Tata Mutual Fund launches Tata Balanced Advantage Fund

NFO period: 09^th January – 23^rd January, 2019

Highlights of the NFO:

• Scheme type – An open ended dynamic asset allocation fund


• Investment objective – 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.


• Product suitability – This product is suitable for investors who are seeking Capital Appreciation along with generation of income over medium to long term period. Predominant by investing in equity and equity related instruments as well as in debt and money market instruments.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan & Direct Plan having Dividend Option & Growth Option.


• Fund Managers – Mr. Rahul Singh, Mr. Sonam Udasi, Mr. Sailesh Jain and Mr. Akhil Mittal


• Benchmark – CRISIL Hybrid 35+65 - Aggressive Index