About:
Invesco Mutual Fund NFO for the Invesco India Focused 20 Equity Fund is open from the 9th of September until the 23rd of September 2020. The fund will invest in up to 20 high quality stocks across categories and will be a blend of growth and value stocks. The stock selection will follow a bottom-up approach. The allocation across categories for the Invesco India Focused 20 Equity Fund is expected to be approx. 50% to 70% in large caps, 30% to 50% in mid caps and 0 to 20% in small caps. The fund will be managed by Mr. Taher Badshah, who has 26 years of experience in Indian equities. He has worked with Motilal Oswal AMC, Kotak Mahindra Investment Advisors, ICICI Pru AMC and Alliance AMC, prior to joining Invesco Mutual Funds as the CIO for equities. Various fund features such as minimum investment amount, exit loads and tax applicability are discussed in the video. This fund is suitable for a long-term investment horizon and high-risk category investors.
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