Tata Mutual Fund has launched a new Open Ended Growth scheme named "Tata Multi Sector Passive FOF" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Jun 22 to Jul 06, 2026.

According to the offer document filed with SEBI, the entry load is Nil and exit load is 0.50.

The minimum application amount is Rs 5,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.

The fund manager of the scheme will be Rahul Singh, while the performance of the scheme will be benchmarked against NIfty 500 Total Return.

To generate long term capital appreciation from a portfolio created by actively investing in units of Passive Equity mutual fund schemes in multiple sectors. However, 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.