Tata Mutual Fund files offer document for Titanium Active Asset Allocator Long-Short Fund - Titanium SIF
Tata Mutual Fund has filed offer document with SEBI to launch an interval investment strategy named 'Titanium Active Asset Allocator Long-Short Fund - Titanium SIF'. The New Fund Offer price will be Rs 10 during the NFO. Entry load and Exit Load will be nil. The Scheme offers growth and IDCW option for investment and seeks to collect a Minimum Target Amount of Rs 20 crore.
The performance will be benchmarked against 35% BSE 200 TRI + 50% CRISIL Short Term Bond Fund Index + 15% iCOMDEX Composite Index. The minimum application amount will be Rs 10,00,000 and in multiple of Rs 1 thereafter.
The investment objective of the scheme is to generate medium to long term capital appreciation by investing across equity, debt, equity and debt derivatives, InVITs and commodity derivatives, including limited short exposure on permitted instruments through derivatives.
