| Launch date | 25 May 2021 |
| Allotment date | 14 Jun 2021 |
| End date | 08 Jun 2021 |
| NAV | ₹10.00 |
Fund Overview
Overview of ITI Value Fund Direct - Growth - NFO
Expense ratio, exit load and tax
Expense ratio: 0.32%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹5,000 |
| Min. for SIP | ₹500 |
Fund management
Rohan KordeMay 2021 - PresentView details
Rohan Korde
May 2021 - Present
View details
Education
Mr. Korde is a Masters in Management Studies (Finance), Bachelor of Commerce
Experience
Prior to joining Asset Management Limited, he has worked with BOB Capital Markets as Vice President Research, Prabhudas Lilladher as Vice President Research and Anand Rathi Share & Stock Brokers as Vice President Research.
Also manages these schemes
Hetal GadaApr 2022 - PresentView details
Hetal Gada
Apr 2022 - Present
View details
Education
Ms. Gada has done MBA (Finance)
Experience
Prior to joining ITI AMC, she worked with Centrum where she handled research in auto and consumer sector. Prior to that, she worked with Elara Securities for 2 years and CRISIL for more than 3 years, both where she handled research on various sectors including metals.
Also manages these schemes
Pratibh AgarwalApr 2022 - PresentView details
Pratibh Agarwal
Apr 2022 - Present
View details
Education
Mr. Agarwal is a Masters of Technology (IIT Kanpur)
Experience
Prior to joining ITI Asset Management, he has worked with Nippon India Asset Management as Research Associate, Yoctel Solutions Ltd. as Senior Consultant, Alcatel Lucent Ltd as Engineer.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | NA |
|---|---|
| Total AUM | ₹2,701.12Cr |
| Date of Incorporation | 14 May 2018 |
|---|
ITI Value Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by ITI Mutual Fund. This scheme was made available to investors o
| Fund benchmark | NA |
|---|
Fund house contact details
Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
1800-266-9603 / 022-66214999
Launch Date
14 May 2018
E-mail
[email protected]Website
NA