Home > Products > Equity Funds > Tata Life Sciences & Technology Fund
| Type of Scheme | An open-ended equity fund. | |||||||||||||||||||||||||||||||||
| Launch Date | June 7, 1999 | |||||||||||||||||||||||||||||||||
| Fund Objective | The objective of the scheme is to provide medium to long term capital gains and/or income distribution along with capital gains tax relief to its unitholders, while at all times emphasising the importance of capital appreciation. | |||||||||||||||||||||||||||||||||
| Fund Investment Strategy | Investments would be made primarily in equities of a select group of companies in Life Sciences and Technology sectors comprising of engineering, telecommunications, space, pharmaceuticals, information technology, electronic and electricals, agrochemicals, fertilisers, fast moving consumer goods and various other allied industries, etc. Sectoral allocation will depend on the growth prospects of the individual sectors from time to time and their overall evaluations. However, not more than 50% of the funds will be invested in any one sector at any given point in time. | |||||||||||||||||||||||||||||||||
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| Liquidity | NAV calculation on all business days. | |||||||||||||||||||||||||||||||||
| Options Available | Growth & Dividend | |||||||||||||||||||||||||||||||||
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| Minimum Application Amount | Rs.5,000/- and in multiples of Re.1/- thereafter. | |||||||||||||||||||||||||||||||||