Invesco Mutual Fund

Invesco Mutual Fund unveils Invesco India Medium Duration Fund

Invesco Mutual Fund unveils Invesco India Medium Duration Fund

NFO Opens: 29thJune2021; Closes: 13thJuly2021 Mumbai (Maharashtra) [India,] June 29:  Invesco Mutual Fund announces the launch of its new fund Invesco India Medium Duration Fund - An open-ended medium-term debt scheme investing in instruments such that the Macaulayduration^ of the portfolio is between 3 years and 4 years. Invesco India Medium Duration Fund seeks to generate income by investing in a portfolio of debt and money market securities. The fund would be constructed following a detailed assessment of liquidity, interest rate view, and credit environment. Over 75% - 85% of exposure will be to ‘AAA’ rated Corporate and Government Securities…
Read More