Tata MF floats on Fixed Investment Plan 4 B

News Flash

FOREIGN FUNDS NET SELL RS.463.89 CR IN EQUITIES ON NOVEMBER 20 (PROV)
MUTUAL FUNDS NET SELL RS.176.7 CR IN EQUITIES ON NOVEMBER 19
DII'S NET BUY RS.18.46 CR IN EQUITIES ON NOVEMBER 20 (PROV)
TO ENTER INTO CUSTOMIZED MOTOR CYCLE BIZ VIA PRO-BIKING SHOWROOMS
TO EXPAND PANTNAGAR CAPACITY TO 70,000 UNITS IN NEXT FEW MONTHS
AKER IS A NORWEGIAN SERVICE PROVIDER CO FOR OIL AND GAS OPERATIONS
AKER SOLUTIONS TO PROVIDE SUPPORT SERVICES IN KG BASIN
AKER BAGGED SUB SEA PRODUCTION ORDER FROM RIL IN 2006 ALSO
RELIANCE IND PLACES RS.115 CR ORDER WITH NORWAY'S AKER SOLUTIONS
PORTING CHARGES TO BECOME APPLICABLE FROM DECEMBER 31, 2009
MNP ALLOWS USERS TO CHANGE OPERATORS WHILE RETAINING MOBILE NOS
USERS TO PAY MAX OF RS.19 TO CHANGE OPERATOR WHILE RETAINING OLD NUMBER
TRAI COMES OUT WITH NUMBER PORTABILITY CHARGES
PUNJAB NATIONAL BANK PLANS TO RAISE RS 700 CR BY SELLING BONDS
TATA TELE-QUIPPO OFFERING BETTER SERVICING DEAL FOR TOWERS: SOURCES
GTL BID 10-15% HIGHER THAN TATA-QUIPPO: SOURCES
DEAL VALUED AT AROUND RS.6000 CR : SOURCES
MAY JOIN RACE FOR SHELL'S EUROPEAN REFINERIES: SOURCES
SENSEX, NIFTY UP 1% EACH FOR THE WEEK
CNX MIDCAP INDEX UP 1%, BSE SMALLCAP INDEX UP 1.6%
METAL INDEX UP 3.7%, AUTO INDEX UP 2.3%, FMCG UP 1.5%
INDEX GAINERS: SUZLON UP 9.3%, TATA STEEL UP 6.3%, SAIL UP 5.3%
APPROACHED SHELL FOR BUYOUTS BEFORE ESSAR'S EXCLUSIVE TALKS BEGUN
ESSAR-SHELL IN EXCLUSIVE NEGOTIATIONS TILL NOV 30 TO BUY 3 SHELL REFINERIES
RIL SPOKESPERSON: 'WE ARE REVIEWING A NUMBER OF GLOBAL OPPORTUNITIES'
RIL SPOKESPERSON TO NDTV: 'REVIEWS CANNOT ASSURE TRANSACTIONS'
JSW ENERGY ALSO IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
CESC, SREI INFRA IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
GAMMON INFRA BAGS NHAI PROJECT WORTH RS.850 CRORES
NET PROFIT AT RS.48.2 CR VS RS.12 CR; SALES UP 55% AT RS.849 CR (YOY)

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