MFIs/MFDs/RIAs are hereby informed that we have received communication from TATA Mutual Fund regarding Temporary Suspension for Subscription through (Fresh/Additional Purchase & SIP & Switch-In) in following schemes on BSE StAR MF Platform with effect from June 06, 2019.
• TATA CORPORATE BOND FUND
• TATA MEDIUM TERM FUND
• TATA TREASURY ADVANTAGE FUND
Further, as intimated by TATA AMC, fresh Subscriptions, Switch-in, SIP, STP applications received post cut-off timing of June 04, 2019 shall not be accepted.
As confirm by TATA AMC, the existing SIPs/XSIPs registered on BSE StAR MF Platform in above schemes will not get continue to process at AMC/RTA end. Hence the funds debited from client account for SIP due date on or after June 06, 2019 shall be refunded to the investor.
The notice cum addendum issued by TATA AMC is attached.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Assistant General Manager – Mutual Funds