Fund facts
Offer open: Till 18 March 2008
Scheme type: Plan A: Open-ended global diversified equity
Plan B: Open-ended diversified equity
Minimum investment: Rs 10,000; unit price: Rs 10
Loads: Entry load: 3%. Exit load: 1% (if less than one year)
Options: Growth and dividend (payout and reinvestment)
Investor grievances: Amit Sinha. Tel: 09230133580.
Email: asinha@tataamc.com
Fund stats
Objective: To generate capital appreciation by investing in stocks of infrastructure companies in India and other growing economies of the world.
Benchmark: Plan A: MSCI Emerging Market Index. Plan B: BSE Sensex
Fund manager: M Venugopal and Dinesh Da Costa
Asset allocation:
| Growing economies other than India* | India* | Other equities of domestic companies | Debt & cash equivalent | |
| Type A | 51-70% | 30-49% | 0-19% | 0-19% |
| Type B | 15-35% | 65-85% | 0-20% | 0-20% |
| *Stocks of infrastructure and infrastructure-related companies | ||||
Comparable existing scheme:
| Fund name | NAV# (Rs) | 3-month return(%) | Since inception(%) |
| Birla Sunlife International Equity Fund | 9.56 | -3.87 | -4.43 |
| #NAV as on 26 Feb 2008. Source: NAVIndia | |||
Fund prognosis
Idea distiller: Infrastructure drives economic growth, and is critical for emerging economies. The fund aims to tap into this growth engine both in India and abroad.
Fund house report: Tata AMC, with products across various scheme types, manages funds worth Rs 18,988 crore (as on 31 January 2008).
Returns profile: 5/5
Risk profile: 3/5
Fund manager report: Performance of fund managers
Returns profile: 4/5
Risk profile: 3/5
Scheme DNA: Four fundamentals of the fund scheme:
Unique idea: Low
Return possibility: Medium
Risk: Medium
Operability/Complexity: High
Investor takeaways
Who should apply: Apply if you have a surplus of Indian holdings but would like global exposure in infrastructure stocks.
Remember: The fund carries the Tata pedigree of low risk and more than adequate returns. You will have to wait to ascertain the global investment performance managed by Credit Suisse.
