September 10, 2020

Invesco India Focused 20 Equity Fund: NFO closes on 23 September 2020

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Launching on 9 September, the Invesco India Focused 20 Equity Fund is an open-ended mutual fund that invests its capital in equity and equity-related instruments. The scheme aims to invest in a maximum of 20 stocks across market capitalization. That is, it will invest in every size of stock: small-cap, mid-cap, and large-cap stocks.

Click here to invest in the Invesco India Focused 20 Equity Fund

Here are its details of the NFO:

Investment objective
The fund is built with the objective to generate alpha (returns in excess of market performance) from a concentrated portfolio, albeit at a higher risk. Its portfolio will comprise growth (high-growth companies) and value stocks (companies demonstrating higher growth prospects but available at reasonable valuations).

Asset allocation
A large part of the portfolio will be invested in large-cap stocks (50–70%). Mid-cap stocks will be allocated 30–50%, while small-cap stocks will constitute up to 20% of the portfolio. This constitution may vary over time.

*Instruments*	*Indicative allocation (% of net assets)*		*Risk profile: High/medium/low*
*Instruments*	Minimum	Maximum	*Risk profile: High/medium/low*
Equity & equity-related instruments	65	100	High
Debt & money market Instruments	0	35	Low to medium
Units issued by REITs and InvITs	0	10	Medium to high

Scheme details

*Name*	Invesco India Focused 20 Equity Fund
*Type*	Open-ended equity scheme
*Category*	Multi-cap mutual fund
*Investment objective*	To generate capital appreciation by investing in upto 20 stocks across market capitalization
*Benchmark*	S&P BSE 500 TRI
*Entry/Exit load*	Entry load: Nil Exit load: Nil if upto 10% of units allotted are redeemed / switched out within 1 year from the date of allotment. 1% - for any redemption / switch out in excess of 10% of units allotted within one year from the date of allotment. Nil - if units are redeemed or switched out after 1 year from the date of allotment. Switch between the plans under the scheme: Nil
*Fund manager*	Mr. Taher Badshah
*Options*	Growth and Dividend
*Plans*	Regular and Direct
*Minimum application amount (during NFO)*	Lumpsum: Rs.1,000 and in multiples of Re.1 thereafter

Systematic Investment Plan (SIP)

*Frequency*
*Monthly*	Rs. 500 and multiples of Re. 1 thereafter for 12 months
*Monthly*	Rs. 1,000 and multiples of Re. 1 thereafter for six months
*Quarterly*	Rs 1,500 and multiples of Re. 1 for four quarters.

Investment Philosophy

The unprecedented challenges and high stock market volatility we face now call for a greater focus on stock selection.
With the current economic disruption and uncertainty looming high over equity markets, we feel that extraordinary vigil and meticulous approach is the need of the hour to build a sound portfolio.

This product is suitable for investors who seek:*

Riskometer

Capital appreciation over the long term

Investment in equity and equity-related instruments across market capitalisation.

Investors understand that their principal will be at High risk.

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Note: The above information has been sourced from the Scheme Information Document provided by Invesco Asset Management (India) Private Limited. To read the entire document, click here.

Disclaimer

RKSV Securities India Private Limited (ARN/Distributor - 107930; brand name Upstox) is the distributor of the mutual fund. Please consult your investment advisor before investing. Mutual fund investments are subject to market risks, read all scheme related documents carefully.