Description
The ITI Large & Mid Cap Fund is a new offering from ITI Mutual Fund under ITI Asset Management Ltd. This open-ended scheme invests in a mix of large-cap and mid-cap stocks, making it suitable for investors seeking long-term capital growth with a high-risk appetite. The New Fund Offer (NFO) runs from August 21 to September 04, 2024, with an initial price of Rs. 5000.
Key Highlights:
- Investment Focus: 70-100% in large-cap and mid-cap equities.
- NFO Period: August 21 to September 04, 2024.
- Minimum Investment: Rs. 5000.
- Exit Load: 0.5% if redeemed within 90 days; Nil after.
- Benchmark: Nifty Large - Midcap 250 Index (TRI).
- Risk: Very High.
The fund is managed by Vishal Jajoo and Rohan Korde, aiming to deliver long-term capital appreciation by investing in a diversified portfolio. Before investing, consider your financial goals and risk tolerance.
For more details and updates, stay tuned to our NFO blog!
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