| Launch date | 25 May 2021 |
| Allotment date | 14 Jun 2021 |
| End date | 08 Jun 2021 |
| NAV | ₹10.00 |
Fund Overview
Expense ratio, exit load and tax
Expense ratio: 0.46%
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.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Dhimant ShahDec 2022 - PresentView details
Rohan KordeMay 2021 - PresentView details
Tanay GabhawalaOct 2022 - PresentView details
Fund house & investment objective
| Rank (total assets) | NA |
|---|---|
| Total AUM | ₹4,771.10Cr |
| 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 on 14 May 2018. Pradeep Gokhale is the Current Fund Manager of ITI Value Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹4,771 Cr and the Latest NAV as of 14 Jun 2021 is ₹10.00. The ITI Value Fund Direct - Growth - NFO is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 1% if redeemed within 3 months. ;
| Fund benchmark | NA |
|---|