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Tata MF Advances Debt Fund Reopening to September 25: Key Details Revealed
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CNBC TV18•25-09-2026, 08:57
Tata MF Advances Debt Fund Reopening to September 25: Key Details Revealed
- •Tata Asset Management has advanced the reopening date for its Tata CRISIL-IBX Financial Services 3-6 Months Debt Index Fund to September 25, from the original September 29.
- •The open-ended debt index fund tracks the CRISIL-IBX Financial Services 3-6 Months Debt Index (TRI) and had its NFO from September 15 to September 22.
- •The scheme will invest 95-100% of its net assets in securities issued by AAA-rated financial services companies, including banks, NBFCs, and housing finance companies.
- •The underlying index caps exposure at 15% per issuer and 25% at the group level, with quarterly rebalancing.
- •Designed for the 3-6 month maturity segment, the fund aims to earn accrual income and potential gains as securities mature, with a "Low to Moderate" risk level and a minimum investment of ’5,000.
Key Questions Answered
Tata Asset Management advanced the reopening date for subscription and redemption of the debt index fund to September 25, moving it up from the previously scheduled date of September 29.
Under normal circumstances, the scheme invests 95-100% of its net assets in index constituents like certificates of deposit, commercial papers, and corporate bonds, while remaining portions go to cash and money market instruments. The underlying index is strictly restricted to AAA-rated financial services issuers.
The minimum investment required is ₹5,000 and in multiples of ₹1 thereafter. An exit load of 0.25% applies if units are redeemed or switched out within 30 days of allotment, with no exit load charged thereafter.
