Trust Mutual Fund files offer document for Balanced Advantage Fund
Trust Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Trustmf Balanced Advantage Fund'. The New Fund Offer price will be Rs 10 during the NFO. Entry load will be nil. Exit load will be 1% -if redeemed/switched out within 180 days from the date of allotment, and Nil thereafter. The Scheme offers growth option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.
The performance will be benchmarked against CRISIL Hybrid 50+50 - Moderate Index. The minimum application amount will be Rs 1000 and in multiple of any amount thereafter.
The investment objective of the scheme is to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
