Invesco India Mutual Fund files offer document for Nifty Metal Index Fund

2026-07-21 05:19:20 pm | Source: Accord Fintech

Invesco India Mutual Fund files offer document for Nifty Metal Index Fund

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Invesco India Mutual Fund has filed offer document with SEBI to launch an open ended scheme named ‘Invesco India Nifty Metal Index Fund'. The New Fund Offer price will be Rs 10 during the NFO. Entry load and Exit load will be nil. The Scheme offers Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Options for investment, and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty MetalIndex TRI. The minimum application will be Rs 100 and in multiples thereof Re 1 thereafter.

The investment objective of the scheme is as passive investment in equity and equity related securities replicating the composition of the Nifty Metal Index.

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Invesco India Mutual Fund files offer document for Nifty Metal Index Fund

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