Tata MF Rolls Out New Fixed Horizon Fund

Tata MF has rolled a scheme called Tata Fixed Horizon Fund Series-14 Scheme-A and it is close end debt scheme. The scheme has tenure of 371 days. The investment objective of the schemes is to generate income and / or capital appreciation by investing in wide range of debt and money market instruments. The fund will invest can invest upto 100% in debt and money market instruments and securitised debt. The scheme may invest upto a maximum of 50% of the scheme's net assets in domestic securitised debt.