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News Tata Mutual Fund launches Tata Housing Opportunities Fund
Aug 16, 2022
Mutual Fund
Tata Mutual Fund launches Tata Housing Opportunities Fund
NFO period: 16th August - 29th August, 2022
Highlights of the NFO:
- Scheme type - An open-ended equity scheme following housing theme
- Investment objective - To generate long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/or expected to benefit from the growth in housing theme. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.
- Product suitability - This product is suitable for investors who are seeking long term capital appreciation. An open ended equity scheme following housing theme.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan & Direct Plan having Growth Option, Payout of Income Distribution Cum Capital Withdrawal Option (IDCW-Payout) and Reinvestment of Income Distribution cum capital withdrawal Option (IDCW-Reinvestment).
- Fund Managers - Tejas Gutka(Equity Portfolio), Venkat Samala(Overseas Investment) and Murthy Nagarajan(Debt Portfolio)
- Benchmark - NIFTY Housing Index (TRI)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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