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ITI Mutual Fund has launched the new fund offer of Value Fund. The NFO, which opened for subscription on May 25, will close on June 8. The open-ended ITI Value Fund will invest in a portfolio of equity and equity-related instruments. George Heber Joseph, CEO, said the Value Fund aims to generate long term capital appreciation by identifying undervalued stocks that have the potential to offer superior risk-adjusted returns“We are focusing on T30 towns and few B30 locations from where we have got good traction in the past,” said Joseph.
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