Tata MF introduces CRISIL IBX Gilt Index - April 2026 Index Fund
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Tata Mutual Fund (MF) has launched Tata CRISIL IBX Gilt Index - April 2026 Index Fund, an open-ended Target Maturity Index Fund predominately investing in constituents of CRISIL IBX Gilt Index - April 2026 with Relatively High Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on September 23, 2022 and closes on September 28, 2022. The Entry load is nil for the scheme. The Exit load will be 0.25 % of the applicable NAV, if redeemed on or before 30 days from the date of allotment. The minimum subscription amount is Rs 5,000 and in multiple of Re 1 thereafter.
The performance of the scheme would be benchmarked against CRISIL-IBX Gilt Index- April 2026 (TRI) and its fund manager is Amit Somani.
The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
