Invesco India Nifty G-sec Sep 2032 Index Fund - Regular Plan: Overview, Performance, Portfolio | Mutual Fund | Value Researchhttps://www.valueresearchonline.com/funds/43347/invesco-india-nifty-g-sec-sep-2032-index-fund-regular-plan/Get the latest information and complete track record of 'Invesco India Nifty G-sec Sep 2032 Index Fund - Regular Plan' schemes, returns, latest NAV and ratings from independent mutual fund research house.
Click to see a quick summary and important updates about this fund!Dismiss
Invesco India Nifty G-sec Sep 2032 Index Fund - Regular Plan
Suitability
This is a fund that comes with a fixed maturity and invests in bonds whose maturity is in line with that of the fund. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. They provide predictability (though not a guarantee) of returns because by staying invested till the end of its term, you can expect to get returns close to its ‘indicative yield’ at the time of making the investment.
They can be a viable option for fixed-income investors whose investment horizon matches the tenure of the fund. Such funds are more attractive when the interest rates are high, so as to 'lock-in' a high rate of return and benefit from it by staying invested for the entire fund tenure.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
The scheme seeks to generate returns which correspond (before fees and expenses) to the performance of Nifty G-sec Sep 2032 Index, subject to tracking difference.
Fund Manager
Name
Krishna Venkat Cheemalapati since 16-Mar-2023
Education
Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.
Experience
Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.
Name
Vikas Garg since 16-Mar-2023
Education
Mr. Garg is CFA MBA Finance, B-Tech and M- Tech
Experience
Prior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.