SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • NFO News Invesco Mutual Fund launches Invesco India Equity & Bond Fund

    Invesco Mutual Fund launches Invesco India Equity & Bond Fund

    The NFO will be open for subscription from June 11, 2018 to June 25, 2018.
    Team Cafemutual Jun 12, 2018

    Invesco Mutual Fund has launched its new fund - Invesco India Equity & Bond Fund, an open ended hybrid equity scheme.

    The fund seeks to generate capital appreciation and current income by investing both in equity and debt securities. While the scheme can invest up to 80% in equity instruments across market capitalization, it can take exposure of up to 35% in debt securities. The fund manager will adopt both bottom-up and top-down approach to select stocks and will combine both growth and value buys with an aim to generate consistent outcomes. The fixed income portfolio will prefer the highest rated (AAA) debt securities. 

    In a press release, Saurabh Nanavati, Chief Executive Officer, Invesco Mutual Fund said, “Equity is one of the few asset classes known for its potential for wealth creation over long term. However, as we know equities can be volatile. On the other hand, investments in bonds which offer stable income can act as a shield to cushion the performance in periods of volatility in equity markets."   

    Taher Badshah and Amit Ganatra will manage the equity component while Krishna Cheemalapati will manage the fixed income portion.

    The NFO will be open for subscription from June 11, 2018 to June 25, 2018.

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.