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News Trust Mutual Fund launches TRUSTMF Corporate Bond Fund
Jan 10, 2023
Mutual Fund
Trust Mutual Fund launches TRUSTMF Corporate Bond Fund
NFO period: 09th January - 18th January, 2023
Highlights of the NFO:
- Scheme type - An open-ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A relatively high interest rate risk and moderate credit risk
- Investment objective - To generate optimal returns by investing predominantly in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objective of the scheme will be realized.
- Product suitability - The product is suitable for investors who are seeking optimal returns over the medium to long term. To invest predominantly in AA+ and above rated corporate debt instruments.
- Minimum Application Amount - First investment is Rs. 1,000/- and in multiples of any amount thereafter
- Plan/ Options available - Regular Plan & Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal [IDCW] Option with Monthly (IDCW Reinvestment and IDCW Payout) facility.
- Fund Managers - Mr. Anand Nevatia
- Benchmark - CRISIL Corporate Bond Fund BIII Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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