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ITI Mutual Fund launches ITI Conservative Hybrid Fund

by News Team | Mutual Fund

NFO period: 21st February - 07th March, 2022

Highlights of the NFO:

  • Scheme type - An open ended hybrid scheme investing predominantly in debt instruments

  • Investment objective - The scheme seeks to generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equity and equity related instruments. However, there can be no assurance that the investment objective of the scheme will be realized.

  • Product suitability - The product is suitable for investors who are seeking capital appreciation while generating income over medium to long term by investing in debt and money market instruments and equity and equity related securities.

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

  • Plan/ Options available - Regular plan & Direct 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. Vikrant Mehta and Mr. Pradeep Gokhale

  • Benchmark - Nifty 50 Hybrid Composite Debt 15:85 Total Return Index (1st tier benchmark)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)