Trust AMC launches new fund offer of Trust Short Term Fund
Anand Nevatia will be the fund manager for the scheme.
Read moreAnand Nevatia will be the fund manager for the scheme.
Read moreThe fund will be benchmarked against NIFTY 500 TRI. The minimum investment required is Rs 500 and in multiples of Re 1 thereafter.
Read moreThe fund manager will build portfolio focusing on high credit quality bonds.
Read moreThe scheme is a passively managed fund and will track Nifty India Consumption Index.
Read moreTo attract investors, the fund house has kept the expense ratio of the direct plan at six basis points (0.06%).
Read moreThe scheme will invest in a diversified bond portfolio to generate consistent income over a medium term. The portfolio will be actively managed
Read moreThere are already 10 floating rate schemes which put together manage assets worth Rs 69,730 crore.
Read moreAs of now there 12 pharma schemes that are focused on pharma stocks. These schemes put together manage assets worth Rs 14,949 crore.
Read moreThe fund will have a defined maturity date of April 30, 2026. At maturity, investors will get back their investment proceeds.
Read moreDSP Floater Fund is a one of its kind product in the short term category (duration band of 1 to 4 years) with interest rate hedge using paid position in OIS.
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