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News Tata Mutual Fund launches Tata Nifty Capital Markets Index Fund
Oct 7, 2024
Mutual Fund
Tata Mutual Fund launches Tata Nifty Capital Markets Index Fund
NFO period: 07th October - 21st October, 2024
Highlights of the NFO:
- Scheme type - An open-ended scheme replicating / tracking Nifty Capital Markets Index (TRI)
- Investment objective - The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty Capital Markets Index (TRI), subject to tracking error. 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. By investing in equity and equity related instruments comprising of Nifty Capital Markets Index.
- 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 & Income Distribution cum capital withdrawal Option. Income Distribution cum capital withdrawal option under each Plan further offers of choice of Payout of Income Distribution cum capital withdrawal Option, Reinvestment of Income Distribution cum capital withdrawal Option.
- Fund Managers - Mr. Kapil Menon
- Benchmark - Nifty Capital Markets Index (TRI)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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