MUTUAL FUNDS
Trust MF introduces Banking & PSU Debt Fund
Jan-15-2021

Trust Mutual Fund (MF) has launched the TRUSTMF Banking & PSU Debt Fund, an open-ended debt scheme predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. The NFO opens for subscription on January 15, 2021 and closes on January 27, 2021. The Entry load and Exit load will not be applicable for the scheme. The minimum subscription amount is Rs 1000 and in multiples of Rs 1 thereafter.

The scheme’s performance will be benchmarked against its performance to CRISIL Banking and PSU Debt Index and its fund manager are Anand Nevatia and Sandeep Bagla.

To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds.

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