Trust Mutual Fund introduces FMP- Series III (1198 Days)
Trust Mutual Fund (MF) has launched the TRUSTMF Fixed Maturity Plan (FMP) -Series III (1198 Days), a close ended income scheme with relatively high interest rate risk and relatively high credit risk. The NFO opens for subscription on March 21, 2023 and closes on March 27, 2023. The Entry load and Exit load is nil for the scheme.The minimum subscription amount is 5,000 and in multiples of any amount thereafter.
The performance of the scheme will be benchmarked against CRISIL Medium Duration Fund CIII Index and its fund manager is Anand Nevatia.
The investment objective of the Scheme is 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.
