ITI Mutual Fund launches ITI Focused Equity Fund

NFO period: 29^th May – 12^th June, 2023

Highlights of the NFO:

• Scheme type – An open ended equity scheme investing in maximum 30 stocks across market capitalization


• Investment objective – The investment objective of the scheme is to seek to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of upto 30 companies across market capitalization. However, there can be no assurance that the investment objective of the scheme would be achieved.


• Product suitability – The product is suitable for investors who are seeking capital appreciation over long term by investing in a concentrated portfolio of equity & equity related instruments of up to 30 companies.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers – Mr. Dhimant Shah, Mr. Rohan Korde and Mr. Tanay Gabhawala


• Benchmark – Nifty 500 Total Return Index