Invesco MF introduces Multi Asset Allocation Fund
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Invesco Mutual Fund has launched Invesco India Multi Asset Allocation Fund, an open-ended scheme investing in Equity, Debt, Gold ETFs / Silver ETFs. The NFO opens for subscription on November 27, 2024 and closes on December 11, 2024. No Entry Load shall be charged for the scheme. The Exit load will be Nil- if upto 10% of Units allotted are redeemed / switched-out within 1 year; 1%- for any redemption / switch-out in excess of 10% of units within one year; Nil- if units are redeemed or switched-out after 1 year; Nil- Switch between the Plans under the Scheme. The minimum subscription amount is Rs 1000 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked at Nifty 200 TRI (60%) + CRISIL 10 year Gilt Index (30%) + Domestic Price of Gold (5%) + Domestic Price of Silver (5%) and its fund managers are Taher Badshah (Asset Allocation & Equities) and Herin Shah (Asset allocation, Equities, Fixed Income & Gold/Silver ETFs).
The investment objective of the scheme is to generate long-term capital appreciation/income from an actively managed portfolio of multiple asset classes.
