Tata MF Launches NFO Under Focused Equity Fund
Tata mutual fund offers a new fund offer under focused equity fund. The Tata Focused Equity Fund NFO opens for subscription on 15th November. It will manage by Tata Asset Management. As of the data, the scheme will invest in 30 stocks only. The performance of the scheme will be the benchmark against S&P BSE 200 TRI. The NFO closes on 29th November.
The officials of the mutual fund said that the scheme will invest in 30 stocks. It means, Tata NFO will follow the decent asset allocation pattern to offer long term capital credit to the investors.
The fund wishes to obey a multi-cap strategy without producing any particular market-cap preference or sector preference. Further, it will aim to keep optimal liquidity for controlling the risk, said by the officials of the fund house.
Past performance of any mutual fund schemes may not support in the future. But, the previous financial report is a necessary part of making investments in this scheme. Tata Mutual Fund offers a large number of schemes under Equity and Debt schemes.
We have already updated the complete details of the Tata Mutual Fund’s NFO. Last but not least, mutual fund investments are set to market risk. So, investors please consult your financial adviser before investing in this scheme.