Tata India Innovation Fund:
The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme. 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.
Investment Philosophy:
1. Invest in the Future: The fund aims to create a bottom-up portfolio of innovation-led companies, focusing on both incremental and breakthrough innovations
2. Types of Innovation: The fund will invest in companies that are making significant, game-changing advancements (breakthrough innovation) as well as those making small, continuous improvements to existing products, services, or processes (incremental innovation)
3. Stock Selection Philosophy: The fund would follow Growth at Reasonable Price (GARP) philosophy
(source:tatamutualfund.com)
Tata India Innovation Fund NFO Details:
| Mutual Fund | Tata Mutual Fund |
| Scheme Name | Tata India Innovation Fund |
| Objective of Scheme | The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme. 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. |
| Scheme Type | Open Ended |
| Scheme Category | Equity Scheme – Sectoral/ Thematic |
| New Fund Launch Date | 11-Nov-2024 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 25-Nov-2024 |
| Indicate Load Seperately | Exit Load: 1% of the applicable NAV, if redeemed on or before 90 days from the date of allotment |
| Minimum Subscription Amount | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
(source:amfiindia)
Tata India Innovation Fund NFO
Application Form
Scheme Documents
(source:tatamutualfund.com)
