TRUSTMF Fixed Maturity Plan - Series II (1196 Days) NFO: Key details you need to know

27 Mar 2023 , 01:05 AM

TRUST Mutual Fund is launching NFO under its “Fixed Maturity Plan”, named as TRUSTMF Fixed Maturity Plan – Series II (1196 Days) fund. The scheme endeavours to provide regular income and capital growth to the investors through investments in a portfolio comprising of debt and Money Market Instruments maturing on or before the maturity of the scheme.

Investment strategy: The scheme is a fixed maturity fund will invest in debt securities like Corporate Bonds, Non-convertible Debentures and Government Securities have Low volatility with minimal churn. 

Asset allocation: TRUSTMF Fixed Maturity Plan – Series II (1196 Days) Fund seeks to provide regular income and capital growth by investing in debt and money market instruments.

Who should invest?

Investors with low risk appetite and want to invest in fixed maturity fund by allocating their funds in debt and money market instruments should invest in the fund.

Risk associated: Low level of risk.

Benchmark: CRISIL Medium Duration Fund CIII Index.

Fund Managers: Mr. Anand Nevatia.

The NFO is available for subscription from March 16 to March 28. The minimum subscription amount is Rs 1000/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in TRUSTMF Fixed Maturity Plan – Series II (1196 Days) Fund.