India, April 20 -- Invesco Mutual Fund has launched a new Open Ended Growth scheme named "Invesco India Nifty Bank Index Fund" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Apr 23 to May 07, 2026.

According to the offer document filed with SEBI, the entry and exit load is Nil.

The minimum application amount is Rs 100.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.

The fund manager of the scheme will be Abhisek Bahinipati, while the performance of the scheme will be benchmarked against Nifty Bank Total Return.

Passive Investments in equity and equity related securities...