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Invesco Mutual Fund (MF) has launched the Invesco India Flexi Cap Fund (‘IIFCF’), an open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks The NFO opens for subscription on January 24, 2022 and closes on February 07, 2022. The Entry load is nil for the scheme. The Exit load will be nil, if upto 10% of units allotted are redeemed/switched out within 1 year from the date of allotment and 1%, if the units in excess of 10% allotted are redeemed/switched out within 1 year from the date of allotment. No exit load is payable, if units are redeemed/switched out after 1 year from the date of allotment. In case of each purchase of units through IDCW Transfer Plan: an exit load of 1% is payable if units are redeemed/ switched-out on or before 1 year from the date of allotment and no exit load is payable if units are redeemed/ switched-out after 1 year from the date of allotment. The minimum subscription amount is Rs 1,000 per application and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against S&P BSE 500 TRI and its fund managers are Taher Badshah and Amit Nigam.

The investment objective of the scheme is to generate capital appreciation by dynamically investing in a mix of equity and equity related instruments across market capitalization i,e large, mid and small cap stock.