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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.

  • Fund Managers – Mr Anand Nevatia

  • Benchmark – CRISIL Money Market Fund BI Index

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