ITI MF launches ITI Bharat Consumption Fund – A thematic bet on India’s consumption story

ITI Mutual Fund has launched ITI Bharat Consumption Fund, an open-ended thematic fund that will follow the consumption theme.

ITI Bharat Consumption Fund would predominantly invest in equity and equity-related securities of companies engaged in consumption and consumption-related activities or allied sectors, ITI Asset Management Company Ltd (ITI AMC) said in a statement.

Who should invest in ITI Bharat Consumption Fund?

The ITI Bharat Consumption Fund is designed for investors looking for long-term capital appreciation through thematic investing. This fund is suitable for those who believe in the growth of India’s consumption-driven economy and are willing to take exposure in consumer-centric sectors like FMCG, auto, retail, and healthcare. It is ideal for investors with a long-term horizon and a moderate to high-risk appetite.

Also Read SBI Mutual Fund launches fund tracking Nifty IT Index – Know key objective, risk factor and other details The case for a Bharat Sovereign Wealth Fund Budget may announce special fund to support MFIs Mutual Fund: Rs 1 lakh invested in this SBI ELSS fund at launch turned into Rs 1.28 crore! Check SIP returns ITI Bharat Consumption Fund: Investment objective

The primary objective of the ITI Bharat Consumption Fund is to offer long-term capital growth by investing in equity and equity-related securities of companies engaged in consumption and allied sectors. The fund aims to capitalize on India’s evolving consumption patterns, driven by rising disposable incomes, urbanization, and changing consumer trends.

Also read: Quant Mutual Fund to shift focus from defensive to growth and cyclical stocks

Key highlights:

-The fund will predominantly invest in companies benefiting directly or indirectly from domestic consumption-led demand.

-It follows a thematic approach, offering diversification within the consumption space.

-The portfolio will be built using a mix of top-down and bottom-up investment strategies, making it market-cap agnostic.

-Investors will gain exposure to multiple consumer-driven sectors with high growth potential.

ITI Bharat Consumption Fund NFO date

Opening Date: February 6, 2025

Closing Date: February 20, 2025

Who will manage ITI Bharat Consumption Fund?

The fund will be managed by Rohan Korde (Fund Manager – Equity) and Dhimant Shah (Senior Fund Manager – Equity).

 » Read More

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