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News Tata Mutual Fund launches Tata Nifty200 Alpha 30 Index Fund
Aug 19, 2024
Mutual Fund
Tata Mutual Fund launches Tata Nifty200 Alpha 30 Index Fund
NFO period: 19th August - 02nd September, 2024
Highlights of the NFO:
- Scheme type - An open-ended scheme replicating / tracking Nifty200 Alpha 30 Index (TRI).
- Investment objective - The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty200 Alpha 30 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 Nifty200 Alpha 30 Index.
- Minimum Application Amount - First investment is Rs 5,000/- and in multiple of Re.1/- thereafter
- Plan/ Options available - Direct Plan and Regular Plan having Growth & Income Distribution cum capital withdrawal Option.
- Fund Managers - Mr. Kapil Menon
- Benchmark - Nifty200 Alpha 30 Index (TRI).
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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