Chennai: Trust Asset Management Company has announced the launch of its New Fund Offer (NFO) – the TrustMF Liquid Fund.
“It is an open-ended liquid fund predominantly investing in debt and money market instruments. The NFO will be open for subscription from 8 April 2021 to 22 April 2021 and will be managed by Anand Nevatia, fund Manager, Trust Mutual Fund,” the company said.
This is the second launch from Trust Mutual Fund with its maiden NFO of TrustMF Banking & PSU Debt Fund in January 2021, receiving a response with an opening AUM of Rs 580.24 crore, it added.