Apply Now Offer Price Rs.899 only. Use Coupon Code= intern899 Training Program Detail: Course Fee Rs.999 Course Duration 1 Month= 20 classes Timings Monday to Friday Training Modes Online & Classroom Training Program Description This externship is intelligently devoted to our passionate actors generally admitting and appreciating the very fact that they are on the trail of creating a career in the Data Science discipline. This Training is meant to make sure that also to gaining the needful theoretical knowledge, the compendiums gain sufficient hands- on practice of the word Data Science profession. relatively a training institute, the Training program is the right approach to prompt employment in Data Science. India is growing digitally every day. The demand for Data Science is growing big a day. The benefits of a knowledge Data Science Basic Training Program are in numerous, beginning with the chance to figure with professionals within the field, up to p
WHAT IS INVESCO INDIA FLEXI CAP FUND NFO?
NFO review: Invesco India Flexi Cap Fund
Invesco Mutual Fund has floated a new fund offer for the launch of its Flexi-cap fund. The fund will dynamically manage its equity holdings across large-cap, mid-cap, and small-cap stocks.
The new fund offer (NFO) is open for subscription since January 24, 2022, and will close on February 7, 2022. The fund will be managed by Taher Badshah and Amit Nigam. The fund is benchmarked against S&P BSE 500 TRI
On September 11, 2020, SEBI came out with a circular for multi-cap schemes, wherein it asked fund houses to invest a minimum of 25 per cent in all large-, mid- and small-cap market segments. Majority of the AMCs exercised the option of converting their existing multi-cap scheme into a flexi-cap in order to retain flexibility in their existing portfolio mandate to dynamically invest across market-caps. Invesco was one of the few AMCs that decided to comply with the new regulation for multi-caps and hence ended up having no offerings in the new flexi-cap category.
Since the regulation came into effect, we are seeing many fund companies looking to fill the gap in their product line-up either in the multi-cap category or, as in Invesco's case, the flexi-cap segment
WHAT IS THE STRTEGY OF THIS COMPANY?
Flexi-cap funds enjoy a greater degree of flexibility as they don't have any restrictions regarding the minimum allocation to any market-cap segment. However, most flexi-cap funds tend to have a lower allocation to mid- and small-cap stocks than the large-cap stocks.
The performance comparison of an average regular plan of flexi-cap funds and the S&P BSE 500 TRI reveals that the former was an outperformer on a five-year rolling return basis till about the middle of 2019. Of late, the regular plans of most of the flexi-cap funds are trailing the benchmark.
About the fund manager
The fund will be managed jointly by Taher Badshah and Amit Nigam. The duo also manages the ESG scheme of the fund house together.
Taher holds a Master's in management studies (MMS), with specialisation in finance from S.P. Jain Institute of Management and a B.E. degree in electronics engineering from the University of Mumbai. With over 26 years of experience in the Indian equity markets, he is the CIO-Equities at Invesco. He joined the AMC after his six-year-long stint at Motilal Oswal Asset Management where he was the Head of Equities. In the past, he has also worked with Kotak Mahindra Investment Advisors, ICICI Prudential Asset Management, Alliance Capital Asset Management, etc.
Amit Nigam holds a PGDBM degree with specialisation in finance from IIM Indore and a B.E. degree in mechanical engineering from IIT, Roorkee. He comes with more than 20 years of experience in Indian equity markets and has had stints at Essel Finance AMC Ltd (as Head of Equities) which is now Navi AMC Ltd, BNP Paribas Asset Management India Pvt Ltd (as Fund Manager), etc.
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