ITI Mutual Fund has launched ITI Value Fund, an open-ended equity scheme that will invest in a portfolio of equity.
In a press release, George Heber Joseph, CEO and CIO, ITI Mutual Fund said, “With value fund, we aim to generate long term capital appreciation by identifying undervalued stocks which have the potential to offer superior risk-adjusted returns in the long term on a consistent basis. The scheme is ideal for those who are looking long term returns and follow value- based investment strategy.”
Currently, the fund house manages AUM of close to Rs.1200 crore as on March 2021. The fund house has empanelled more than 13000 MFDs and set up 25 branch offices.
