Tata Mutual Fund cuts minimum SIP application amount to Rs 100

Tata Mutual Fund has reduced the minimum application amount for SIP across its schemes to Rs 100 and in multiples thereof.

The changes will be effective from December 18. The fund house informed the change to its investors through an addendum.

Rs 100 SIP in Tata MF schemes

Tata Balanced Advantage Fund

Tata Banking and Financial Services Fund

Tata Business Cycle Fund

Tata Digital India Fund

Tata Dividend Yield Fund

Tata Equity P/E Fund

Tata Equity Savings Fund

Tata Ethical Fund

Tata Flexi Cap Fund

Tata Focused Equity Fund

Tata Housing Opportunities Fund

Tata Hybrid Equity Fund

Tata India Consumer Fund

Tata India Pharma & Healthcare Fund

Tata Infrastructure Fund

Tata Large & Mid Cap Fund

Tata Large Cap Fund

Tata Mid Cap Growth Fund

Tata Multi Asset Opportunities Fund

Tata Quant Fund

Tata Resources & Energy Fund

Tata Small Cap Fund

This addendum sets out changes to be made in the scheme information document (SID) & key information memorandum (KIM) of the above specified schemes of the fund house.

The fund house also stated that the above revision will be implemented prospectively and shall remain in force till further notice.

All other terms and conditions along with risk o meter of schemes, PRC Matrix of the SID & KIM cum application form & SAI read with other addendums if any remain unchanged.

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