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Tata Mutual Fund has launched Tata Multicap Fund, an open-ended equity scheme investing 25% of the total corpus each in large cap, mid cap, small cap stocks.
In a press release, Rahul Singh, CIO - Equities, Tata MF said, “The fund focuses on combinations - across market caps, strategies, themes and sectors with growth at reasonable price or GARP as the underlying philosophy aiming to improve the risk adjusted returns of the overall portfolio and potentially provide a smoother journey to the investor. The fund can be well placed to capture the potential of a broad-based economic growth outlook for India over next 3-5 years.”
The benchmarked of the fund is Nifty 500 multicap 50:25:25 TRI.
