Tata Ultra Short Term Fund – New Fund Offer (NFO) of Tata Mutual Fund

Tata Ultra Short Term Fund: Tata Mutual Fund is issuing the New Fund Offer (NFO) from 11-January-2019 to 21-January-2019.

According to the fund house, this scheme is suitable for investors who are seeking:-

  • Regular Income Over Short-Term, and
  • Investment in Debt & Money Market instruments such that the Macaulay Duration of the portfolio is between 3 months – 6 months.

Tata Ultra Short Term Fund

About Tata Ultra Short Term Fund NFO
Name of the Scheme Tata Ultra Short Term Fund
Fund House Tata Mutual Fund
Scheme Type Open Ended
Scheme Category Ultra-Short Term Debt Fund
Issue Starts 11-January-2019
Issue Closes 21-January-2019
NFO Unit Price Rs 10 per unit
Minimum Investment Rs 5000
Entry Load No
Exit Load No
Investment Manager Tata Asset Management Ltd.
Investment Objectives

According to the Tata Mutual Fund, the investment objectives of the scheme is as follows:-

To generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months – 6 months.
However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

Proposed Asset Allocation
Instruments Indicative allocations
(% of total assets)
Risk Profile
Minimum Maximum High/ Medium/ Low
Debt* and Money Market Instruments 0 100 Low to Medium

*Includes securitized debt (excluding foreign securitized debt) up to 70% of the net assets of the Scheme. The Scheme shall not invest in foreign securitized debt and credit default swaps.

(Read: NFO: New Fund Offer of Mutual Funds)

About Tata Mutual Fund

Tata Mutual Fund is one of India’s leading mutual fund houses. It was incorporated in the year 1994. This fund house is sponsored by Tata Sons Limited & Tata Investment Corp. Ltd. Assets of this mutual fund are managed by Tata Asset Management Ltd.

   As of 30-Sep-2018, the total Asset Under Management (AUM) of Tata Mutual Fund is Rs. 54824.12 crore.

Registered Office: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai – 400 021.

Telephone: (022) 66578282

Website: www.tatamutualfund.com

E-mail: service@tataamc.com

Please click here to read the scheme related document.

Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions. 

Follow us on Facebook, LinkedIn, and Twitter to get the latest posts.

Tags: #NFO #Mutual Fund #New Mutual Fund #Tata NFO #New Fund Offer #Tata Mutual Fund

Leave a Reply

Your email address will not be published. Required fields are marked *