Invesco Mutual Fund unveils Invesco India BSE Sensex Index Fund and Invesco India Nifty Bank Index Fund

The schemes are designed to offer investors passive investment options across India’s core equity and banking sectors.

Invesco India BSE Sensex Index Fund

The Invesco India BSE Sensex Index Fund will invest in equity and equity-related securities replicating the composition of the BSE Sensex Index, subject to tracking error.

The BSE Sensex, one of India’s most widely tracked equity benchmarks, represents 30 of the country’s largest, profitable and industry-leading companies across key sectors of the economy.

With a long performance history, the index has remained closely aligned with India’s long-term economic growth, offering investors a simple, transparent and cost-efficient route to equity market participation.

The scheme will invest in constituents of the BSE Sensex Index in the same weightage as the index, with an effort to keep tracking error as low as possible.

Invesco India Nifty Bank Index Fund

The Invesco India Nifty Bank Index Fund will invest in equity and equity-related securities replicating the composition of the Nifty Bank Index, subject to tracking error.

The Nifty Bank Index includes India’s leading banking institutions across both private and public sector banks, representing a key segment of the financial system that plays a central role in driving economic growth.

The scheme will follow a passive investment strategy, investing in index constituents in the same proportion as the benchmark, with a focus on maintaining low tracking error.

This approach offers investors focused exposure to the banking sector along with diversification across established banking franchises.

Investment details

• Minimum lump sum investment: ₹100 (and in multiples of ₹1 thereafter)

• SIP options available

Daily (minimum ₹20, via digital platforms)

Weekly (minimum ₹100)

Monthly (minimum ₹100)

Quarterly (minimum ₹300)

• Exit load: Nil

Investment strategy and outlook

The funds aim to provide transparent and cost-efficient access to India’s long-term growth opportunities through passive investing.

Both schemes will be managed by Abhisek Bahinipati.