India’s first capital markets index fund launched by Tata Mutual Fund is here. This investment fund aims to replicate the performance of Nifty Capital Markets Index. The first of its kind in India – the Tata Nifty Capital Markets Index Fund‘s primary goal is to invest in top 20 companies from Nifty 500 Index that are part of the capital market ecosystem. This includes asset management firms, stockbrokers, exchanges, and data platforms.
Capital markets in India have bloomed over the past few years. This growth is a result of increased investor participation, higher trading frequency, digitalization of financial facilities and intermediaries, growth in demat accounts and mutual funds.
“The exemplary performance of the Indian stock market compared to the world and emerging markets over the years can be primarily attributed to India’s resilience to global geo-political and economic shocks, its solid and stable domestic macroeconomic outlook, and the strength of the domestic investor base,” stated Finance Minister Nirmala Sitharaman in Parliament.
About Tata Nifty Capital Markets Index Fund
Tata Nifty Capital Markets Index Fund belongs to the index fund category, and the type is open-ended.
Investment Objective: The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty Capital Markets Index (TRI), subject to tracking error.
NFO Information
If you wish to invest in Tata Nifty Capital Markets Index Fund, then here’s all the information you need about the NFO by Tata Mutual Fund.
| Open Date | 07-Oct-2024 |
| Close Date | 21-Oct-2024 |
| Allotment Reopens | 30-Oct-2024 (Scheme reopens for sale) |
| Risk | Very High |
Fund Details
Tata Nifty Capital Market Index Fund is an open-ended scheme benchmarked against the Nifty Capital Markets Index (TRI). The last date to invest in this scheme is October 21, 2024. Here are some important details about investing in this index fund:
| Minimum Investment | Lumpsum – ₹5000 |
| Exit Load | 0.25% if redeemed on or before 15 days from the date of allotment. |
| Entry Load | NIL |
| Minimal Additional Amount | ₹1,000 |
| Minimum Redemption | ₹500 or 50 units or folio balance (whichever is lower) |
Key Benefits
Tata Nifty Capital Market Index Fund is a unique opportunity for investors to explore. The confidence in the financial ecosystem is growing amongst Indians. This fund gives you an opportunity to invest in companies that are real force behind India’s capital growth.
- Affordable: Invest in India’s investment enablers at a minimal investment cost of ₹5000.
- Passively Managed: The fund selects the top companies from Nifty 500 Index and tracks the performance judiciously.
- Wealth Generator: Potential for long-term capital appreciation with a disciplined approach to investing.
- Access to Indian Equity Markets: The fund allows to invest in Indian Equity Markets that are experiencing tremendous growth.
Fund Manager
The new Tata Nifty Capital Market Index Fund is managed by Kapil Menon at Tata Mutual Fund.
Who Should Invest in Tata Nifty Capital Market Index Fund?
This fund is ideal for investors who are seeking:
- Long term capital appreciation
- Exposure via investment in equity and equity related instruments comprising Nifty Capital Markets Index.
- Sectoral exposure to key companies like stock exchanges, AMCs, financial advisories, depositories & more.
- Wealth and growth by investing in financial assets instead of physical assets.
Ideal Time to Stay Invested
The ideal investment period for this fund would be 3 to 5 years.
Conclusion
This is a tremendous opportunity to explore and invest India’s emerging equity markets. By investing in Tata Nifty Capital Market Index Fund, you invest in India’s financial markets and market movers! Consult your financial expert to invest in this NFO before 21st October 2024.
Note: This is not investment advice. All the above information is for educational purposes only.
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
