Last updated: 08-Jul-2024•News Desk
Tata MF has announced to change the face value and minimum redemption amount of Tata Money Market Fund and Tata Floating Rate Long Term Fund. The face value of these schemes will be raised to Rs 1,000 from Rs 10 presently. The change will be effective from February 01, 2014.
Minimum Redemption Amount: The minimum amount will be raised to Rs 500. Presently, it is Rs 500 or 50 units whichever is lower.
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