Invesco Mutual Fund Introduces New Fixed Maturity Scheme Invesco Mutual Fund has introduced its new close ended debt scheme called Invesco India Fixed Maturity Plan Series 32 Plan C. The New Fund Offer (NFO) which has started from July 20, 2018 will last till July 23, 2018. The investment objective of the new Invesco India Fixed Maturity Plan is to generate income by investing in a portfolio of debt and money market securities maturing on or before the maturity of the scheme. However, the scheme does not provide any assurance or guarantee for any returns or for accomplishment of the objective. The minimum application amount of the Invesco India Fixed Maturity Plan Series 32 Plan C is 5,000 Rupees for the first investment and in multiples of 10 Rupees thereafter. The maturity period of the new close ended debt scheme is 1099 days from the date of allotment. The Invesco Mutual Fund provides Regular Sub-Plan and Direct Sub-Plan with Growth Option and Dividend Payout Option. The performance of the new close ended debt scheme of Invesco MF comes under CRISIL Composite Bond Fund Index. The Invesco Asset Management Company has appointed Mr. Nitish Sikand as the Fund Manager of the Invesco India Fixed Maturity Plan Series 32 Plan C scheme. Sikand joined Invesco Asset Management Company in April 2007. Besides being a Fund Manager at the, Sikand is a part of firm’s Fixed Income team. He has over 14 years of extensive experience in product development and fixed income. Prior to joining Invesco, he worked as a product manager in the International Private Banking Division of ICICI Bank Limited, as a fixed income analyst at JM Financial Asset Management, and as a relationship manager at Citicorp Maruti Finance Limited. He has completed Commerce degree and MBA (Finance). The new Invesco Mutual Fund close ended debt scheme is an apt fit for investors who are seeking to generate income over the term of the scheme by investing in money market securities and debt instruments, reported Advisorkhoj. The post Invesco Mutual Fund Introduces New Fixed Maturity Scheme appeared first on OWLT Market.

Invesco Mutual Fund has introduced its new close ended debt scheme called Invesco India Fixed Maturity Plan Series 32 Plan C. The New Fund Offer (NFO) which has started from July 20, 2018 will last till July 23, 2018.

The investment objective of the new Invesco India Fixed Maturity Plan is to generate income by investing in a portfolio of debt and money market securities maturing on or before the maturity of the scheme. However, the scheme does not provide any assurance or guarantee for any returns or for accomplishment of the objective.

The minimum application amount of the Invesco India Fixed Maturity Plan Series 32 Plan C is 5,000 Rupees for the first investment and in multiples of 10 Rupees thereafter. The maturity period of the new close ended debt scheme is 1099 days from the date of allotment.

The Invesco Mutual Fund provides Regular Sub-Plan and Direct Sub-Plan with Growth Option and Dividend Payout Option.

The performance of the new close ended debt scheme of Invesco MF comes under CRISIL Composite Bond Fund Index.

The Invesco Asset Management Company has appointed Mr. Nitish Sikand as the Fund Manager of the Invesco India Fixed Maturity Plan Series 32 Plan C scheme.

Sikand joined Invesco Asset Management Company in April 2007. Besides being a Fund Manager at the, Sikand is a part of firm’s Fixed Income team. He has over 14 years of extensive experience in product development and fixed income.

Prior to joining Invesco, he worked as a product manager in the International Private Banking Division of ICICI Bank Limited, as a fixed income analyst at JM Financial Asset Management, and as a relationship manager at Citicorp Maruti Finance Limited. He has completed Commerce degree and MBA (Finance).

The new Invesco Mutual Fund close ended debt scheme is an apt fit for investors who are seeking to generate income over the term of the scheme by investing in money market securities and debt instruments, reported Advisorkhoj.

The post Invesco Mutual Fund Introduces New Fixed Maturity Scheme appeared first on OWLT Market.

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