IGI Logo

Tata Mutual Fund (MF) has launched Tata Multicap Fund, an open-ended equity scheme investing across large cap, mid cap, small cap stocks. The NFO opens for subscription on January 16, 2023 and closes on January 30, 2023. The Entry load is nil for the scheme. The Exit Load will be nil, if the withdrawal amount or switched out amount is not more than 12% of the original cost of investment & Redemption/Switch-out/SWP/STP on or before expiry of 365 days from the date of allotment, 1% of exit load, if the withdrawal amount or switched out amount is more than 12% of the original cost of investment & Redemption/Switch-out/SWP/STP on or before expiry of 365 days from the date of allotment and there is no exit load, if Redemption/Switch-out/SWP/STP after expiry of 365 days from the date of allotment. The minimum subscription amount is Rs 5,000 and in multiple of Re 1 thereafter.

The Scheme performance would be benchmarked against Nifty 500 Multicap 50:25:25 TRI and its fund managers are Rahul Singh, Tejas Gutka, Murthy Nagarajan and Arvindkumar Kumaresan Chetty.

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalization.