ITI Mutual Fund launches Dynamic Bond Fund indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
The scheme will invest in undervalued stocks over a long period of time. Minimum application amount in the scheme is Rs 5,000 and multiples of Rs 1 thereafter.
ITI MF launches Value Fund NFO
May 25, 2021
ITI Mutual Fund has launched the new fund offer of Value Fund. The NFO, which opened for subscription on May 25, will close on June 8. The open-ended ITI Value Fund will invest in a portfolio of equity and equity-related instruments. George Heber Joseph, CEO, said the Value Fund aims to generate long term capital appreciation by identifying undervalued stocks that have the potential to offer superior risk-adjusted returns“We are focusing on T30 towns and few B30 locations from where we have got good traction in the past,” said Joseph.
Published on
May 25, 2021
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