Trust Mutual Fund launches TRUSTMF Banking and PSU Debt Fund
21 Jan,
2021
By: Eastern Fin Research Team# Mutual Fund
NFO period: 15th January - 27th January, 2021
Highlights of the NFO:
Scheme type - An open ended debt scheme predominantly investing in debt instruments of banks, public sector undertakings, public financial institutions and municipal bonds
Investment objective - 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. However, there can be no assurance that the investment objective of the scheme will be realised.
Product suitability - The product is suitable for investors who are seeking regular income over short to medium term by investing primarily in debt and money market securities issued by Banks, PSU and PFI and municipal bonds.
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 Dividend Option with Dividend Payout and Dividend Reinvestment facility.
Fund Managers - Mr. Anand Nevatia and Mr. Sandeep Bagla
Eastern Financiers, one of the first investment and financial consultant in Eastern
India have grown to become one of the largest investment consultants in the country.