Should You Park Your Savings In ‘Invesco India Equity Savings Fund’?

Invesco India Mutual fund is out with an open-ended equity savings scheme, Invesco India Equity Savings Fund (IIESF). Considering the current volatile markets stocks picking is difficult. Equity savings fund relatively a new subcategory of hybrid fund posts the recategorization norms offers flexibility to invest in equity (hedged and unhedged), debt & money market instruments and to reduce volatility would choose arbitrage opportunities.