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Tata Mutual Fund introduces Fixed Maturity Plan Series 56 Scheme H (1215 Days)

14-Dec-2018 12:20 Hrs IST

Tata Mutual Fund has launched the 'Tata Fixed Maturity Plan Series 56 Scheme H (1215 Days)', a close ended debt scheme. The NFO opens for subscription on December 14, 2018 and closes on December 20, 2018. No entry load and exit load for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter. The scheme’s performance for will be benchmarked against CRISIL Medium Term Debt index and its fund manager is Akhil Mittal.The investment objective of the scheme is to generate income and / or capital appreciation by investing in Fixed Income Instruments having maturity in line with the maturity of the scheme. The maturity of all investments shall be equal to or less than the maturity of the scheme.

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