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Tata AMC Ltd has launched a new fund offer for Tata Business Cycle Fund. The fund is open for subscription between July 16 and July 30, 2021. 

Read on to find out more about the NFO

Investment Objective

Tata Business Cycle Fund is an open-ended equity scheme following business cycles based investing theme. 

Invest in direct mutual funds

  • Enjoy 0% commission
  • SIP starting at ₹500

Indicative Asset Allocation

Types of Instruments  Indicative allocation  (% of total assets)  Risk Profile
Minimum Maximum
Equity and equity-related instruments selected on the basis of the business cycle 80% 100%  High
Other Equity & Equity Related Instruments 0% 20% Medium to High
Debt and Money market instruments & Gold ETF 0% 20% Low to Medium
Units issued by REITs & InvITs. 0% 10% Medium to High

Fund Details

Scheme name Tata Business Cycle Fund 
Type of scheme An open-ended equity scheme following business cycles based investing theme.
NFO Dates July 16, 2021 – July 30, 2021
Fund Managers Rahul Singh, Venkat Samala (Overseas Investment), Murthy Nagarajan (Debt Portfolio)
Benchmark Nifty 500 TRI
Minimum Amount for Application during NFO Rs 5,000/- and in multiple of Re.1/- thereafter.
Minimum Additional Purchase Amount Rs.1000/-& in multiples of Re.1/- thereafter.
Minimum Redemption/Switch-Out Amount Rs.500 or 50 units or folio balance whichever is lower
Load a) Entry Load: Not applicable

b) Exit Load: 

NIL: Redemption/Switch-out/SWP/STP on or before 365 days from the date of allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment-NIL 

1%: Redemption/Switch-out/SWP/STP on or before 365 days from the date of allotment and if the withdrawal amount or switched out amount is more than 12% of the original cost of investment

NIL: Redemption/Switch-out/SWP/STP after 365 days from the date of allotment

Plans Direct and Regular
Options Growth 

Payout of Income Distribution Cum Capital Withdrawal Option (IDCW-Payout) 

Reinvestment of Income Distribution cum capital withdrawal Option (IDCW-Reinvestment)

Minimum SIP Amount Rs.150 

Minimum number of installments- 12

Benchmark

Nifty 500 TRI (Total Return Index) 

The Nifty 500 benchmark represents the top 500 companies based on full market capitalisation from the eligible universe. The NIFTY 500 Index represents about 96.1% of the free-float market capitalization of the stocks listed on NSE as of March 29, 2019. 

A Total Return Index (TRI) reflects the returns on the index arising from: 

(a) Listed stock price movements and 

(b) Dividend receipts from those stocks.

Fund Managers

Mr. Rahul Singh

Mr. Rahul Singh has been with Tata Asset Management Ltd. since October 2018. He is currently Chief Investment Officer – Equities. In the past, he has worked with Ampersand Capital Investment Advisors LLP, Standard Chartered Securities Ltd. and Citigroup Global Markets.

Other funds managed by him are:

  • Tata Balanced Advantage Fund
  • Tata Focused Equity Fund
  • Tata Multi Asset Opportunities Fund  
  • Tata Dividend Yield Fund (Co-Fund Manager)

Mr. Venkat Samala (Overseas Investment)

Mr. Venkat Samala has been working since May 2019 with Tata Asset Management Ltd as Research Analyst, tracking textiles, building materials, aviation, real estate and hospitality sectors. 

In the past, he has worked with Quality Engineering & Software Technologies Pvt Ltd as a senior design engineer.

Other funds managed by him are:

  • Overseas Investment of Tata Focused Equity Fund,
  • Tata Digital India Fund,
  • Tata Large Cap Fund &
  • Tata Dividend Yield Fund

Mr. Murthy Nagarajan (Debt Portfolio)

Mr Murthy Nagarajan has been working with Tata Asset Management Ltd. since March 2017 as Head- Fixed Income. In the past, he has worked with Quantum Asset Management Co. Pvt. Ltd and Mirae Asset Global Investment India Pvt. Ltd.

Other funds managed by him are:

  • Tata Gilt Securities Fund
  • Tata Short-Term Bond Fund
  • Tata Medium Term Fund (co fund manager)
  • Tata Hybrid Equity Fund (Debt Portfolio)
  • Tata Equity Savings Fund (Debt Portfolio)
  • Tata Retirement Savings Fund (Debt Portfolio)-Progressive
  • Moderate & Conservative Plan
  • Debt Portfolio of Tata Multi Asset Opportunities Fund
  • Tata Dividend Yield Fund (Debt Portfolio).

Happy Investing!

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Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.