Great opportunity to earn money from mutual fund
Along with this, it is also worth mentioning that for higher returns in mutual funds, it is necessary that the money should be kept in investment for some time.
Mutual Fund Investment TATA NFO: Tata’s asset management company Tata Asset Management has launched the company’s new multi-cap fund. This multi-cap fund will invest in large, mid, and small-cap and is an open-ended equity fund scheme. That is, there is no compulsion to keep money in this fund for a certain time. It is always suitable for the short term. Along with this, it is also worth mentioning that for higher returns in mutual funds, it is necessary that the money should be kept in investment for some time.
This new fund offer of Tata i.e. NFO opened on 16 January i.e. Monday. The company has opened this fund till January 30.
Detailed information about the fund is given on the website of Tata Asset Management. Along with this, it has also been explained in detail in the video on YouTube. It is mentioned here that Tata Multicamp Fund is an open-ended scheme that will invest in Large Cap, Mid Cap, Small Cap stocks. By investing in all three caps, the investment will be made in different phases in different unique industries, whose maturity will also be at different times and thus different segments will get a reasonable valuation. The focus of Tata Multicap Fund will be on investment through combination. The company says that in the coming 3-5 years, India’s economic growth fund will also write a story of growth.
The company says that 25 percent of the entire fund corpus will be invested in all types of caps, which will result in balanced growth. To invest in this fund, a minimum investment of Rs 5000 will have to be made. The company has not levied any load charges on investments, while exit charges will be levied before one year and exit charges will be zero after one year. The fund managers of this New Fund Offer (NFO) are Rahul Singh (Equity), Murthy Nagarajan (Fixed Income), and Arvindkumar Chetty (Research Analyst). At the same time, Tejas is Gutka (co-fund manager).
Know in one line what is NFO. When a mutual fund company comes up with a new scheme, then its new issue is called New Fund Offer (NFO).