Tata Mutual Fund has launched TATA Business Cycle Fund. The New Fund Offer (NFO) opens on Jul 16, 2021 and closes on Jul 30, 2021. The scheme re-opens on or before Aug 11, 2021. The Investment objective of this fund is to generate long-term capital appreciation by investing with focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles. The benchmark for this fund is Nifty 500 TRI Index. The fund will be jointly managed by Mr. Rahul Singh, Mr.Murthy Nagarajan, Mr. Venkat Samala.