MUTUAL FUNDS
ITI MF introduces Pharma and Healthcare Fund
Oct-18-2021

ITI Mutual Fund (MF) has launched the ITI Pharma and Healthcare Fund, an open-ended equity scheme investing in Pharma and Healthcare. The NFO opens for subscription on October 18, 2021 and closes on November 01, 2021. The Entry load is not applicable for the scheme. The Exit load will be 1%, if redeemed or switched out on or before completion of 12 months from the date of allotment of units and nil, if redeemed or switched out after completion of 12 months from the date of allotment of units. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against Nifty Healthcare Total Return Index (TRI) and its fund managers are Pradeep Gokhale, Rohan Korde and Hetal Gada.

The investment objective of the scheme is to seek to generate long term capital appreciation through investing in equity and equity related securities of companies engaged in Pharma and Healthcare.


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