Tata Balanced Advantage Fund: New Fund Offer (NFO) of Tata Mutual Fund is open from 9-Jan-2019 to 23-Jan-2019.
According to Tata Mutual Fund, this plan is suitable for investors who are seeking:-
- Capital Appreciation along with generation of income over medium to long-term period.
- Predominant investment in equity and equity related instruments as well as in debt and
money market instruments.
About Tata Balanced Advantage Fund NFO
| Name of the Scheme | Tata Balanced Advantage Fund |
|---|---|
| Fund House | Tata Mutual Fund |
| Scheme Type | Open Ended |
| Scheme Category | Balanced Advantage |
| Issue Starts | 9-Jan-2019 |
| Issue Closes | 23-Jan-2019 |
| NFO Unit Price | Rs 10 per unit |
| Minimum Investment | Rs 5000 |
| Entry Load | No |
| Exit Load | 1% of the applicable NAV, if redeemed on or before expiry of 365 days from the date of allotment. |
| Investment Manager | Tata Asset Management Ltd. |
Investment Objectives
According to the fund house, the investment objectives of the scheme is as follows:-
The investment objective of the Scheme is to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Proposed Asset Allocation
| Instruments | Indicative allocations (% of total assets) |
Risk Profile | |
|---|---|---|---|
| Minimum | Maximum | High/ Medium/ Low | |
| Equity and Equity related instruments and Equity Derivatives # | 65 | 100 | High |
| Debt (including money market instruments, securitized debt & units of debt and liquid category schemes) & Cash | 0 | 35 | Low to Medium |
# Unhedged equity exposure shall be limited to up to 80% of the portfolio value. Unhedged equity exposure means exposure to equity shares alone without a corresponding equity derivative exposure. The margin money requirement for the purposes of derivative exposure may be held in the form of Term Deposit.
(Read: ETF – Exchange Traded Fund – What are ETFs? How ETFs Work?)
About Tata Mutual Fund
Tata Mutual Fund is one of India’s leading mutual fund houses. It was incorporated in the year 1994. This fund house is sponsored by Tata Sons Limited & Tata Investment Corp. Ltd. Assets of this mutual fund are managed by Tata Asset Management Ltd.
As of 30-Sep-2018, the total Asset Under Management (AUM) of Tata Mutual Fund is Rs. 54824.12 crore.
Registered Office: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai – 400 021.
Telephone: (022) 66578282
Website: www.tatamutualfund.com
E-mail: service@tataamc.com
(Read: NFO: New Fund Offer of Mutual Funds)
Please click here to read the scheme related document.
Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
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Tags: #NFO #Mutual Fund #New Mutual Fund #Tata NFO #New Fund Offer #Tata Mutual Fund
