Invesco India Focused 20

Invesco India Focused 20 Equity Fund NFO Details

Invesco India Focused 20 Equity Fund NFO Subscription Period From 9th September To 23rd September 2020:

Invesco Mutual Fund to launch its new fund offer, namely, Invesco India Focused 20 Equity Fund. So then, this fund comes as an open-ended scheme. Also, it would invest in a maximum of 20 stocks. Besides, the NFO subscription period started on 9th September 2020 and it will be close on 23rd September 2020.

NFO Details:

Fund Name  Invesco Mutual Fund
Fund House Invesco India Focused 20 Equity Fund
NFO Period 9th September To 23rd September 2020
Benchmark S&P BSE 500 TRI

The Mirae Asset MF NFO offered the initial price of Rs. 10 per unit in the subscription period. Moreover, the face value of the mutual fund is Rs. 10 per each unit. The benchmark of this NFO is the S&P BSE 500 TRI.

Exit Load and Exit Load:

There was nil entry load for this NFO. Similarly, nil exit loads applicable to this new fund offer. Similarly, the exit loads, nill for redeemed or switched out within 10%. For redeemed or switched of units in excess 10% of units allotted 1% NAV applicable.

Invesco India Focused 20 Equity Fund Minimum Investment Amount:

Significantly, as per the draft prospectus, the minimum investment for the initial purchase stood as Rs. 1,000 and in multiples of ₹ 1 thereafter. Also, for additional purchases, the minimum amount would remain Rs. 1,000 and in multiples of ₹ 1 thereafter. Furthermore, the minimum target amount of the scheme is Rs. 10 Cr.

Objects of the NFO:

The investment objective of the scheme plans to generate long term capital appreciation through investing in a maximum of 20 stocks across market capitalization. As well as, the investor needs to know the fund has been introduced with the moderately high-risk principle. It schemes available in both direct and regular plans. 

Allocation Pattern:

Instruments Allocation (% of the total assets) Risk Profile
Equity & Equity Related Instruments 65% to 100% High
Debt & Money Market Instruments 0% to 35% Low to Medium
Units issued by REITs and InvITs 0% to 10% Medium to High

Disclaimer: This article offers just information regarding the scheme. It does not provide any advice or investment tips to investors. MF investments are fixed to market risk. Please consult your financial advisor before investing.

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