{"id":28776,"date":"2024-01-22T18:51:51","date_gmt":"2024-01-22T13:21:51","guid":{"rendered":"https:\/\/www.fundsindia.com\/blog\/?p=28776"},"modified":"2024-01-22T18:51:51","modified_gmt":"2024-01-22T13:21:51","slug":"merger-of-iti-conservative-hybrid-fund-scheme-with-iti-arbitrage-fund","status":"publish","type":"post","link":"https:\/\/www.fundsindia.com\/blog\/bulletin\/merger-of-iti-conservative-hybrid-fund-scheme-with-iti-arbitrage-fund\/28776","title":{"rendered":"Merger of ITI Conservative Hybrid Fund scheme with ITI Arbitrage Fund"},"content":{"rendered":"\n<p>Notice is hereby given that the Board of Directors of ITI Asset Management Limited and ITI Mutual Fund Trustee Private Limited, investment manager and Trustee to ITI Mutual Fund (Fund), respectively, have approved the proposal for merger of following schemes:<\/p>\n\n\n\n<p><strong>Merging scheme&nbsp;<\/strong><\/p>\n\n\n\n<p>ITI Conservative Hybrid Fund<\/p>\n\n\n\n<p>(an open ended hybrid scheme investing predominantly in debt instruments)<\/p>\n\n\n\n<p><strong>Surviving scheme<\/strong><\/p>\n\n\n\n<p>ITI Arbitrage Fund<\/p>\n\n\n\n<p>(an open ended scheme investing in arbitrage opportunities)<\/p>\n\n\n\n<p>The merger will be effective from December 30, 2023 (Effective Date). Further, pursuant to merger, the Merging scheme (ITI Conservative Hybrid Fund) would cease to exist from December 30, 2023.<\/p>\n\n\n\n<p>For specific details, please refer to the attached addendum<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Notice is hereby given that the Board of Directors of ITI Asset Management Limited and ITI Mutual Fund Trustee Private Limited, investment manager and Trustee to ITI Mutual Fund (Fund), respectively, have approved the proposal for merger of following schemes: Merging scheme&nbsp; ITI Conservative Hybrid Fund (an open ended hybrid scheme investing predominantly in debt [&hellip;]<\/p>\n","protected":false},"author":53,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[632],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Merger of ITI Conservative Hybrid Fund 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