Tata AMC has announced a New Fund Offer (NFO) of Tata Multicap Fund. Let us review the NFO and see if it is suitable to invest-
The question is – Do we actually need a multicap NFO?
To know about the NFO – please see the scheme documents here
Now let us dig deeper into investment philosophy and fund manager’s performance to understand the Tata Multicap Fund:
Will I invest in Tata Multicap Fund NFO?
Well, muticap funds are in the trend due to current market scenario and market cap wide return fluctuations. There are many very good schemes with proven track record are available in the market then why choose a new scheme.
I did not find anything special other than the strong track record of fund manager. There are other multicap funds which are offering similar investment philosophy with strong track record, I will invest in them. So it is a NO, I will not invest in Tata Multicap Fund.