Invesco Mutual Fund

Invesco Asset Management (India) Private Limited is a subsidiary of Invesco Limited, a global investment management firm headquartered in Atlanta. Invesco Limited has its presence in more than 20 countries and serves clients in more than 120 countries. In India, Invesco Mutual Fund is the 15th largest asset manager, which has around 4.2 lakh active customer folios, 21,889 empanelled distributors, and as of June 2018, it had an average asset base of over Rs.24,931 crore. The fund house has a total of 65 branches spread across the country and has over 200 employees.

Types of funds offered by Invesco Mutual Fund

Invesco Mutual Fund offers 27 schemes across 5 categories of Equity, Fixed Income, Exchange Traded Fund, Hybrid, and Fund of Funds (FoFs). The fund house employs more than 27 investment strategies across equity, gold, and fixed income investments and the product portfolio is managed by individually focussed management teams who strive to create optimum returns. All the schemes offered by Invesco Mutual Fund have been briefly explained below:

Equity funds by Invesco Mutual Fund

Equity mutual funds are those that invest in stocks or shares of large, mid, and small cap companies. In this category, Invesco Mutual Fund offers 9 schemes, the features of which have been individually explained below:

1. Invesco India Contra Fund - This is an open-ended scheme that follows a contrarian investment strategy which is an investment style wherein poorly performing assets are purchased and sold at a time when they perform well.
• Investment objective - To produce capital gains for the investor through investment in equity and its related securities by following a contrarian investment style.
• Ideal for - Investors who wish to achieve capital gains over a long term and prefer investing in equity and its related securities.

Scheme features:

Benchmark Index	S&P BSE 500 Index
Investment Options	Growth and Dividend (payout and reinvestment)
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	1% exit load will be charged if investor exits before 1 year from unit allotment date. No exit load is applicable thereafter
Riskometer	Moderately High
Fund Manager	Mr. Taher Badshah and Mr. Amit Ganatra

2. Invesco India Financial Services Fund - This is an open-ended equity scheme that mainly invests in stocks of firms with large market capitalisation and engaged in banking and financial services. The scheme follows a sector theme and invests in insurance firms, banks, NBFCs (Non-Banking Financial Companies), housing finance companies, microfinance companies, etc.
• Investment objective - To create capital appreciation for the investor through investment in a portfolio comprising of equity and its related securities of firms engaged in the business of financial services and banking.
• Ideal for - Investors who wish to achieve capital gains over a long term through investment in stocks of firms engaged in banking and financial services.

Scheme features:

Benchmark Index	Nifty 50 Index
Investment Options	Growth and Dividend (Payout and Reinvestment)
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	1% exit load will be charged if investor exits before 1 year from unit allotment date. No exit load is applicable thereafter
Riskometer	High
Fund Manager	Mr. Amit Ganatra and Mr. Dhimant Kothari

3. Invesco India Growth Opportunities Fund - This is an open-ended equity scheme that invests in stocks of large and mid cap firms by employing top down and bottom up approach. The scheme is targeting at generating continuous outcomes in all market conditions.
• Investment objective - To produce capital growth for the investor by investing in a portfolio of equity and its related securities of large and mid cap firms.
• Ideal for - Investors who wish to grow their capital over a long term and prefer investing in stocks of large and mid market capitalisation.

Scheme features:

Benchmark Index	S&P BSE 250 Large Midcap Index
Investment Options	Growth and Dividend (Payout and Reinvestment)
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	1% exit load will be charged if investor exits before 1 year from unit allotment date. No exit load is applicable thereafter
Riskometer	Moderately High
Fund Manager	Mr. Amit Ganatra and Mr. Taher Badshah

4. Invesco India Infrastructure Fund - This is an open-ended equity scheme that follows the infrastructure theme of investment which means it will invest in firms which are indirectly or directly engaged in the infrastructure sector.
• Investment objective - To produce capital gains for the investor through investment in stocks of infrastructure firms.
• Ideal for - Investors who have a high appetite for risk to invest in infrastructure firms to grow their capital.

Scheme features:

Benchmark Index	S&P BSE India Infrastructure
Investment Options	Growth and Dividend (Payout and Reinvestment)
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	1% exit load will be charged if investor exits before 1 year from unit allotment date. No exit load is applicable thereafter
Riskometer	High
Fund Manager	Mr. Neelesh Dhamnaskar and Mr. Pranav Gokhale

5. Invesco India Largecap Fund - This is an open-ended equity scheme that primarily invests in stocks of firms with large market capitalisation. The investments can expand across sectors and in ‘value’ and ‘growth’ stocks.
• Investment objective - To generate capital growth through investments in stocks of large cap companies.
• Ideal for - Investors who wish to achieve capital gains and prefer investing in equity securities of large cap firms.

Scheme features:

Benchmark Index	Nifty 50 Index
Investment Options	Growth and Dividend (Payout and Reinvestment)
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	1% exit load will be charged if investor exits before 1 year from unit allotment date. No exit load is applicable thereafter
Riskometer	Moderately High
Fund Manager	Mr. Nitin Gosar and Mr. Amit Ganatra

6. Invesco India Midcap Fund - This is an open-ended equity scheme that mainly invests in equity and its related securities of mid cap companies with potential to benefit from the long term economic growth of India.
• Investment objective - To produce capital growth for the investor through investment in mid cap companies with high growth potential.
• Ideal for - Investors who prefer to invest in mid cap companies to grow their investments.

Scheme features:

Benchmark Index	Nifty Midcap 100
Investment Options	Growth and Dividend (Payout and Reinvestment)
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	1% exit load will be charged if investor exits before 1 year from unit allotment date. No exit load is applicable thereafter
Riskometer	Moderately High
Fund Manager	Mr. Taher Badshah and Mr. Pranav Gokhale

7. Invesco India Multicap Fund - This is an open-ended equity scheme that focusses its investments on equity and its related securities of firms across market capitalisation (large, mid, and small cap).
• Investment objective - To bring about capital appreciation for the investor through investments across market capitalisation.
• Ideal for - Investors who wish to grow their investments and wish to invest in securities of companies with different market capitalisation.

Scheme features:

Benchmark Index	S&P BSE AllCap Index
Investment Options	Growth and Dividend (Payout and Reinvestment)
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	If an investor exits/redeems the units before 1 year from unit allotment date, 1% exit load will be applicable. No exit load will be applicable thereafter
Riskometer	Moderately High
Fund Manager	Mr. Taher Badshah and Mr. Pranav Gokhale

8. Invesco India PSU Equity Fund - This is an open-ended equity scheme that follows the PSU theme of investment and hence, is a thematic fund. A major portion of the investments is made in companies owned by the Indian government (PSUs) and also in companies with a potential to benefit from divestment process and reforms.
• Investment objective - To bring about capital growth for the investor by investing in stocks of government-owned firms.
• Ideal for - Investors who wish to accomplish capital appreciation over a long term through investment in Public Sector Undertakings (PSUs).

Scheme features:

Benchmark Index	S&P BSE PSU Index
Investment Options	Growth and Dividend (Payout and Reinvestment)
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	If investor exits/redeems the units before 1 year from unit allotment date, 1% exit load will be applicable. No exit load will be applicable thereafter
Riskometer	High
Fund Manager	Mr. Pranav Gokhale and Mr. Nitin Gosar

9. Invesco India Tax Plan - This is an open-ended equity linked saving scheme that has a 3 year statutory lock-in period and offers tax benefits to the investor. The investments in this scheme of up to Rs.1.5 lakh is deductible from the taxable income under Section 80C of the Income Tax Act, 1961.

The investment objective and the other features of the scheme have been given under the ‘Tax Saving Schemes by Invesco Mutual Fund’ section.

Fixed Income Funds by Invesco Mutual Fund

Fixed income funds are ones that offer a fixed rate of returns such as government bonds, corporate bonds, etc. and their objective is to fetch returns on a regular basis. Invesco Mutual Fund offers 9 schemes in the Fixed Income category and they have been briefly described below:

10. Invesco India Banking and PSU Debt Fund - This is an open-ended debt scheme that primarily invests in debt securities of banks, PSUs, municipal bonds, and Public Financial Institutions (PFIs).
• Investment Objective - To bring about capital growth for the investor through investments in debt and money market securities issued by PFIs, banks, PSUs, etc.
• Ideal for - Investors who wish to receive returns over short to medium term and prefer to invest in debt and money market securities.

Scheme features:

Benchmark Index	CRISIL Short Term Bond Fund Index
Investment Options	Growth, Dividend Payout and Dividend Reinvestment
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	Nil
Riskometer	Moderate
Fund Manager	Mr. Nitish Sikand

11. Invesco India Corporate Bond Fund - This is an open-ended debt scheme that primarily invests in corporate bonds rated AA+ and above by credit rating agencies.
• Investment objective - To produce steady and regular income for the investor through investment in high quality corporate bonds that are rated AA+ and above.
• Ideal for - Investors who wish to receive regular income over medium to short term and prefer to invest in corporate bonds.

Scheme features:

Benchmark Index	CRISIL AAA Short Term Bond Index
Investment Options	Growth, Dividend Payout and Dividend Reinvestment
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	Nil
Riskometer	Moderate
Fund Manager	Mr. Sujoy Kumar Das

12. Invesco India Credit Risk Fund - This is an open-ended debt scheme that invests in corporate bonds rated AA and below and excludes AA+ rated corporate bonds. The scheme invests in corporate debt securities of different maturities across the credit spectrum.
• Investment objective - To create accrual income for the investor while also achieving capital appreciation through investments in various debt securities across maturity.
• Ideal for - Investors who wish to receive income and grow their capital over medium to long term.

Scheme features:

Benchmark Index	CRISIL AA Short Term Bond Index
Investment Options	Growth, Dividend Payout and Dividend Reinvestment
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	If an investor exits/redeems the units before 1 year from unit allotment date, 1% exit load will be applicable. No exit load will be applicable thereafter
Riskometer	Moderate
Fund Manager	Mr. Nitish Sikand

13. Invesco India Gilt Fund - This is an open-ended debt scheme that invests in government securities across maturity. The securities are issued and guaranteed by the Central and State Government of India.
• Investment objective - To produce most favourable returns for the investor through investment in bonds issued by the government across maturities.
• Ideal for - Investors who wish to receive returns which are credit risk free over medium to long term.

Scheme features:

Benchmark Index	CRISIL 10 year Gilt Index
Investment Options	Growth, Dividend Payout, and Dividend Reinvestment
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	Nil
Riskometer	Moderate
Fund Manager	Mr. Sujoy Kumar Das

14. Invesco India Liquid Fund - This is an open-ended liquid scheme that invests in debt and money market securities with maturity of up to 91 days.
• Investment objective - To produce income for the investor through investment in a portfolio of securities with high liquidity and low risk.
• Ideal for - Investors who wish to invest in low risk securities to grow their capital over a short term.

Scheme features:

Benchmark Index	CRISIL Liquid Fund Index
Investment Options	Growth, Dividend Payout and Dividend Reinvestment
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	Nil
Riskometer	Low
Fund Manager	Mr. Krishna Cheemalapati and Mr. Nitish Sikand

15. Invesco India Money Market Fund - This is an open-ended debt scheme that predominantly invests in money market securities with maturity of up to 1 year.
• Investment objective - To produce superior risk-adjusted returns through investment in money market instruments.
• Ideal for - Investors who wish to receive income over a short term and invest in low risk securities such as money market instruments.

Scheme features:

Benchmark Index	CRISIL Liquid Fund Index
Investment Options	Growth, Dividend Payout and Dividend Reinvestment
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	Nil
Riskometer	Moderately Low
Fund Manager	Mr. Nitish Sikand

16. Invesco India Short Term Fund - This is an open-ended short term debt scheme that invests in securities in a way that the Macaulay Duration of the portfolio is from 1 to 3 years.
• Investment objective - To offer stable returns to the investor through investment in securities that offer moderate risk such as short term money market and debt securities.
• Ideal for - Investors who seek earnings over short to medium term and prefer investing in debt and money market securities.

Scheme features:

Benchmark Index	CRISIL Short Term Bond Fund Index
Investment Options	Growth, Dividend Payout and Dividend Reinvestment
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	Nil
Riskometer	Moderate
Fund Manager	Mr. Sujoy Kumar Das

17. Invesco India Treasury Advantage Fund - This is an open-ended low duration debt scheme that invests in securities in a way that the Macaulay Duration of the portfolio ranges from 6 to 12 months.
• Investment objective - To produce earnings for the investor through investment in money market and debt securities.
• Ideal for - Investors who are looking to receive income over a short term by investing in money market and debt securities.

Scheme features:

Benchmark Index	CRISIL Ultra Short Term Debt Index
Investment Options	Growth, Dividend Payout and Dividend Reinvestment
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	Nil
Riskometer	Moderately Low
Fund Manager	Mr. Krishna Cheemalapati and Mr. Nitish Sikand

18. Invesco India Ultra Short Term Fund - This is an open-ended ultra-short term debt scheme that invests securities in a way that the portfolio’s Macaulay Duration ranges from 3 to 6 months. The scheme invests in debt and money market instruments.
• Investment objective - To produce accrual income for the investor through investment in short term debt and money market securities.
• Ideal for - Investors who wish to receive income over a short term by investing in debt and money market securities.

Scheme features:

Benchmark Index	CRISIL Liquid Fund Index
Investment Options	Growth, Dividend Payout and Dividend Reinvestment
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	Nil
Riskometer	Moderate
Fund Manager	Mr. Nitish Sikand

Fund of Funds by Invesco Mutual Fund

Fund of Funds invest in other kinds of funds with different underlying assets rather than investing directly in bonds, stocks, etc. In this category, Invesco Mutual Fund offers 3 funds and they’ve been explained below:

• Invesco India Feeder-Invesco Global Equity Income Fund - This is an open-ended fund of fund that invests in the Invesco Global Equity Income Fund.
• Investment objective - To offer capital gains to the investor by investing in units of Invesco Global Equity Income Fund, an overseas equity fund that invests in equities of worldwide companies.
19. Ideal for - Investors who wish to gain exposure to global equity markets and benefit from world class companies and grow their capital.

Scheme features:

Benchmark Index	MSCI World Index - Net Dividend
Investment Options	Growth and Dividend (Payout and Reinvestment)
Entry Load	Nil
Exit Load	1% of exit load will apply if the investor redeems/switch out before 1 year from unit allotment date. No exit load thereafter
Riskometer	High
Fund Manager	Mr. Neelesh Dhamnaskar

20. Invesco India Feeder-Invesco Pan European Equity Fund - This is an open-ended fund of fund that invests in Invesco Pan European Equity Fund.
• Investment objective - To produce capital growth for the investor through investment in units of Invesco Pan European Equity Fund which primarily invests in stocks of European firms.
• Ideal for - Investors who wish to grow their capital by investing in stocks of companies with global presence.

Scheme features:

Benchmark Index	MSCI Europe - ND
Investment Options	Growth and Dividend (Payout and Reinvestment)
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	1% of exit load will apply if the investor redeems/switch out before 1 year from unit allotment date. No exit load thereafter
Riskometer	High
Fund Manager	Mr. Neelesh Dhamnaskar

21. Invesco India Gold Fund - This is an open-ended fund of fund scheme that invests in Invesco India Gold Exchange Traded Fund. Investors looking to diversify their portfolio can invest in this scheme.
• Investment objective - Offer returns that commensurates with the returns provided by Invesco India Gold Exchange Traded Fund.
• Ideal for - Investors who are looking for a hassle free way of owning gold and wish to grow their capital.

Scheme features:

Benchmark Index	Price of Gold
Investment Options	Growth and Dividend Payout and Dividend Reinvestment
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	2% exit load will be charged if the investor redeems/switch out before 6 months from unit allotment date. 1% exit load will apply for redemption/switch out after 6 months but before 1 year. No exit load for exit after 1 year
Riskometer	Moderately High
Fund Manager	Mr. Nitish Sikand

Exchange Traded Funds by Invesco Mutual Fund

Exchange Traded Funds (ETFs) trade on a stock exchange and track an index, bonds, or a basket of assets. ETFs offer high liquidity and charge lower fees when compared with mutual fund shares and therefore, are an attractive option for investors. Invesco Mutual Fund offers 2 schemes under this category and the schemes have been explained below:

1. Invesco India Gold Exchange Traded Fund - This is an open-ended scheme that tracks returns offered through investment in physical gold.
• Investment objective - To produce returns for the investor that closely match the returns offered by investing in physical gold but is subject to tracking error.
• Ideal for - Investors who wish to grow their capital over a longer duration and receive returns similar to the ones offered by investing in gold.

Scheme features:

Benchmark Index	Price of gold
Investment Options	Growth
Minimum Investment	No minimum investment as units can be bought/sold in lots of 1 unit at an NSE/BSE quoted price
Entry Load	Nil
Exit Load	Nil
Riskometer	Moderately High
Fund Manager	Mr. Nitish Sikand

2. Invesco India Nifty Exchange Traded Fund - This is an open-ended scheme that mirrors the Nifty 50 Index and is suitable for investors who wish to employ a passive investment strategy and keep the cost of investment low.
• Investment objective - To create returns that commensurate with the returns provided by the securities comprising the Nifty 50 Index, subject to tracking errors.
• Ideal for - Investors who wish to achieve capital appreciation over a long term and receive returns offered by the components of the Nifty 50 Index.

Scheme features:

Benchmark Index	Nifty 50 Index
Investment Options	Growth
Minimum Investment	No minimum investment as units can be bought/sold in lots of 1 unit at an NSE/BSE quoted price
Entry Load	Nil
Exit Load	Nil
Riskometer	Moderately High
Fund Manager	Mr. Pranav Gokhale

Hybrid Funds by Invesco Mutual Fund

Hybrid funds are those that invest in a mix of securities such as equity, debt, bonds, etc. These funds provide investors with diversification of portfolio by investing in various classes of assets. Invesco Mutual Funds offer 4 types of funds in this category and all of the funds have been explained below:

1. Invesco India Arbitrage Fund - This is an open-ended scheme that invests in arbitrage opportunities by exploiting the difference in pricing between the derivatives and cash market.
• Investment objective - To generate income for the investor through investment in arbitrage opportunities that arises due to the differential pricing between derivatives and cash market and also by deploying surplus cash in fixed income securities.
• Ideal for - Investors who wish to receive income over a medium term through investment in arbitrage opportunities.

Scheme features:

Benchmark Index	CRISIL Liquid Fund Index
Investment Options	Growth and Dividend (Payout and Reinvestment)
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	If an investor exits before 15 days from unit allotment date, an exit load of 0.5% will apply. No exit load will be applicable thereafter
Riskometer	Moderately Low
Fund Manager	Mr. Pranav Gokhale

2. Invesco India Dynamic Equity Fund - This is an open-ended dynamic asset allocation fund that is designed to dynamically change its investment allocation according to market valuations.
• Investment objective - To produce capital appreciation for the investor through investments in debt and equity instruments that are managed dynamically.
• Ideal for - Investors who wish to achieve capital growth over a long term and prefer investing in dynamically managed assets.

Scheme features:

Benchmark Index	S&P BSE 100 Index
Investment Options	Growth and Dividend (Payout and Reinvestment)
Minimum Investment	Rs.5,000
Entry Load	Nil
Exit Load	0.25% exit load will apply if an investor exits 3 months before the unit allotment date. No exit load applicable thereafter.
Riskometer	Moderately High
Fund Manager	Mr. Taher Badshah and Mr. Pranav Gokhale

3. Invesco India Equity and Bond Fund - This is a hybrid scheme that brings together 2 asset classes (equity and debt) to provide stability and performance to investors. The scheme is eligible for taxation under the equities category.
• Investment objective - To produce capital appreciation for the investor through investment in a mix of equity, equity-related securities, and fixed income securities.
• Ideal for - Investors who prefer investing in a combination of equity and fixed income securities to grow their capital over medium to long term.

Scheme features:

Benchmark Index	CRISIL Hybrid 35+65 - Aggressive Index
Investment Options	Growth and Dividend
Minimum Investment	-
Entry Load	Not Applicable
Exit Load	-
Riskometer	Moderately High
Fund Manager	Mr. Amit Ganatra and Mr. Taher Badshah

4. Invesco India Regular Savings Fund - This is an open-ended hybrid scheme that primarily invests in debt securities while also allocating a minor portion to equity and its related securities.
• Investment objective - To produce regular income for the investor while also offering capital appreciation through investment in debt, equity, and money market securities.
• Ideal for - Investors who wish to receive income while growing their capital over medium to long term.

Scheme features:

Benchmark Index	CRISIL Short Term Debt Hybrid 75+25 Fund Index
Investment Options	Growth and Dividend (Payout and Reinvestment)
Minimum Investment	Rs.5,000 for Growth option and Rs.25,000 for dividend option
Entry Load	Nil
Exit Load	1% exit load will apply if investor exits the scheme 1 year before the unit allotment date. No exit load will be applicable thereafter
Riskometer	Moderately High
Fund Manager	Mr. Pranav Gokhale and Mr. Sujoy Kumar Das

Tax Saving Schemes by Invesco Mutual Fund

Tax saving schemes or equity-linked savings schemes (ELSS) let the investors enjoy tax benefits under Section 80C of the Income Tax Act, 1961. They offer dual benefits of tax saving and wealth creation. Compared to other tax saving instruments, tax saving schemes have a higher return potential and always come with a statutory lock in period of at least 3 years.

Invesco Mutual Fund offers one scheme under this category known as the Invesco India Tax Plan. The details of the fund have been given below:

1. Invesco India Tax Plan - This is an open-ended equity linked saving scheme that has a 3 year statutory lock-in period and offers tax benefits to the investor. The investments in this scheme of up to Rs.1.5 lakh is deductible from the taxable income under Section 80C of the Income Tax Act, 1961.
• Investment objective - To offer tax benefits as well as produce capital gains for the investor by investing mainly in equity and its related instruments.
• Ideal for - Investors who wish to enjoy tax benefits while creating wealth over a long term.

Scheme features:

Benchmark Index	S&P BSE 200 Index
Investment Options	Growth and Dividend Payout
Minimum Investment	Rs.500
Entry Load	Nil
Exit Load	Nil. Redemption or switch out can only be done after 3 years
Riskometer	Moderately High
Fund Manager	Mr. Amit Ganatra and Mr. Dhimant Kothari

Eligibility for investing in Invesco Mutual Fund

The below-mentioned persons/entities are eligible to invest in the schemes of Invesco Mutual Fund:

• Adult individuals residing in India, either singly or jointly (cannot exceed 3 people)
• Hindu Undivided Family (HUF) through Karta
• Minors through a legal guardian or parent
• Persons of Indian Origin (PIO)/Non-Resident Indians (NRIs), on repatriation or non-repatriation basis
• Companies, Association of Persons (AOP), corporate bodies, Public Sector Undertakings (PSUs), Societies registered under the Societies Registration Act, 1860
• Partnership firms in the name of any one of the partners
• Proprietorship in the name of the sole proprietor
• Religious and Charitable Trusts, Wakfs or endowments of private trusts
• SEBI registered Foreign Portfolio Investor
• Financial institutions and banks (including Regional Rural Banks and Co-operative Banks)
• Scientific and Industrial Research Organisations
• Army, Navy, Air Force, and other paramilitary funds
• International Multilateral Agencies approved by the RBI and Government of India
• Mutual fund schemes registered with SEBI (Securities and Exchange Board of India)
• Pensions/Gratuity/Provident Fund to a permissible extent
• AMC/Trustee or Sponsor or their associates

Documents required for investing in Invesco Mutual Fund

To invest in the schemes of Invesco Mutual Fund, the investor needs to first comply with the KYC (Know Your Customer) guidelines. New investors can now complete this process electronically (e-KYC) through the official website of Invesco Mutual Fund using Aadhaar and PAN (Permanent Account Number). The investor just needs to enter these details into the website after which an OTP (One Time Password) will be generated. The investor needs to enter the OTP received and the verification will be done from the back end. To make an investment, the investor needs to email the scanned copy of cancelled cheque bearing his/her name to mfservices@invesco.com to complete the folio opening process.

The e-KYC is valid for investments up to Rs.50,000 but for investments above that, the investor needs to complete the In-Person Verification (IPV) and visit the nearest Investor Service Centre along with the below documents:

• PAN card
• Passport size photo
• Signed e-KYC form
• Proof of Identity (Driving Licence/Voters ID/Passport/Aadhaar)
• Proof of Address (Ration card/Voters ID/Aadhaar/Passport/Driving Licence/Latest Gas or Electricity bill/Latest bank account statement or passbook/Rental agreement)

How to invest in Invesco Mutual Fund online?

To invest in Invesco Mutual Fund through the online medium, the investor can follow the below steps:

• Visit the official site of Invesco Mutual Fund at www.invescomutualfund.com
• On the right-hand side of the page, click on the ‘Invest Online’ button
• A new window would open with 3 options. If the investor is a first-time user, he/she needs to click on the ‘New Investor’ tab
• The investor will be asked to enter his/her email ID and mobile number and click on the ‘Proceed’ button
• The investor then needs to fill up the necessary information including the PAN, bank account details, investment details, etc.
• After filling in the information, he/she has to click on the ‘Save & Continue’ button
• The user will then be guided to a payment gateway to make a successful purchase request and once the fund transfer is done, the user will receive an email confirmation on the registered email address
• The user then has to send a copy of the cancelled cheque bearing his/her name on the cheque leaf/bank statement to mfservices@invesco.com within 10 days from the purchase request date
• If the documents are not received, the subscription amount will be refunded to the same account from which the purchase has been made.

Why invest in Invesco Mutual Fund?

• Tax benefits - The Invesco India Tax Plan which is an equity-linked savings scheme lets the investor enjoy tax benefits under Section 80C of the Income Tax Act, 1961.
• Professional management - Schemes of Invesco Mutual Fund are managed by highly qualified fund managers with many years of experience in managing funds. This means that your investments are in the right hands and have a potential to earn optimal returns.
• Wide variety of schemes - Invesco Mutual Fund offers more than 27 schemes across asset classes which means you have many options to choose from. While some schemes offer tax benefits, some offer high capital growth while some offer lower risks. Depending on your appetite, you can choose a scheme that suits your needs.
• Quality customer care - The customer assistance team at Invesco Mutual Fund will offer professional, efficient, and friendly support so that all the queries and grievances of investors are addressed effectively.

Frequently Asked Questions (FAQs)

1. Can I use any credit or debit card to purchase the units of Invesco Mutual Fund?

Answer: Unfortunately, units cannot be purchased through a credit card. Investors can, however, purchase units using Visa debit cards.

2. Can I change my address and other contact details online?

Answer: According to the KYC norms, investors need to intimate the address change to the intermediaries registered with KRA (KYC Registration Agency) and unfortunately, this cannot be done online. Any changes that need to be made has to be sent through a letter to any branch office of Invesco Mutual Fund or any Investor Service Centre.

3. What is the procedure I need to follow to redeem my units?

Answer: To redeem the units of Invesco Mutual Fund, you need to fill out an online redemption request for the respective scheme. Once the redemption request is processed at applicable NAV, the proceeds will be paid out either through a cheque/Demand Draft sent to your mailing address registered or transferred directly to your bank account.

4. How do I receive the acknowledgements regarding my transactions?

Answer: You will receive an email at your registered email ID whenever you perform any successful transaction.

5. Whom can I contact if I have any query regarding the online investing facility?

Answer: You can call the toll-free number of Invesco Mutual Fund at 1800-209-0007 for any assistance regarding any mutual fund queries. You can also send them an email at mfservices@invesco.com for any query.

6. Is SIP option available for investing in schemes of Invesco Mutual Fund?

Answer: Yes, Invesco Mutual Fund offers an SIP (Systematic Investment Plan) facility which can be availed online through its official website. The process is quick and hassle-free.

7. If I have used the online facility for my transactions, can I still use the physical mode for transacting?

Answer: Yes, even if you have registered for an online transaction facility, you can still use the offline or physical mode of transaction. However, if you haven’t used the online facility earlier, you can register for the facility and then link the folio number of the transaction made offline with the online folio. You will then be able to carry out your further transactions under a single folio.