Tata Multicap Fund NFO: Check all the details here

16 Jan 2023 , 08:53 AM

Tata Mutual Fund is launching NFO under its “equity category”, named as Tata Multicap Fund. This open-ended fund will invest in equity and equity related securities of large-cap, mid-cap and small-cap companies.

Investment strategy: The scheme aims for long-term capital appreciation by investing in equity & equity related instruments. The scheme will invest in the companies based on various criteria including sound professional management, track record, industry scenario, growth prospects, liquidity of the securities, etc. The fund may also invest in the debt and money market instruments, units of mutual fund schemes, ADR/GDR/Foreign securities, etc. to diversify the risk associated.

Asset allocation: Tata Multicap Fund seeks to provide diversification across equity and equity related instruments in the large-cap, mid-cap and small-cap companies to generate long-term capital appreciation.

Who should invest?

Investors with high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in Tata Multicap Fund. Those who want to diversify their investments across companies of different market caps should invest in the fund.

Risk associated: Very high level of risk.

Benchmark: Nifty 500 Multicap 50:25:25 TRI.

Fund Managers: Mr Rahul Singh, Mr Tejas Gutka, Mr Murthy Nagarajan, Mr Arvindkumar Kumaresan Chetty.

The NFO is available for subscription from January 16 to January 30. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 5,000/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in Tata Multicap Fund.