ITI Mutual Fund has launched the ITI Flexi Cap Fund. The NFO is currently open and it will close for subscription on February 10. The fund will be jointly managed by Dhimant Shah and Rohan Korde. ITI Flexi Cap Fund will be benchmarked against Nifty 500 Total Return Index.
The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The fund will invest predominantly in equity and equity related instruments across market capitalisation- large cap, mid cap and small cap companies.
“We have launched ITI Flexi Cap Fund with a view to offer investors the benefit of staying invested across market caps and diverse sectors. With the capex cycle expected to increase further, investors can get an opportunity to experience the growth curve across many industries. With a proven track record and a sound philosophy of investment, ITI Mutual Fund is focussed on offering investment solutions to all investors with varied risk appetites,” says Rajesh Bhatia- Chief Investment Officer, ITI Mutual Fund.
