Tata Nifty Capital Markets Index Fund
Image Courtesy: Tata Mutual Fund
As the name suggests this fund is an index fund that invests in Nifty Capital Market Index. It is a new fund launched by Tata Mutual Fund. The NFO (New Fund Offer) will start on 07/10/2024 and will end on 21/10/2024.It is an open-ended mutual fund scheme, so investors can purchase units even after the NFO period. Open-ended schemes permit investors to enter or exit anytime. The scheme will re-open for continuous sale and repurchase on October 31, 2024.
Exit Load: 0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment.
Minimum Amount for lumpsum investment: Rs.5000
