Invesco Mutual Fund launches two target maturity debt index funds

Invesco Mutual Fund has launched of two target maturity debt index funds – Invesco India Nifty G-sec Jul 2027 Index Fund (underlying index Nifty G-sec Jul 2027 Index) and Invesco India Nifty G-sec Sep 2032 scheme (underlying index Nifty G-sec Sep 2032 Index). 

The funds will invest between 95 per cent and 100 per cent of its net assets in government securities. 

Invesco India Nifty G-sec Jul 2027 Index Fund will mature on July 30, 2027 and Invesco India Nifty G-sec Sep 2032 Index Fund will have maturity on September 30, 2032.

Taher Badshah, Chief Investment Officer, Invesco Mutual Fund