Tata MF has rolled out a new fund called Tata Fixed Investment Plan-2. The scheme is a close end debt scheme. The scheme has two plans -Plan A and Plan B with tenure of 13 months from the date of allotment.
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 scheme may invest up to a maximum of 50% of the scheme's net assets in domestic securitised debt. The fund will invest can invest up to 100% in debt and money market instruments and securitised debt. No investments would be made in foreign securitised debt. The scheme net assets will have a maximum derivative net position of 50% of the net assets of the scheme. Investment in derivative instruments may be done for hedging and Portfolio balancing.
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 scheme may invest up to a maximum of 50% of the scheme's net assets in domestic securitised debt. The fund will invest can invest up to 100% in debt and money market instruments and securitised debt. No investments would be made in foreign securitised debt. The scheme net assets will have a maximum derivative net position of 50% of the net assets of the scheme. Investment in derivative instruments may be done for hedging and Portfolio balancing.
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