TATA Nifty500 Multicap India Manufacturing 50 30 20 Index Fund NFO Review

TATA Nifty500 Multicap India Manufacturing 50 30 20 Index Fund NFO Review

TATA Nifty500 Multicap India Manufacturing 50 30 20 Open on 08 April 2024 and Close on 22 April 2024. TATA Nifty500 Multicap India Manufacturing 50 30 20 Allotment Date is 25 April 2024, and the NFO Type is (Open-Ended). NFO Risk is Very High and the Minimum Investment Amount  is ₹5,000. The Minimum SIP Investment Amount is ₹100.

 

About SCHEME BENCHMARK

 

As per the investment objective of the scheme, the investment would primarily be in securities which are constituents of the Nifty500 Multicap India Manufacturing 50:30:20 Index. Thus, the composition of the aforesaid benchmark index is such that it is most suited for comparing performance of the Scheme.

 

The Nifty500 Multicap India Manufacturing 50:30:20 aims to track the performance of select large cap, mid cap and small cap stocks from the Nifty 500 index that represent the manufacturing theme. The weight of stocks is based on stock’s free float market capitalization with overall weight to large cap segment fixed at 50%, mid-cap segment fixed at 30% and small cap segment fixed at 20%. The weight of each stock in the index is capped at 10%

 

  •  Large cap universe : stocks forming part of the Nifty 100
  •  Mid cap universe : stocks forming part of the Nifty Midcap 150
  •  Small cap universe : stocks forming part of the Nifty Smallcap 250

TATA Nifty500 Multicap India Manufacturing 50 30 20 Index Fund NFO Review

 

 

 

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