March 10, 2023
mayank
Guidance for Invesco India Nifty G-sec Sep 2032 Index Fund NFO
by Paresh Gordhandas, C.A., Research Analyst.
Updated Soon
Invesco India Nifty G-sec Sep 2032 Index Fund NFO
NFO opens on March 16, 2023
NFO will close on March 24, 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 Sep 2032 Index, subject to tracking difference.
Basic Details
| Fund House | Invesco Mutual Fund |
| Issue Open | 16 March 2023 |
| Issue Close | 24 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 Sep 2032 |
About Benchmark Index
Nifty G-Sec Sep 2032 Index seeks to measure the performance of portfolio of Government securities (G-Secs) maturing during the twelve month period ending September 30, 2032.
Methodology
i. Index represents the performance of maturity-targeted GSec market.
ii. Index holds G-Secs issued by Central Government of India (GOI), maturing during the twelve month period ending September 30, 2032.
iii. The index is reviewed at the end of every calendar half year.
Features
| Methodology | Total Returns |
| No. of Constituents | 3 |
| Base Date | November 29, 2022 |
| Base Value | 1000 |
| Index Maturity Date | September 30, 2032 |
Statistics
| Index Name | Avg Yield %* | Avg. Macaulay Duration* | Avg Maturity* | 3 M | 6 M | 1 Yr. | 3 Yr. | Since Inception |
| NIFTY G-Sec Sep 2032 Index | 7.60 | 6.80 | 9.05 | 0.90 | – | – | – | 0.90 |
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/hdfc-nifty-sdl-plus-g-sec-jun-2027-4060-index-fund-nfo/