Tata launches country's first Tourism Index, watch to find out how to invest | ABP Paisa Live
Tata Asset Management Company has launched the country's first Tata Nifty India Tourism Index. , the opening offer i.e. NFO of Tata Nifty India Tourism Index Fund will be open from July 8 to July 19, 2024.
The Tata Nifty India Tourism Index Fund, an open-ended equity program with a sectoral or theme focus, was introduced by Tata Mutual Fund.
The public subscription period for the program began on July 8, 2024, and it will end on July 19, 2024. On July 29, 2024, the program reopens for ongoing sales and purchases. This open-ended equity plan adheres to the idea of exceptional circumstances.
"High disposable income, infrastructure developments like better highway connectivity, improved railway comfort & speed, and so many new airports have made travel easy, swift, and safe," stated Anand Vardarajan, Chief Business Officer, Tata Asset Management, at the index fund launch.