MUTUAL FUNDS
Invesco Mutual Fund introduces Choti SIP facility
Aug-01-2025

Invesco Mutual Fund has decided to introduce Choti Systematic Investment Plan (SIP) facility (‘Choti SIP’) under the eligible schemes of Invesco Mutual Fund with effect from August 1, 2025.

The key features of Choti SIP are as follows: 

1. Eligible schemes of the Fund: Invesco India Flexi Cap Fund, Invesco India Large & Mid Cap Fund, Invesco India Contra Fund, Invesco India Focused Fund, Invesco India Multicap Fund, Invesco India Large-cap Fund, Invesco India Balanced Advantage Fund, Invesco India Aggressive Hybrid Fund, Invesco India Equity Savings Fund, Invesco India Multi Asset Allocation Fund and Invesco India Gold ETF Fund of Fund. 

2. Investors can opt for the Choti SIP with an investment amount of Rs 250 per SIP. 

3. Choti SIP will be available only to investors new to Mutual Fund industry and will be restricted to three SIPs (one each in upto 3 Asset Management Companies). Investor who initiates any SIP other than Choti SIP or makes lumpsum investment shall not be considered as a Choti SIP investor for any subsequent investments at industry level. However, SIPs that were Choti SIP at the time of investment shall continue as Choti SIP.

4. Choti SIP will be available only under the Growth option of eligible schemes. 

5. The frequency of Choti SIP will be monthly and minimum commitment shall be of 60 installments. However, in case the Investor desires to stop SIP or withdraw the investments prematurely, there will be no restriction and exit load shall be applicable as per the provisions mentioned in the Scheme Information Documents (‘SIDs’) of eligible Schemes. 

6. The mode of payment under Choti SIP can be only through National Automated Clearing House (NACH) and Unified Payment Interface (UPI) auto pay facility. 

7. The date for Choti SIP can be any date between 1st to 28th of a month. In case of any mandates received between the dates 29th to 31st of a month, Choti SIP will commence from 1st of the subsequent month. Instalment under Choti SIP will be processed on Business Days only. If the instalment under Choti SIP falls on a non-business day or on book closure period, it will be carried forward to the next business day.

8. Top-up, Pause SIP and Modify facility will not be available under Choti SIP.

The AMC reserves the right to modify the list of eligible Schemes from time to time. All other features, terms & conditions of SIP applicable to the eligible schemes will also be applicable to Choti SIP.

Pursuant to above changes, necessary changes will be carried out at relevant places in Statement of Additional Information (‘SAI’) of the Fund and Scheme Information Document(s) (‘SIDs’) and Key Information Memorandum(s) (‘KIMs’) of the above-mentioned schemes of the Fund. 

All other terms & conditions of the SAI of the Fund, SIDs and KIMs of the above-mentioned Schemes of the Fund will remain unchanged. This addendum forms an integral part of the SAI of the Fund, SIDs / KIMs of the above-mentioned Schemes of the Fund, as amended from time to time.


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