Trust Mutual Fund launches TRUSTMF Short Term Fund

by News Team | Mutual Fund

NFO period: 20th July – 03rd August, 2021

Highlights of the NFO:

  • Scheme type – An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 to 3 years

  • Investment objective – The scheme will endeavour to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking income over short term by investing in debt & money market instruments with portfolio Macaulay Duration between 1 - 3 years.

  • Minimum Application Amount – First investment is Rs. 1,000/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan & Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal option (IDCW).

  • Fund Managers – Mr. Anand Nevatia

  • Benchmark – CRISIL Short Term Bond Fund Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)