myplexus

NFO Monitor

Fund Fact

Name of Funds:

Tata India Innovation

Opening:

11th November 2024

Closing:

25th November 2024

Minimum Investment:

Rs. 5,000/- and in multiples of Re. 1/- thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV if redeemed on or before 90 days from the date of allotment.

Fund Stats

Objective:

The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme.

Benchmark:

NIFTY 500

Fund Manager:

Meeta Shetty, Kapil Malhotra

Asset Allocation

80-100 % Equity upto 20% Money Market

upto 20% Debt upto 10% Others

Comparable existing schemes

Nippon India Innovation Fund	5.79(6M)	30.66(1Y)
ICICI Prudential Innovation Fund	6.03(6M)	40.88(1Y)

Fund Prognosis

Idea Distiller

A new India seeks to leapfrog into the dominant segment by leveraging innovation in tech and manufacturing.

Fund House AAUM:
Rs 17799880.6 Lakhs(as on 30th September, 2024)
Fund Manager:
Combined experience of above 18 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

It is not just another tech or manufacturing theme. It is much more. But high risk-reward game this is. Ooomphy for me!!!

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028