Trust Mutual Fund has filed offer document with SEBI to launch a close-ended hybrid scheme named ‘TRUSTMF Dual Advantage Fund – Series I (Tenure around 3 year 2 months 3 year 8 months)’. The New Fund Offer price is Rs 1000 per unit. Entry load and Exit load will be nil. The scheme offers only dividend options for investment and seeks to collect a Minimum Target Amount of Rs 20 crore.
The performance of the scheme will be benchmarked by 85% Crisil Composite Bond Fund Index & 15% FTSE Global Multi Asset Index. The minimum application amount is Rs 1,000 and in multiples of Re 1.
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