Tata Mutual Fund’s New Fixed Maturity Plan NFO Opened On July 20, 2018 Tata Mutual Fund’s new NFO has opened from July 20, 2018, and it will be available till July 25, 2018. Tata Fixed Maturity Plan Series 55 Scheme E comes under the close ended debt scheme. The investment objective of the new Fixed Maturity Plan is to produce income and/ or capital appreciation by investing in Fixed Income securities with maturity in line with the maturity of the plan. The maturity period of the Tata Fixed Maturity Plan Series 55 Scheme E will be 1099 days from the date of allocation. The maturity of all investments under the scheme will be equal to or less than the maturity of the plan. The minimum application amount of the new Tata Mutual Fund offer is 5,000 Rupees, and then in multiples of one Rupee thereafter. Tata Fixed Maturity Plan Series 55 Scheme E offers Regular Plan as well as Direct Plan with two option choices. The two options are Dividend Payout Option and Growth Option. The scheme performance will fall under the Benchmark – Crisil Medium Term Debt Index. The scheme does not assure or guarantee that the investment aim will be achieved, and also does not guarantee or assure any returns. Mr. Akhil Mittal has been appointed as the fund managers of the Tata Fixed Maturity Plan Series 55 Scheme E. Mr. Mittal joined as a Senior Fund Manager at Tata Asset Management Limited in June 2014. He looks after the fixed income investment schemes at the AMC, reported Bloomberg. Before joining the Tata MF, he worked as a Fund Manager at Canara Robeco Asset Management Company Ltd. Prior to that he worked with Principal PNB Asset Management Company Private Limited. and Edelweiss Securities Limited. He started his career in the treasury department at Rallis India Limited. According to Advisorkhoj, the new Tata Mutual Fund product is perfectly suitable for investors who are expecting fixed income or capital appreciation on maturity by investing in Debt securities and Money market instruments. The post Tata Mutual Fund’s New Fixed Maturity Plan NFO Opened On July 20, 2018 appeared first on OWLT Market.

Tata Mutual Fund’s new NFO has opened from July 20, 2018, and it will be available till July 25, 2018. Tata Fixed Maturity Plan Series 55 Scheme E comes under the close ended debt scheme.

The investment objective of the new Fixed Maturity Plan is to produce income and/ or capital appreciation by investing in Fixed Income securities with maturity in line with the maturity of the plan.

The maturity period of the Tata Fixed Maturity Plan Series 55 Scheme E will be 1099 days from the date of allocation. The maturity of all investments under the scheme will be equal to or less than the maturity of the plan.

The minimum application amount of the new Tata Mutual Fund offer is 5,000 Rupees, and then in multiples of one Rupee thereafter.

Tata Fixed Maturity Plan Series 55 Scheme E offers Regular Plan as well as Direct Plan with two option choices. The two options are Dividend Payout Option and Growth Option.

The scheme performance will fall under the Benchmark – Crisil Medium Term Debt Index. The scheme does not assure or guarantee that the investment aim will be achieved, and also does not guarantee or assure any returns.

Mr. Akhil Mittal has been appointed as the fund managers of the Tata Fixed Maturity Plan Series 55 Scheme E.

Mr. Mittal joined as a Senior Fund Manager at Tata Asset Management Limited in June 2014. He looks after the fixed income investment schemes at the AMC, reported Bloomberg.

Before joining the Tata MF, he worked as a Fund Manager at Canara Robeco Asset Management Company Ltd. Prior to that he worked with Principal PNB Asset Management Company Private Limited. and Edelweiss Securities Limited. He started his career in the treasury department at Rallis India Limited.

According to Advisorkhoj, the new Tata Mutual Fund product is perfectly suitable for investors who are expecting fixed income or capital appreciation on maturity by investing in Debt securities and Money market instruments.

The post Tata Mutual Fund’s New Fixed Maturity Plan NFO Opened On July 20, 2018 appeared first on OWLT Market.

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