A bullet having a generally cup-shaped jacket, a core disposed inside the jacket, and partially divided into a plurality of segments by a plurality of slits formed therein is mounted at the front of the jacket. A tip is mounted in the core. The tip has a plurality of notches formed its forwardly facing ogival surface; each notch having a forward end adjacent the forward end of the tip, and a rear end rearward of the rearwardly facing shoulder and the front end of the jacket, so that material from the target can enter the jacket and help open the jacket and release the core.