Tata MF has 2 funds in pipeline
Jun 01, 1999

Author: PersonalFN Content & Research Team

Tata MF plans to mobilise Rs 1.5 bn in FY2000 through 2 funds - a gilt offering and a pension fund.

Although the MF has set itself of Rs 100 m in its recent launch of 'Tata Life Sciences and Technology Fund', it is hopeful of doubling the target.

The new scheme is open-ended which shall invest mainly in recession-proof growth sectors. The scheme will open on June 7 and close on June 18. It will open again later, allowing investors to enter and exit the fund.



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