NFO Alert: TRUST Mutual Fund launches smallcap fund
TRUST Mutual Fund has launched TRUSTMF Small Cap Fund, an open-ended equity scheme that focuses on small-cap stocks.
The new fund offer or NFO of the scheme is open for subscription and will close on October 25.
The fund will be benchmarked against the NIFTY Smallcap 250 TRI. The fund will be managed by Mihir Vora and Aakash Manghani.
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The primary goal of the scheme is to generate long-term capital appreciation by investing mainly in equity and equity-related securities of small-cap companies. This launch offers investors a chance to participate in the early growth stages of companies with the potential for substantial long-term wealth creation, according to a release by the fund house.
TRUSTMF Small Cap Fund NFO launch marks the second equity fund from TRUSTMF, said the release.
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