Titanium Active Asset Allocator Long-Short Fund
Frequently asked questions
What is Titanium Active Asset Allocator Long-Short Fund?
Titanium Active Asset Allocator Long-Short Fund is a Specialized Investment Fund (SIF) from Tata Mutual Fund. To generate medium to long term capital appreciation by investing across equity, debt, equity and debt derivatives, InVITs and commodity derivatives, including limited short exposure on permitted instruments through derivatives. However, there is no assurance that the investment objective of the Investment strategy will be achieved. Its benchmark is 35% BSE 200 TRI + 50% CRISIL Short Term Bond Fund Index + 15% iCOMDEX Composite Index.
What is the minimum investment in Titanium Active Asset Allocator Long-Short Fund?
The minimum investment is ₹10,00,000 and in multiples of Re. 1/- thereafter (minimum aggregate investment at PAN level across all investment strategies of Titanium SIF; not applicable to accredited investors). Minimum additional purchase: Rs. 1,000/- and in multiples of Re. 1/-. Minimum redemption/switch out: Rs. 500/- and in multiples of Re. 1/-, subject to the minimum investment threshold of ₹10,00,000..
How often can I buy and redeem units?
Subscriptions: Daily (All business days). Redemptions: Once a week, i.e. on Monday. In case Monday is a non-business day, the AMC shall process the redemption on the next business day.
What is the exit load?
Exit load: Redemption/Switch-out on or before expiry of 1 month from the date of allotment: 1%. Redemption/Switch-out after expiry of 1 month from the date of allotment: Nil. Confirm the latest terms in the scheme's SID.
How is a SIF different from a mutual fund?
A SIF can take limited short positions through derivatives, which a regular mutual fund scheme generally cannot, and it has a higher minimum investment. That flexibility adds derivative, liquidity and manager-execution risk, so read the SID before investing.
How risky is Titanium Active Asset Allocator Long-Short Fund?
The scheme is classified as Level 2 on the risk-o-meter shown on this page. SIFs are subject to market risk, and past performance is not indicative of future returns.
How is Titanium Active Asset Allocator Long-Short Fund taxed?
Tax depends on how much of the portfolio is held in equity and on the holding period, so it differs from an equity-oriented fund. Check the scheme's SID for its tax treatment and speak to a tax adviser before investing.