Tata AMC launches six Index Funds
ata Asset Management Company, a pioneer in the mutual fund industry, is pleased to announce the launch of a suite of six innovative index funds today. These index funds are meticulously designed to provide investors with exposure to key sectors having growth potential in the current economic landscape.
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Mumbai, Apr 8: Tata Asset Management Company, a pioneer in the mutual fund industry, is pleased to announce the launch of a suite of six innovative index funds today. These index funds are meticulously designed to provide investors with exposure to key sectors having growth potential in the current economic landscape.
Tata Nifty 500 Multicap 50:30:20 Infrastructure Index Fund: This scheme aims to replicate the performance of the Nifty 500 Multicap Infrastructure Index with a strategic allocation ratio of 50:30:20 across large-cap, mid-cap, and small-cap companies. With public capital expenditure in infrastructure witnessing a significant surge and factories operating at optimal levels, this fund presents an opportune investment avenue for those seeking exposure to India's burgeoning infrastructure sector.
Tata Nifty MidSmall Healthcare Index Fund: This fund mirrors the Nifty MidSmall Healthcare Index, capitalizing on the favorable factors driving the healthcare industry, including robust margins, stable pricing pressures in international markets, and increasing health consciousness among consumers.
Tata Nifty Realty Index Fund: The index fund is positioned to tap into the thriving real estate sector. This fund tracks the Nifty Realty Index, potentially benefiting from factors such as soaring residential demand, rapid sales velocity, and a resilient balance sheet post-RERA implementation.
