| Tata Mutual Fund | |
| Scheme Name | Tata Dividend Yield Fund |
| Objective of Scheme | The investment objective is to provide capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns. |
| Scheme Type | Open Ended |
| Scheme Category | Equity Scheme – Dividend Yield Fund |
| New Fund Launch Date | 03-May-2021 |
| New Fund Offer Closure Date | 17-May-2021 |
| Indicate Load Separately | Entry Load: N.A. Exit Load: Redemption/Switch-out/SWP/STP on or before expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment-NIL Redemption/Switch-out/SWP/STP on or before expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment-1% Redemption/Switch-out/SWP/STP after expiry of 365 days from the date of allotment |
| Minimum Subscription Amount | Rs.5,000/- |
| For Further Details Please Visit Website | www.tatamutualfund.com |
Source from: www.amfiindia.com
Mutual Funds Based on Asset Class
Dividend Yield Fund: Dividend Yield is the dividend paid per unit divided by the market price. The Dividend Yield Fund invests around 70-80% of its corpus in stocks that have a dividend yield higher than that of the market.
Mutual Funds Based on Structure
Open-Ended Funds: These are funds in which units are open for purchase or redemption through the year. All purchases/redemption of these fund units are done at prevailing NAVs. Basically these funds will allow investors to keep invest as long as they want. There are no limits on how much can be invested in the fund. They also tend to be actively managed which means that there is a fund manager who picks the places where investments will be made. These funds also charge a fee which can be higher than passively managed funds because of the active management. They are an ideal investment for those who want investment along with liquidity because they are not bound to any specific maturity periods. Which means that investors can withdraw their funds at any time they want thus giving them the liquidity they need.
