MUTUAL FUNDS
Tata Mutual Fund files offer document for BSE Quality Index Fund
Mar-01-2025
Tata Mutual Fund has filed offer document with SEBI to launch an open-ended Fund ‘Tata BSE Quality Index Fund'. The New Fund Offer price for units would be Rs 10 each during the NFO. Entry load will be nil and Exit load will be 0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment. The Scheme offers Growth and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance of the scheme will be benchmarked against BSE Quality Total Return Index (TRI). The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the Scheme is to provide returns, before expenses, that commensurate with the performance BSE Quality Total Return Index (TRI), subject to tracking error.

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