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Published on 12/10/2022 10:58:12 AM | Source: Accord Fintech

Invesco MF introduces India FMP- Series 35 - Plan C

Posted in Mutual Fund Analysis| #Mutual Fund #Crisil #Invesco Mutual Fund

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Invesco Mutual Fund (MF) has launched Invesco India Fixed Maturity Plan - Series 35 - Plan C, a Close-Ended Debt Scheme with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on October 12, 2022 and closes on October 18, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 1,000 per application and in multiples of Rs 10 thereafter.

The performance of the scheme will be benchmarked to the performance of CRISIL AAA Medium Term Bond Index and its fund manager is Krishna Cheemalapati.

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.