Trust Mutual Fund launches TRUSTMF Short Term 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).