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ITI Mutual Fund is launching a new fund offer – ITI Dynamic Bond Fund. This mutual fund is open for subscription between June 25 and July 9, 2021.

Read on to find out more about the NFO.

Investment Objective

The investment objective of the Scheme is to maximise returns through active management of a portfolio comprising of debt and money market instruments. However, there can be no assurance that the

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  • Enjoy 0% commission
  • SIP starting at ₹500

the investment objective of the scheme will be achieved.

Indicative Asset Allocation

Types of Instruments  Indicative allocation  (% of total assets)  Risk Profile
Minimum Maximum High/Medium/Low
Debt and Money Market Instruments across duration 0% 100% Low to medium
Units issued by REITs and InvIT 0% 10% Medium to high

Fund Details

Scheme name ITI Dynamic Bond Fund
Type of scheme An open-ended dynamic debt scheme investing across duration.
NFO Dates June 25, 2021, to July 9, 2021
Fund Managers Vikrant Mehta
Benchmark CRISIL Dynamic Debt Index
Minimum Amount for Application during NFO Rs.5,000 and in multiples of Re. 1/- after that.  
Minimum Additional Application Amount Rs.1,000 and in multiples of Re. 1/- after that.
Minimum Redemption Amount Rs 1,000 and in multiples of Rs 1 after that or the account balance, whichever is lower.

No minimum redemption criterion for unit-based redemption.

Load a) Entry Load: Not Applicable 

b) Exit Load: Nil

Plans Direct and Regular
Options
  1. Growth
  2. Monthly Payout and Re-investment of Income Distribution Cum Capital Withdrawal Option(IDCW-Monthly Payout) 
  3. IDCW-Quarterly Payout and Reinvestment
  4. IDCW-Half Yearly Payout and Reinvestment
  5. IDCW-Yearly Payout and Reinvestment
Minimum SIP Amount Rs 500 and in multiples of Rs 1 after that
(Please note that SIP is not allowed during the NFO period)

Benchmark

CRISIL Dynamic Debt Index comprises of CRISIL Sub Indices that track Gilts and AAA / AA / AA+ papers across short, medium and Long term maturity profiles.

Fund Manager

Mr. Vikrant Mehta has more than 25 years of experience in fixed income markets. He has been associated with this AMC since January 2021.

Before ITI AMC, he was associated with organizations like Indiabulls AMC, PineBridge, NVS

Brokerage Private Ltd and JM Morgan Stanley Fixed Income Securities Pvt. Ltd.

Other funds managed by him:

  • ITI Ultra Short Duration Fund

Co-Fund Manager of:

  • ITI Liquid Fund
  • ITI Overnight Fund
  • ITI Arbitrage Fund
  • ITI Banking & PSU Debt Fund

Mutual Investments are subject to market risks, read all scheme related documents carefully

Happy Investing!

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Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.