Tata Mutual Fund launches Tata Nifty Exchange Traded Fund

NFO period: 17^th December – 19^th December, 2018

Highlights of the NFO:

• Scheme type – An Open Ended Exchange Traded Fund tracking Nifty 50 Index


• Investment objective – The investment objective of the scheme is to provide returns that is closely correspond to the total returns of the securities as represented by the Nifty 50 index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.


• Product suitability – This product is suitable for investors who are seeking long Term Capital Growth. By investing in Equity & Equity related instruments covered by Nifty 50 Index.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Not Available.


• Fund Managers – Mr. Sailesh Jain


• Benchmark – Nifty 50 (Total Return Index)