Trust Mutual Fund, the newest entrant in the mutual fund industry has crossed AUM of Rs. 1,000 crore within four months of its operation.
As on April 28, 2021, the AUM of the fund house was Rs.1036 crore from over 750 investors spread across 40 locations. Currently, the fund house offers banking and PSU fund and liquid fund.
In a press release, Sandeep Bagla, CEO of TRUST AMC said, “It is encouraging for us as a fund house to have achieved this milestone. Our investors have trusted us with their hard earned savings and we accept this responsibly with utmost humility and gratefulness. This shows that our safety first approach has truly struck a chord with our investors.”
Abhishek Dev, Chief Business Officer of Trust AMC added, “Achieving this milestone is a testimony to our philosophy of always keeping the investor first. We are grateful to our investors and partners for this support and will remain focused on constant innovation and bringing even more ground-breaking and robust products supported by our high quality of service”.
