Tata MF launches India's first tourism index fund

Newsdesk:

Travel in India is soaring to new heights, fueled by a growing middle class and a rising appetite for exploration. To capitalize on this exciting trend, Tata Asset Management has launched India's first-ever tourism index fund – the Tata Nifty India Tourism Index Fund. The Tata Nifty India Tourism Index Fund will track the Nifty India Tourism Index (TRI, i.e., total returns index).