Sivakasi Manikandan, http://www.aismoney.com/
NFO - Tata India Innovation Fund - long-term capital growth
Tata Mutual Fund Asset Management, announced the launch of the Tata India Innovation Fund that aims to offer investors with opportunities for long-term capital appreciation by investing in companies seeking to benefit from adoption of innovative strategies and themes across sectors.
The New Fund Offer (NFO) will open for subscription on November 11, 2024 and closed November 25.
The Tata India Innovation Fund will strategically target companies at the forefront of such transformative innovation that leverage research & development (R&D) and technologies like machine learning, artificial intelligence, and digital transformation.
Key features-
# The Tata India Innovation Fund will utilize a bottom-up innovation-driven stock selection strategy, providing a blend of valuation stability and growth opportunities.
# The scheme aims to offer investors the chance for long-term capital growth by investing in equity and equity-related instruments of companies utilizing innovative strategies and themes. Please note that while efforts will be made to achieve this objective, there is no guarantee of success. As such, the scheme does not promise any specific returns.
# Scheme Type: Open-ended scheme focusing on the innovation theme.
# Companies that utilize research & development (R&D) and cutting-edge technologies such as machine learning, artificial intelligence, and digital transformation.
# Benchmark: Nifty 500
# Minimum investment Amount: Rs 5,000.
> Fund Managers: Meeta Shetty and Kapil Malhotra are the fund managers, overseeing the overseas portfolio.
> Exit Load: An exit load of 1% of the applicable net asset value (NAV) will be charged if redeemed within 90 days from the date of allotment.
For More details and investment
Sivakasi Manikandan, MBA (F&M), [MBA, I & FP],
FChFP, CIS, AMFI, CII (London)
Managing Director - AISMONEY
No. 21, MBT Road, (Opp) Indian Bank, Walajapet - 632 513
Ranipet Dt. Tamil Nadu, India.
+ 91 98405 77675
+ 91 96777 66393 (Office)
support@aismoney.com
