Invesco Mutual Fund has launched a new Invesco India Consumption Fund (open-ended equity scheme) aimed at riding India’s domestic consumption story. The mandate intends to allocate at least 80% of its assets into equities and equity-related instruments of companies benefiting from rising consumption trends in India.
With consumer sectors like FMCG, discretionary retail, and rural demand expected to drive growth, the fund’s launch taps into investor appetite for theme-based investments. The scheme could see strong traction if performance aligns with consumption momentum.
