Tata Focused Equity Fund Opens on 15th November 2019

Tata Focused Equity Fund Opens on 15th November 2019

Upcoming NFO

Tata Asset Management is a leading investment manager in India. It manages investments of Tata Mutual Fund. It is coming up with another new fund offer named as Tata Focused Equity Fund. The NFO opens for subscription on 15th November. It is an open-ended equity scheme investing in a maximum of 30 stocks across the market. It seeks to invest in equity and equity-related instruments in a concentrated portfolio of a maximum of 30 stocks across market capitalization. The NFO will close for subscription on 29th November 2019. 

Basic Details of Tata Focused Equity Fund

 Fund Name  Tata Focused Equity Fund
 Mutual Fund Name  Tata Mutual Fund
 NFO Period  Nov 15, 2019 – Nov 29, 2019
 Fund Type  An Open-Ended Equity Scheme
 Benchmark  S&P BSE 200 TRI

Issue of units of Tata focused fund at face value of Rs 10 per unit. The scheme is available in direct and regular plans along with growth and dividend options. 

Objects

The primary object of the scheme is to generate long term capital appreciation by investing in equity and equity-related instruments of a maximum of 30 stocks across market caps.

Minimum Investment Under Each Plan

One will need to invest a minimum of Rs 5000 and in multiples of Re 1 thereafter following growth and dividend payout. 

Interested investors should invest a minimum of Rs 1000 and in multiples of Re 1 thereafter for additional purchase. 

Moreover, the minimum redemption amount will be Rs 500 or 50 units.

Entry and Exit Charges

Entry load does not offer to investors in this scheme. But, investors should pay ‘1%’ as an exit load if the fund units are redeemed before one year.

Asset Allocation Pattern

 Instruments  Indicative Allocations ( % of net assets ) Minimum- Maximum  Risk Profile High/Low/Medium
 Equity and equity-related instruments  65%  100%  Medium to High
 Debt and Money Market Instruments  0%  35%  Low to Medium
 Units issued by REITs & InvITs#  0%  10%  Medium to High

The upcoming Tata Mutual Fund NFO is suitable for investors who are seeking long term capital appreciation. The performance of Tata’s new fund offer will be a benchmark to S&P BSE 250 TRI

Disclaimer: This post is just about the scheme information. It does not offer any advice or investment tips to investors. MF investments are set to market risk. Please consult your financial adviser before invest.

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