The Nifty India Manufacturing Index reflects the performance of India s manufacturing sector, comprising companies from Nifty indices. It is rebalanced semi-annually and offers diversification benefits. However, it may have a market cap bias and sector-specific risks.
Tata Nifty Financial Services Index Fund: The Tata Nifty Financial Services Index Fund will focus on NIFTY Financial Services Index (TRI) by exploring more in financial services companies poised for growth.
The NFO is available for subscription from April 08 to April 22. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment.