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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