ITI Small Cap Fund
The new fund offer of ITI Small Cap Fund is open from January 27 and it will close for subscription on February 10.
By ET Online |
iStock
- What is ITI Small Cap Fund NFO?
It is a new fund launch from ITI Mutual Fund. The new fund is a new small cap mutual fund that will invest mostly in small cap stocks. - When will the NFO open for subscription?
The NFO is open from January 27 and it will close for subscription on February 10. - Where will the scheme invest?
The scheme will have a minimum 65% allocation in equity and equity-related instruments of small cap companies and a maximum of 35% in other than small cap companies, debt and money market instruments. - What is the investment strategy of the fund?
The fund house follows an investment philosophy 'SQL' - S - Margin of Safety, Q - Quality of the business and L - Low Leverage - while selecting stocks. The fund is benchmark and sector agnostic and at the time of purchase the fund will stick to small cap universe only as defined by Amfi. - What is the minimum investment required?
The minimum initial investment in the scheme is Rs 5,000 and in multiples of Re 1 after that. The additional investment amount is Rs 1,000 and in multiples of Re 1 thereafter. - Who are the fund managers of the scheme?
The fund will be jointly managed by George Heber Joseph and Pradeep Gokhale.
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