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2025-04-01 03:12:56 pm | Source: Accord Fintech
Invesco AsseManagement (India) announces Change in Fund Management Responsibilities and Key Personnel
Invesco AsseManagement (India) announces Change in Fund Management Responsibilities and Key Personnel

Invesco Asset Management (India) (AMC) has announced changes to Scheme Information Document(s) (‘SIDs’) and Key Information Memorandum(s) (‘KIMs’) of the Schemes of Invesco Mutual Fund, as applicable and Statement of Additional Information (‘SAI’) of the Fund.

Invesco Mutual Fund has informed that, 1) Rohit Goyal, Head - Institutional Sales is also appointed as Head - Retail Sales of Invesco Asset Management (India) (‘IAMI’) with effect from April 2, 2025. Accordingly, Rohit Goyal’s new designation will be Head - Retail & Institutional Sales. 2) Gaurav Jakhotia, Dealer - Fixed Income is re-designated as Fund Manager & Dealer - Fixed Income with effect from April 1, 2025. 3) Prateek Jain, Dealer & Fund Manager - Fixed Income is re-designated as Fund Manager & Dealer - Fixed Income with effect from April 1, 2025.

Accordingly, the details of changes in fund management responsibilities are as follows: 

The Fund Manager(s) of Invesco India Short Duration Fund stand revised from Existing ‘Vikas Garg & Krishna Cheemalapati’ to ‘Vikas Garg & Gaurav Jakhotia (New Fund Managers). The Fund Manager(s) of Invesco India Nifty G-sec Jul 2027 Index Fund & Invesco India Nifty G-sec Jul 2032 Index Fund stand revised from Existing ‘Krishna Cheemalapati & Vikas Garg’ to ‘Krishna Cheemalapati & Gaurav Jakhotia (New Fund Managers). The New Fund Manager(s) of Invesco India Liquid Fund & Invesco India Overnight Fund are ‘Krishna Cheemalapati & Prateek Jain’. 

Therefore, the write up of Fund Manager(s) will be revised in the SIDs of the above-mentioned Schemes to reflect the changes in Fund Managers as mentioned in the table above, as applicable. The above changes in fund management responsibilities will be effective from April 1, 2025.

Furthermore, Sandhir Sharma, Head - Retail Sales has resigned from the services of IAMI and will cease to be the Key Personnel and employee of IAMI with effect from close of business hours on April 1, 2025. 

Pursuant to above changes, necessary changes will be carried out at relevant places in SIDs and KIMs of the Schemes of the Fund, as applicable and SAI of the Fund. 

All other terms & conditions of the SIDs & KIMs of the Schemes of the Fund and SAI of the Fund will remain unchanged. This addendum forms an integral part of the SIDs and KIMs of the Schemes of the Fund and SAI of the Fund, as amended from time to time.

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