Tata Mutual Fund launches Tata Nifty Midcap 150 Momentum 50 Index Fund

NFO period: 04^th October – 17^th October, 2022

Highlights of the NFO:

• Scheme type – An open-ended scheme replicating/tracking NIFTY Midcap 150 Momentum 50 Index


• Investment objective – The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of NIFTY Midcap 150 Momentum 50 Index (TRI), subject to tracking error. 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 growth by investing in equity and equity related instruments comprised in Nifty Midcap 150 Momentum 50 Index.


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


• Plan/ Options available – Regular Plan & Direct Plan having Growth Option, Payout of Income Distribution Cum Capital Withdrawal Option (IDCW-Payout) and Reinvestment of Income Distribution cum capital withdrawal Option (IDCW-Reinvestment).


• Fund Managers – Mr. Sailesh Jain


• Benchmark – NIFTY Midcap 150 Momentum 50 Index (TRI)