Business Update1 Jun 2026, 06:22 pm
Investment Trust of India Transfers Fund Management to ITI AMC
AI Summary
The Investment Trust of India Ltd has transferred its investment management, advisory, and related fund management functions for ITI Long Short Fund and ITI Long Short Equity Offshore Fund (IFSC) to its wholly-owned subsidiary, ITI Asset Management Limited (ITI AMC). This move aims to consolidate and streamline the asset and fund management activities of the group. All necessary regulatory approvals, including those from IFSCA and SEBI, have been obtained. The Investment Trust of India Limited will remain the Sponsor of the funds.
Key Highlights
- Investment Trust of India transfers fund management to ITI Asset Management Limited.
- The transfer includes ITI Long Short Fund and ITI Long Short Equity Offshore Fund (IFSC).
- All requisite regulatory approvals have been secured for the transaction.
- ITI Trust will remain the sponsor of the funds after the transfer.
- The transfer aims to consolidate asset and fund management activities.
Price Impact
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