Tata Mutual Fund introduces Small Cap Fund

19-Oct-2018 17:28 Hrs IST

Tata Mutual Fund has launched the Tata Small Cap Fund, an open ended equity scheme. The NFO opens for subscription on October 19, 2018 and closes on November 2, 2018.  Entry load will be nil and exit load will be 1% of the applicable NAV, if redeemed or switch out from the scheme on or before expiry of 24 months from the date of allotment of units. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.The scheme’s performance will be benchmarked against Nifty Small cap 100 TRI Index and its fund manager is Chandraprakash Padiyar.The investment objective of the scheme is to generate long term capital appreciation by predominantly investing in equity and equity related instruments of small cap companies.

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