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Tata MF introduces FMP- Series 61 Scheme C - 91 days
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Tata Mutual Fund (MF) has launched Tata Fixed Maturity Plan (FMP) Series 61 Scheme C (91 days), a close ended debt scheme with Relatively Low interest rate risk and moderate Credit Risk. The NFO opens for subscription on June 10, 2024 and closes on June 12, 2024. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000/- and in multiples of Re 1/- thereafter during NFO period.
The performance of the scheme will be benchmarked against CRISIL Liquid Debt A-I Index and its fund manager is Akhil Mittal.
The investment objective of the scheme is to generate income and / or capital appreciation by investing in Fixed Income Instruments having maturity in line with the maturity of the scheme. The maturity of all investments shall be equal to or less than the maturity of the scheme.
