NFO Alert: Tata Mutual Fund announces launch of Tata Multi-sector Passive FoF

Tata Mutual Fund has launched the Tata Multi-sector Passive FoF, an open-ended scheme investing in passive equity funds across various sectors. Aiming for long-term capital appreciation, it uses a rules-based approach with fund manager discretion to dynamically allocate to leading sectors, mitigating emotional bias and timing challenges for investors. The NFO is open until July 6, with a minimum investment of Rs 5,000.

Raccontata daeconomictimes.indiatimes.com