NFO Opening Date: 4th December, 2015
NFO Closing Date: 18th December, 2015
To seek long term capital appreciation by investing at least 80% of the net assets in equity/equity related instruments of the companies in Banking and Financial Services, Consumption Oriented, Digital, Pharma, Energy and Infrastructure sectors.
About the NFOs:
Tata MF is coming up with a unique theme named – Own a piece of India which involves simultaneous launch of 5 NFOs along with an existing fund.
It is a maiden new equity fund offer from the house of Tata after over 6 years. For the first time, Tata has followed a multi-manager approach which increases depth of investment management thought and decision making process. This could be a complete solution for customized/tailor made portfolio. For ease of investment, one application and one cheque would suffice for investing in these multiple schemes.
Key Scheme Features:
|Type of Scheme
||Open -Ended Schemes
||4th December, 2015
||18th December, 2015
||Growth, Dividend Payout & Reinvestment
||Rs. 5000 and in multiples of Re. 1 thereafter
||Rs.1000 and in multiples of Re. 1 thereafter
||Minimum installment amount for Monthly -Rs. 500
Minimum duration - 12 months
||1% if redeemed within 1 year from the date of allotment