Invesco Mutual Fund files offer document for Nifty IT ETF
Invesco Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named 'Invesco India Nifty IT ETF'. No entry load and exit load will be applicable for the scheme. The Scheme seeks to collect a Minimum Target Amount of Rs 5 crore.
The performance will be benchmarked against Nifty IT TRI. The minimum application amount will be Rs 5,000 per application and in multiples of Re 1 thereafter.
The investment objective of the scheme is to generate passive investments in equity and equity related securities replicating the composition of Nifty IT Index, subject to tracking errors.
Invesco Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named 'Invesco India Nifty IT ETF'. No entry load and exit load will be applicable for the scheme. The Scheme seeks to collect a Minimum Target Amount of Rs 5 crore.
The performance will be benchmarked against Nifty IT TRI. The minimum application amount will be Rs 5,000 per application and in multiples of Re 1 thereafter.
The investment objective of the scheme is to generate passive investments in equity and equity related securities replicating the composition of Nifty IT Index, subject to tracking errors.
