March 10, 2023
mayank
Guidance for Invesco India Nifty G-sec Jul 2027 Index Fund NFO
by Paresh Gordhandas, C.A., Research Analyst.
Updated Soon
Invesco India Nifty G-sec Jul 2027 Index Fund NFO
NFO opens on March 16, 2023
NFO will close on March 17, 2023
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
The scheme seeks to generate returns which correspond (before fees and expenses) to the performance of Nifty G-sec Jul 2027 Index, subject to tracking difference.
Basic Details
| Fund House | Invesco Mutual Fund |
| Issue Open | 16 March 2023 |
| Issue Close | 17 March 2023 |
| Type | Open-ended |
| Category | Debt: Target Maturity |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 30 days |
| Riskometer | Moderate |
| Benchmark | Nifty G-sec Jul 2027 |
About Benchmark Index
To generate returns which correspond (before fees and expenses) to the performance of Nifty G-sec Jul 2027 Index, subject to tracking difference.
However, there is no assurance that the investment objective of the Scheme will be achieved.
Investment Strategy of the Scheme
The Scheme is a Target Maturity Debt Index Fund and will be passively managed. The Scheme seeks to track the performance of Nifty G-sec Jul 2027 Index in line with the norms prescribed by SEBI circular dated May 23, 2022. The Scheme will follow Buy & Hold investment strategy. During normal circumstances, the allocation to money market instruments will be in line with defined asset allocation pattern. However, in case of maturity of securities in the Scheme portfolio, the reinvestment will be in line with the index methodology.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | – | – | – | – | – |
| Total Return | – | – | – | – | – |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | – | – | – |
| Beta (NIFTY 50) | – | – | – |
| Correlation (NIFTY 50) | – | – | – |
Fundamentals
| P/E | P/B | Dividend Yield |
| – | – | – |
Fund Manager
1) Krishna Venkat Cheemalapati
Education: Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.
Experience: Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.
Past Performance of his Schemes
| Fund | Invesco India Liquid Fund | It’s Benchmark | Invesco India Treasury Advantage Fund | It’s Benchmark |
| 1 Year | 5.39 | 2.74 | 4.49 | 2.74 |
| 3 Year | 4.12 | 2.50 | 4.73 | 2.50 |
| 5 Year | 5.18 | 3.19 | 6.05 | 3.19 |
| 7 Year | 5.72 | 3.50 | 6.41 | 3.50 |
| 10 Year | 6.65 | 4.08 | 7.09 | 4.08 |
2) Vikas Garg
Education: Mr. Garg is CFA MBA Finance, B-Tech and M- Tech
Experience: Prior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.
Past Performance of his Schemes
| Fund | Invesco India Corporate Bond Fund | It’s Benchmark | Invesco India Credit Risk Fund – Regular Plan | It’s Benchmark |
| 1 Year | 3.21 | 4.38 | 2.87 | 2.74 |
| 3 Year | 5.00 | 3.85 | 4.09 | 2.50 |
| 5 Year | 6.41 | 5.68 | 2.39 | 3.19 |
| 7 Year | 6.69 | 5.97 | 4.18 | 3.50 |
| 10 Year | 6.61 | 6.47 | — | — |
AMC:
Invesco Asset Management (India) Pvt. Ltd
Address: 2101 – A-A Wing – 21st Floor, Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai – 400013
Website: http://www.invescomutualfund.com
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
*Post your MF questions @ sahifund.com/ask-me/
IPO Details & Guidance @ chanakyanipothi.com
https://sahifund.com/invesco-india-nifty-g-sec-sep-2032-index-fund-nfo/