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Tata Capital Builder Fund from Tata MF

CHENNAI: Tata Mutual Fund announced the launch of a new mutual fund scheme, Tata Capital Builder Fund. The fund is a three-year close-ended equity scheme with a weekly exit option during the close-ended period. Upon completion of three years, the scheme will automatically be converted into an open-ended scheme. The new fund offer will be open from July 18 to August 18. The fund has dividend (payout / reinvestment) and growth options. The minimum subscription is Rs. 5,000, says a release.

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