ITI Mutual Fund over Rs 2,000 crore AUM or assets under management as of August 31. ITI Mutual Fund commenced its operations in 2019. Of the total Rs 2,034 crore, equity funds accounted for Rs 1,460 crore, while hybrid and debt schemes accounted for Rs 230 crore and Rs 344 crore, respectively.

“It gives us great satisfaction that the investors have shown utmost confidence in the management of AMC. We are focused on delivering reasonable returns to the investors on a long term basis. Fund house is directed by Investment George Heber Joseph, CEO and CIO, ITI Mutual Fund, said, “SQL’s philosophy is – (s) margin of safety, (q) quality of business and (l) low leverage and providing superior investment experience to its investors. .

The geographical spread of AUM is well diversified with top 5 cities with a share of 42.88%, the next 10 cities with a share of 24.18%, the next 20 cities with a share of 16.03%, the next 75 cities with a share of 13.28%. With another 3.63% stake, Joseph said.

“Our goal is to be in the top 10” mutual funds country in the next 10 years. We want the Fund to be known for its excellence in performance, transparency and looking after the interests of investors. We have hired the best and experienced teams in all operations to provide best-in-class service to our partners and investors. We have had a good start and strong partnerships from all our partners across India,” said Joseph.

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