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Tata Nifty200 Alpha 30 Index Fund- NFO: Review, Date & Nav

  


Tata Nifty200 Alpha 30 Index Fund: Complete Overview

“Tata Nifty200 Alpha 30 Index Fund” by Tata Mutual Fund is an open-ended scheme that replicates or tracks Nifty200 Alpha 30 Index (TRI). The New Fund Offer (NFO) date is from August 19 to September 02, 2024, with an NFO price of Rs.5000 and in multiples of Rs.1 thereafter.
To learn about the Fund's asset allocation, and other financial characteristics that influence decision-making, carefully read this blog.

 

 

Tata Nifty200 Alpha 30 Index Fund NFO Details

The scheme is suitable for investors who want to achieve long-term capital gain and seek to invest in equity and equity-related securities, underlying the Nifty200 Alpha 30 Index. The scheme is a very high-risk scheme. There is no assurance that the scheme's investment goal will be met.

The scheme will invest 95-100% of its units in securities covered under the Nifty200 Alpha 30 Index and 0-5% in the Debt, money market including Mutual fund Units.

Click Here To Stay Updated With The Latest NFOs.

 

Fund Overview

The Tata Nifty200 Alpha 30 Index Fund NFO minimum subscription amount is Rs.5000 and in multiples of Rs.1 thereof.

Start Date

19 August 2024

End Date

02 September 2024

Allotment Date/Subscription Date/Re-open Date

11 September, 2024.

VRO Rating

-

Expense Ratio

Nil

Exit Load

0.25% of the NAV, if redeemed within 15 days.

AUM 

Rs.161,036.71 crore (As of 30 Jun 2024).

Lock-in

NA

Stamp Duty

0.005% (From July 1st 2020)

Benchmark 

Nifty200 Alpha 30 Index (TRI).

Min. Investment

Rs.5000 and in multiple of Rs.1.

Risk

Very High

Short-Term Capital Gains (STCG)

For less than 2 years, as per Tax Slab.

Long-Term Capital Gains (LTCG)

For more than 2 years, a 12.50% Tax is applicable.

 

How To Invest In The NFO After The Closure Date?

If you have missed participating in the NFO and now want to invest in the same Scheme on a continuous basis, then on 11 September 2024, when the Scheme will reopen; you will have the option to participate and invest directly in the Mutual Fund by spending at NAV based price by logging on to your Demat account and search for “Tata Nifty200 Alpha 30 Index Fund” or directly with the AMC or simply click the ‘Banner’ below.

Detailed Video:

The Objective of The Fund

The Scheme aims to deliver returns that are in line with the Nifty200 Alpha 30 Index (TRI) performance, before expenditures, subject to tracking error. Nevertheless, there can be no assurance or guarantee that the scheme's investment goals will be met.

Asset Allocation (% of Total Assets) of the Scheme's portfolio will be as follows:

Types of Instruments

Minimum Allocation (% of Total Assets)

Maximum Allocation (% of Total Assets)

Units in securities covered under the Nifty200 Alpha 30 Index

95

100

Debt, money market including Mutual fund Units

0

5

 

Peers of Tata Nifty200 Alpha 30 Index Fund

Scheme

1Y Return

AUM (Rs.)

Mirae Asset Nifty 200 Alpha 30 ETF

71.68%

227.66 Cr.

Since this scheme is a new scheme, hence no comparable data on its past performance against its peers is available.

Risk Factors In Such Funds

  • The securities that the scheme invests in might perform worse than other asset classes or the overall securities markets. When compared to other securities markets, different types of securities frequently experience cycles of outperformance and underperformance.

  • The Scheme will not be actively managed because it plans to invest at least 95% of its net assets in the underlying Index's securities. A general fall in the Indian markets to its underlying index may have an impact on the Scheme that is connected to it.

  • There is some risk associated with investing in equities and equity-related instruments, thus prospective buyers should only purchase equity schemes if they can afford to assume the possibility of losing their money.

  • The price of the money market instrument(s) and the net asset value of the scheme may be impacted by changes in interest rates, just like with money instruments.

  • The investment in the scheme could increase or decrease based on a variety of variables and pressures affecting the debt and capital markets, as well as changes in the interest rate, price, and value of the securities in which the scheme invests.

Past Performance of Index Funds

Index Funds

NAV (Rs.)

Annualised Return

Return / Risk

Bandhan Nifty 50 Index Fund Direct Plan-Growth

53.02

25.17%

Very High Risk

ICICI Prudential Nifty Next 50 Index Direct-Growth

66.23

63.23%

Very High Risk

UTI Nifty 50 Index Fund Direct-Growth

166.69

25.16%

Very High Risk

 

Tata Nifty200 Alpha 30 Index Fund NFO-Who Can Invest?

This Fund is ideal for those who want to achieve long-term capital gain and seek to invest in equity and equity-related securities, underlying the Nifty200 Alpha 30 Index. 

Tata Nifty200 Alpha 30 Index Fund-Growth Fund Managers:

  • Mr. Kapil Menon

Conclusion

The Tata Nifty200 Alpha 30 Index Fund is appropriate for investors who are high-risk tolerant and aiming for capital maturity over a long duration by investing in equity and equity-related securities, underlying the Nifty200 Alpha 30 Index. Always assess your Financial Goals, Risk tolerance, time horizons, etc. before making an investment decision. 

Disclaimer: This NFO analysis is provided solely for informative reasons and should not be construed as investment advice. Always conduct research and talk with a financial advisor before investing.



Frequently Asked Questions

+

The opening date of the Scheme is 19 August 2024.

+

The closing date of the Scheme is 02 September 2024

+

NAV expands as Net Assets Value.

+

The Scheme's Fund Manager is Mr. Kapil Menon.

+

The minimum investment for the Scheme is Rs.5000 and in multiple of Rs.1.



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