Invesco Mutual Fund's name has vanished from the latest Knowledge Marine & Engineering Works Limited filing, where Invesco Mutual Fund last held 1.46 percent, indicating either a complete exit or a trim below the 1 percent reporting threshold.
A dredging services provider incorporated in 2015, Knowledge Marine & Engineering Works operates and owns marine vessels for dredging operations across Indian waters and coastal regions. The company also offers comprehensive repair, maintenance, and refitting services for marine craft and infrastructure, serving ports, shipping clients, and maritime development projects. Its integrated business spans vessel ownership, dredging execution, and specialized marine infrastructure support services.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
