ITI Mutual Fund launches Dynamic Bond Fund

ITI Mutual Fund has launched the ITI Dynamic Bond Fund. The NFO opens on June 25 and closes on July 9, 2021. The minimum application amount is Rs 5,000 and multiples of Re 1 thereafter. The bond fund will be benchmarked against CRISIL Dynamic Debt Index.

According to the press release, the objective of the fund is to maximise returns through an active management of portfolio comprising of debt and money market instruments. The fund will follow a strategy that is structured in a manner that offer investors the benefit of dynamic fund management through flexible asset allocation and active duration management.

“We are focussed on offering a unique investment experience to investors through our schemes and fund management. With ITI Dynamic Bond Fund, we target to address the needs of investors who are looking for an all-seasons product which aims to provide steady returns by investing in debt and money market instruments,” George Heber Joseph, Chief Executive Officer (CEO) and Chief Investment Officer (CIO), ITI Mutual Fund said


ITI Mutual Fund has till date launched 12 schemes - ITI Multi Cap Fund, ITI Long Term Equity Fund (ELSS- Tax Saving Fund), ITI Arbitrage Fund, ITI Liquid Fund, ITI Overnight Fund, ITI Balanced Advantage Fund, ITI Small Cap Fund, ITI Banking & PSU Debt Fund, ITI Large Cap Fund, ITI Mid Cap Fund, ITI Ultra Short Duration Fund and ITI Value Fund. ITI Dynamic Bond Fund is the 13th NFO that the fund house is launching. Its previous NFOs have received excellent response from mutual fund investors.