Tata Mutual Fund has announced the change in name of Tata Ind Navratna Fund. It will be renamed as Tata Growth Fund. Currently it is a closed-end fund, effective March 31, 2004 it will be converted into an open-ended fund. It will offer growth and dividend options. Minimum investment of scheme would be Rs 5000. The fund would not charge any entry load but an exit load of 2 per cent if redeemed within an year.
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