NFO Alert: Invesco Mutual Fund launches BSE Sensex ETF and Nifty Bank ETF; details inside

Invesco Mutual Fund has launched two open-ended exchange-traded funds (ETFs) today, July 28, according to an official statement.

Invesco BSE Sensex ETF and Nifty Bank ETF subscription dates

The new fund offers (NFOs) are open for subscription from today, July 28, and will close on August 11, 2026.

The minimum investment amount during the NFO period is Rs 5,000, with investments thereafter allowed in multiples of Rs 1.

Invesco India BSE Sensex ETF will make passive investments in equity and equity-related securities replicating the composition of the BSE Sensex Index, subject to tracking errors.
The scheme will invest in companies which are constituents of the BSE Sensex Index in the same weights as in the Index, with an endeavour to track the benchmark index with as low tracking error as possible.

Invesco India Nifty Bank ETF will make passive investments in equity and equity-related securities replicating the composition of the Nifty Bank Index, subject to tracking errors. The scheme will adopt a passive investment strategy, investing in equity and equity-related securities of companies that are constituents of the Nifty Bank Index in the same weights as the index, with a focus on maintaining low tracking error.

Invesco Asset Management (India) is one of the leading asset management companies in India. With over Rs 1,57,943 crore of average assets under management for the quarter ending June 2026 across mutual funds, PMS and offshore advisory, the company serves investment needs of individual investors, corporates and institutions through mutual funds and sub-advised portfolios.

Its expertise extends across equity, fixed income and alternative asset classes, where they offer the complete range of funds designed to suit investment needs.

Recently, ICICI Prudential Mutual Fund launched ICICI Prudential BSE Insurance ETF, an open-ended Index Exchange-Traded Fund tracking the BSE Insurance Index. The NFO was open for subscription till July 28, 2026.

Baroda BNP Paribas Mutual Fund had also launched an open-ended thematic equity scheme – the Baroda BNP Paribas Services Fund. The newly launched fund aims to help investors participate in the long-term growth of India’s rapidly expanding services economy. The NFO’s last date for subscription is July 28, 2026.