MUTUAL FUNDS
Invesco MF introduces India ESG Equity Fund
Feb-26-2021

Invesco Mutual Fund (MF) has launched the Invesco India ESG Equity Fund, an open-ended equity scheme investing in companies following Environmental, Social and Governance (ESG) theme. The NFO opens for subscription on February 26, 2021 and closes on March 12, 2021. The Entry load will be nil. Exit load will be as follows: If units are redeemed / switched out within 1 year from the date of allotment: if upto 10% of units allotted are redeemed/switched out-nil and any redemption / switch-out of units in excess of 10% of units allotted-exit load will be 1%. If units are redeemed/switched out after 1 year from the date of allotment, no exit load is payable. In case of each purchase of units through Dividend Transfer Plan (DTP): an exit load of 1% is payable if units are redeemed/ switched-out on or before 1 year from the date of allotment and no exit load is payable if units are redeemed/ switched-out after 1 year from the date of allotment. The minimum subscription amount is Rs 1,000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against the performance to NIFTY100 Enhanced ESG TRI and Taher Badshah and Amit Nigam will be the fund managers of the scheme.

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of Equity and Equity Related Instruments of companies which are selected based on Environmental, Social and Governance (ESG) criteria as defined by our proprietary investment framework.


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