Folios

Tata Equity P/E Fund turned Rs 10,000 monthly SIP into Rs 1.82 crore in 20 years

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Tata Equity P/E Fund turned Rs 10,000 monthly SIP into Rs 1.82 crore in 20 years

Tata Equity P/E Fund, managed by Tata Mutual Fund, completed 20 years on June 29. The scheme has given 19.47% returns since its inception. The scheme manages assets worth Rs 7,904 crore as of May 2024. Launched in June 2004, the scheme has offered 17.04% returns in 10 years, 21.14% returns in five years, 25.78% … Read more

Mutual Fund: ET in the Classroom: Nomination for your MF units

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Mutual Fund: ET in the Classroom: Nomination for your MF units

Regulatory guidelines prescribe that investors need to add a nominee for all their mutual fund folios. The deadline for this has been extended and folios will be frozen for debits for investors who don’t comply. WHAT IS NOMINATION IN A MUTUAL FUND? Nomination is the process of appointing a person to take care of your … Read more