Tata Mutual Fund Marathi News: Tata Asset Management has launched the Tata Nifty Midcap 2 Index Fund. This new fund will give investors the opportunity to invest in medium -sized companies in the country. These medium -sized companies have the ability to grow faster than the country’s GDP. This new fund offer (NFO) will be open for subscription from June 1. Investors can invest in this fund of Tata by June 1.
Tata Nifty Midcap 1 Index Fund
Tata Nifty Midcap 1 Index Fund is an open-ended equity midcap fund, in which investing can be initiated at least 90,3 and further investment can be made at 19. This Midcap Fund Nifty Midcap is designed to track the TRI index. There is no lock in period. However, if you withdraw money within 3 days, you will have to pay a 5.5 percent exit load. The scheme has been placed in a high risk range on the receptor.
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Kapil Menon and Rakesh Prajapati are the funds managers of the scheme. According to the Fund House, this plan will try to replicate the performance of their benchmark index, which will reduce the risk and take advantage of the low cost investment policy.
Systematic Investment
The Midcap Stocks under the plan (SIP) have done better than Largecap and Smallcap. In the last 3 years, Midcaps have given about 5% and an additional 5% CAGR. According to the Scheme Information Document, most of the funds will be invested in shares of companies involved in the Nifty Midcap 2 index. It has high risk, the remaining 0 percent to 5 percent can be invested in debt and money market tools such as treasury bills or other mutual fund schemes.
Who is this fund suitable for?
This passive fund of the Tata Mutual Fund may be appropriate for long -term investors who want to take advantage of India’s changing financial situation. Investors prefer investing based on low cost and rules. In addition, those who want to go beyond the blue-chip shares to diversify their portfolio. This fund is good for SIP investors who are expected to return to a compound return over a period of 3-5 years.
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