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Tata Mutual Reduces Investment Minimum


As a promotional offer, Tata Mutual Fund has reduced the minimum investment amount to Rs 1,000 and in multiples of Re 1 thereafter in its following schemes - Tata Income Fund (Growth & Half-yearly dividend option), Tata Balanced Fund and Tata Gilt Securities Fund (GSF).

Prior to this, the minimum investment amount in Tata Income and Balanced Fund was Rs 5,000 and in multiples of Rs 1,000 thereof. Whereas, in Tata GSF, the same was Rs 10,000 and in multiples of Rs 1,000 thereafter.

This will be effective for a period of 15 days from April 16 to April 30, 2002.