2026-07-28 05:28:35 pm | Source: Accord Fintech
Invesco MF introduces India Nifty Bank ETF
Invesco Mutual Fund has launched Invesco India Nifty Bank ETF, an open ended scheme replicating/ tracking Nifty Bank Index. The NFO opens for subscription on July 28, 2026 and closes on August 11, 2026. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 per application and in multiples of Re. 1 thereafter.
The performance of the Scheme will be benchmarked against Nifty Bank TRI and its fund manager is Abhisek Bahinipati.
The investment objective of the scheme is to passive investments in equity and equity related securities replicating the composition of the Nifty Bank Index, subject to tracking errors.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
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