Tata Business Cycle Fund

Tata Business Cycle Fund NFO Details & Analysis

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Tata Business Cycle Fund NFO – TATA AMC has launched its new mutual fund. the NFO will open for subscription from 16 July 2021 to 30 July 2021.

Also read: What is a New Fund Offer(NFO) and its importance?

Investment Objective

  • Tata Business Cycle Fund is an open-ended equity scheme following business cycles based investing theme. 

Why Now?

Fund Details

Scheme nameTata Business Cycle Fund 
Type of schemeAn open-ended equity scheme following business cycles based investing theme.
NFO DatesJuly 16, 2021 – July 30, 2021
Fund ManagersRahul Singh, Venkat Samala (Overseas Investment), Murthy Nagarajan (Debt Portfolio)
BenchmarkNifty 500 TRI
Minimum Amount for Application during NFORs 5,000/- and in multiple of Re.1/- thereafter.
Minimum Additional Purchase AmountRs.1000/-& in multiples of Re.1/- thereafter.
Minimum Redemption/Switch-Out AmountRs.500 or 50 units or folio balance whichever is lower
Load1)Entry Load: Not applicableb)
2)Exit Load: NIL: 
3)Redemption/Switch-out/SWP/STP on or before 365 days from the date of allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment-NIL 
1%: Redemption/Switch-out/SWP/STP on or before 365 days from the date of allotment and if the withdrawal amount or switched out amount is more than 12% of the original cost of investment NIL: Redemption/Switch-out/SWP/STP after 365 days from the date of allotment
PlansDirect and Regular
OptionsGrowth Payout of Income Distribution Cum Capital Withdrawal Option (IDCW-Payout) Reinvestment of Income Distribution cum capital withdrawal Option (IDCW-Reinvestment)
Minimum SIP AmountRs.150 Minimum number of installments- 12

Also read: Direct Mutual Fund Platforms in India

Fund Characteristics

Indicative Asset Allocation

Benchmark

Nifty 500 TRI (Total Return Index) 

The Nifty 500 benchmark represents the top 500 companies based on full market capitalization from the eligible universe. The NIFTY 500 Index represents about 96.1% of the free-float market capitalization of the stocks listed on NSE as of March 29, 2019. 

A Total Return Index (TRI) reflects the returns on the index arising from: 

(a) Listed stock price movements and 

(b) Dividend receipts from those stocks.

Also read: Direct Mutual Funds: Features & Benefits

Investments in different phases

Systematic Investment Plan (SIP)

FrequencyInstallmentsMin. Amt
Daily / Weekly / Monthly12₹150/-
Monthly6₹1,000/-
Quarterly6₹1,000/-
4₹1,500/

Systematic Withdrawal Plan (SWP)

AvailableYes
FrequencyMonthly / Quarterly
Minimum Withdrawal₹500 /-

Fund Managers

  • Mr. Rahul Singh
  • Mr. Venkat Samala (Overseas Investment)
  • Mr. Murthy Nagarajan (Debt Portfolio)

Final Thoughts

Investing in an NFO is purely a personal choice. In this post, I tried to explain the features and importance of  Tata Business Cycle Fund NFO. make a detailed study before you invest in the mutual fund. also, discuss with your personal financial advisor before you make the decision.

Happy Investing


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