Greeting To All Our Readers! 


NFO Alert-

“ITI Asset Management Limited today launched a sectoral/thematic fund. The fund is open for subscription between October 18, 2021, and November 1, 2021”.


Read below for more details about the NFO!


Basic Details About The NFO…

  • Fund Name- ITI Pharma and Healthcare Fund.
  • Type- An open-ended equity scheme investing in Pharma, Healthcare, Diagnostic, and allied sectors.
  • Subscription open date- 18th October 2021.
  • Subscription close date- 1st November 2021.
  • Benchmark- Nifty Healthcare Total Return Index.
  • Minimum Amount for Application during NFO- Rs 5000 and in multiples of Rs 1 after that.
  • Minimum Additional Purchase Amount- Rs 1000 and in multiples of Rs 1 after that.
  • Plans- The Scheme will have two Plans i.e., a Direct Plan and Regular Plan with a common portfolio and separate NAVs.
  • Options Available- Both Growth and Income Distribution Cum Capital Withdrawal Option (ICDW)


Investment Objective…….

The new NFO launched is an open-ended equity scheme investing in Pharma, Healthcare, Diagnostic, and allied sectors.

The investment objective of the scheme is to seek to generate long-term capital appreciation through investing in equity and equity-related securities of companies benefitting directly or indirectly in Pharma, Healthcare, Diagnostic, and allied sectors. However, there can be no assurance that the investment objective of the scheme would be achieved.


Exit Load Trends In The NFO……

The fund has no entry load however it has different terms for exit load listed below:

  • If redeemed / switch-out within 12 months from date of allotment of units - 1%.
  • If redeemed / switch-out after 12 months from date of allotment of units – Nil


Asset Allocation Strategy Of The NFO………..




Fund Managers Of The NFO…….

The fund managers appointed to manage the asset allocation in the new NFO are Mr. Pradeep Gokhale and Mr. Rohan Korde. 


Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions. 


Keep reading our article and stay updated with the latest news about Mutual Funds!

For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.


Happy Investing!


(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).