Fund News

Change in Dividend frequency and Benchmark of Funds in Tata Mutual Fund

Change in Dividend frequency and Benchmark of Funds in Tata Mutual Fund

Tata Mutual Fund has decided to change the dividend frequency in Tata Short Term Bond Fund from Fortnightly to Monthly and in Tata Regular Savings Equity Fund from Quarterly to Periodic Dividend with effect from August 01, 2017.

Also, Benchmark of Tata Regular Savings Equity Fund will get changed from this date. Now, it's benchmark composition shall be 35% in Nifty 50, 30% of Nifty 50 Arbitrage Index and 35% of Crisil Short Term Bond index.

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