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MF News
Invesco Mutual Fund Revises SIP Amount
25-Jan-24   15:38 Hrs IST
Invesco Mutual Fund Announces that it has been decided to change the Minimum amount for investment through Systematic Investment Plan (?SIP?) facility under Invesco India Contra Fund (?the Scheme?) of Invesco Mutual Fund (?the Fund?). The details of existing provisions and revised provisions are as follows: with effect from January 30, 2024

Scheme Name Existing minimum SIP Amount Revised minimum SIP Amount
Invesco India Contra Fund

Minimum amount for each SIP installment should be Rs. 500 per month and in multiples of Re. 1 thereafter for monthly frequency or Rs. 1,500 per quarter and multiples of Re. 1 thereafter for quarterly frequency.
Minimum number of installments should be 12 (including first installment), where the amount of each SIP installment is Rs. 500 or more but less than Rs. 1,000 or 6 (including first installment), where the amount of each SIP installment is Rs. 1,000 or more for monthly frequency and 4 (including first installment) for quarterly frequency. 		Minimum amount for each SIP installment:
-Monthly Frequency: Rs. 100/- and in multiples of Re. 1 thereafter.
-Quarterly Frequency: Rs. 300/- and in multiples of Re. 1 thereafter.
Minimum number of installments (including first installment):
-Monthly Frequency: 12
-Quarterly Frequency: 4

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