Upcoming Mutual Funds

[stockwatch871]

Tata Mutual Fund has launched a new fund named as Tata Fixed Maturity Plan-Series 27 - Scheme B, a close ended debt scheme. The duration of the scheme is 366 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs. 10 per unit. The new issue is open for subscription from 7 September 2010 and closes on 14 September 2010.

 

[praveen taneja]

My suggestion is TATA MFs funds are like buy now cry later most of its funds are crying with investors and it is never a good idea to buy a close ended fund instead buy open ended with exit load

 

[vishal412]

Yeah agreed, Tata Mfs are not performing well up to expectation, and I am not sure about investinf in especially new Funds. Will wait for sometime and then will think about it.