Consumption play: Tata Mutual Fund launches multi-cap consumption index fund; NFO open till Dec 23

Tata Mutual Fund has launched India's first multi-cap consumption index fund, targeting diversified exposure across large, mid, and small-cap stocks in the booming consumption sector. The Tata BSE Multicap Consumption 50:30:20 Index Fund, an open-ended scheme, tracks the BSE Multicap Consumption 50:30:20 Index (TRI). Its NFO runs from December 9 to 23, with a minimum investment of Rs 5,000. Advertisement

The fund provides in-built diversification, wide sectoral exposure, and access to emerging “new-age” consumer themes. It is designed for investors looking for long-term capital appreciation, with returns broadly aligned to the BSE Multicap Consumption 50:30:20 Index (TRI), subject to tracking error.

India's consumption story drives over 60% of GDP, shifting from basics to aspirational s