Monday, October 1, 2012
by
Indian Real Estate News
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Tata Life Sciences and Technologies Fund, Tata Services Industries Fund will be merged into Tata Equity Opportunities
Tata Mutual Fund has approved the merger of Tata Life Sciences & Technologies And Tata Services Industries into Tata Equity Opportunities Fund with effect from September 14, 2012.
The existing unit holders, who do not approve of the above merger, have an option to exit the schemes anytime before September 14, 2012 without paying any exit load.
However, the unit holders who choose to remain invested in Tata Life Sciences & Techn. and Tata Services Industries shall be allotted units of Tata Equity Opportunities Fund at applicable NAV as on September 14, 2012.
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