About ITI Mutual Fund
Key information about ITI Mutual Fund
Company Background: ITI Mutual Fund is a subsidiary of ITI Asset Management Limited, a leading financial services company in India. The company aims to provide investors with a wide range of mutual fund schemes to suit their investment goals and risk profiles.
Range of Schemes: ITI Mutual Fund offers a diverse range of mutual fund schemes across different asset classes. They provide equity funds, debt funds, hybrid funds, and other specialized funds to cater to the varying needs of investors.
Investment Philosophy: ITI Mutual Fund follows a research-driven investment approach, combining fundamental analysis with quantitative tools. Their experienced fund managers aim to identify investment opportunities based on in-depth research, market trends, and risk assessment.
Investor-Centric Approach: ITI Mutual Fund prioritizes the interests of their investors. They aim to deliver consistent performance and generate long-term wealth for their investors by adhering to strict risk management practices and focusing on capital preservation.
How can you invest in ITI Mutual Fund
Online Investment: Investors can easily invest in ITI Mutual Fund schemes online through their official website or authorized online platforms. They need to complete the registration process, fulfill the KYC (Know Your Customer) requirements, select the desired scheme(s), and make the investment using different payment options.
Offline Investment: Investors can also invest offline by visiting the nearest ITI Mutual Fund branch or authorized distributor. They can obtain the application form, fill it out with the necessary details, submit the required documents, and make the payment through cheque or demand draft.
Distributor Network: ITI Mutual Fund has a network of authorized distributors across India. Investors can approach these distributors to seek guidance, understand the investment options, and complete the investment process.
How to sell ITI Mutual Fund
Contact the ITI Mutual Fund
Company: Reach out to ITI Mutual Fund Company through their customer
service helpline, email, or website. They will guide you on the process and
provide the necessary instructions.
Verify Your Identity: As a
standard procedure, ITI Mutual Fund Company will require you to verify your
identity. This may involve providing personal details, such as your name,
address, PAN (Permanent Account Number), and folio number (if app ITI Mutual).
Obtain the Required Forms: The ITI Mutual Fund Company will provide you with the
necessary forms for selling your mutual funds. You can typically download these
forms from their website or request them to be sent to you.
Fill Out the Forms:
Carefully fill out the required forms, providing accurate information. The
forms may include details such as your folio number, scheme name, units to be
sold, and bank account details for the redemption proceeds.
Submit the Forms: Once you
have completed the forms, submit them to ITI Fund Company. You can typically do
this by mailing the forms to their office or visiting their nearest branch in
person. Alternatively, some mutual fund companies also offer online redemption
facilities through their website or mobile app.
Await Confirmation: After
submitting the forms, you will receive a confirmation from ITI Mutual Fund
Company regarding the acceptance of your request to sell the mutual funds. This
confirmation may be sent via email or mail.
Receive Redemption Proceeds:
Once your request to sell the mutual funds has been processed, you will receive
the redemption proceeds. The proceeds are usually credited to the registered
bank account provided in the redemption form. The timeline for receiving the
funds may vary, but it is typically within a few business days.
frequently asked questions (FAQs) ITI Mutual Fund:
The minimum investment amount may vary depending on the specific scheme. ITI Mutual Fund offers schemes with different minimum investment requirements. The details can be found in the scheme’s offer document or on their official website.
Investors can track the performance of ITI Mutual Fund schemes on their official website or through various financial websites. The performance can be evaluated by reviewing historical returns, risk measures, and comparing with relevant benchmarks and peer group performance.
Yes, NRIs can invest in ITI Mutual Fund schemes. They need to fulfill the necessary KYC requirements and provide the required documents as specified by the fund.
Yes, certain ITI Mutual Fund schemes may have exit loads or charges associated with redeeming units. The details of these charges can be found in the scheme’s offer document or on their official website.
Investors can update their personal details or make changes to their investments by contacting the customer service of ITI Mutual Fund. They will guide you through the process and provide the necessary assistance.