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News Trust Mutual Fund launches TRUSTMF Money Market Fund
Aug 5, 2022
Mutual Fund
Trust Mutual Fund launches TRUSTMF Money Market Fund
NFO period: 05th August - 11th August, 2022
Highlights of the NFO:
- Scheme type - An open-ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk
- Investment objective - To generate income/ capital appreciation by investing in money market instruments having maturity of upto 1 year. 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 Income over short term by investing in money market instruments.
- 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 Income Distribution cum Capital Withdrawal [IDCW] Option with Monthly (IDCW Reinvestment and IDCW Payout) facility.
- Fund Managers - Mr Anand Nevatia
- Benchmark - CRISIL Money Market Fund BI Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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