info@afternoonnews.in +91 98940 - 95096

Today Date : Thursday, July 18, 2024

ITI Mutual Fund launches ITI Flexi Cap Fund

ITI Mutual Fund launches ITI Flexi Cap Fund

ITI Mutual Fund started its operations in April 2019 and has launched 16 mainstream mutual fund products in the market for investors.  ITI Mutual Fund has announced the launch of an NFO- ITI Flexi Cap Fund and the NFO opens today and closes for subscription on February 10, 2023. The Minimum application amount is Rs 5000 and in multiples of Rs. 1 thereafter.

ITI Mutual

The fund will be jointly managed by Mr. Dhimant Shah and Mr. Rohan Korde. ITI Flexi Cap Fund will be benchmarked against Nifty 500 Total Return Index. Announcing the launch of the NFO, Mr. Rajesh Bhatia- Chief Investment Officer, ITI Mutual Fund said, “We have launched ITI Flexi Cap Fund with a view to offer investors the benefit of staying invested across market caps and diverse sectors. 

With capex cycle expected to increase further, investors can get an opportunity to experience the growth curve across many industries.  With proven track record and a sound philosophy of investment, ITI Mutual Fund is focussed on offering investment solutions to all investors with varied risk appetites”.

In a period of less than 4 years, ITI Mutual Fund has launched 16 schemes and is committed to offer best investment experience to mutual fund investors. ITI Mutual Fund has presence over 57 locations (through its branches/ ITI group offices) & has a distributor reach of 19,698 distributors across India.