ITI Large Cap Fund NFO
ITI Mutual Fund has announced the launch of ITI Large Cap Fund. The scheme would be investing in equity and equity-related securities of large-cap companies based on market capitalization.
The New Fund Offer (NFO) starts from 04th December 2020 and will end on 18th December 2020.
Investment Objective
The investment objective of the scheme is to invest in Equity and equity-related securities of large-cap companies based on the market capitalization to generate long-term capital growth.
Why Large Cap Companies?
- Large-cap companies are among the top 100 large-cap stocks based on market capitalization as per AMFI classification.
- They are the market leaders in their respective sectors.
- They have stable and good business models and have an attractive track record.
- Large-cap companies have the ability to stand in economic downturns and carry good growth prospects.
Features
- The Fund will be investing 80-100% of its assets in equity and equity-related securities of the large-cap companies based on the market capitalization.
- The Fund will only invest in a maximum of 40 stocks.
- The Fund aims to invest in good and renowned companies, which everyone understands as well.
Why invest in ITI Large Cap Fund?
Reasons to invest in ITI Large Cap Fund:
- The fund aims to build a diversified and superior quality portfolio by investing in equity and equity-related securities of large-cap companies.
- The fund will invest in sectors which are core to the economy.
- Investments will be done in the companies which can attract global investments.
- The fund will invest in companies which meet the SQL investment philosophy.
Who Should Invest?
This scheme is suitable for investors who are -
- Interested in long term capital growth.
- Interested in investing in an equity scheme which invests in equity and equity-related securities of large-cap companies in the market.
- Recommended for investors with an investment horizon of 5+ years.
Asset Allocation Pattern-
| Instruments | Minimum % of total assets (Indicative) | Maximum % of total assets (Indicative) | Risk Profile |
| Equity and equity related securities of large cap companies. | 80 | 100 | High |
| Equity and equity related securities of other companies. | 0 | 20 | High |
| Debt and money market instruments | 0 | 20 | Low to Moderate |
| Units that are issued by REITs and INVITs | 0 | 10 | Moderate to High |
About the scheme-
| Name of the fund | ITI Large Cap Fund |
| Fund launched by | ITI Mutual Fund |
| Asset Management Company | ITI Asset Management Limited |
| Type of scheme | An open-ended equity scheme investing in stocks of large cap companies. |
| Investment Objective | The investment objective of the scheme is to generate long term capital growth through investments in equity & equity related securities of large cap companies. |
| Benchmark | NIFTY 100 TRI |
| Entry Load | Not Applicable |
| Exit Load | 1% of applicable NAV - If units are redeemed or switched out within 12 months. Nil - If units are redeemed or switched out after 12 months. |
| Minimum Application Amount | ₹ 5,000 & in multiple of ₹ 1 thereafter |
| Minimum Additional Amount | ₹ 1,000 & in multiple of ₹ 1 thereafter |
| STP & SWP | Available |
| Plans Available |
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| Options |
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| Fund Managers | Mr. George Heber Joseph and Mr. Pradeep Gokhale |
SIP Details
| Type | Minimum Installments | Minimum Amount |
| Weekly SIP | 1 month | Rs.500 & in multiple of Rs.1 thereafter |
| Monthly SIP | 12 | Rs.500 & in multiple of Rs.1 thereafter |
| 6 | Rs.1,000 & in multiple of Rs.1 thereafter | |
| Quarterly SIP | 12 | Rs.500 & in multiple of Rs.1 thereafter |
| 6 | Rs. 1,000 & in multiple of Rs.1 thereafter |