MUTUAL FUNDS
ITI MF introduces Large Cap Fund
Dec-04-2020

ITI India Mutual Fund (MF) has launched ITI Large Cap Fund, an open-ended Equity Scheme predominantly investing in Large Cap stock. The NFO opens for subscription on December 04, 2020, and closes on December 18, 2020. The Entry load is not be applicable for the scheme. The 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 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 Rs 1 thereafter.

The performance of the Scheme will be benchmarked against to Nifty 100 TRI and the fund managers are George Heber Joseph and Pradeep Gokhale.

The investment objective of the Scheme is to seek to generate long term capital appreciation by predominantly investing in equity and equity related securities of large cap stocks.


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