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News Invesco Mutual Fund launches Invesco India Technology Fund
Sep 3, 2024
Mutual Fund
Invesco Mutual Fund launches Invesco India Technology Fund
NFO period: 03rd September - 17th September, 2024
Highlights of the NFO:
- Scheme type - An open ended equity scheme investing in technology and technology related sectors
- Investment objective - To generate capital appreciation by investing in equity and equity related instruments of companies in the technology and technology related sectors, companies focused on driving transformative innovations across technology, automation, robotics, artificial intelligence, cloud computing and other technology companies including those benefitting from the increased digital adoption. There is no assurance that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking capital appreciation over long term by investing predominantly in equity and equity-related instruments of companies engaged in the technology and technology related sectors.
- Minimum Application Amount - First investment is Rs. 1,000/- and in multiple of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal option (‘IDCW’) with Payout of Income Distribution cum Capital Withdrawal option (‘IDCW Payout’) and Reinvestment of Income Distribution cum Capital Withdrawal option (‘IDCW Reinvestment’).
- Fund Managers - Mr. Hiten Jain and Mr. Aditya Khemani
- Benchmark - Nifty IT TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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