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Friday, Jul 30, 2004

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Tata MF plans core sector fund

Our Bureau

Kolkata , July 29

TATA Mutual Fund has lined up a scheme to invest in the infrastructure sector. It has chosen the BSE Sensex as the benchmark, the offer document sent to SEBI for clearance has mentioned.

The proposed Tata Infrastructure Sector Fund will carry an entry load of 2.25 per cent for subscriptions of less than Rs 2 crore. Mr S Sankaranarayanan and Mr M Nagarajan have been named as its fund managers.

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