Tata Mutual Fund introduces new scheme, ‘Tata Multi Asset Opportunities Fund’

Tata Mutual Fund has recently introduced ‘Tata Multi Asset Opportunities Fund’, which will invest in exchange traded commodity derivatives. The first of its kind scheme in the mutual fund industry, investing broadly in the three asset classes – equity, commodity derivatives and debt. The fund will be managed by Rahul Singh, Chief Investment Officer – Equities, Murthy Nagarajan, Head – Fixed Income, Aurobinda Prasad Gayan, Head- Commodities Strategy, and Sailesh Jain, Fund Manager at Tata Asset Management.

“The launch of Tata Multi Asset Opportunities fund, introduces one more product to our strong and growing industry. It is a small step that will add up to the Rs. 100 Trillion Opportunity, all of us are trying to tap into. We are sure that this product will generate interest from existing investors and distribution partners, as well as bring in newer investors ,” said Prathit Bhobe, CEO & MD, Tata Asset Management.