Tag: TRUSTMF Banking & PSU Debt Fund

TRUSTMF Banking & PSU Debt Fund NFO Raises Rs. 582.68 Crore

TRUSTMF Banking & PSU Debt Fund NFO Raises Rs. 582.68 Crore

Banking, Finance, Insurance, News
TRUST Mutual Fund’s maiden new fund offer (NFO) - TRUSTMF Banking & PSU Debt Fund has successfully raised Rs. 582.68 Crore. This is one of the recent NFOs with an extremely positive response. The first day AUM after the closure of NFO is Rs. 580.24 Crore. The NFO proceeds have been garnered from over 500 investors spread across 44 locations# through both digital & offline modes. The NFO has seen wide participation from both Institutional, Corporate, Family Offices, HNI, and Retail Investors, which is an indication of the faith posed by them in a well- structured & transparent investment process with a unique LimitedACTIV methodology developed by Trust AMC in a strategic knowledge partnership with CRISIL. CRISIL will also assist in the process of filtration of investment univ...