Tata Nifty Financial Services Index Fund-Reg (G)

Tata Nifty Financial Services Index Fund-Reg (G) is a scheme launched by Tata Mutual Fund on April 22, 2024, and falls under the Index fund category. It currently manages an AUM of Rs 79.9 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 5000. It charges an expense ratio of 1.04% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty Financial Services Index (TRI), subject to tracking error.

• Performance:

  Tata Nifty Financial Services Index Fund-Reg (G) trailing returns over different times are 10.11% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 12.22%.