NFO Opens: 23 April 2026; Closes: 7 May 2026
Invesco Mutual Fund today announced the launch of Invesco India BSE Sensex Index Fund (An open ended scheme replicating/tracking BSE Sensex Index) and Invesco India Nifty Bank Index Fund (An open ended scheme replicating/tracking Nifty Bank Index), designed to offer investors passive investment options across India’s core equity and banking sector.
Invesco India BSE Sensex Index Fund will make passive investments in equity and equity related securities replicating the composition of the BSE Sensex Index, subject to tracking errors. The BSE Sensex, one of India’s most widely tracked equity benchmarks, represents 30 of the country’s largest, profitable, and industry-leading companies across key sectors of the economy. With a long track record, the index has remained closely aligned with India’s long-term economic growth, offering investors a simple, transparent, and cost-efficient route to equity market participation.
Invesco India Nifty Bank Index Fund will make passive investments in equity and equity related securities replicating the composition of the Nifty Bank Index, subject to tracking errors. The Nifty Bank Index comprises India’s leading banking institutions across private and public sector banks, representing a segment that plays a central role in driving economic growth.
The scheme will adopt a passive investment strategy, investing in equity and equity-related securities of companies that are constituents of the Nifty Bank Index in the same weights as the index, with a focus on maintaining low tracking error. This approach provides investors focused exposure to the banking sector while offering diversification across established banking franchises.