Invesco MF launches BSE Sensex ETF and Nifty Bank ETF; NFO open till August 11

Invesco Mutual Fund has announced the launch of the Invesco India BSE Sensex ETF and Invesco India Nifty Bank ETF, two open-ended exchange-traded funds (ETFs).

The new fund offers (NFOs) open for subscription on July 28, 2026, and will close on August 11, 2026. The minimum investment amount during the NFO period is ₹5,000, with investments thereafter allowed in multiples of ₹1.

Invesco India BSE Sensex ETF

The Invesco India BSE Sensex ETF will make passive investments in equity and equity-related securities replicating the composition of the BSE Sensex Index, subject to tracking errors.

The fund house said the ETF will invest in the constituent companies of the BSE Sensex in the same weightages as the index, with an endeavour to keep tracking error as low as possible

Invesco India Nifty Bank ETF

The Invesco India Nifty Bank ETF will similarly make passive investments in equity and equity-related securities replicating the Nifty Bank Index, subject to tracking errors. The index comprises leading private and public sector banks, offering investors focused exposure to the banking sector while maintaining diversification across established banking franchises. The scheme will also invest in the index constituents in the same weights as the benchmark, with a focus on maintaining low tracking error.

Like the Sensex ETF, the scheme will invest in the same securities and weightages as the benchmark index, subject to tracking errors.

Key features of the two ETF NFOs

According to the fund house, India's favourable macroeconomic environment continues to support long-term wealth creation. It cited strong domestic consumption, demographic advantages, policy reforms and deepening financial markets as factors supporting India's long-term growth story.

The asset manager said the two ETFs are designed to provide investors with transparent and cost-efficient access to these opportunities through passive investing.

Both ETFs will be managed by Abhisek Bahinipati. The minimum investment during the NFO period is ₹5,000, with investments thereafter allowed in multiples of ₹1. The NFOs close on August 11, 2026.