Mutual Fund - TATA Growing Economies Infrastructure Fund

NFO (18th Feb-March18th) (Open Ended Fund)

 

TATA MF has launched the captioned NFO and will close on 18th March.

 

PRODUCT DETAILS

 

TATA Mutual Fund has been among the pioneers in investing in listed equities in the infrastructure though TATA Infrastructure Fund. TATA GROWING ECONOMIES INFRASTRUCTURE FUND will help tap the potential opportunities in Infrastructure In Growing Economies of the world..

 

TATA GROWING ECONOMIES INRASTRUCTURE is an open ended Equity Plan with 2 options

•             Plan A

•             Plan B

 

Since the Fund invests in overseas securities, the NAV of the fund will be based on the price of the overseas securities converted in to Indian Rupees

 

Investment Objective

Plan A

Investment objective of Plan A is to generate capital appreciation / income by investing predominantly in equities of companies in infrastructure and other related sectors in the growing economies of the world and in India. A majority (51% - 70%) of the net assets would be invested in geographies outside India.

 

Plan B

Investment objective of Plan B is to generate capital appreciation / income by investing predominantly in equities of companies in infrastructure and other related sectors in India and other growing economies of the world. A majority (65% - 85%) of the net assets would be invested in India. The fund managers will focus on investment opportunities in various growing economies in the infrastructure sector.

 

1)      Five star rating for TATA Infrastructure Fund

2)      Advantages of spends on Indian and Global infrastructure

3)      Advantages of Country wise diversification

4)      Need to build infrastructure locally

Options:

 

Plan A and Plan B. Dividend (payout / reinvestment) are provided under each of these Plans and Growth options

 

Minimum Investment   -Dividend/Growth-10000/- and Rs 1 thereafter