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Trust Mutual Fund has launched TRUSTMF Corporate Bond Fund.
This is the sixth edition of Trust Mutual Fund. Anand Nevatia, Fund Manager, Trust Mutual Fund will manage this scheme.
In a press release, Sandeep Bagla, CEO, Trust Mutual Fund, said, “We are excited to present corporate bond fund to our investors. In the current environment, investors can expect both interest income and likelihood of generating capital gains which will add to the returns. It would be ideal if an investor comes with a time horizon of more than a year and is looking for a relatively safe option.”
Anand Nevatia, Fund Manager, Trust Mutual Fund said, “Since March 2022, market yields in the 1-2-year corporate bond segment have risen by almost 250 bps to 7.50% and the corporate yield curve is mostly flat beyond two years. We believe high and sticky core inflation is still a concern, and a high-interest scenario might prevail. Our new fund offer aims to take benefit of higher yields and maintain a maturity of 2-3 years in the normal scenario.”
