Tata MF Rolls Out New Fund

Tata Mutual Fund has announced the launch of Tata Treasury Manager Fund that offers different investment plans and options. The scheme is an open-ended debt scheme. The issue will be open for subscription from 10 July and close on 12 July 2007. The NFO price will be Rs. 1000 per unit. The scheme offers following plan and options: Retail investment plan with growth option and dividend option with monthly frequency; High investment plan with growth option and dividend option with daily weekly and monthly frequency and Super high investment plan with growth option and dividend option with daily, weekly and monthly frequency. The minimum investment amount under retail investment plan is Rs. 25,000 and in multiple of Re. 1 thereafter. The minimum investment amount under high investment plan is Rs. 10 lakh and in multiple of Re. 1 thereafter. The minimum investment amount for super high investment plan is Rs.1 crore and in multiple of Re. 1 thereafter. There will be no entry load as well as exit load on the scheme.