New medium-duration fund offer launched by Invesco

Invesco Mutual Fund
Scheme Name Invesco India Medium Duration Fund
Objective of Scheme To generate income by investing in a portfolio of Debt and Money Market Instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Scheme Type Open Ended
Scheme Category Debt Scheme – Medium Duration Fund
New Fund Launch Date 29-Jun-2021
New Fund Offer Closure Date 13-Jul-2021
Minimum Subscription Amount Rs.1,000/- per app and in multiples of Re.1/-
For Further Details Please Visit Website


Type of Scheme
Medium Duration Fund: invest in debt securities and money market instruments so that the Macaulay Duration of the fund’s portfolio is between 3 and 4 years. These funds are best suited for investors who want to meet certain financial goals in 3 years and are a good alternative to bank deposits.

Mutual Funds Based on Asset Class
Debt Fund: These are funds that invest in debt instruments e.g. company debentures, government bonds and other fixed income assets. They are considered safe investments and provide fixed returns. These funds do not deduct tax at source so if the earning from the investment is more than Rs.10,000 then the investor is liable to pay the tax on it himself.

Types of Mutual Funds based on structure
Open-Ended Funds: These are funds in which units are open for purchase or redemption through the year. All purchases/redemption of these fund units are done at prevailing NAVs. Basically these funds will allow investors to keep invest as long as they want. There are no limits on how much can be invested in the fund. They also tend to be actively managed which means that there is a fund manager who picks the places where investments will be made. These funds also charge a fee which can be higher than passively managed funds because of the active management. They are an ideal investment for those who want investment along with liquidity because they are not bound to any specific maturity periods. Which means that investors can withdraw their funds at any time they want thus giving them the liquidity they need.

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