Invesco Mutual Fund has changed the benchmark index of Invesco India Dynamic Equity Fund
Sep 18 2018
News Category: Benchmark Change
Invesco Mutual Fund has changed the benchmark index of Invesco India Dynamic Equity Fund from S&P BSE 100 to CRISIL Hybrid 35+65 Aggressive Index. The underlying reason for change in the benchmark is that the fund is categorised as Dynamic Asset Allocation Fund as per the SEBI’s latest circular on scheme categorisation. As CRISIL Hybrid 35+65 - Aggressive Index seeks to track the performance of an equity-oriented hybrid portfolio having a blend of S&P BSE 200 TR (65%) and CRISIL Composite Bond Fund Index (35%), it better represents the allocation pattern and investment strategy of the Scheme.