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.