Tata Mutual Fund has decided to change the fundamental attributes of funds
Feb 15 2017
News Category: AMC Specific Updates
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Tata Mutual Fund has decided to change the fundamental attributes of the Tata Floater Fund and accordingly, the scheme will be known as Tata Ultra Short Term Fund. The scheme will invest up to 100% of assets in debt & money market instruments. The change will become effective from Mar 17, 2017. The AMC has also decided to change fundamental attributes of the Tata Income plus Fund and  the Scheme will be known as Tata Medium Term Fund. Accordingly, the scheme will invest 60%-100% of assets in debt securities and invest upto 40% of assets in money market instruments. Tata Income Plus Fund will also be known as Tata Medium Term Fund and Tata Treasury Manager Fund will be known as Tata Corporate Bond Fund. All the above changes will become effective from Mar 17, 2017.

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