ITI Mutual Fund launches ITI Liquid Fund

NFO period: 24^th April – 24^th April, 2019

Highlights of the NFO:

• Scheme type – An open ended liquid scheme


• Investment objective – The investment objective of the scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be realised.


• Product suitability – The product is suitable for investors who are seeking income over short-term by investing in money market and debt instruments.


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


• Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Dividend Option.


• Fund Managers – Mr. Milan Mody and Mr. George Heber Joseph


• Benchmark – CRISIL Liquid Fund Index