Comments
ITI Mutual Fund has launched a New Fund Offer of Dynamic Bond Fund. The NFO, which opened on Friday, will close on July 9. The bond fund will be benchmarked against CRISIL Dynamic Debt Index.
The fund’s objective is to maximise returns by actively managing a portfolio comprising of debt and money market instruments. The fund will follow a structured strategy that offers investors the benefit of dynamic fund management through flexible asset allocation and active duration management.
George Heber Joseph, Chief Executive Officer, ITI Mutual Fund, said the new fund would address the needs of investors looking for an all-seasons product that aims to provide steady returns by investing in debt and money market instruments.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.