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ITI Large Cap Fund NFO - Investment Objective, Risk, Returns, Entry & Exit Load

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Manish Kothari
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Manish Kothari
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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?

  1. Large-cap companies are among the top 100 large-cap stocks based on market capitalization as per AMFI classification.
  2. They are the market leaders in their respective sectors.
  3. They have stable and good business models and have an attractive track record.
  4. 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-

InstrumentsMinimum % of total assets (Indicative)Maximum % of total assets (Indicative)Risk Profile
Equity and equity related securities of large cap companies.80100High
Equity and equity related securities of other companies.020High
Debt and money market instruments020Low to Moderate
Units that are issued by REITs and INVITs010Moderate to High

About the scheme-

 

Name of the fundITI Large Cap Fund
Fund launched byITI Mutual Fund 
Asset Management CompanyITI Asset Management Limited
Type of schemeAn open-ended equity scheme investing in stocks of large cap companies.
Investment ObjectiveThe investment objective of the scheme is to generate long term capital growth through investments in equity & equity related securities of large cap companies.
BenchmarkNIFTY 100 TRI
Entry LoadNot 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 & SWPAvailable
Plans Available
  • Regular
  • Direct
Options
  • Growth
  • Dividend Payout
  • Dividend Reinvestment
Fund ManagersMr. George Heber Joseph and  Mr. Pradeep Gokhale

SIP Details

Type Minimum InstallmentsMinimum Amount
Weekly SIP1 monthRs.500 & in multiple of Rs.1 thereafter
Monthly SIP12Rs.500 & in multiple of Rs.1 thereafter
6Rs.1,000 & in multiple of Rs.1 thereafter
Quarterly SIP12Rs.500 & in multiple of Rs.1 thereafter
6Rs. 1,000 & in multiple of Rs.1 thereafter

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