10-12-2022 10:58 AM | Source: Accord Fintech
Invesco MF introduces India FMP- Series 35 - Plan C
News By Tags | #1242 #7262 #392

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

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.