NFO Alert: Tata Mutual Fund launches Nifty Midcap 150 Index Fund

The Tata Nifty Midcap 150 Index Fund, a passive offering aimed at long-term investors seeking growth via mid-sized companies. The NFO is open until June 16. Benchmarking the Nifty Midcap 150 TRI, the fund offers diversified exposure to 20 sectors and aims to deliver returns mirroring the index, subject to tracking error.