution cum Capital Withdrawal (‘IDCW’).


• Fund Managers – Mr. Vikas Garg and Mr. Krishna Cheemalapati


• Benchmark – CRISIL Medium Term Debt Index