Invesco MF introduces India Fixed Maturity Plan-Series 35-Plan A
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Invesco Mutual Fund (MF) has launched the Invesco India Fixed Maturity Plan-Series 35-Plan A, a Close Ended Debt Scheme with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on February 23, 2022 and closes on February 24, 2022. The Entry load and the 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 would be benchmarked against CRISIL Medium to Long Term Debt 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.
