MUTUAL FUNDS
ITI MF introduces Small Cap Fund
Jan-27-2020

ITI Mutual Fund (MF) has launched the ITI Small Cap Fund, an open ended equity scheme predominantly investing in small cap stocks. The NFO opens for subscription on January 27, 2020 and closes on February 10, 2020. Entry load is nil. Exit load will be 1%, if redeemed or switched out on or before completion of 12 months from the date of allotment of units and Exit load will be nil, if redeemed or switched out after completion of 12 months from the date of allotment of units. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against its performance with Nifty Small cap 100 TRI and its fund managers are George Heber Joseph and Pradeep Gokhale.

The investment objective of the Scheme is to generate capital appreciation by predominantly investing in equity and equity related securities of small cap companies.

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