Invesco Mutual Fund has introduced the Invesco India Consumption Fund, an open-ended equity scheme designed to focus on companies expected to benefit from India’s expanding consumption market. The New Fund Offer (NFO) period runs October 17, allowing investors to participate by investing a minimum of ₹1,000 during the NFO. For those preferring systematic investment, the scheme offers SIP options starting at ₹100 per day or ₹500 per month, both in multiples of ₹1. The scheme charges an exit load of 0.50% for redemptions or switches within three months, with no exit load thereafter. The fund will be actively managed by portfolio managers Manish Poddar and Amit Ganatra, and benchmarked against the Nifty India Consumption TRI. Advertisement

The new fund seeks to allocate at least 80% of its

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