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Tata Asset Management Launches Multicap Consumption Index Fund

Tata Asset Management Launches Multicap Consumption Index Fund

Tata Asset Management has expanded its passive investment offerings with the launch of the Tata BSE Multicap Consumption 50:30:20 Index Fund, designed to track a diversified basket of consumption-focused stocks.

The index methodology is based on float-adjusted market capitalisation, with weights assigned across large-, mid- and small-cap stocks in a fixed 50:30:20 ratio. This approach aims to minimise overconcentration while capturing growth across the consumption value chain.

The fund does not charge an entry load, while an exit load of 0.25% applies for redemptions within 15 days. Subscriptions during the NFO start at ₹5,000, with additional investments allowed in multiples of Re 1.

Tata Asset Management said the fund offers a transparent, rule-based way for investors to participate in India’s consumption story across market cycles.