What is  new TATA Fund nifty200 alpha 30

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The minimum investment amount in Tata Nifty 200 Alpha 30 Index Fund is ₹ 5000 and this NFO will be open between 19 August 2024 to 02 September 2024.

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Tata Mutual Fund was established in March 1994 by Tata Asset Management Limited.  As of June 30, 2024, Tata Fund House offers 59 mutual fund schemes, including 29 equity schemes, and 17 debt schemes. The Tata Mutual Fund's total assets (AUM) stood at ₹161,036.71 crore.

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Returns are given by Nifty200 Alpha 30 3-year return 32.28% 5-year return 30.49% 7-year return 23.80%

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Nifty200 Alpha 30 has mostly mid-cap and large-cap companies.

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Tata Mutual's new fund, Tata Nifty 200 Alpha 30 Index Fund, is managed by Kapil Menon. Kapil Menon started with the Tata investment team in 2006 and assumed the fund manager position in April 2024. 

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