MUTUAL FUNDS
Tata MF introduces Nifty Midcap 150 Index Fund
Jun-02-2025

Tata Mutual Fund has launched Tata Nifty Midcap 150 Index Fund, an open ended fund replicating / tracking the Nifty Midcap 150 Index (TRI). The NFO opens for subscription on June 02, 2025 and closes on June 16, 2025. The Entry Load is not applicable for the scheme. The Exit Load will be 0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment. Goods & Service Tax on exit load, if any, will be paid out of the exit load proceeds and exit load net of Goods & Service Tax, if any, will be credited to the scheme. The minimum subscription amount is Rs 5,000 and in multiple of Re 1 thereafter.

The performance of the Scheme will be benchmarked with Nifty Midcap 150 Index (TRI) and its fund managers are Kapil Menon and Rakesh Prajapati.

The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty Midcap 150 Index (TRI), subject to tracking error.


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