The country’s leading mutual fund institution Trust Mutual Fund has launched a new multicap fund, under which investments will be made in large, mid-cap and small-cap companies. This is an open-ended scheme and applications can be made till July 14 to invest in it.
This Trust Multicap Fund will prove to be a boon for investors who invest in the capital market with a diversified and disciplined approach. This scheme is based on long-term investment and balanced risk-return. 25% of the funds received in this scheme will be invested in large, mid-cap and small-cap companies. While 40% to 60% of the amount will be invested in companies that have the potential to give better returns in different sectors.
Intensive research will be done before investment and mainly stocks included in the Nifty 500 Multicap Index will be selected.
Trust Mutual Fund Chief Executive Officer Sandeep Bagla said that the focus of the scheme will be on investing in fast-growing and active companies, as well as companies generating alpha.
Fund manager Akash Manghani said that patience and discipline are very important to get better returns from investing in the capital market, and keeping this strategy in mind, we work on our plans.