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News ITI Mutual Fund launches ITI Bharat Consumption Fund
Feb 6, 2025
Mutual Fund
ITI Mutual Fund launches ITI Bharat Consumption Fund
NFO period: 06th February - 20th February, 2025
Highlights of the NFO:
- Scheme type - An open ended equity scheme following consumption theme
- Investment objective - To generate long-term capital appreciation by investing primarily in Equity and Equity related securities of companies engaged in consumption and consumption related activities or allied sectors. However, there can be no assurance that the investment objective of the scheme would be achieved.
- Product suitability - This product is suitable for investors who are seeking capital appreciation over long term by investing predominantly in equity and equity related instruments of companies that are likely to benefit directly or indirectly from the domestic consumption led demand.
- 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 Dividend Option (with Reinvestment and Payout options).
- Fund Managers - Mr. Rohan Korde, Mr. Dhimant Shah and Mr. Rajesh Bhatia
- Benchmark - Nifty India Consumption (TRI)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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