ITI Mutual Fund has launched a new fund named as ITI Long Term Equity Fund, An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 15 July 2019 to 14 October 2019.
The investment objective of the Scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related securities.
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