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Tata Mutual Fund launches Tata Nifty India Digital ETF Fund of Fund

Tata Mutual Fund launches Tata Nifty India Digital ETF Fund of Fund

NFO period: 25th March - 08th April, 2022

Highlights of the NFO:

  • Scheme type - An open ended fund of fund scheme investing in Tata Nifty India Digital Exchange Traded Fund

  • Investment objective - To provide long-term capital appreciation by investing in Tata Nifty India Digital Exchange Traded Fund. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking Long Term Capital Growth by investing in Tata Nifty India Digital Exchange Traded Fund.

  • Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal (“IDCW”) Option (Reinvestment and Payout Option).

  • Fund Managers - Meeta Shetty

  • Benchmark - Nifty India Digital TRI Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)