Trust AMC launches new fund offer of Trust Short Term Fund

In its pursuit to expand its product offering Trust Mutual Fund announced the launch of new fund offer of Trust Short Term Fund. The fund house has a liquid fund and banking and PSU Debt fund in its stable.

The scheme will invest in high quality bonds in such a manner that the portfolio offers exposure to the attractive payoff offered by bonds maturity in one to three year time frame. The fund will remain open for subscription till August 3, 2021.

Anand Nevatia will be the fund manager for the scheme. The fund house has tied up with CRISIL as a knowledge partner.

Sandeep Bagla, CEO, TRUST Mutual Fund said, “Short Term Income Funds have emerged as the most reliable fixed income category, having delivered consistent returns in times of volatile interest rates as well as uncertain credit environment.”

Anand Nevatia, Fund Manager of TRUST Short Term Fund said, “Our research shows that the steepness on the short end of the curve, particularly in the 1-3 year segment, is far higher than historical averages. This, coupled with fact that the portfolio will focus on only select AAA-rated issuers and sovereign bonds, makes our short duration strategy fairly watertight when it comes to delivering consistent returns for our investors.”