Minimum
Investment SIP ₹ 1,000 Tata Nifty Next
50 Index Fund..!
Tata
Mutual Fund has launched Tata Nifty Next 50 Index Fund which will be tracking
the Nifty Next 50 Index.
This
index represents companies ranked 51-100 by free float market cap within the
Nifty 100 universe. This includes leading companies in industries such as
power, capital goods, consumer services, and healthcare, FMCG, realty and
specialty chemicals.
While the top three sectors in the Nifty 50 account for 60% of the total index weight, in the Nifty Next 50 Index, they account for 40% of the total Index weight, which adds to diversification.
Nifty Next 50 represents a well-diversified set of large-cap companies that complement exposure to the Nifty 50.
Through Tata Nifty Next 50 Index Fund, we
aim to offer investors a transparent way to participate in the probable growth
of such businesses that are shaping new opportunities across diverse sectors of
the economy, which aim to strengthen their position in India's capital markets.
The NFO opens today and will close on September 26.
Minimum
Investment Amount
SIP ₹ 1,000
Lumpsum ₹ 5,000.
Exit
Load; 0.25% of the applicable NAV, if redeemed on or before 15 days from the
date of allotment.
Mr.
Venkatesan P
Founder, PAISACARE FINANCIAL SERVICES, Chennai
Phone number: 98404 22744
E Mail id: venkat.profit@gmail.com
Web Site: https://paisacare.in
Mr. P.Venkatesan had a 30 years’
experience in Financial Services (Life Insurance, Health Insurance, Mutual
Funds etc.)
Office Address:
Paisacare
Financial services
No 3B 2nd
Street, Sivanandha Nagar
Kolathur, Chennai
-600 099
Read articles written by Mr. Mr. P.Venkatesan in Nanayam Vikatan, a leading personal financial management 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.
