Dematerialisation of units: Invesco India Contra Fund – Growth offers investors the choice to subscribe for units in demat mode.The following are some of the key facilities offered by Invesco India Contra Fund – Growth: Other Facilities Offered by Invesco India Contra Fund – Growth The AMC will have to issue a notice to communicate with the public its decision regarding the dividend in an English newspaper and a newspaper published in the local language of the area in which the fund house’s head office is located. The record date as well as the quantum of dividend shall be confirmed by the Trustee. The calculation of distributable surplus is done in keeping with the regulations established by the Securities and Exchange Board of India. Investments cannot be made in listed instruments of the sponsor’s group companies if it exceeds 25% of the net assets.ĭividend Policy of Invesco India Contra Fund – Growthĭividends may be declared by the Trustees based on whether or not distributable surplus is available.Investments cannot be made in any security issued through private placement by the sponsor’s group or associate companies.Investments cannot be made in unlisted securities of the sponsor’s group or associate company.Over 10% of the NAV cannot be invested in the paid-up capital that carry the voting rights of any company.Over 10% of the NAV cannot be invested in equity and equity-related securities of companies and in units of venture capital funds or listed securities.The following are the major investment restrictions of Invesco India Contra Fund – Growth: Investment Restrictions of HDFC Liquid Fund – Growth Ganatra, on the other hand, has over 15 years of experience in the Indian equity markets and has been managing the Invesco India Contra Fund since January 2007. Badshah has over 23 years of experience in the financial services industry and has been in charge of Invesco India Contra Fund since January 2017. Invesco India Contra Fund – Growth is managed by Mr. It also has to be updated on the website of the Association of Mutual Funds in India prior to 9:00 p.m on each business day.Įnchmark Index of Invesco India Contra Fund – Growth: S&P BSE 500 Index Invesco India Contra Fund – Growth Fund Manager The NAV of each scheme will also have to be updated on the website of the fund house on a daily basis. The scheme’s NAV and redemption or purchase price are required to be published in a minimum of two daily newspapers that are circulated across the country in keeping with the regulations of the Securities and Exchange Board of India. The Net Asset Value of a scheme is calculated by the Asset Management Company on a regular basis. NAV Disclosure and Benchmark for Invesco India Contra Fund – Growth Any other corporate bodies, institutions, or individuals as permitted by the fund house from time to time.Other schemes of the company’s mutual fund provided they adhere to the limits and conditions set by the Securities and Exchange Board of India.Sponsor, Asset Management Company, Trustee, or their associates.Corporate bodies and multilateral funding agencies formed outside the country with the authorisation of the Reserve Bank of India and the Government of India.Industrial and scientific research organisations.Navy, Air Force, Army, and other paramilitary bodies or units.Charitable and Religious Trusts, endowments or wakfs of private trusts, and private trusts that have the authority to make investments in MF schemes under their trust deeds.Banks (Regional Rural Banks and Co-operative Banks included).Schemes of other mutual funds provided they are registered with the Securities and Exchange Board of India.Companies, Public Sector Undertakings, Corporate bodies, and societies with registration under the Societies Registration Act, 1860. Body of Individuals (BOI) and Association of Persons (AOP).Legal guardians or parents on behalf of minors.Who can Invest in Invesco India Contra Fund – Growth?
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