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About Invesco India Nifty Bank Index Fund Direct-Growth
Invesco India Nifty Bank Index Fund Direct-Growth is a equity mutual fund scheme of Invesco Mutual Fund. Launched on May 13, 2026, it is currently managed by Abhisek Bahinipati. The fund has an expense ratio of --% with an overall AUM (Assets Under Management) of ₹-- Cr.
Invesco India Nifty Bank Index Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in the shares of banks and financial services companies. Being passively managed, it replicates the portfolio of its chosen benchmark index. The fund allows minimum lumpsum investment of ₹100 and minimum SIP of ₹100.
Suitability
Nobody should invest in Banking funds in our opinion, because:
If you still choose to invest:
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Invesco India Nifty Bank Index Fund Direct-Growth through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Invesco India Nifty Bank Index Fund Direct-Growth can be bought from the Invesco Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
Over the past five years, Invesco India Nifty Bank Index Fund Direct-Growth has delivered an annualised return of % as of 22-Apr-2026.
The minimum investment required to start investing in Invesco India Nifty Bank Index Fund Direct-Growth is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.