ITI Asset Management Company Ltd (ITI AMC), founded in 2019, has achieved a significant milestone by surpassing ₹10,000 crore in assets under management (AUM) as of December 3, 2024. This milestone underscores the AMC’s rapid growth and consistent focus on delivering value to its investors.
ITI AMC launched its journey with the ITI Liquid Fund in April 2019, followed closely by its first equity scheme, the ITI Multi Cap Fund, in May 2019. In just over five years, the AMC has grown its offerings to 18 active schemes. The ITI Large & Mid Cap Fund, launched in September 2024, is the latest addition to its diverse portfolio.
As of December 3, 2024, ITI AMC’s total AUM stands at ₹10,109.47 crore, distributed across categories:
The equity category remains a dominant contributor, reflecting strong investor confidence in AMC’s equity-oriented strategies.
The key factors behind ITI AMC’s remarkable growth include:
Hitesh Thakkar, Acting CEO, attributes this success to the trust of investors and the commitment of the ITI AMC team. He stated, “Reaching ₹10,000 crore in AUM is a testament to our dedication and the unwavering support of our partners and clients. We are focused on delivering superior investment solutions and high-quality service.”
Rajesh Bhatia, Chief Investment Officer, echoed similar sentiments, thanking distributors and investors for their trust. He highlighted AMC’s commitment to providing an exceptional investment experience.
ITI AMC has established a presence across 27 cities and operates in approximately 48 locations, supported by a strong online platform. This hybrid approach has enabled the AMC to reach a diverse investor base and strengthen its foothold in the competitive asset management space.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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