Publish Date:
Tata Mutual Fund has launched Tata Multi Asset Opportunities Fund. It is an open ended scheme investing in equity, debt and exchange traded commodity derivatives.
The investment objective of the scheme is to generate long term capital appreciation. 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.
The performance of the fund will be benchmarked against Composite Benchmark of 65% S&P BSE 200 + 15% CRISIL Short Term Bond Fund Index + 20% iCOMDEX Composite Index.
The fund will be managed by Mr Rahul Singh, Mr Sailesh Jain, Mr Murthy Nagarajan and Mr Aurobinda Prasad Gayan.
The NFO opens for subscription on February 14, 2020 and closes on February 28, 2020.
The New Fund Offer is priced at Rs 10 per unit and the minimum application amount for initial purchase is Rs 5,000 and in multiples of Re 1 thereafter.
The scheme offers Regular Plan & Direct Plan having Growth Option and Dividend Option with Dividend Payout and Dividend Reinvestment sub-options.