Options tips & updates : Fund houses have announced a host of new offerings which are combined form of equity funds, tax-saving schemes & hybrid funds.At a particular instance, Axis Mutual Fund has launched 'Axis Children's Gift Fund', a hybrid fund that helps investors prepare to meet essential goals such as education/marriage of their children. Investments in the scheme can be made only in the name of a minor who is lesser than 18 years.
In the mean time, Tata Mutual Fund has declared five new fund offerings (NFOs) and a new series of an existing fund under 'Own a Piece of India' theme.
The new funds from the Tatas are —Tata Banking & Financial Services Fund, Tata India Pharma & Healthcare Fund, Tata Digital India Fund, Tata India Consumer Fund & Tata Resources & Energy Fund. The group's current fund is called Tata Infrastructure Fund. Own a Piece of India allows investors to take customized preferences in equity by combining exposure to different sections with 'One Application — One Cheque'.
In the mean time, Tata Mutual Fund has declared five new fund offerings (NFOs) and a new series of an existing fund under 'Own a Piece of India' theme.
The new funds from the Tatas are —Tata Banking & Financial Services Fund, Tata India Pharma & Healthcare Fund, Tata Digital India Fund, Tata India Consumer Fund & Tata Resources & Energy Fund. The group's current fund is called Tata Infrastructure Fund. Own a Piece of India allows investors to take customized preferences in equity by combining exposure to different sections with 'One Application — One Cheque'.
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