Tata MF Launches New Fixed Horizon Fund

Tata MF has unveiled Tata Fixed Horizon Fund Series-14 Scheme-B and it is a 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. Asset Allocation: The fund will invest can invest up to 100% in debt and money market instruments and securitised debt. The scheme may invest up to a maximum of 50% of the scheme's net assets in domestic securitised debt.