Tata Mutual Fund launches Tata Nifty Midcap 150 Index Fund

NFO period: 02^nd June - 16^th June, 2025

Highlights of the NFO:

• Scheme type - An open ended fund replicating / tracking the Nifty Midcap 150 Index (TRI).


• Investment objective - The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty Midcap 150 Index (TRI), subject to tracking error. 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.


• Product suitability - This product is suitable for investors who are seeking long Term Capital Appreciation. Returns that correspond to the total returns of the securities as represented by the Nifty Midcap 150 Index (TRI), subject to tracking error.


• Minimum Application Amount - Rs 5,000/- and in multiple of Re.1/- thereafter.


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Kapil Menon & Mr. Rakesh Prajapati


• Benchmark - Nifty Midcap 150 Index (TRI)