NFO: Tata Asset Management launches alpha-based passive fund - Check subscription dates and other details
Tata Asset Management has introduced the Tata Nifty200 Alpha 30 Index Fund, a new investment option that tracks the top 30 companies with the highest alpha within the Nifty200 Index.
Risk-free return
The Index’s methodology measures excess return generated by the portfolio relative to its benchmark index Nifty200 after adjusting for risk and volatility. Based on the alpha factor, the fund identifies and includes stocks that generate returns above the broad market return and risk-free return, giving more importance to stocks which generate high excess returns per unit of risk.
Index Methodology
Stocks with minimum listing history of 1 year
Minimum Application Amount
Exit Load
Investment Objective
The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of the Nifty200 Alpha 30 Index (TRI), subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.