MUTUAL FUNDS
Tata MF introduces Focused Equity Fund
Nov-15-2019

Tata Mutual Fund (MF) has launched the Tata Focused Equity Fund, an open ended equity scheme. The NFO opens for subscription on November 15, 2019 and closes on November 29, 2019. Entry load is nil and Exit load will be 1% of the applicable NAV, if redeemed/ switched out on or before expiry of 365 days from the date of allotment. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against S&P BSE 200 TRI and its fund manager is Rupesh Patel.

The investment objective of the scheme is to generate long term capital appreciation by investing in equity & equity related instruments of maximum 30 stocks across market caps.

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