Midcaps represent India’s growth frontier: Tata Nifty Midcap 150 Index Fund..!
Tata MF has
launched Tata Nifty Midcap 150 Index Fund, an open ended index fund tracking
the performance of Nifty Midcap 150 Index.
Midcaps
represent India’s growth frontier. Through the Tata Nifty Midcap 150 Index
Fund, investors can get access to potential growth sectors and companies that
are integral to India’s next phase of economic expansion.
The fund is
suitable for long-term investors seeking a blend of growth and diversification,
backed by discipline of passive investing.
The Nifty
Midcap 150 index comprises companies across 20 sectors offering exposure to
chemicals, oil, gas & consumable fuels, capital goods, automobiles &
auto components, realty, financial services, information technology, etc.
Over the
past five years, 17 companies from the midcap segment have transitioned into
large caps, illustrating the segment’s capacity to aim for wealth creation,
said the company.
The new fund
offer or NFO of the scheme is open for subscription and will close on 2025 June
16. The scheme will re-open for continuous sale and repurchase on 2025 June 25.
The minimum application amount is Rs 5,000 and in multiples of Rs. 1
thereafter. The scheme will allocate 95-100% in securities covered by Nifty
Midcap 150 Index (TRI) and 0-5% in debt/money market instruments, including
units of mutual funds.
For more details and investment..!
Mr. K P Venkatarama Krishnan,
Founder, Viruksham
Finmart Private Ltd
Chennai
Email :
kpvenkat02@gmail.com
Cell Number : 98410
34997
Read articles written by Mr. K P Venkatarama
Krishnan in Nanayam Vikatan, a leading personal finance magazine.
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme
related documents carefully. The past performance of the mutual funds is not
necessarily indicative of future performance of the schemes.
