Latest news with #VikasGarg
Time of India
03-07-2025
- Business
- Time of India
NFO Alert: Invesco Mutual Fund launches Income Plus Arbitrage Active Fund of Fund
Live Events Invesco Mutual Fund has announced the launch of its new fund Invesco India Income Plus Arbitrage Active Fund of Fund , an open-ended fund of fund scheme investing in units of actively managed debt-oriented schemes and equity arbitrage new fund offer or NFO of the fund is open for subscription and will close on July Read | Record inflow of over Rs 15,000 crore in May. What is making arbitrage mutual funds gain investors' interest? The fund is designed to provide investors with a smarter and simpler alternative to traditional debt investments, according to a press release by the fund fund aims to generate income by investing in a dynamic mix of actively managed debt-oriented schemes and equity arbitrage schemes, offering a unique blend of stability, tax efficiency, and operational ease. The fund is ideal for investors seeking low-risk income with enhanced tax efficiency in the long term, the release 60-65% will be invested in debt-oriented schemes, with a primary focus on Invesco India Debt Fund, based on market opportunities in high-quality corporate bond funds that invest in AAA-rated corporate bonds and sovereign the current market dynamics, large allocation will be done in Invesco India Corporate Bond Fund (allocation to debt schemes will be less than 65%) which as of now provides participation in AAA rated corporate bonds largely in 2-5 year space and G-Sec in 5-15 year fund will invest 35–40% in Invesco India Arbitrage Fund, which captures price differentials between cash and derivatives markets with fully hedged equity held for over 24 months are taxed at a 12.5% long-term capital gains rate, compared to traditional debt funds taxed at slab rates, the release Read | JioBlackRock launches mutual fund access on MyJio, calls it a new era of investing 'With the evolving investment landscape, conservative investors are seeking options that align with their risk tolerance while enhancing tax efficiency. As the fixed income market remains in a sweet spot, the Invesco India Income Plus Arbitrage Active Fund of Fund offers a smart alternative to traditional debt investments—an efficient combination of arbitrage and fixed income strategies that provides relatively lower risk & a better tax efficiency,' said Vikas Garg , Head of Fixed Income & Fund Manager, Invesco Mutual minimum investment amount during the NFO is Rs 1,000 and in multiples of Re 1 thereafter. For SIP investments, the minimum application amount is Rs 1,000 and in multiples of Re 1 thereafter. No exit load will be charged to investors.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Business Upturn
02-07-2025
- Business
- Business Upturn
Invesco Launches New Low-Risk Fund with Better Tax Benefits
Invesco Mutual Fund has launched a new fund called the Invesco India Income Plus Arbitrage Active Fund of Fund. This fund aims to offer investors a smart and simple alternative to traditional debt investments by combining the benefits of debt and arbitrage strategies. The fund invests around 60–65% in debt-oriented schemes, mainly in high-quality AAA-rated corporate bonds and government securities, with a focus on the Invesco India Corporate Bond Fund. The remaining 35–40% is allocated to the Invesco India Arbitrage Fund, which earns from the price differences in the cash and futures markets, while fully hedging the equity exposure. The fund is actively managed, meaning the investment mix between debt and arbitrage will change based on market conditions to give better risk-reward balance. One of the key benefits of this fund is its tax efficiency. If the investment is held for more than 24 months, the capital gains are taxed at 12.5%, which is lower than the tax rates for traditional debt funds. Speaking at the launch, Mr. Vikas Garg, Head of Fixed Income & Fund Manager, Invesco Mutual Fund said 'With the evolving investment landscape, conservative investors are seeking options that align with their risk tolerance while enhancing tax efficiency. As the fixed income market remains in a sweet spot, the Invesco India Income Plus Arbitrage Active Fund of Fund offers a smart alternative to traditional debt investments—an efficient combination of arbitrage and fixed income strategies that provides relatively lower risk & a better tax efficiency.' The minimum investment amount during the New Fund Offer (NFO) is ₹1,000, and the fund has no exit load, which means investors won't be charged any fee for withdrawing their money. This fund is ideal for conservative investors looking for low-risk income and long-term tax benefits.
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Business Standard
02-07-2025
- Business
- Business Standard
Invesco launches Income Plus Arbitrage Active Fund of Fund; check details
Invesco India Income Plus Arbitrage Active Fund of Fund: Invesco Mutual Fund has launched its Invesco India Income Plus Arbitrage Active Fund of Fund, an open-ended fund of fund scheme investing in units of actively managed debt-oriented schemes and equity arbitrage schemes. According to the scheme information document (SID), 60-65 per cent of the fund will be invested in debt-oriented schemes, with a primary focus on Invesco India Debt Fund, based on market opportunities in high-quality Corporate Bond Funds that invest in AAA-rated corporate bonds and sovereign securities. The remaining 35-40 per cent will be invested in Invesco India Arbitrage Fund, which captures price differentials between cash and derivatives markets with fully hedged equity exposure. Vikas Garg, head of fixed income & fund manager at Invesco Mutual Fund, said, with the evolving investment landscape, conservative investors are seeking options that align with their risk tolerance while enhancing tax efficiency. As the fixed income market remains in a sweet spot, the Invesco India Income Plus Arbitrage Active Fund of Fund offers a smart alternative to traditional debt investments—an efficient combination of arbitrage and fixed income strategies that provides relatively lower risk & a better tax efficiency. According to SID, the minimum investment required during the NFO is ₹1,000 and in multiples of ₹1 thereafter. For SIP investments, the minimum application amount is ₹1000 and in multiples of ₹1 thereafter. No exit load will be charged to investors. India Income Plus Arbitrage Active Fund of Fund: Investment objective According to the SID, the fund aims to generate income by investing in a dynamic mix of actively managed debt-oriented schemes and equity arbitrage schemes, offering a unique blend of stability, tax efficiency and operational ease. The fund is suitable for investors seeking low-risk income with enhanced tax efficiency in the long term. According to the riskometer, the principal invested in both schemes will comprise low to moderate risk. India Income Plus Arbitrage Active Fund of Fund: Who should invest? According to SID, the fund is suitable for investors seeking income over the medium term and investment in units of actively managed debt-oriented and Arbitrage schemes. However, investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Time of India
09-06-2025
- Business
- Time of India
India's 5-15 year bond yields attractive once selloff settles, Invesco MF's executive says
Five- to 15-year Indian government bonds will look attractive once the current selloff eases, as a steepening yield curve follows a central bank policy move that disappointed investors, an Invesco Mutual Fund executive said. Indian bond yields continued to rise on Monday, led by longer maturities, after the Reserve Bank of India shifted to a neutral stance and delivered an outsized 50-basis-point rate cut last week. The five-year yield stood at 5.84%, while the 10-year benchmark hit a three-week high at 6.28%. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 90s Icon: A Look at Her Today I Am Famous Undo "Five-15 year bonds look attractive which has steepened post policy. In the absence of any further rate cuts, we would expect the 5-year bond yield to head towards 5.65%-5.70% levels and 10-year bond yield around 6.15%," Vikas Garg, head of fixed income at Invesco Mutual Fund told Reuters' Trading India forum. Bonds Corner Powered By India's 5-15 year bond yields attractive once selloff settles, Invesco MF's executive says Five- to 15-year Indian government bonds will look attractive once the current selloff eases, as a steepening yield curve follows a central bank policy move that disappointed investors, an Invesco Mutual Fund executive said. India bond yields extend rise as market digests RBI stance shift Bond yields up despite higher rate cut RBI's 50 bps rate cut sparks short-term bond rally, long-term yields stay subdued. What's ahead? RBI accepts 95% of bond buyback ahead of monetary policy review Browse all Bonds News with The fund house manages assets worth 1.26 trillion rupees ($14.73 billion), as on March end. "Fundamentally, demand-supply dynamics for government securities looks very favorable," he said adding sees some rally in bond prices over the next few months. Live Events Garg sees the policy as dovish, but said "the spanner" came with the change in stance. With a shift to neutral stance, he expects a prolonged pause on rates. "Towards the year-end, there may be a window to administer one more rate cut if we get negatively surprised on growth front, led by the global growth disruption." The RBI also announced it will cut banks' cash reserve ratio by 100 bps in tranches from September to November, which will infuse around 2.50 trillion rupees. Garg said the move was a pre-emptive measure as RBI's forward dollar book is likely to get unwound over next few months which otherwise would have sucked out liquidity from the system. As a base case, Garg does not expect more open market bond purchases and expects liquidity to remain in the range of 1%-1.5% of deposits. ($1 = 85.5380 Indian rupees)
Economic Times
09-06-2025
- Business
- Economic Times
India's 5-15 year bond yields attractive once selloff settles, Invesco MF's executive says
Five- to 15-year Indian government bonds will look attractive once the current selloff eases, as a steepening yield curve follows a central bank policy move that disappointed investors, an Invesco Mutual Fund executive said. ADVERTISEMENT Indian bond yields continued to rise on Monday, led by longer maturities, after the Reserve Bank of India shifted to a neutral stance and delivered an outsized 50-basis-point rate cut last week. The five-year yield stood at 5.84%, while the 10-year benchmark hit a three-week high at 6.28%. "Five-15 year bonds look attractive which has steepened post policy. In the absence of any further rate cuts, we would expect the 5-year bond yield to head towards 5.65%-5.70% levels and 10-year bond yield around 6.15%," Vikas Garg, head of fixed income at Invesco Mutual Fund told Reuters' Trading India forum. The fund house manages assets worth 1.26 trillion rupees ($14.73 billion), as on March end. "Fundamentally, demand-supply dynamics for government securities looks very favorable," he said adding sees some rally in bond prices over the next few months. Garg sees the policy as dovish, but said "the spanner" came with the change in stance. With a shift to neutral stance, he expects a prolonged pause on rates. ADVERTISEMENT "Towards the year-end, there may be a window to administer one more rate cut if we get negatively surprised on growth front, led by the global growth disruption." The RBI also announced it will cut banks' cash reserve ratio by 100 bps in tranches from September to November, which will infuse around 2.50 trillion rupees. ADVERTISEMENT Garg said the move was a pre-emptive measure as RBI's forward dollar book is likely to get unwound over next few months which otherwise would have sucked out liquidity from the system. As a base case, Garg does not expect more open market bond purchases and expects liquidity to remain in the range of 1%-1.5% of deposits. ADVERTISEMENT ($1 = 85.5380 Indian rupees) (You can now subscribe to our ETMarkets WhatsApp channel)
