Tata Indo Global Infrastructure Fund is the latest offering from Tata AMC. This is a three year closed end equity fund which will automatically be converted into an open ended scheme after the expiry of three years from the date of allotment.
The scheme aims to generate long term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in infrastructure and infrastructure related sectors, which are incorporated or have their area of primary activity, in India and other parts of the world.
The fund mangers will focus on investment opportunities in Asia Pacific Region including India, Europe and Latin America and other growing economies.
The equity component will range between 65% - 85% of the portfolio while 15% - 35% will constitute foreign securities, debt and money market instruments will be in the range of 0% - 35%.
Issue Opens: September 3, 2007
Issue Closes: October 16, 2007
Investment Options: Growth, Dividend Reinvestment and Payout
Minimum Investment: Rs 10000
Face Value: Rs 10
Benchmark: The benchmark would constitute 65% of BSE Sensex and 35% of MSCI World Index.