NFO of Invesco EQQQ Nasdaq-100 ETF Fund of Fund
To generate returns by investing predominantly in units of Invesco EQQQ NASDAQ- 100 UCITS ETF, an overseas exchange traded fund, which seeks to provide investment results which, before expenses, generally correspond to the price and yield performance of the NASDAQ-100 Notional Index (Net Total Return) in USD.
NFO opens on March 30 ,2022
NFO will close on April 13 ,2022
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Investment Strategy
The schemes seeks to generate returns by investing predominantly in units of Invesco EQQQ NASDAQ-100 UCITS ETF, an overseas exchange traded fund, which seeks to provide investment results which, before expenses, generally correspond to the price and yield performance of the NASDAQ-100 Notional Index (Net Total Return) in USD.
Basic Details
Fund House: Invesco Mutual Fund
Issue Open: 30-Mar-2022
Issue Close: 13-Apr-2022
Category: Equity: International
Type: Open-ended
Min. Investment Rs 1,000
Plans: Growth
Lock-in Period Not Applicable
Exit Load (%): 0
Riskometer: Very High
Benchmark: NASDAQ-100 Notional Index Net TR
Fund Manager
Krishna Venkat cheemalapatti
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.
Neelesh Dhamnaskar
Education: Mr. Dhamnaskar is a B.Com (H)and MMS (Finance).
Experience: Prior to joining Invesco Mutual Fund, he has worked with ENAM Securities Direct Pvt. Ltd. and KR Choksey Shares and Securities Pvt. Ltd. He has also worked with Anand Rathi Ltd., as Commodity Research Analyst.
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 Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
Mutual Fund Guidance by Paresh Gordhandas, Research Analyst.
What is an index fund?
An index fund is a type of mutual fund that seeks to track the returns of a market index. The fund is a portfolio of stocks/bonds designed to mimic the composition and performance of a financial market index.
What is NASDAQ-100 Notional Index Net TR ?
Who should invest in this NFO ??
This product is suitable for investors who are seeking:
1) Capital appreciation over the long term by investing in shares
2)Equity and equity related securities covered by the Nasdaq index
3)Return that corresponds to the performance of NASDAQ-100 Notional Index Net TR subject to tracking error.
So I recomment this NFO & Suggest …>>>> APPLY
Mutual fund investments are subject to market risks, read all scheme related documents carefully.