Tata MF floats on Fixed Investment Plan 4 B

News Flash

For full coverage of Budget 2009, log on to Budget.ndtv.com
CUTS BPLR BY 25 BPS TO 12% WITH EFFECT FROM JULY 25
EUROPEAN MKTS DROP FOR 3RD STRAIGHT WEEK; DAX DN 1.4% FOR THE WEEK
SMS BOS < space > stock query at 56388
RIL MOVES SUPREME COURT CHALLENGING BOMBAY HIGH COURT JUDGEMENT
RIL ALLEGES THAT BOMBAY HC ERRED IN DECIDING QUANTITY, TENURE, PRICE OF GAS
RIL MOVES SUPREME COURT CHALLENGING BOMBAY HIGH COURT JUDGEMENT
RNRL FILES PETITION IN SC SEEKING MODIFICATIONS TO BOMBAY HC ORDER
RNRL ASKS SUPREME COURT TO DIRECT RIL TO IMPLEMENT BOMBAY HC ORDER
For midnight delivery of gifts log onto NDTVgifts.com
Free shipping in 500 cities. Log onto NDTVgifts.com
Surprise your loved ones with flowers.log onto NDTVgifts.com
Email us at buyorsell@ndtv.com
Call us at 011-26201171
CLB ORDER IN THE MATTER OF MAHINDRA SATYAM EXPECTED ON MONDAY
OPEN TO 1-2 GOVT NOMINEES TO BE RETAINED FOR INVESTIGATION PURPOSE
MAHINDRA SATYAM BOARD HAS WRITTEN TO CLB TO RECALL GOVT NOMINATIONS
BHARTI GETS INTERPRETIVE ORDER FROM SEBI ON WAIVER OF OPEN OFFER
ORDER CONDITIONAL ON BHARTI GETTING NOD FOR SCHEME OF ARRANGEMENT BY HC
BHARTI WILL NEED SHAREHOLDER APPROVAL FOR SCHEME OF ARRANGEMENT
TATKAL BOOKING PERIOD REDUCED TO 2 DAYS FROM 5 NOW
TO FORM EXPERT COMMITTEE FOR OPTIC FIBRE CABLE NETWORK
PROVISION FOR NEW LINES AT RS.2921CR FROM RS,1100CR
RECEIVED INCREASED BUDGETARY SUPPORT BY RS.5000 CR IN FY'10
MAMATA BANERJEE: ECONOMIC VIABILITY OF PROJECTS IS NOT THE KEY CONCERN
ANNUAL PLAN OUTLAY OF RS.40,740 CR IN FY10
TO DEPLOY RS.15675 CR VIA INTERNAL RESOURCES
RAILWAY FINANCE CORP TO BORROW RS.9000 CR IN FY'10
FY'10 GROSS TRAFFIC RECEIPTS SEEN AT RS.8842 CR
EXPECT RS.58500 CR REVS FROM FREIGHT, RS.23400 FROM PASSENGERS IN FY'10

Updated: 27/09/2008 | 12:00 AM IST

Mutual fund

Tata MF floats on Fixed Investment Plan 4-B

Capital Market

Saturday, September 27, 2008 (New Delhi)

Blog

Comments:

Read (0)

Post

Rate the story

Tata Mutual Fund has commenced Tata Fixed Investment Plan 4-B on 25 September 2008. The New Fund Offer (NFO) period for subscription will close on 16 October 2008. The NFO face value of the new fund is Rs 10 per unit. Scheme will be reopened for repurchase before 5 November 2008.

The scheme is a close end debt scheme with tenure of 18 months from the date of allotment. The investment objective of the scheme is to generate income and / or capital appreciation by investing in wide range of debt and money market instruments.

The scheme has three plans Regular, High Institutional Plan (HIP) and Super High Institutional Plan (SHIP). Each plan has two options growth and periodic dividend option. Dividend option has periodic option with dividend payout and dividend re-investment facility.

The minimum investment amount under regular investment plan will be Rs. 10000 and in multiples of Re. 1 thereafter. The minimum investment amount under high institutional plan will be of Rs. 25 lakh and in multiples of Re. 1 thereafter. For the Super High Institutional Plan, the application amount will be Rs 1 crore and in multiples of Re. 1 thereafter.

There will no entry load charged for the scheme due to its close-ended structure.

The investment plan 4 charges an exit load of 2.00%, if the investment is redeemed before maturity. There will be no exit load charged if the redemption made on maturity date.

The fund will invest entire corpus in debt and money market instruments and securitised debt. No investments would be made in foreign securitised debt. The scheme may invest up to a maximum of 50% of the schemes net assets in domestic securitised debt.

Benchmark Index of the scheme is CRISIL Short Term Bond Fund Index. Raju Sharma will manage the scheme.

Powered byCapital Market - Live News