TATA Nifty India Tourism Index Fund (NFO) Details | India's First Tourism Index Fund

Tata Mutual Fund has announced the launch of India's First Tourism Index Fund, Tata Nifty India Tourism Index Fund, an open-ended equity scheme that will predominantly invest in the tourism sector. The Tata Nifty India Tourism Index Fund (NFO) new fund offer will be open for subscription on 8 July and will close on July 16.

Tata Tourism Index Fund aims to generate long-term capital appreciation by investing primarily in equity and equity-related instruments of companies involved in or benefiting from the growth of emerging tourism sectors of India, as well as related businesses. The tata index fund scheme will be managed by Kapil Menon, with the Nifty India Tourism TRI as its benchmark. The scheme will contain Tata Nifty India Tourism Index Fund - reg (g), Tata Nifty India Tourism Index Fund direct-growth as well as Tata Nifty India Tourism Index Fund with IDCW plan.

Watch this tata tourism index fund nfo details video till the end to learn more about this tata mutual fund new nfo.

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