Home > Products > Balanced Funds > Tata Young Citizens' Fund
| Type of Scheme | An open-ended balanced fund. | |||||||||||||||||||||||||||||||||
| Launch Date | August 30, 1995 | |||||||||||||||||||||||||||||||||
| Fund Objective | The investment objective of the scheme will be to provide long-term capital growth along with steady capital appreciation to its unit holders, while at all times emphasising the importance of capital preservation. | |||||||||||||||||||||||||||||||||
| Fund Investment Strategy | Around 50% of the funds available will be invested in equity capital, preference capital, non voting capital, warrants, debt securities convertible into or carrying the right to acquire equity capital by both established as well as emerging growth companies. The balance will be invested in debt securities. | |||||||||||||||||||||||||||||||||
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| Liquidity | NAV calculation on all business days | |||||||||||||||||||||||||||||||||
| Options Available | Growth Option a. Anytime Exit Option: Under this option parent/guardian will be allowed to redeem/switch the investments before the child attains 18 years of age. b. Lock-in Option: Under this option investment will be locked in till the child attains 18 years of age. No repurchase/switch will be allowed before the child attains 18 years of age. |
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| Minimum Application Amount | Rs.500/- & in multiples of Rs.500/- thereafter. | |||||||||||||||||||||||||||||||||