Trust MF crosses Rs. 1,000 crores AUM in April 2021
Trust Investment Advisors Private Limited has established Trust Mutual Fund. On 28th April 2021, the Trust MF has crosses Rs. 1,000 crores threshold in AUM. However, the MF house has achieved a great result within 4 months after the launch of its first scheme.
As of the source, in January 2021, the MF has launched its first NFO. The name of the new fund offer remains TrustMF Banking & PSU Debt Fund.
In recent days, the Trust Mutual Fund has started its second NFO scheme that is TrustMF Liquid Fund. This scheme also received a high response from all types of investors.
With these successful schemes, the MF has crossed Rs. 1,000 crores in assets under management.
According to the AMFI reports, initially, the fund house’s AUM stood at Rs. 1,036 crores. This amount was produced by nearly 750 investors.