Invesco India Manufacturing Fund Review – Invesco India Manufacturing Fund Direct NFO Open on 25 July 2024 and Close on 08 August 2024. Kotak Invesco India Manufacturing Fund Direct NFO Allotment Date is 14 August 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹1000. The Minimum SIP Investment Amount is ₹500.
Type of the Scheme
An open ended equity scheme following manufacturing theme.
Scheme Benchmark : Nifty India Manufacturing TRI – Nifty India Manufacturing TRI is currently selected as the First tier Benchmark from the list of benchmarks circulated by AMFI to be used by AMCs as a First Tier Benchmark, pursuant to para 1.9 as per SEBI Master Circular dated June 27, 2024 on ‘Guiding Principles for bringing uniformity in Benchmarks of Mutual Fund Schemes’. About Nifty India Manufacturing TRI: Nifty India Manufacturing TRI aims to track the performance of stocks that represent manufacturing sectors in India. The stocks are selected from a combined universe of Nifty 100, Nifty Midcap 150 and Nifty Smallcap 50 TRI. A stock’s weight in the Nifty India Manufacturing TRI is based on its free-float market capitalization subject to maximum weight of each stock at 5%. The index also has a minimum weight of 20% to certain manufacturing sectors.
Invesco India Manufacturing Fund Scheme Benchmark
Top constituents by weightage
Company
Weightage
Reliance Industries Ltd.
5.36
Mahindra & Mahindra Ltd.
4.91
Tata Motors Ltd.
4.88
Sun Pharmaceutical Industries Ltd.
4.59
Maruti Suzuki India Ltd.
4.44
Tata Steel Ltd.
4.01
Bajaj Auto Ltd.
2.97
Hindalco Industries Ltd.
2.83
Bharat Electronics Ltd.
2.83
Hindustan Aeronautics Ltd.
2.55
Invesco India Manufacturing Fund Nfo Important Date
Scheme Offer
Invesco India Manufacturing Fund
Offer Price
Rs. 10/- per Unit
Type of Scheme
An open-ended
Open Date
25 July 2024
Allotment Date
14 August 2024
Close Date
8 August 2024
Category
Thematic Fund
Min Inv ₹
1000
Lock in Period
N/A
Risk
Very High
Scheme Benchmark
Nifty India Manufacturing TRI
Invesco India Manufacturing Fund Nfo Other Details
Exit Load
0.50%
Exit Load Details
Exit load of 0.50%, if Redeemed within 3 Months.
Entry Load
N/A
Stamp Duty
0.005%
Min. Investment
Rs. 1000
Min. SIP
Rs. 500
Invesco India Manufacturing Fund Review Asset Allocation
Instruments
Allocation Min
Allocation Max
Equity & equity related instruments of companies following manufacturing
theme
80%
100%
Other equity and equity related instruments
0%
20%
Debt and Money Market Instruments
0%
20%
Units issued by REITs and InvITs
0%
10%
Invesco India Manufacturing Fund Sector Representation
Sector
Weightage
Automobile and Auto Components
31.12
Capital Goods
19.78
Healthcare
14.10
Metals & Mining
12.67
Oil, Gas & Consumable Fuels
9.00
Chemicals
7.00
Consumer Durables
4.81
Textiles
0.89
Forest Materials
0.34
Telecommunication
0.30
Investment Objective of the Scheme ?
To generate capital appreciation from a diversified portfolio of Equity and Equity Related Instruments of companies following the manufacturing theme. There is no assurance that the investment objective of the Scheme will be achieved.
Invesco India Manufacturing Fund Review Index Return
Index Return
QTD
YTD
1 Year
5 Years
Since Inception
Price Return
19.46
32.47
58.86
25.31
14.95
Total Return
19.56
32.74
59.96
26.79
16.48
Invesco India Manufacturing Fund Review Manager Details
- Fund Manger : Mr. Amit Ganatra
- Qualification : B. Com, CA and CFA
- Experience : More than 16 years of experience in the Indian equity markets.
- Fund Manger : Mr. Dhimant Kothari
- Qualification : B. Com. and A.C.A.
- Experience : More than 16 years of experience in industry and equity research.
How Will The Scheme Allocate Its Assets?
- Equity.
- Equity Related Instruments.
- Equity Derivatives.
- Foreign Equity and Equity related instruments.
- Non-convertible debentures.
- Non-Convertible Preference Shares (NCPS)*.
- Floating rate debt instruments.
- Securitised Assets.
- Pass Through Certificate (PTC).
- Securities created and issued by the Central and State Governments as may be permitted by RBI.
- Debt Instruments having special features i.e. Additional Tier I (AT1) / Perpetual Bonds and Tier 2 (AT2) Bonds.
- Debt Instruments having Structured Obligation (SO rating) and / or Credit Enhancements (CE rating).
- Debt Derivative Instrument like Interest Rate Swaps, Forward Rate Agreement and such other derivative instruments as may be permitted under the Regulations.
- Certificate of Deposits.
- Commercial Paper.
- Treasury Bills (T-Bills).
- Tri-party Repo.
- Repo (Repurchase Agreement) or Reverse Repo.
- Clearcorp Repo Order Matching System (CROMS).
- Bills Rediscounting.
- Cash Management Bills.
- Real Estate Investment Trust (ReITs).
- Infrastructure Investment Trust (InvIT).
- Any other Schemes of Invesco Mutual Fund or of any other mutual fund.
- Pending deployment of funds, the Scheme may park funds in Short Term Deposits of Scheduled commercial banks.
- Any other securities as may be permitted by SEBI / RBI from time to time.
Also Read: Kotak NIFTY Midcap 50 Index Fund
Manager Manage the Scheme?
- Mr. Amit Ganatra
- Mr. Dhimant Kothari
Invesco India Manufacturing Fund Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna
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