ITI Mutual Fund has launched ITI Dynamic Bond Fund.
In a press release, George Heber Joseph, CEO and CIO, ITI Mutual Fund said, “With the fund, we target to address the needs of investors who are looking for an all-seasons product which aims to provide steady returns by investing in debt and money market instruments.”
He further said, “Our transparent communication and intense engagement with our partners across India have helped us to establish ourselves comfortably in the market place. We are focusing on T30 towns and few B30 locations from where we have got good traction in the past,” Joseph added.
Within a span of 2 years, the fund house has empanelled close to 14,000 MFDs. Currently, the fund house manages AUM of Rs.1200 crore as on March 2021.
