Invesco Mutual Fund unveils Invesco India Nifty India Defence Index Fund and Invesco India Nifty Chemical Index Fund

2026-09-15 07:56:56 Business

Mumbai, September 15, 2026: Invesco Mutual Fund today announced the launch of the Invesco India Nifty India Defence Index Fund (an open-ended scheme replicating/tracking Nifty India Defence Index) and Invesco India Nifty Chemical Index Fund (an open-ended scheme replicating/tracking Nifty Chemical Index) offering investors an opportunity to participate in two sectors benefiting from long-term structural and policy-driven growth trends in India.

The Invesco India Nifty India Defence Index Fund will make passive investments in equity and equity-related securities replicating the composition of the Nifty India Defence Index, subject to tracking error. The Index provides exposure to companies that are integral to India's defence ecosystem, including aerospace and defence manufacturers, defence electronics companies, shipbuilders, explosives manufacturers and related businesses.

The Scheme will invest in companies that are constituents of the Nifty India Defence Index in the same weights as the Index, with an endeavour to achieve returns corresponding to the performance of the benchmark, subject to tracking error.

The Invesco India Nifty Chemical Index Fund will make passive investments in equity and equity-related securities replicating the composition of the Nifty Chemical Index, subject to tracking error. The Nifty Chemical Index comprises companies operating across specialty chemicals, agrochemicals, commodity chemicals, fertilizers, industrial gases, explosives and related segments, providing diversified exposure to India's chemical ecosystem.

The Scheme will invest in companies that are constituents of the Nifty Chemical Index in the same weights as the Index, with an endeavour to achieve returns corresponding to the performance of the benchmark, subject to tracking error.

India's growth story continues to be supported by structural reforms, increasing domestic demand, manufacturing-led development and a strong policy focus on strategic and industrial self-reliance. While the defence sector is benefiting from rising defence spending, indigenisation initiatives and growing export opportunities, the chemical sector is gaining from expanding domestic consumption, value-added manufacturing and global supply chain diversification. Together, the Invesco India Nifty India Defence Index Fund and the Invesco India Nifty Chemical Index Fund are designed to offer investors transparent, cost-efficient access to two long-term growth themes through passive investing. Both the schemes will be managed by Abhisek Bahinipati.

The minimum investment amount during the NFO for both schemes is ₹100 and in multiples of ₹1 thereafter. For SIP investments, both schemes offer Daily (minimum ₹20 through digital platforms), Weekly (minimum ₹100), Monthly (minimum ₹100) and Quarterly (minimum ₹300) options. No exit load will be charged

The New Fund Offers (NFOs) are open for subscription from today (September 15, 2026) and will close on September 29, 2026.

About Invesco Asset Management (India) Private Limited

Invesco Asset Management (India) is one of the leading asset management companies in India. With over ₹1,57,943 crore of average assets under management for quarter ending March 2026 across Mutual funds, PMS and Offshore Advisory, we serve investment needs of individual investors, corporates and institutions through mutual funds and sub-advised portfolios. Our expertise extends across equity, fixed income and alternative asset classes where we offer the complete range of funds designed to suit investment needs. IAMI's aim is to provide top-class financial care, impeccable service and best-in-class investment products.

About Invesco Ltd.

Invesco is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed $2.2 trillion in assets on behalf of clients worldwide as of December 31, 2025.

About IndusInd International Holdings Limited

Originally versed in the banking sector, IndusInd has, over the years, invested in a wide range of financial services across several jurisdictions. With $2.65 billion net asset value, IIHL is dedicated to value creation for its global shareholders by maintaining this dynamic growth through ongoing investment and acquisition of high-value assets. IIHL's vision is to be a Global Financial Services Institution with a commitment to excellence in international orientation, innovation, speed, and strict compliance with the principles of good corporate governance.