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Trust Mutual Fund's maiden equity fund, TRUSTMF Flexi Cap Fund, an open-ended dynamic equity scheme cap investing across large cap, mid, small cap stocks, has collected over Rs. 510 crore during its NFO ended on April 20.
In a press release, Sandeep Bagla, CEO of Trust Mutual Fund said, "We are delighted by the overwhelming response to our first equity debut offering. I am excited on embarking on this journey that includes the wide investing populace of India/Bharat. We will endeavour to maintain the highest standards of integrity, transparency, and service.”
Mihir Vora, Chief Investment Officer, Trust Mutual Fund said, "The strong NFO collection and large number of applications reflect investor confidence in our investment ideology and expertise. We are looking to spread the deployment of funds across next few weeks in a judicious and optimal manner.”
The fund will be managed by Mihir Vora and Aakash Manghani, Fund Manager-Equities.
