Tata Mutual Fund has launched a new open ended scheme called Tata Multi Asset Opportunities Fund. The NFO is open for subscription from 14th February 2020 to 28th February 2020. The investment objective of the scheme is to generate long term capital appreciation by investing across asset classes including Equities, commodities and fixed income.
In this article
Fund Details: Highlights
|Name of the Scheme||Tata Multi Asset Opportunities Fund|
|NFO Dates||Opens on 14th January 2020 & closes on 28th January 2020|
|Scheme Type||Open-ended scheme investing in equity, debt and exchange traded commodity derivatives|
|Category of Scheme||Hybrid Scheme – Multi Asset Allocation|
|Risk Level||Moderately high|
|Fund Manager||Rahul Singh, Murthy Nagarajan, Aurobinda Prasad Gayan & Sailesh Jain|
|Benchmark||Composite Index: 65% S & P BSE 200 + 15% CRISIL Short Term Bond Fund Index + 20% iComdex|
|Minimum Investment Amount||Rs. 5000 and in multiples of Re 1/- thereafter|
|Entry Load (During NFO)||NIL|
|Exit Load||1% for redemption within 365 days from the date of allotment|
Insights About The Fund
The fund is best suited for the investors who are seeking long term capital appreciation by investing in equity and equity-related instruments, debt instruments, exchange traded commodity and other instruments. Under this fund, investors have the option of investing across asset classes. Each of these asset classes presents its unique proposition and the fund aims to generate returns across market phases through a combination of these asset classes:
Commodities: The commodity portfolio (Exchange Traded commodity portfolio or ETCP) which seeks to generate returns through arbitrage and directional strategies in derivatives.
Equities: The equity portfolio aims to generate long term capital appreciation.
Fixed Income: The fixed income portfolio is the best fit to generate regular income.
The scheme offers both regular and direct plans. The plans further offer Dividend option and growth options. The dividend option has sub-options of dividend payout and dividend reinvestment.
This fund is managed by Rahul Singh, Murthy Nagarajan, Aurobinda Prasad Gayan & Sailesh Jain.
Rahul Singh: With a rich investment experience of over 23 years, Rahul Singh joined Tata Asset Management in October 2018 as CIO- Equities and leads the fund management and equity research teams. Prior to Tata Asset Management, Rahul was associated with Ampersand Capital Investment Advisors LLP, Standard Chartered Securities, and Citigroup Global Markets India. Mr. Singh is B.tech and an alumnus of IIM Lucknow.
Murthy Nagarajan: Mr. Nagarajan is the head of Fixed Income at Tata Asset Management. With a prowess of more than 22 years in the debt market, he has a prolific knowledge of financial services. Murthy holds a Master of Commerce Degree and a PGDBA from the Somaiya Institute of Management and Research.
Aurobinda Prasad Gayan: Mr. Aurobinda is the Head of Commodities strategist at Tata Asset Management. He has an enriching experience spanning over 15 years in the areas of Financial Research, Currency, and Commodity Analysis Management. Prior to joining Tata Asset Management, Aurobinda has worked with Kotak commodities, Karvy Comtrade Limited and FX broker and holds an MBA Finance from Cochin University.
Sailesh Jain: Mr. Sailesh has been with Tata Asset Management since November 2018 as Fund Manager (Equities) and has an experience of more than 15 years in both fund management and broking. Prior to joining Tata Asset Management, Sailesh has been with IDFC Securities Ltd., Refco-Sify securities, Lotus India Mutual Fund and IIFL (Indiainfoline). Sailesh holds an MBA in Finance) from the Queensland University of Technology in Austria.
How To Invest In This Fund On Groww?
You can invest in Tata Multi Asset Opportunities Fund on Groww in a hassle-free way by following the steps mentioned below :-
- Log in to your Groww account, sign up and complete KYC if you are a new user.
- In the search bar, enter the fund name which is the “ Tata Multi Asset Opportunities Fund”
- You will be redirected to the fund page where you can go through all the additional information related to the scheme such as the asset allocation, fund manager, holdings, etc.
- Select whether you want to start with a One-time payment (Lump sum) or do a SIP
On A Closing Note
The low inflation impact and intrinsic value of commodities make commodities an attractive space for Indian investors. Tata Multi Asset Opportunities aims to generate returns across market phases through a combination of asset classes with commodities being an indispensable part of it. Also, the portfolio utilizes multiple strategies within each asset class to create the optimum risk-return balance and achieve the objective of each asset class. However, the scheme does not assure the fulfillment of the fund objectives and hence as an investor, one should perform the due diligence and invest accordingly.
Disclaimer: The views expressed in this post are that of the author and not those of Groww.