Trust Mutual Fund launches TRUSTMF Money Market Fund
Aug 5, 2022 by News Team
NFO period: 05th August – 11th August, 2022
Highlights of the NFO:
Scheme type – An open-ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk
Investment objective – To generate income/ capital appreciation by investing in money market instruments having maturity of upto 1 year. However, there can be no assurance that the investment objective of the scheme will be realized.
Product suitability – The product is suitable for investors who are seeking Income over short term by investing in money market instruments.
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 [IDCW] Option with Monthly (IDCW Reinvestment and IDCW Payout) facility.