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  5. Invesco India files draft for Nifty Chemical Index Fund; check details

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Invesco India files draft for Nifty Chemical Index Fund; check details

Roshni Agarwal
By Roshni Agarwal

2 min read | Updated on July 16, 2026, 16:04 IST

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SUMMARY

The scheme aims to make passive investment in equity and equity related securities replicating the composition of the Nifty Chemical Index.

Invesco Nifty Chemical Index Fund

An open-ended equity scheme tracking the Nifty Chemical Index. | Image: Shutterstock.

Invesco Mutual Fund filed the draft papers for its Invesco India Nifty Chemical Index Fund with the Securities and Exchange Board of India (SEBI) on July 10, 2026.

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The New Fund Offer (NFO) date is yet to be announced. The NFO will be kept open for minimum 3 working days and will not be kept open for more than 15 days, the draft said.

Invesco India Nifty Chemical Index Fund: Key details
Basic information Name of the scheme: Invesco India Nifty Chemical Index Fund Category: Index Fund Type: An open-ended equity scheme tracking the Nifty Chemical Index. Face value: ₹10 per unit (during NFO)
Objective The scheme aims to make passive investment in equity and equity related securities replicating the composition of the Nifty Chemical Index, subject to tracking error.
Benchmark The benchmark for the scheme is the Nifty Chemical Index Total Return Index (TRI).
Asset allocation 95-100% will be invested into securities constituting the Nifty Chemical Index 0-5% in money market and other liquid instruments
Fund managers Abhisek Bahinipati Head of Passive Investments at Invesco Mutual Fund with an experience of over 19 years.
Exit load Exit Load is an amount which is paid by the investor to redeem the units from the scheme. Currently, the scheme charges no exit load.
Minimum Investment During NFO: ₹100 per application and in multiples of ₹1 thereafter Additional purchase: ₹1,00 per application and in multiples of ₹1 thereafter SIP: Based on the frequency of SIP investment (allowed frequency: daily, weekly, monthly, quarterly), the minimum SIP amount ranges from ₹20-₹300. STP/SWP: In case of fixed STP, based on the frequency, minimum investment is from ₹1000-₹1500.
NFO details NFO period: Not announced yet Price during NFO: ₹10 per unit The fund carries a "very high"risk according to the scheme’s riskometer and may be suitable for investors who seek long-term capital appreciation through equity exposure.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Investors should do their own research or consult a registered financial advisor before making investment decisions.

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About The Author

Roshni Agarwal
Roshni Agarwal is a business writer with over 10 years of experience covering markets, commodities and personal finance. At Upstox, she writes on personal finance, breaking down complex financial concepts into clear and understandable content.

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