TRUST MF Liquid Fund (R)(G) Details
Trust Mutual Fund remains the leading full-service financial company in India. It plans to launch a new fund offer in the coming month. The name of the scheme is the TRUST MF Liquid Fund. It is an open-ended debt scheme.
As of the SID, the MF will launch the NFO for subscription on 8th April 2021 and will close on 22nd April 2021.
According to the source, the scheme will available in Regular and Direct plans along with growth and dividend options. Further, the scheme suitable for investors who seek to generate long-term capital appreciation.
Moreover, investors should consider that their principal investment will be at low risk, as of Risk-O-Meter.
Basic Details of NFO:
|NFO Name||TRUST MF Liquid Fund|
|Subscription Period||April 8th, 2021 – April 22nd, 2021|
|NFO Type||Open-Ended Debt Scheme|
|Benchmark||Crisil Liquid Fund Index|
|Fund Manager||Anand Nevatia|
Besides, the TRUST MF plans to utilize investment proceeds to provide reasonable returns at a high level of safety and liquidity through investments in high-quality debt and money market instruments.
Moreover, the investors who want to invest in this scheme could purchase initially about Rs. 1,000/- and in multiples of Re. 1 for purchases and of Re. 0.01 for switches.
Further, the Entry load does not apply to the scheme. But, exit load will applicable as 0.15% if redeemed or switch-out of units on or before 90 days from the date of allotment.
Asset Allocation Pattern:
|Instruments||Indicative Allocation (% of total assets)||Risk Profile|
|Debt & Money Market Instruments (inc Tri-Party Repo/Reverse Repo)||0%||100%||Low|
Further, the scheme follows a strong investment strategy that seeks to provide reasonable returns at a high level of safety and liquidity through investments in high-quality debt and money market instruments.
Disclaimer: Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Before investment, refer to the SID and statement of additional information available free of cost at any of the Investor Service Centres or distributors.