The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty500 Multicap India Manufacturing 50:30:20 Index (TRI), subject to tracking error. 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.
TATA Nifty500 Multicap India Manufacturing 50:30:20 Index Fund is a passively managed Index Fund which will employ an investment approach designed to replicate/ track the performance of Nifty500 Multicap India Manufacturing 50:30:20 Index (TRI), subject to tracking error. 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. The Scheme seeks to achieve the investment objective by investing in securities constituting the of Nifty500 Multicap India Manufacturing 50:30:20 Index in same proportion as in the Index. The Scheme will invest at least 95% of its total assets in the securities comprising the Underlying Index. The Scheme may also invest in money market instruments to meet the liquidity and expense requirements. The fund is ideal for those investors who would like to invest in passively managed fund investing in a diversified portfolio of well-known companies as represented by Nifty500 Multicap India Manufacturing 50:30:20 Index.
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