Tuesday, July 5, 2011

Tata Fixed Tenure Fund Series 2 Scheme A

Tata Mutual Fund Launches an NFO, Tata Fixed Tenure Fund Series 2 Scheme A

It is a debt oriented scheme with 80% debt and 20% equity.

Features:
Type of Scheme: 3 years close ended Income Fund.
Investment Objective: The scheme seeks to generate income and / or capital appreciation by investing predominantly in wide range of Debt and Money Market instruments that are maturing on or before the maturity of the respective scheme. To attain capital appreciation, the scheme will invest small portion in equity/ equity related instruments.

Options available:
Growth option
Dividend Payout option
Minimum Investment Amount: Rs. 10,000/- per option.
Entry Load: N.A.
Exit Load: Nil.
New Fund Offer Opens On: 27th June, 2011.
New Fund Offer Closes On: 11th July, 2011.
Transparency: The NAV will be declared on all Business Days.

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