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News Tata Mutual Fund launches Tata Nifty India Digital ETF Fund of Fund
Mar 25, 2022
Mutual Fund
Tata Mutual Fund launches Tata Nifty India Digital ETF Fund of Fund
NFO period: 25th March - 08th April, 2022
Highlights of the NFO:
- Scheme type - An open ended fund of fund scheme investing in Tata Nifty India Digital Exchange Traded Fund
- Investment objective - To provide long-term capital appreciation by investing in Tata Nifty India Digital Exchange Traded Fund. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking Long Term Capital Growth by investing in Tata Nifty India Digital Exchange Traded Fund.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal (“IDCW”) Option (Reinvestment and Payout Option).
- Fund Managers - Meeta Shetty
- Benchmark - Nifty India Digital TRI Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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