Invesco MF launched India Business Cycle Fund – CNBC TV18

Invesco Mutual Fund has launched the Invesco India Business Cycle Fund, which is an open-end-end equity scheme focused on business cycle-based investment. The purpose of the fund is to generate long -term capital appreciation by allocating investment in areas and shares in various stages of economic cycles.

The fund will use both top-down and bottom-up approach. This will focus on areas and shares in the development phase, maintaining diversification in market cap, areas and industries.

Aditya Khemini and Amit Ganatra will manage Fund, which will be benchmark for Nifty 500 TRAI.

Investo Mutual Fund, Fund Manager, Aditya Khemini said, “Each business cycle presents an opportunity. Macro trends such as GDP growth, stuffed, and credit bicycle affect sectors and shares. We also consider the life cycle of a company to identify high -capacity opportunities. ,

Amit Ganatra, head of equity and fund manager, said, “Economic and market cycles do not define investment opportunities alone. We prefer companies in our startups and growth stages, which counter-cycling companies (~ 30%) Keeping some exposure to pro-cyclical companies (~ 70%) focus on.

The minimum investment during NFO is ₹ 1,000, of which. Qualities of 1 have additional investment.

SIP investment. Starts at 500. With no exit load after that period, there is a 0.50% exit load in funds for roasted or switched units within three months of allocation.

The new fund offer (NFO) will close on February 20, 2025.

Also read Quant MF 27 reshuffles fund management in schemes