Invesco Mutual Fund launches Invesco India Medium Duration Fund

Mutual Fund
Jun 29, 2021 by Advisorkhoj Team | Mutual Fund | 6 Downloaded

NFO period: 29th June – 13th 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

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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