2026-07-10 05:55:42 pm | Source: Accord Fintech
Invesco India Mutual Fund files offer document for Nifty Chemical Index Fund
Invesco India Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Invesco India Nifty Chemical Index Fund’. The New Fund Offer price for units would be Rs 10 per unit during the NFO. Entry load and Exit load will be nil. The Scheme offers growth and IDCW options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.
The performance will be benchmarked against Nifty Chemical Index TRI. The minimum application amount during NFO will be Rs 100 and in multiples of Re 1 thereafter.
The investment objective of the scheme is passive investment in equity and equity related securities replicating the composition of the Nifty Chemical Index.
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