Tata Mutual Fund launches Tata India Innovation Fund

NFO period: 11^th November – 25^th November, 2024

Highlights of the NFO:

• Scheme type – An open-ended equity scheme following innovation theme


• Investment objective – The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme. 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 Long Term Capital Appreciation by investing in equity and equity related instruments of companies engaged in and/or expected to benefit from adoption of innovative strategies & theme.


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


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility) Option.


• Fund Manager – Ms. Meeta Shetty and Mr. Kapil Malhotra


• Benchmark – NIFTY 500 TRI