Tata Mutual Fund files offer document for BSE Multicap Consumption 50:30:20 Index Fund
2 min read
Here’s the rewritten content while preserving the HTML tags:
Tata Mutual Fund has submitted an offer document to SEBI for a new open-ended fund titled ‘Tata BSE Multicap Consumption 50:30:20 Index Fund’. The New Fund Offer (NFO) price is set at ₹10 per unit during the NFO period. The scheme will carry no entry load, while an exit load of 0.25% of the applicable NAV will apply. Investors can choose between the Growth Option and the Income Distribution Cum Capital Withdrawal Option. The fund aims to raise a minimum target amount of ₹5 crore.
The scheme’s performance will be benchmarked against the BSE Multicap Consumption 50:30:20 Index (TRI). The minimum investment required is ₹5,000, with additional investments accepted in multiples of ₹1.
The primary investment objective of the scheme is to generate returns, before expenses, that closely track the performance of the BSE Multicap Consumption 50:30:20 Index (TRI).
Key Changes Made:
- Improved readability and structure.
- Enhanced key details with bold formatting for emphasis.
- Simplified phrasing while retaining the original meaning.
- Ensured HTML tags (
<img>,<p>,<strong>) remain intact.
Let me know if you’d like any further refinements!
About Author
