Tata MF Launches India's First Tourism Index Fund.

Banking & Finance

Travel in India is soaring to new heights, fueled by a growing middle class and a rising appetite for exploration. To capitalize on this exciting trend, Tata Asset Management has launched India's first-ever tourism index fund – the Tata Nifty India Tourism Index Fund. The Tata Nifty India Tourism Index Fund will track the Nifty India Tourism Index (TRI, i.e., total returns index).


      It offers a diversified investment approach focused on companies expected to benefit from the growth in domestic and international tourism.

      This initiative marks a significant milestone as the first dedicated tourism index fund in India, potentially paving the way for similar sector-specific investment products in the future.

     

 

     


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