Tata Mutual Fund is an Indian private asset management company introduced by the Tata Group and incorporated in 1994 with its corporate head office located in Mumbai, India.[5][6] It manages mutual funds, portfolio management services, and retirement solutions.[7]

History

The mutual fund industry in India originally began in 1963 with the Unit Trust of India as a Government of India and the Reserve Bank of India initiative. Tata Mutual Fund was launched in March 1994, and became non-UTI mutual fund in India. The business is registered under registration number INP000001058. The registration number for Tata Asset Management Ltd. as a mutual fund is MF/023/95/9. It also runs Tata Asset management (Mauritius) Pvt. Ltd. a foreign institutional investor (FII) that is registered with SEBi under registration number INMUFD161207.[8]

Fake Identity of TMF

Several fraudulent websites, mobile applications, and WhatsApp groups were created using the name of Tata Mutual Fund.[9]

In May 2024, Tata Mutual Fund released a public caution notice warning investors and partners about fraudulent websites, mobile apps, and WhatsApp groups.[10]

See also

References