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The Scheme seeks to generate reasonable returns by investing predominantly in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.

Arbitrage funds invest in equity shares and derivatives and earn their returns through price differential between a stock and its futures. By investing in these funds, you can expect to earn better returns than what you would get from a bank account.

Arbitrage funds keep their equity investments fully hedged, which basically means that their returns are not impacted by the day-to-day ups and downs of the stock market. The risk of incurring a loss in these funds is low but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. We believe thatliquid fundsare a better alternative with a somewhat similar risk-return payoff but better liquidity.

If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.

If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.

No tax is to be paid as long as you continue to hold the units.

Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

The Risk Measures have been calculated using calendar month returns for the last three years.

Highest grade ratings: Sovereign, AAA, A1+/P1+, AA+

Indicates an increase or decrease or no change in holding since last portfolio

Indicates an increase or decrease or no change in holding since last portfolio

Education:Mr. Jain is a Commerce Graduate and an MBA.

Experience:Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt Ltd. as Vice President and IIFL(India Infoline) as Vice President.

Tata Digital India Fund – Regular Plan- since Nov 2018

Tata Equity Savings Fund – Regular Plan- since Nov 2018

Tata India Pharma & HealthCare Fund – Regular Plan- since Nov 2018

Tata Resources & Energy Fund – Regular Plan- since Nov 2018

Tata Nifty Exchange Traded Fund – Regular Plan- since Dec 2018

Tata Balanced Advantage Fund – Regular Plan- since Jan 2019

Tata Nifty Private Bank Exchange Traded Fund – Regular Plan- since Aug 2019

Tata Quant Fund – Regular Plan- since Jan 2020

Tata Multi Asset Opportunities Fund – Regular Plan- since Feb 2020

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The Scheme seeks to generate reasonable returns by investing predominantly in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.

Address:9th Floor, Mafatlal Centre, Nariman Point, Mumbai – 400021

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address:7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002

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