ITI Mutual Fund is an asset management company promoted by the Investment Trust of India Ltd. The asset management company (AMC) hosts a myriad of mutual fund schemes for investors to choose from, and leverage from the decades of rich industry experience of the fund managers.
The AMC uses a comprehensive strategy while making investment decisions and formulating a portfolio. It optimally allocates resources amongst various asset classes to mitigate risks, based on thorough research of macroeconomic, technical and market trends.
Mutual Funds Offered by ITI Asset Management Company
ITI AMC suggests that investors should start investing early in life, so as to take proper advantage of the power of compounding and accomplish your goals sooner. It also recommends its investors to have a diversified portfolio consisting of appropriate allocation to equity, debt and hybrid funds. Below mentioned are mutual fund schemes that belong to each of three categories:
1. ITI Equity Mutual Funds
Equity Mutual Funds primarily invest in equity and equity related instruments of large-cap, mid-cap and small-cap companies. Since returns from equities are linked to market fluctuations, equity funds carry high risk on investment. These funds are perfect for investors looking for long term capital appreciation. Here is a list of Equity Mutual Funds offered by ITI AMC:
|ITI Multi cap Fund||9.41||Invest Now|
|ITI Long Term Equity Fund||8.77||Invest Now|
|ITI Small Cap Equity Fund||Invest Now|
2. ITI Debt Mutual Funds
Debt Mutual Funds predominantly invest in debt securities that generate fixed income. Investors looking to park their money for short term and earn substantial returns on the same can consider investing in these funds. Here is a list of ITI Debt Mutual Funds:
- ITI Liquid Fund
- ITI Overnight Fund
3. ITI Hybrid Mutual Funds
Hybrid Mutual Funds invest in a mix of equity and debt securities. These funds are relatively less risky when compared to Equity Mutual Funds since risk from equity investment is balanced by a significant exposure to debt instruments. Here is a list of Hybrid Funds offered by ITI AMC:
- ITI Arbitrage Fund
- ITI Balanced Advantage Fund
How to Invest in ITI Mutual Funds?
There are two ways through which a person can invest in mutual fund schemes offered by ITI Asset Management Ltd:
You can invest in Mutual Funds offered by ITI AMC online seamlessly through their website.
This conventional mode of investment requires an investor to fill a form and submit it at the nearby branch of the fund house (ITI AMC), or invest through a broker.
How to Complete Your KYC Check for ITI Mutual Fund
KYC (Know Your Customer) is a one-time customer identification process and a mandatory compliance requirement for investors who wish to invest in mutual funds. It has been made compulsory by the capital markets regulator SEBI (Securities and Exchange Board of India) for mutual fund investments in order to curb fraudulent activities.
The KYC Process can be initiated and completed with any of the following SEBI-registered intermediaries:
- The Fund House (Asset Management Company)
- KYC Registration Agency (KRA) such as CAMS, Karvy, CSDL (Central Depository Services Limited) Ventures, NSDL (National Securities Depository Limited) and NSE-owned (National Stock Exchange) DotEx International Limited
To complete your KYC online, follow these steps, and you’ll be good to go:
Step 1: Visit the website of ITI Mutual Fund or any of the above-mentioned KRA’s website and create an investor account by filling in your personal details and your Aadhaar-linked mobile number so that you can verify the account using that OTP.
Step 2: Upload self-attested copies of your Identity Proof and Address Proof.
That’s all. Your eKYC process is done!
Fund Managers of ITI Asset Management Company
- George Heber Joseph
With two decades of industrial experience in Equity Research and Fund Management, George Joseph manages the entire business of ITI Asset Management Ltd. Being a qualified Chartered Accountant, he is recognized in the industry for his focus on extensive bottom-up research and stock picking capabilities.
- Pradeep Gokhale
He is the Senior Fund Manager & Head of Research of ITI AMC. He brings in 23 years of quality industrial experience in Equity Research, Credit Evaluation, Fund Management and the likes. He is a Chartered Financial Analyst and a qualified CA, and has taken the AMC’s funds’ performance to great heights and has delivered substantial returns.
- Milan Mody
Milan Mody is the fund manager for Fixed Income vertical at ITI fund house. He is an MBA graduate in Finance and brings in 16 years of professional experience related to fixed income investment.
Frequently Asked Questions
Q. What is an Asset Management Company (AMC)?
A. AMC is an organisation which manages the pooled funds from numerous investors and invests them in various financial securities to generate returns.
Q. What is Net Asset Value (NAV)?
A. Net Asset Value measures the performance of an individual mutual fund scheme of an AMC. In essence, it is the market valuation of the securities the fund has invested in. So, the NAV per unit is derived from dividing the total market value of all the invested securities by the total number of units issued. Since, the number of unit holders and valuation of securities change everyday, the NAV of a mutual fund also changes accordingly.
Q. What is Expense Ratio?
A. Expense Ratio refers to a small amount of fee charged by Asset Management Companies annually to manage investors’ assets. It covers the operating and managing cost incurred by the AMC. It is a percentage of the total assets invested by the investor.
Q. What is Entry Load?
A. When an investor purchases units of a mutual fund scheme for the first time, s/he is charged a small amount of processing fee by the Asset Management Company which is known as an Entry Load.
Q. What is Exit Load?
A. When investors redeem their investment from a mutual fund scheme, s/he is charged a small amount of processing fee which is known as an Exit Load. It is also charged when investors choose to switch between different mutual fund schemes of a specific AMC.